A recent report has underlined that the US economic growth for the fourth quarter may have slowed down. It remains to be seen if cryptocurrencies were a part of it, considering the segment is still in a downtrend. Uncertainty continues to loom as tariffs show little to no impact on
The President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, criticised the cryptocurrency industry on February 19, describing digital assets as utterly useless and defined by word salad marketing instead of functional utility. Kashkari attended the 2026 Midwest Economic Outlook Summit, in which he questioned the fundamental value proposition
Parsec, an AI-powered on-chain analytics platform, announced on February 19 that it is closing its operations after five years in business. The crypto market continues to struggle months after the October crash, which has led to several companies shutting down their operations. After 5 years, parsec is shutting down. Not
A drop in the AI sector has brought AI cryptocurrencies into the spotlight. There is a notable dip in both segments, with the plunge spanning across all the US stock market indexes. Companies that have lost shares are Nvidia, Microsoft, and Alphabet, among others. For the AI crypto segment, a
Ledn issued a $188 million bond offering collateralized by Bitcoin-backed loans, establishing a precedent in the crypto asset debt market. The company structured the bond offering in two tranches, pricing one investment-grade tranche at 335 basis points over the benchmark rate. The structuring agent and bookrunner was Jefferies Financial Group.
BEP-20 utility token $SNACK positioned as the crypto payment layer for sports, entertainment, and everyday life Crypto Snack, the blockchain-based crypto infrastructure company behind the $SNACK token, has announced the full scope of its multi-vertical ecosystem — spanning a Premier League football partnership, institutional-grade real-world asset (RWA) tokenisation, licensed iGaming,
San Francisco Federal Reserve President Mary Daly has sought to further lower inflation. The statement aligns with the target range of 2%. But, it goes on to raise a question if there will be a rate cut, considering that it affects investment appetite in cryptocurrencies. US markets last closed higher,
Coinbase has expanded its crypto lending service in the United States except in New York, which allows the holder of XRP, DOGE, ADA, and LTC to borrow money without selling their crypto. Coinbase now lets the eligible users borrow up to $100,000 USDC by using their crypto as collateral. How
Senator Elizabeth Warren has written a letter to the Federal Reserve and the Treasury Department, advising them not to use taxpayer dollars to bail out billionaires involved in the cryptocurrency market. It was stated in the letter that the bailout would be very unpopular with American taxpayers. The bailout may
Barry Sternlicht, who was the founder and CEO of Starwood Capital, says his company is ready to tokenize real-world assets, but U.S. regulations are blocking it. His company manages more than $125 billion in assets. He shared his plans on RWA and made comments on the current U.S. rules on
