Category: Market

Besides, Figure, a fintech company providing lines of credit collateralized by home equity, accounted for most of the market value of the on-chain private credit market. However, excluding Figure, the sub-sector has still experienced growth in terms of active loans, led by Centrifuge, Maple, and Goldfinch.

The bump came as Trump said he would launch the family-helmed World Liberty Financial project on Monday.

BTC, ether (ETH), Solana’s SOL, BNB Chain’s BNB and Cardano’s ADA all lost just under 1%, CoinGecko data shows. XRP and memecoin dogecoin (DOGE) were the only major tokens solidly in the green, climbing 5% and 4.5%, respectively. The broad-based CoinDesk 20, a liquid index tracking the largest tokens by market capitalization, rose 0.85%.

“I think [it] is a close call,” Jon Faust, previously a senior advisor to Fed Chair Jerome Powell, told Timiraos. “You can make a very good case for 50,” said Esther George, president of the Kansas City Federal Reserve for more than a decade until last year. She noted that the Fed moved quickly to…

“Tether plays a significant role in the current and future development of the digital economy and U.S. dollar hegemony,” Spiro, who also ran government affairs at blockchain analytics firm Chainalysis, said in a Friday statement. “The ever-evolving legislative and regulatory landscape will continue to require strong collaboration between the public and private sectors.”

Bitcoin tumbled some 1% to $57,600 earlier during the day after software company MicroStrategy announced the purchase of 18,300 BTC for $1.1 billion. The largest crypto quickly recovered the losses and rose sharply later in the session, up 2.2% over the past 24 hours at $59,700.

Several of Bankman-Fried’s closest friends and colleagues – including his ex-girlfriend Caroline Ellison, Nishad Singh, Gary Wang, and Ryan Salame – testified against him during his trial, and pleaded guilty to their own counts of fraud. Salame was sentenced to 7.5 years in prison in May. Ellison is set to be sentenced later this month,…

The product will allow users to access up to 30% of blocked assets in a liquidity pool.

If it turns out that the judge’s ruling preempts the CFTC’s proposed rulemaking, election event contracts may now be completely legal.