Coinbase has acquired the team behind Iron Fish, a privacy-focused blockchain project, to strengthen privacy features on its layer 2 network Base, the company announced. The deal does not include the Iron Fish blockchain or its native token, which will continue to operate independently “and unaffiliated with Coinbase or Base,” under the Iron Fish Foundation. […]
Trump Orders ‘Fort Knox’ Bitcoin Reserve and Digital Assets Stockpile
President Donald Trump has directed his administration to establish a Bitcoin Strategic Reserve to hold the assets that have been seized by the government, and he’s additionally called for a crypto stockpile of other types of assets. At this point, all of the assets contemplated by the order would be those seized in civil or […]
Texas Surges in U.S. States’ Race to Put Public Funds Into Crypto
Several U.S. states are getting closer to putting public money into cryptocurrencies effort, spurred by President Donald Trump since he announced plans to do the same on a federal level. And Texas is now among the leading contenders. On Thursday, the Texas state senate passed the so-called SB 21 bill which would allow the state […]
Crypto for Advisors: Crypto Investment Misconceptions
In today’s issue, Christopher Jensen from Franklin Templeton cuts through some of the noise and misconceptions about crypto investing in today’s myth-busting article. Then, Pablo Larguia from SenseiNode answers questions about staking rewards in Ask an Expert. –Sarah Morton You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe […]
ECB Expected to Cut Interest Rates as Traders Pile Into Fed Easing Bets
The European Central Bank (ECB) is expected to cut interest rates on Thursday to 2.65%, continuing its easing from a 4.5% peak amid increased volatility in bond markets. The expected easing comes as markets reprice at least three Fed rate cuts for 2025 and Germany and China take the fiscal easing route to shore up […]
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