The federally regulated lender said 60% of users prefer trading crypto with a licensed institution over exchanges, citing compliance as a trust driver. What to know: SoFi has become the first nationally chartered consumer bank in the U.S. to launch in-app cryptocurrency trading, adding bitcoin, ethereum, and solana access to […]
Nearly 60% of weekly trades in December 2024 were flagged as likely wash trading, with coordinated networks of 43,000 wallets detected. What to know: Polymarket, one of the largest blockchain-based prediction markets, may have had its trading activity significantly inflated by a practice known as wash trading, according to new […]
For the first time, users can access live market odds on future events directly in Google Search and Google Finance, elevating blockchain-powered forecasts into public view. What to know: Google will be bringing prediction market odds from Polymarket and Kalshi directly in Google Search and on its revamped Google Finance […]
The crypto exchange said it plans to raise its borrowing cap from $1 million to $5 million. What to know: Coinbase (COIN) said its bitcoin-backed loan program has surpassed $1 billion in originations since launching in January, underscoring growing demand for crypto as collateral. The exchange currently offers retail customers […]
The world’s largest asset manager is exploring putting exchange-traded funds on chain, sources told Bloomberg. What to know: BlackRock is exploring how to bring exchange-traded funds (ETFs) onto public blockchains, people familiar with the matter told Bloomberg. The sources said the asset manager is weighing tokenizing funds tied to real-world assets such […]
Armstrong joins Jack Dorsey and Cathie Wood in calling for explosive BTC growth, with Ark Invest projecting as high as $3.8M by decade’s end. What to know: Coinbase CEO Brian Armstrong said that bitcoin could hit $1 million per token by the end of the decade, adding his voice to […]
Other crypto ETF applications, including the Grayscale Solana Trust and Canary Capital Litecoin ETF, were also postponed. What to know: The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on whether to approve an exchange-traded fund (ETF) proposed by Truth Social, the social media platform affiliated with Donald Trump. The delay, announced […]
The payments giant is hiring two U.S.-based leaders to grow its crypto and blockchain business. What to know: Mastercard is deepening its push into crypto with plans to hire two senior leaders focused on digital assets and blockchain. The payments giant is recruiting for a Vice President, Head of Digital […]
A longtime vocal critic of bitcoin, Dimon said the bank he runs will now let clients to buy the crypto. What to know: Clients of JPMorgan Chase (JPM) will soon have the option to buy bitcoin BTC$106,663.37, according to CEO Jamie Dimon, who spoke at the bank’s annual Investor Day on […]
TD Cowen analysts evaluated the Strategy’s treasury activity against bitcoin trading volume and price action over the past six months. What to know: Despite its growing footprint as a major corporate holder of bitcoin (BTC), Strategy’s large-scale purchases of the cryptocurrency appear to have little, if any, influence on its […]