ECB Raises Interest Rates by 25 Basis Points to 2.50%
The European Central Bank has raised interest rates by 25 basis points, bringing its deposit rate to 2.50%, according to information shared by Coin…
Polymarket Hires Former Amazon Finance Chief Warren Jenson as First CFO
Polymarket has appointed former Amazon finance chief Warren Jenson as its first chief financial officer, according to information shared by Cointele…
Nasdaq Invests $100M in Kraken Parent at $21B Valuation
Nasdaq is investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, at a valuation of $21 billion, according to inform…
Bitcoin Key Level at $72K–$73K
Bitcoin is approaching a key technical threshold at $72,000–$73,000, a range identified by CryptoQuant as an important level for assessing the crypto…
Coinbase CEO Brian Armstrong Calls $400,000 Bitcoin Target by 2030 ‘Reasonable’
Coinbase CEO Brian Armstrong said a Bitcoin price of $400,000 by 2030 is a “reasonable target,” according to Cointelegraph . The statement places A…
Saudi Arabia Oil Output Falls to 36-Year Low Amid Export Disruptions
Saudi Arabia's crude oil production fell by 1.9 million barrels per day to 6.2 million bpd in August, reaching its lowest level in 36 years as di…
Coinbase Rebrands Base App Back to Coinbase Wallet
Coinbase has reverted the name of its self-custodial Base App to Coinbase Wallet, reversing a branding decision made just over a year ago as the com…
EU Tokenization Cap Faces Pushback From Nasdaq and Financial Firms
Nasdaq and a group of financial and technology companies are urging European lawmakers to reconsider a proposed €100 billion ceiling on tokenized se…
Senate Republicans Revise CLARITY Act Ahead of September 15 Vote
Senate Republicans are circulating revised language for the CLARITY Act ahead of a crucial September 15 procedural vote, with negotiations still unr…
Sam Bankman-Fried Takes FTX Fraud Conviction to Supreme Court
Sam Bankman-Fried has asked the U.S. Supreme Court to review his conviction and 25-year prison sentence stemming from the collapse of FTX, escalatin…
U.S. Treasury Yields Surge as 30-Year Rate Hits 5.378%
U.S. Treasury yields surged to multiyear highs as rising oil prices and stronger-than-expected inflation pressures increased concerns about the Feder…
Japanese Markets Slide as Oil and Bond Yields Fuel BOJ Rate-Hike Concerns
Japanese financial markets came under renewed pressure as rising oil prices and government bond yields intensified expectations for further monetary …