Tag: Market

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Pudgy Penguins, BAYC rally masks a shrinking NFT market as volumes and users fall

Non-fungible tokens (NFTs) are rallying, and to those fixated on rising prices, the market may seem to be booming. Overall activity, however, tells a...

1 in 3 Crypto Traders Cut Spending Amid Market Slump: Survey

The recent crypto market downturn has forced more than one in three crypto traders to cut everyday spending, according to a new survey by...

U.S. CFTC adds New York to string of states its suing to stop prediction market pushback

The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to shield what the agency has argued is its...

Lotus Taps WisdomTree Money Market Fund to Build Yield Floor into DeFi Lending

WisdomTree's WTGXX holds nearly $860M in distributed asset value, mostly on Ethereum.Pre-launch DeFi lending protocol Lotus has announced that WisdomTree's Treasury Money Market Digital...

Michael Saylor says BTC winter is over. Market analyst disagrees, says bitcoin was in a pullback

Michael Saylor, executive chairman of Strategy (MSTR), the largest publicly traded holder of bitcoin BTC$77,667.24, said Thursday on X that the crypto winter is...

Wisconsin joins prediction market fight, suing Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com

Prediction markets have a consistent line: their products are financial instruments, not bets. Wisconsin isn't buying it, and in a new complaint targeting Kalshi,...

Bitcoin, ether drop in Asia as Japanese data adds to Iran war-led market jitters

Cryptocurrency markets remained on the back foot Friday as macroeconomic signals from Japan, one of the world’s largest economies, compounded uncertainty driven by the...

Hashgraph and RiskStream Collaborative Partner to Tokenize $1T Insurance Market Data

Hashgraph, the organization driving the development of the Hedera network, has partnered with The Institutes RiskStream Collaborative. The collaboration between the tech firm and...

More than 100 crypto firms urge Senate to act on market structure bill markup

A coalition of U.S. crypto companies and trade groups called on the Senate Banking Committee to proceed with a markup of the Clarity Act,...

Bitcoin Bulls Fight For Bull Market Support Band Into Weekly Close

Bitcoin (BTC) slipped from near three-month highs on Thursday as attention turned to the weekly close.Key points:Bitcoin retraces after its latest trip to its...

Crypto Advocacy Group Calls Action on Market Structure Bill ‘critical‘

More than 120 entities affiliated with the cryptocurrency and blockchain industry are urging US lawmakers to stop stalling on the advancement of a digital...

The market repriced DeFi in just 48 hours

Until last Friday, April 17, lending stablecoins into Aave, widely considered the gold standard of DeFi, paid 2.32% APY. The Federal Reserve's overnight rate...