In an interview with Paul Barron, Bitwise chief investment officer Matt Hougan said that while there may be rate cuts later down the road this year, it’s unlikely that the Federal Reserve will cut rates in March.
Eric Trump said the big U.S. banks like JPMorgan Chase and Bank of America were acting “anti-retail, anti-consumer and straight-up anti-American” in their efforts to ban stablecoin rewards.
Webull’s profit miss has made investors jittery, but the CEO is pinning hopes on the company’s AI assistant, Vega, and on diversifying the business to drive the next growth phase.
Robinhood’s stock has been battered by weakness in cryptocurrencies, and the firm is expanding into other operations, such as credit cards, to attract new customers.
The data center company is purchasing 50,000 Nvidia GPUs to expand its AI cloud capacity, but dilution fears weighed on IREN’s stock after the closing bell.
Following warnings from Iran over the closure of the Strait of Hormuz, President Donald Trump announced that the U.S. would extend risk insurance for maritime trade through the strait.
According to a report by Chainalysis, a significant chunk of the outflows went into self-custodial wallets instead of being transferred to other exchanges after the U.S.-Israel airstrikes on Iran over the weekend.
White House Crypto Council Executive Director Patrick Witt said stablecoin issuers don’t need to face bank-level regulation since they don’t lend out deposits.
