SharpLink Gaming (SBET), the Nasdaq-listed crypto treasury firm that has recently emerged as one of the largest corporate holders of ether (ETH), said on Friday it has appointed former BlackRock executive Joseph Chalom as co-CEO of the firm. Chalom, who spent two decades at BlackRock in different roles, spearheaded the asset management giant’s foray into […]
News from Web3, Bitcoin and crypto crurrency launches and market updates
Christie’s International Real Estate has launched a dedicated division to facilitate real estate transactions conducted entirely in cryptocurrency, the New York Times reported on Thursday. Spearheaded by Aaron Kirman, CEO of a Christie’s-affiliated firm in Los Angeles, the initiative follows several high-profile deals, including a $65 million Beverly Hills transaction where crypto was used exclusively. […]
The first wave of U.S.-listed spot Ethereum exchange-traded funds (ETFs) has racked up nearly $8.7 million in net inflows in its first year on the market, according to public data compiled since the funds launched on July 23, 2024, despite heavy outflows out of Grayscale’s Ethereum Trust (ETHE). That performance, while modest compared to their […]
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3943.11, down 2.0% (-80.67) since 4 p.m. ET on Thursday. Five of 20 assets are trading higher. Leaders: BCH (+7.2%) and HBAR (+3.6%). Laggards: SOL (-4.2%) and XRP (-3.7%). […]
NEAR Protocol bounced 0.7% between 11:10 and 12:09 UTC on Thursday, erasing a brief $2.77 dip in a volatile trading window marked by sudden institutional inflows. The token whipsawed from $2.79 to $2.77 before reclaiming session highs, highlighting a two-phase move characterized by consolidation near $2.78, followed by a selloff and swift recovery. The rebound […]
Decentralized finance (DeFi) platform Ethena is set to bring its $1.5 billion stablecoin to the U.S. market, teaming up with crypto bank Anchorage Digital to issue the token under the new stablecoin laws. As part of the partnership the firms announced on Wednesday, federally regulated crypto bank Anchorage will issue the USDtb token directly in […]
SUI (SUI) rebounded forcefully on Thursday, rising to $3.78 from $3.52 in just five hours, after slumping 8% during the U.S. night. The token had dropped from $3.82 starting around 11 p.m. ET before bottoming out at 3 a.m. ET. At that point, trading volume swelled to 35.4 million. That’s more than double its 24-hour […]
Solana’s ecosystem is coalescing around an updated vision its architects call “Internet Capital Markets”—a decentralized, high-performance foundation for the next generation of on-chain financial applications. While the network has long focused on boosting bandwidth and slashing latency, its latest roadmap dives deep into market microstructure, arguing that the next leap forward lies in giving applications […]
Blockchain is reshaping industries beyond finance. In this Crypto for Advisors newsletter, we shift focus from traditional investments to explore a disruptive blockchain use case in the music industry. Inder Phull, CEO and Co-Founder of Pixelynx and creator of KOR Protocol, explains how on-chain music rights and royalties are transforming ownership and why this matters […]
Bank of America (BAC) says the GENIUS Act, signed into law last Friday by President Donald Trump, marks a turning point for U.S. stablecoin regulation, laying the groundwork for infrastructure development and tokenized finance growth. Supply of stablecoins, crypto tokens whose value is pegged to real world assets such as fiat currencies or gold, will […]
Shiba Inu (SHIB) has suffered significant losses in the past 24 hours, consistent with the broader market’s decline. The joke token, however, narrowly outperformed its top rival dogecoin. Key price movements SHIB experienced a precipitous decline from $0.000015189 to $0.000014130, constituting a pronounced 7% depreciation. The pivotal sell-off was characterized by trading volumes reaching extraordinary […]
Bank of New York Mellon (BNY) and Goldman Sachs (GS) are rolling out tokenized money market funds for clients as digital asset adoption is accelerating. BNY, which is one of the oldest and largest custody banks in the world overseeing $53 trillion of assets, announced on Wednesday to start offering institutional investors token versions of […]