Crypto is erupting into mainstream finance as major advisory firms embrace digital assets, with billions set to flow and 5% allocations becoming the new norm, Bitwise says. The ‘Big Unlock’ Is Happening—Billions Poised to Shift Across Wealth Portfolios Bitwise Asset Management’s chief investment officer, Matt Hougan, offered a bullish outlook on crypto adoption within traditional […] Source CryptoX Portal
Coinbase will provide cryptocurrency trading, custody, and staking services to Webull Pay through its Crypto-as-a-Service (CaaS) platform starting in June 2025, the two companies announced Friday. Coinbase to Provide Backend Crypto Services for Webull Pay Under the agreement, Webull Pay gains access to Coinbase’s institutional-grade infrastructure, including custody solutions, advanced trading systems, and support for […] Source CryptoX Portal
Blockchain development platform Alchemy said it has acquired Solana developer DexterLab for an undisclosed fee. The acquisition will accelerate the development of Solana-based Web3 applications to meet growing enterprise demand, Alchemy said in an emailed announcement on Friday. DexterLab’s technology has previously powered the Solana development of Google and the Solana Foundation, establishing itself as “a go-to infrastructure provider,” according to Alchemy’s announcement. One of Alchemy’s aims in acquiring DexterLab is to consolidate Solana development alongside that of Ethereum to reduce complexity for projects building across multiple networks. Alchemy may…
“There’s a famous saying that sometimes the enemy of your enemy is actually your best friend,” Eric Trump told the crowd at Consensus in Toronto, Canada. “That was the Trumps with the crypto community. And I think the banks made the biggest mistake of their lives.” The son of U.S. President Donald Trump and co-founder of bitcoin BTC$103,978.72 mining company American Bitcoin is also an adviser to World Liberty Financial (WLF), which recently launched a U.S. dollar-backed stablecoin, USD1, that has already reached $2 billion in market capitalization. Co-founders of…
Rising U.S. Treasury bond yields are fueling fears of tighter financial conditions, and potential recession risks as global markets grapple with heightened volatility. Flight to Safety or Prelude to Panic? Bond Market Signals Turn Ominous The yield on the benchmark 10‑year U.S. Treasury note stood at 4.45% on Thursday, May 15, 2025, while the 30‑year […] Source CryptoX Portal
There’s no shortage of crypto projects that have been touted as the thing that will onboard the next billion users to Web3, but Moonwalk Fitness has a slightly different approach — wellness. The fitness accountability app, which launched for iOS and Android earlier this year, essentially offers users a way to bet on whether they’ll meet their fitness goals — for now, that’s daily steps, but Moonwalk Fitness’ Director of Growth Caitlin Cook — speaking with CryptoX ahead of Consensus 2025 in Toronto — that the project hopes to add different…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3238.87, up 1.3% (+41.2) since 4 p.m. ET on Thursday. Nineteen of 20 assets are trading higher. Leaders: AAVE (+7.4%) and ETH (+2.9%). Laggards: XRP (-0.6%) and APT (+0.2%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. Source BitcoincryptoexchangeExchanges CryptoX Portal
Key takeaways: Warren Buffett’s Berkshire Hathaway earned $250 million from its complete exit from crypto-friendly Nubank. The decision to divest didn’t appear to be performance-based—Nu Holdings posted record profits in 2024 and Q1 2025. Buffett’s exit aligns with Berkshire’s broader financial sector pullback and growing cash reserve strategy. Warren Buffett, the legendary investor long known for his skepticism toward cryptocurrencies, has fully exited his position in one of Latin America’s most crypto-friendly banks, Nubank, before his departure from Berkshire Hathaway. Berkshire earns $250 million from crypto investments A May 15…
Lyft, a ride-sharing company with over 2 million drivers, will leverage Hivemapper, a Solana-based DePIN application, as a low-level, street-focused mapping solution. Lyft will implement solutions provided by Bee Maps, a company that utilizes Hivemapper-based software. Lyft Partners With Bee Maps to Capture Street-Level Mapping Data Lyft, a ridesharing company with over 2 million drivers […] Source CryptoX Portal
Key takeaways: Bitcoin price consolidates as resistance at $105,000 prevents rally to new all-time highs. Traders are slightly bearish, but historical data suggests that a sudden bullish move should not be ruled out. Bitcoin (BTC) price has been consolidating within a roughly $3,500 range over the past seven days as the $105,000 level remains the overhead resistance to break. BTC/USD weekly chart. Cointelegraph/TradingView Bitcoin unable to crack $105,000 Data from Cointelegraph Markets Pro and Bitstamp shows that BTC’s price has been oscillating between its resistance level at $105,000 and $101,500,…