BlackRock CEO Larry Fink said the market could see another 20% drop, but that the current drawdown is a buying opportunity in the long term as the current situation doesn’t pose systematic risk. “I see it more as a buying opportunity than
JPMorgan Chase CEO Jamie Dimon is warning investors about the potential of rising prices and further slowing of the U.S. economy as a result of U.S. President Donald Trump’s tariff policy. “The recent tariffs will likely increase inflation and are causing many
It’s been a wild ninety minutes in markets, with the Nasdaq swinging from about a 5% loss to a 5% gain and then returning to flat in very quick order on a story — later denied by the White House — that
Stablecoins continue growing into a pillar of both the cryptocurrency world and the global financial system. The market has already surpassed $235 billion, showcasing that people have faith in the future of these assets. Currently, two USD-backed stablecoins (USDT and USDC) have
Its capital raising efforts likely on hold amid the market panic, Strategy (MSTR) did not add to its bitcoin (BTC) holdings last week. Additionally, the company expects to report a net loss for the first quarter due to a $5.91 billion unrealized
Bitcoin mining stocks are taking it on the chin alongside broader equity markets as competition ramps up to an all-time high and traders panic-sell equities amid tariff-led uncertainties. Most mining stocks fell more than 10% on Monday, adding to last week’s sell-off.
Cap, a yield-bearing stablecoin protocol, shared Monday that it has raised $11 million in funding from big-name financial institutions including Franklin Templeton and Triton Capital. The total funding — announced at the close of a recent $8 million seed round — will
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 2173.26, down 13.5% (-338.56) since 4 p.m. ET on Friday. None of the 20 assets are
South Korea’s National Pension Service (NPS), which manages 1,224 trillion won ($836 billion) in assets, plans to look at how a blockchain could be used in its fund transaction systems. The organization is weighing a shift to blockchain technology to boost transparency
President Donald Trump reiterated calls for Fed rate cuts, saying there is no inflation. “Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is NO INFLATION, and the long time abused