Tether, Galaxy, Ledn Dominate CeFi Crypto Lending as DeFi Borrowing Soars, Research Shows
Total crypto lending is still down 43% from its 2021 peak, but decentralized platforms have seen a significant growth, Galaxy reported.
Bitcoin Could be Setting Up to Beat Gold's Rally, Technical Analysis Suggests
Monero has shown a long-term bullish shift with a golden crossover, breaking out of a consolidation pattern.
Citigroup profit beats estimates as stock trading jumps 23%
Citigroup beat Wall Street estimates for first-quarter profit on Tuesday as its traders reaped a windfall from volatile markets that fueled client activity. The third-largest U.S. lender's earnings echoed those of Wall Street rivals, including JPMorgan Chase, Bank of America, and Morgan Stanley, whose results were also lifted by stronger equities trading. While industry profits rose, executives warned that U.S. tariff policies cast a shadow over the economic outlook.
Crypto Exchange Kraken Now Offers Stock and ETF Trading
- Crypto exchange Kraken has added 11,000+ U.S. stocks and ETFs to its platform. - The initial rollout covers select states with plans for national expansion. - The move positions Kraken to compete with traditional brokerages.
Crypto Daybook Americas: Bitcoin Dominance Nears 4-Year High as BTC Defies Global Jitters
Your day-ahead look for April 15, 2025
Peter Schiff and senior industry veterans breakdown tariff chaos, market crisis, Bitcoin impact
Top industry execs warn tariffs could wreck holiday season as supply chains freeze and retail braces for empty shelves.
Google's latest ad regulations for crypto to take effect from April 23
Google will require European crypto ads to follow MiCA rules, raising compliance hurdles for smaller exchanges.
BofA stock surges after boosting profit on trading gains, interest income
(Reuters) -Bank of America topped estimates on Tuesday for first-quarter profit as interest income grew and volatile markets helped its stock traders rake in a record haul, lifting its shares more than 4%. "There is a lot to potentially change given the uncertainty around the tariffs and the policies on the future path of the economy," CEO Brian Moynihan told analysts on a call. Equities trading jumped 17% to a record $2.2 billion, while fixed income, currencies and commodities trading revenue jumped 5% to $3.5 billion, propelling its markets revenue to the highest in more than a decade.
Morning Bid: Fed gives market a breather
The combination of an electronics tariff reprieve and dovish noises from the Federal Reserve have created a semblance of calm in financial markets, though the lingering trade war uncertainty means the respite probably won't last long. * The Trump administration is proceeding with probes into imports of pharmaceuticals and semiconductors as part of a bid to impose tariffs on both sectors on national security grounds, Federal Register filings on Monday showed. * The dollar held steady on Tuesday, trading near a three-year low against the euro and a six-month trough against the yen, as investors trying to make sense of the constant changes to President Donald Trump's tariffs remained wary of U.S. assets.