Andrew Peel has left his role as Morgan Stanley’s (MS) head of digital asset markets to launch a crypto investment and tech firm in Zug, Switzerland, Bloomberg reported Tuesday. The venture will focus on tokenized funds and trading tools bridging traditional finance and DeFi, according to Bloomberg. Peel, a former Credit Suisse trader who joined […]
Cardano to Directly Feature Blockchain and Assets on Brave Browser
Brave Wallet, the crypto wallet integrated into the privacy-focused Brave web browser, will soon support the Cardano blockchain, allowing users to send, receive and swap ADA ADA and Cardano-native assets directly. The move comes as Brave deepens its multichain functionality beyond existing support for networks like Ethereum and Solana, according to a release from Input […]
Coinbase Shares Jump 8% on S&P 500 Inclusion
Crypto exchange Coinbase (COIN) surged over 8% on Monday after market closing on news that the stock will be included in the broad-market S&P 500 stock index. The company would replace Discover Financial starting on May 19, according to an S&P press release. Discover Financial is being acquired by Capital One. The S&P 500 tracks […]
Penny Stocks Attempt to Ride Crypto’s Coattails
Education tech firm Classover Holdings (KIDZ) said in early May that it would sell $400 million worth of shares to buy solana. Its stock exploded higher. Shares of the thinly traded company, then with a market cap well shy of $50 million soared from $1.15 to more than $7 in just two sessions before settling […]
XRP, BTC Among Major Tokens Flashing Signs of Bulls Returning to Crypto
The bulls are back, and it’s not just for bitcoin BTC. Latest data reveals that at least six of the other top 10 tokens by market value, excluding stablecoins, are now trading above their 200-day simple moving averages (SMA). The 200-day SMA is widely seen by many, including Coinbase, as the barometer of long-term trends. […]
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