Circle stock plunges 18% as a new draft of the Clarity Act threatens stablecoin rewards
The latest version of the Clarity Act is pressuring stocks as it would restrict stablecoin rewards.
Wall Street’s crypto push has been years in the making, says Morgan Stanley
Morgan Stanley’s Amy Oldenburg said banks are expanding into crypto not because of hype, but after years of infrastructure development.
Bitcoin slips below $70,000, Circle’s 16% slide leads crypto stock sell-off
Market participants are now pricing in rate hikes, and it could be weighing on risk assets.
Why cautious TradFi firms love staked ether
Regulated insurance and standardized benchmarks are pivoting staked ETH from a crypto experiment to a legitimate institutional yield asset.
Crypto finance is beginning to look at lot more traditional, Aave and Ethena founders say
Until recently, crypto users mostly traded tokens or borrowed against them, often chasing high, but unpredictable yields. New tools allow them to lock in...
New York Stock Exchange taps Securitize to build its tokenized stock platform
The move comes as the race to bring equities to always-on blockchain markets is heating up after Nasdaq obtained regulatory approval for its tokenization...
ParaFi defies crypto market downturn with $125 million raise for new fund: Bloomberg
The firm now manages about $2 billion, having already raised an additional $325 million for existing crypto investment strategies since last year.
Wall Street broker Bernstein calls bitcoin bottom, keeps $150,000 year-end target
The broker sees bitcoin rebounding from its recent lows, supported by ETF flows and expanding corporate treasury demand.
Coinbase says the ‘second wave’ of institutional money for crypto is here and it is all about yield
Coinbase’s head of institutional, Brett Tejpaul, says institutional priorities in crypto are evolving, and investors are increasingly hunting for yield.