Finance
The Swiss National Bank (SNB) has ruled out adding Bitcoin or any other digital assets to its reserves, despite U.S. President Donald Trump’s push for a national crypto reserve. “We do not have plans to buy crypto assets,” SNB chief Martin Schlegel said in an interview with Bloomberg
Markets
Solana is stepping into the U.S. exchange-traded fund (ETF) market with the launch of two Solana futures ETFs, marking a significant milestone for the sixth-largest cryptocurrency. Volatility Shares LLC, a Florida-based ETF firm, is set to debut these funds Thursday, offering investors new exposure to Solana’s market movements.
Markets
Federal Reserve Chair Jerome Powell downplayed growing concerns over economic slowdowns and inflation risks tied to President Donald Trump’s trade tariffs, signaling that the central bank is still on course for two rate cuts this year. Fed Holds Rates Steady, Tariff Concerns Linger Following the Federal Open Market Committee’
Markets
Ripple CEO Brad Garlinghouse announced on March 18, 2025, that the company’s long-running legal fight with the U.S. Securities and Exchange Commission (SEC) has concluded. The resolution marks the end of a four-year saga that began when the SEC sued Ripple in 2020, accusing it of raising $1.
Finance
Utila, a platform providing institutional-grade cryptocurrency wallets, has secured $18 million in a Series A funding round as businesses increasingly turn to stablecoins for payments and treasury management. Announced on March 19, 2025, the investment highlights a growing trend in the crypto world toward practical, real-world applications. The round was
Finance
Halliday, a rising star in the web3 space, has raised $20 million in a Series A funding round led by a16z crypto, the cryptocurrency arm of venture capital giant Andreessen Horowitz. The investment, announced on March 18, 2025, brings the workflow protocol developer’s total funding to $26 million, signaling
Markets
Crypto exchange Gemini has named Dan Chen as its new Chief Financial Officer (CFO), signaling a potential strategic shift as the company reportedly considers an initial public offering (IPO). Chen, formerly Vice President of Capital Markets at Affirm, announced his new role on Monday via X, expressing enthusiasm for the
Markets
Robinhood is expanding into prediction markets, introducing a new hub for betting on politics, economics, and sports through its subsidiary, Robinhood Derivatives. The initiative, launched in partnership with U.S.-based prediction market firm Kalshi, marks Robinhood's deeper push into event-based trading. We're excited to power
Finance
World Liberty Financial (WLFI), a decentralized finance (DeFi) project backed by former U.S. President Donald Trump, has successfully completed its latest public token sale, raising $550 million. This brings the project's total funding to $590 million, including private investment rounds, according to data from ICO Drops. The
Cryptocurrency
Russia is increasingly using cryptocurrencies like bitcoin and ether to conduct a small but growing portion of its oil trade with China and India, helping it navigate around Western sanctions, Reuters reported Friday. Four sources with direct knowledge of the transactions, speaking anonymously due to the sensitive nature of the
Markets
Crypto traders hit the pause button last month, spooked by President Donald Trump’s tariff threats against big players like Mexico, Canada, and China. The worry that these trade walls could choke global commerce sent investors scurrying from risky bets like cryptocurrencies, and the numbers took a dive. According to
Regulation
Ripple, a trailblazer in blockchain-based payments, made waves on Thursday with news that it’s secured regulatory approval to roll out crypto payment services in the Dubai International Finance Center (DIFC). This isn’t just a win for Ripple—it’s a first. The company now holds the distinction of