Latest Smartphones, Gadgets and Startups News
Bitcoin
The copper-to-gold ratio broke above the 200-day moving average for the first time since September 2020, a development that is historically consistent with Bitcoin’s early stages Bitcoin$80,492.82 bull market. The ratio currently stands at 0.00142, with copper at $6.65 per pound and gold at nearly $4,700 per ounce. Previous spikes in the ratio during 2013,…
This is an excerpt from CoinDesk’s newsletter “Daybook.” If you haven’t registered yet, please register here. Although Bitcoin Bitcoin$80,949.32 Still holding above $80,000, another rate-sensitive corner of the cryptocurrency market is booming, potentially sucking funds away from other cryptocurrencies. rwa.xyz data shows that the total value locked in tokenized Treasury bonds has soared to $15.35…
Brokerage giant Charles Schwab, which manages about $12 trillion in customer assets, has begun launching spot cryptocurrency trading services for U.S. retail clients. First customers can now trade Bitcoin Bitcoin$80,949.32 The company launched Ethereum (ETH) on the Schwab Crypto platform on Tuesday. Last July, CEO Rick Wurster said the company planned to launch cryptocurrency trading…
Bitcoin Bitcoin$80,639.36 The company is fighting a key technical battle, trading just below two closely watched long-term trend indicators: the 200-day simple moving average (200SMA) at $82,455 and the 200-day exponential moving average (200EMA) at $82,027, according to Glassnode. The 200SMA calculates the average closing price over the past 200 days, a daily weighted average….
Bitcoin Bitcoin$80,639.36A leading indicator of risk sentiment, it remains a model of stability ahead of President Donald Trump’s arrival in Beijing for talks with Chinese President Xi Jinping. The largest cryptocurrency has recently been trading 0.5% higher at $80,900 since midnight UTC, in line with gains in the CoinDesk 5 Index (CD5). All five members…
The Depository Trust & Clearing Corporation (DTCC) will use Chainlink infrastructure as its blockchain-based collateral management platform, extending early work between the two companies into one of Wall Street’s core risk management functions. The company said its collateral application chain will use Chainlink’s runtime environment (CRE) and data standards to support pricing, valuation, margining, collateral…
After Morgan Stanley announced the launch of E*Trade, which charges just 50 basis points less than established rivals Coinbase, Robinhood and Schwab, Bloomberg analyst Eric Balchunas said, “Cryptocurrency exchanges should be scared.” Others were less vocal, saying the Wall Street giant “is not entering the cryptocurrency space to complement Coinbase, but to replace it…” The…
Anchorage Digital, the first federally chartered crypto bank in the United States, said it will give way to a global U.S. dollar stablecoin (USDG) alliance that includes Robinhood and Kraken. USDG has a circulating supply of approximately US$3 billion, is issued by Paxos Digital Singapore, and is regulated by the Monetary Authority of Singapore. Other…
Arthur Hayes, chief investment officer of cryptocurrency-focused venture capital and investment fund Maelstrom, said the bull market has returned and he is not waiting for confirmation. Bitcoin Bitcoin$80,621.04 Hayes wrote in a Substack article on Monday that the company’s stock price bottomed at $60,000 earlier this year and that a return to the October 2025…
MARA Holdings (MARA) Is Still Producing Bitcoin Bitcoin$80,621.04but it is increasingly difficult to argue that mining is its core business. The company said in its first-quarter earnings report that it does not expect to make large-scale purchases of specialized ASIC machines used in the process. Historically, bulk purchases have been the easiest way to understand…