Financial News Reader - Coinhills

United States President Donald Trump will reportedly speak at Blockworks’ Digital Asset Summit in New York on March 20, Blockworks said. His speech will mark the first time a sitting US president has ever spoken at a cryptocurrency conference, Blockworks said in a March 19 announcement.Trump’s presence at the event underscores his embrace of an industry that, under former US presid

Despite high optimism among Cardano (ADA) supporters, a look at the weekly chart (ADA/USDT) suggests the exuberance may be premature. While bullish sentiment has grown in tandem with recent regulatory nods, ADA’s price action remains under critical resistance, flashing cautionary signals such as a bearish engulfing pattern. Cardano: Rising Hype Vs. Bearish Technicals On-chain analy

The stablecoin market has seen explosive growth in 2024, with total supply reaching $214 billion and transfer volume hitting $35 trillion, according to a new report by Dune Analytics and Artemis Terminal. Stablecoins in DeFi: $35 Trillion in Transfers Driven by Decentralized Finance The stablecoin market has experienced significant growth in 2024, with total supply […]

Josh Edelson / Getty Images Nvidia CEO Jensen Huang speaks at the GTC AI Conference, March 18, 2025Key TakeawaysShares of several Nvidia partners got a lift Wednesday in the wake of CEO Jensen Huang's GTC keynote.Coherent, Lumentum, Corning, Fabrinet, and Amphenol are some of the companies that could be poised to benefit from Nvidia scaling up its tech, JPMorgan analysts said.The a

Teen-focused discount retailer Five Below Inc. on Wednesday offered up a mixed full-year forecast, but expectations for the year’s first quarter were a bit more upbeat.

Crypto markets are experiencing a modest move to the upside following today’s Federal Open Market Committee (FOMC) meeting, in which the U.S. central bank left interest rates steady at 4.25%-4.50%Bitcoin (BTC) has risen 4.5% in the last 24 hours and is now trading for $85,500, its highest point since March 9.The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capita

Spencer Platt / Getty ImagesKey TakeawaysMeta Platforms on Tuesday became the last of the Magnificent Seven stocks to fall into negative territory for the year.The seven tech giants whose stocks powered the market's gains throughout 2023 and 2024 have weighed on the market this year amid growing economic uncertainty.The equal-weighted S&P 500 still hadn't entered a technical co

70% of crypto payments in the European Union go toward retail, food and beverage purchases, according to a report from Oobit, a cryptocurrency payments platform that surveyed its users’ spending habits. The report, which denominated all transactions in US dollars, showed that the average payment size using the Oobit app was $8.36, while the average deposit into the app was around $

Consumers are increasingly concerned about their jobs and their access to credit as recession fears loom.

The crypto industry continues to rack up wins in Washington, with Ripple Labs CEO Brad Garlinghouse announcing on X on Wednesday that the Securities and Exchange Commission will drop its appeal of a lawsuit brought against it.

After the Federal Reserve moved to slow the pace of quantitative tightening, the Fed chair floated the idea of continuing to allow mortgage-backed securities to roll off its books even after the central bank has met its monetary policy objectives in reducing its balance sheet.

The European Commission is not backing down from efforts to rein in Big Tech. In a series of press releases today, the European Union's executive arm has announced actions against both Apple and Google. Regulators have announced that Apple will be required to open up support for non-Apple accessories on the iPhone, but it may be too late for Google to make changes. The commission s

Bank technology firm Fiserv agreed to buy the Netherlands-based company, which sells multichannel processing systems. Also: the FCA looks to lighten contactless checkout limits; Ripple's Garlinghouse said the SEC has dropped a suit against his firm; and more news in the global payments and fintech roundup.

Jack Tan, co-founder of WOO X, outlined key trends shaping the crypto market in a note to crypto.news.  Tan discussed the booming expansion of real-world assets and recent sell-offs within the Binance Smart Chain ecosystem. Tan pointed to the accelerating adoption…