Trump Media, Crypto.com to Build $6.4B CRO Treasury Firm, CRO Jumps 25%
Trump Media will buy $105 million in CRO tokens while Crypto.com takes $50 million in DJT stock as part of a partnership that makes the…
Trump’s SEC Chair Says Agency Is ‘Mobilizing’ to Update Custody, Other Guidance
SEC Chair Paul Atkins appeared on “Mornings With Maria” to discuss his recently announced “Project Crypto. The U.S. Securities and Exchange Commission is looking at…
Ether Price Target Lifted to $7.5K at Year-End and $25K in 2028 at Standard Chartered
Analyst Geoff Kendrick cited surging institutional demand, favorable regulation and network upgrades. Ether (ETH) has been on a big run of late, but it’s just getting started,…
Ether Soars Above $4K for First Time Since December
At the same time, bitcoin is seeing flattish price action, pushing the ETH/BTC ratio to nearly its highest level of the year. With interest rates…
Does the Fed Need to Cut Now? Bitcoin Crumbles Back Below $113K After ISM Services PMI
A stalwart in showing strong economic activity, the ISM Services PMI has moved notably slower over the past three months. Adding to the shocking downward…
U.S. Added Just 73K Jobs in July, Unemployment Rate Rose to 4.2%
In addition to the weak July number, June’s and May’s originally reported strong job growth were revised sharply lower. U.S. jobs market growth slowed considerably…
Whale Revives Profit-Taking Concerns as Bitcoin Holds Flat: Crypto Daybook Americas
Bitcoin’s Asian session bounce from $117,500 ran out of steam near $119,200 during European hours, extending two weeks of directionless trading. The CoinDesk 20 (CD20) Index traded 1.4%…
PNC Bank to Offer Crypto Access Through Coinbase Amid Growing Institutional Demand
The partnership aims to bring crypto trading to PNC clients and banking support to Coinbase, the companies said. PNC Bank (PNC) is partnering with Coinbase (COIN) to offer its…
Bitcoin Treads Water as Traders Eye $140K: Crypto Daybook Americas
While bitcoin BTC$119,172.52 is pretty much back to where it was 24 hours ago, ether (ETH) and XRP XRP$3.4963 extended their gains after the House of Representatives passed the…
Crypto Is Going Mainstream and ‘You Can’t Put the Genie Back in the Bottle,’ Bitwise Says
Regulatory clarity would allow major financial institutions to fully build in crypto, the report said. The U.S. is on the verge of passing landmark crypto…