Markets
Bitcoin is now calmer than South Korea's stock market. Here's why it matters
Bitcoin's comparative stability during geopolitical turmoil has reinforced its appeal as a hedge.
Ripple wants the XRP Ledger to be quantum-proof by 2028. Here is its plan
Ripple has laid out a four-phase plan to make the XRP Ledger quantum-resistant by 2028.
Trump token sees whale accumulation ahead of Mar-a-Lago gala; senators raise questions over event
Some whales have withdrawn large amounts of TRUMP tokens to private wallets, according to Lookonchain.
Crypto-related stocks higher across the board after the ceasefire news
Bitcoin, equities, and gold rise while oil and volatility drop amid improving risk sentiment.
Crypto whale holding oil shorts walks away with $2 million in profit
A trader named Loracle closed his short position in oil futures early Wednesday, pocketing $2 million in profit.
Invesco takes over Superstate’s $900M fund; Franklin Crypto in focus
On this episode of CoinDesk’s Public Keys from the New York Stock Exchange, Jennifer Sanasie is joined by 250 Digital Asset Management CEO Chris Perkins to discuss his firm’s acquisition by Franklin Templeton. Superstate CEO Robert Leshner and Invesco’s Kathleen Wrynn break down their partnership, with Invesco becoming the investment manager of Superstate’s Short Duration US Government Securities Fund (USTB). Plus, NYSE Senior Market Strategist Michael Reinking unpacks the macro environment.
Bitcoin tends to outperform gold and stocks after global shocks, Mercado Bitcoin finds
The study analyzed 60-day windows after economic or geopolitical shocks and found that Bitcoin posted stronger returns than gold and the S&P 500 in each period.
Market structure bill delayed as crypto, banks meet lawmakers
Crypto and banking leaders are meeting with legislative staffers to hash out the future of U.S. stablecoins. The market structure bill is now delayed again and the fight over yield isn't the only hurdle as lawmakers finalize on DeFi regulations and concerns over President Trump's family crypto projects. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
JPMorgan & Goldman Sachs eye prediction markets
JPMorgan Chase CEO Jamie Dimon said the bank is considering entering prediction markets and Goldman Sachs has expressed similar ambitions. Would the Wall Street giants adopt blockchain-based systems or stick to traditional infrastructure? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Crypto asset manager CoinShares to list on Nasdaq Stock Market after $1.2 billion SPAC deal
The listing makes CoinShares the latest crypto firm to list in the U.S., following the likes of BitGo, Circle, Bullish and Gemini.
