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Robinhood’s (HOOD) strong second-quarter earnings Wednesday evening have prompted Wall Street to raise its expectations for the stock, but the modest boosts suggest the group believes much upside has been priced in. Shares are trading slightly higher Thursday morning at $106.50. Citi,
Former OpenSea employee Nathaniel Chastain has successfully appealed his conviction for wire fraud and money laundering.
Why is Meta allegedly pirating porn? Math suggests AI agents won’t take everyone’s jobs, AIs secretly trained to love owls, and more: AI Eye.
Global payments provider Visa (V) is expanding its stablecoin settlement platform to new blockchains and stablecoins, the company announced on Thursday. The firm will now support two dollar-pegged tokens, PayPal USD (PYUSD) and Global Dollar (USDG), through a partnership with Paxos. It
Stablecoins, the dollar-pegged tokens that now rival the volumes of Visa and Mastercard for international payments, are about to get faster. While their traditional finance rivals can process upwards of 65,000 transactions a second (TPS), the web of decentralized blockchains in existence
Ether (ETH) hovered near $3,800 on Thursday as increasingly bullish price targets circulated on crypto social media, including one analyst who outlined a case for $16,000 based on long-term technical setups and sustained institutional inflows. “Edward”, a popular chart analyst on X,
Clearpool, a decentralized credit marketplace, unveiled a suite of products to finance payments, targeting fintech firms processing cross-border transfers and card transactions. The products include stablecoin credit pools for payment finance (PayFi) and cpUSD, a permissionless token that generates yield from short-term
CoinDesk Indices announced, in partnership with SGX Indices, the launch of the iEdge CoinDesk Cryptocurrency Indices, a suite of regulated digital asset benchmarks designed to support institutional market participants with robust, transparent data infrastructure. The new indices include real-time benchmarks and reference
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 3987.71, up 2.9% (+112.96) since 4 p.m. ET on Wednesday. All 20 assets are trading higher.
This is a daily analysis of top tokens with CME futures by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin: Golden Ratio Eyed As bitcoin (BTC) continues to trade flat in the $116,000-$120,000 range, the monthly chart shows $122,056 as key