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Financial News

Aave, Solana lead crypto price gains as bitcoin (BTC) steadies near $60,000

Aave, Solana lead crypto price gains as bitcoin (BTC) steadies near $60,000

2 months ago by Crypto InsightsCrypto

Bitcoin BTC$60,140.05 found some footing around $60,000 on Friday after this week’s selloff, but the biggest gains came from decentralized finance (DeFi) and the Solana ecosystem. Leading the advance was the native token of Aave AAVE$95.42, the largest DeFi lending protocol, which jumped 19% over… Read More

Surging U.S. IPO market still falls short of bubble territory: Goldman Sachs

Surging U.S. IPO market still falls short of bubble territory: Goldman Sachs

2 months ago by Crypto InsightsCrypto

The pullback marks a sharp reversal from expectations at the start of 2026, when many industry executives anticipated a wave of crypto listings following successful IPOs by Circle (CRCL) and CoinDesk’s owner Bullish (BLSH). Crypto investors also worry that this year’s blockbuster AI-related IPOs are… Read More

Majors lead a broad crypto selloff as tech stocks tumble

Majors lead a broad crypto selloff as tech stocks tumble

2 months ago by Crypto InsightsCrypto

South Korea’s Kospi tumbled as much as 9%, triggering its second trading halt of the week, as chipmakers SK Hynix and Samsung both fell more than 8%. Nasdaq 100 futures fell 1.5%. Brent crude slipped below $74 a barrel, easing little of the pressure, after… Read More

Invesco, $2.5T asset manager, files for tokenized fund targeting stablecoin reserves

Invesco, $2.5T asset manager, files for tokenized fund targeting stablecoin reserves

2 months ago by Crypto InsightsCrypto

Invesco’s move is another sign of asset managers increasingly chasing a new business opportunity created by stablecoins. These cryptocurrencies are designed to maintain a fixed value, typically tied to one U.S. dollar, and are backed by reserve assets such as cash and short-term Treasuries. As… Read More

Forget max pain. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry

Forget max pain. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry

2 months ago by Crypto InsightsCrypto

Bitcoin’s BTC$61,622.70 price drop ahead of Friday’s quarterly options settlement has once again cast doubt on the popular “max pain theory.” The max pain level for this expiry stands at $72,000, significantly above current spot prices of around $61,700. On Friday at 8:00 ET, options… Read More

Binance withdraws Greek MiCA bid but vows to remain in the EU

Binance withdraws Greek MiCA bid but vows to remain in the EU

2 months ago by Crypto InsightsCrypto

Binance has withdrawn its application for a Markets in Crypto-Assets (MiCA) license in Greece and will seek authorization in another European Union country, the crypto exchange said Wednesday via several X posts. While Binance did not immediately respond to CoinDesk’s request for comment, Gillian Lynch,… Read More

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