Crypto Biz: Wall Street turns the key: Banks, stablecoins, tokenized collateral hit fast-forward
Wall Street leans into crypto: E*Trade to add BTC, ETH and SOL, JPMorgan cools on stablecoin risks, and CFTC tests tokenized collateral.
Wall Street leans into crypto: E*Trade to add BTC, ETH and SOL, JPMorgan cools on stablecoin risks, and CFTC tests tokenized collateral.
Two Nasdaq-listed DATs are investing in The Open Network's native token, allocating millions to token reserves even as the asset and their share prices decline.
Although crypto treasury companies have enjoyed short-term price gains, most have underperformed the underlying assets they hold.
Bitcoin and several major altcoins are trying to start a recovery, but they are likely to be met with significant selling pressure at higher levels.
Wall Street adoption may catalyze the first “supercycle” extending Ether’s price appreciation beyond the traditional four-year cycle, according to the largest corporate ETH holder.
The reported funding round comes amid earlier indications that the crypto exchange is preparing for a potential public offering.
Key factors, such as Bitcoin dominance, liquidity shifts, market cycles and investor sentiment, drive altcoin season.
Bitcoin showed no sign of a major rebound after the release of major US inflation data, with bid liquidity clustered at $108,200.
US President Donald Trump’s son Eric told the New York Post that stablecoins could “save the US dollar,” and defended his family’s crypto ventures.
The CFTC still doesn’t have a permanent chair, but there are reportedly several pro-crypto contenders who are under consideration to lead the agency.