U.S. Federal Reserve’s New Supervision Chief Sold on Bringing Crypto to Finance
The U.S. Federal Reserve’s newest vice chair who supervises Wall Street banking, Michelle Bowman, made a crypto speech on Tuesday that could have been...
Robinhood Partners With Kalshi to Launch NFL and College Football Prediction Markets
Robinhood (HOOD) has partnered with Kalshi, a Commodity Futures Trading Commission (CFTC)-regulated and blockchain-based prediction market, to let users trade on the outcomes of...
Bitcoin Drops Below $114K, Ether Loses $4.2K as Jackson Hole Speech Might Bring Hawkish Surprise
Cryptocurrencies continued their slide on Tuesday with bitcoin (BTC) sinking below $114,000 as investors are turning cautious that Federal Reserve Chair Powell’s Friday Jackson...
ICP Weakens as Selling Pressure Builds Near Critical Support
Internet Computer Protocol (ICP) drifted downward over the past 24 hours, shedding 2.35% to trade at $5.18. The token moved within a $0.23 band...
HBAR Drops 2.5% After Breaking Key Support Levels
HBAR saw sharp selling pressure during the latest session, slipping from $0.241 to $0.238 between 13:25 and 14:24 on August 19. An early spike...
Bullish’s $1.15B in IPO Proceeds Was Entirely in Stablecoins—A First for Public Market
The crypto platform Bullish (BLSH), the owner of CoinDesk, said it received $1.15 billion in proceeds from its initial public offering in stablecoins, which...
Senate Banking Chair Tim Scott: 12-18 Dems May Vote for Market Structure Bill
JACKSON HOLE, Wyo. — U.S. Senator Tim Scott, the chairman of the Senate Banking Committee, anticipates up to 18 Democrats may vote in favor...
Ripple’s Global Co-Head of Policy on Four Best Practices for Digital Asset Custody
Ripple executives used a policy-related blog post on Monday to argue that digital asset custody has become the foundation for institutional adoption of stablecoins,...
Scaramucci’s Skybridge Capital to Tokenize $300M in Hedge Funds on Avalanche
SkyBridge Capital, Anthony Scaramucci’s investment management firm, plans to tokenize $300 million worth of its hedge funds on the Avalanche (AVAX) network. The firm...