Finastra, a London-based financial tech provider to some of the world’s largest banks, said Wednesday it will connect its payments hub to Circle’s (CRCL) USDC stablecoin, giving banks an option to settle cross-border transfers with the token. The integration will begin with Finastra’s Global PAYplus (GPP), which processes more than $5 trillion in daily cross-border […]
Solana’s SOL outperformed the broader crypto market on Wednesday, climbing 7.68% in 24 hours to trade at $208.24, according to CoinDesk Data. By comparison, the CoinDesk 20 Index (CD20) rose 2.89% and the total crypto market cap gained just 1.6% during the same period. Analysts said Solana’s strong performance reflects a combination of technical momentum […]
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. ETH’s chances of hitting $5,000 this month climbed to 26% on […]
Altcoins bounced back sharply on Tuesday after a steep sell-off over the prior 48 hours, with traders seizing lower prices as an opportunity to re-enter the market. XRP led the recovery, gaining 6% over the past 24 hours. Solana (SOL) and dogecoin (DOGE) each climbed about 4.5%, while ethereum (ETH) added 5% over the same […]
The U.S. Commodity Futures Trading Commission is about to drop to a single commissioner when Democrat Kristin Johnson leaves the agency next week, and the only other person waiting in the wings to join the regulator is President Donald Trump’s chairman nominee, Brian Quintenz. As of Sept. 3, the five-member commission will drop to one, […]
One of the crypto industry’s central lobbying aims — to protect software developers from being held legally responsible when criminals abuse their technology — may be in jeopardy from Democrats led by U.S. Senator Mark Warner, according to people familiar with legislative negotiations. The Senate is set to return to work in Washington next week, […]
Hut 8 (HUT), a public bitcoin (BTC) mining and energy infrastructure firm, surged Tuesday after revealing plans to more than double the company’s power capacity. The plans include the development of four new sites across the United States with more than 1.5 gigawatts (GW), expanding total power capacity to over $2.5 GW across 19 locations, […]
Hopes for a quick reversal from the weekend crypto plunge faltered on Monday with bitcoin (BTC) slipping all the way back below $110,000, just barely ahead of its then-euphoric price of $109,400 touched ahead of President Trump’s Jan. 20 inauguration. The largest crypto’s recovery attempt was quickly rejected at $113,000 during the U.S. session, and […]
Native token of oracle network Chainlink (LINK) declined in tandem with the broader crypto market despite a fresh partnership with Japanese financial giant SBI Group. LINK declined to $24.4, down more than 6% over the past 24 hours, CoinDesk data shows. That’s a sharp reversal from the Friday’s year-to-date peak over $27. The downward trajectory […]
ETHZilla (ETHZ) has authorized a $250 million stock repurchase program as the company doubles down on its ether-focused treasury strategy, the firm said in a press release Monday. The Florida-based firm said its board approved the buyback effective immediately, with the program set to run until June 30, 2026, or until the full $250 million […]
Aptos’ APT fell 4% over the 24-hour trading period, fluctuating within a 10% range, according to CoinDesk Research’s technical analysis model. The token made a session high of $4.80 and a low of $4.38, initially advancing to $4.80 before declining sharply to $4.43 by morning hours, then consolidating around $4.45 with modest recovery indicators in […]
Cardano’s ADA token fell 3% over the past 24 hours, currently trading at $0.87 after a volatile session that saw the token swing over 10% in value overnight. The price action followed a Friday night AMA (Ask Me Anything) with Cardano co-founder Charles Hoskinson, who expressed long-term optimism for Cardano’s prospects, pointing to the upcoming […]