The line separating crypto derivatives from traditional finance has all but dissolved, and the two markets are now so intertwined that perpetuals, once a purely crypto instrument, could soon be…
Wall Street firms may embrace blockchain technology, just not in its current form. The open, distributed ledger visible to all comers runs counter to the way traditional finance works, said…
Wall Street financial services firm Cantor is among investment banks that are pitching cryptocurrency trading platform FalconX for its potential IPO, according to two people with knowledge of the matter.The…
Citigroup (C) plans to launch institutional bitcoin custody later this year, part of a broader push to integrate digital assets into the bank’s traditional financial infrastructure.Nisha Surendran, who heads Citi’s…
Shares of Coinbase (COIN) jumped 12% Friday despite the crypto exchange missing fourth-quarter earnings expectations, as analysts reacted to the report with a mix of caution on short-term pressures and…
CME Group CEO Terry Duffy has suggested the derivatives giant is exploring launching its own cryptocurrency.In response to a question from Morgan Stanley’s Michael Cyprys during the company’s latest earnings…
Key takeawaysWall Street’s adoption of Ethereum is closely tied to its ability to automate settlement through smart contracts, reducing reliance on slow, manual reconciliation processes.Stablecoins and tokenized dollars now serve…
Bitcoin (BTC) hit new local lows after Monday’s Wall Street open as analysis warned of “rising” macro headwinds.Key points:BTC price action plumbs new local lows as daily losses pass the…
Bitcoin (BTC) is showing fresh downside risks as a deepening standoff between corporate Bitcoin holder Strategy (MSTR) and global index provider MSCI collides with a weakening technical structure.Key takeaways:Bull flag…
Key takeaways: Ripple is spending about $4 billion to combine prime trading, treasury tools, payments and custody into a single integrated setup.RLUSD trials aim to settle real card payments and corporate…
