By Omkar Godbole (All times ET unless indicated otherwise) A day after the U.S. CPI report, market sentiment remains bullish with traders expecting the Fed to cut interest rates three times this year, starting next week. Crypto pundits expect bitcoin (BTC) to reach a new lifetime high. Don't forget, it's less than a month since it hit a record around $124,500. However, the real excitement centers on altcoins such as XRP and SOL which are likely to outperform the market leaders, BTC and ether (ETH). "The ...

Nasdaq-listed Forward Industries (FORD) said Thursday it has closed the $1.65 billion private investment in public equity (PIPE) deal to build out corporate crypto treasury centered on Solana (SOL). The cash and stablecoin commitments, led by Galaxy Digital, Jump Crypto and Multicoin Capital, will fund the company’s plan to anchor its balance sheet in Solana’s native token, SOL. The three lead investors contributed more than $300 million, joined by firms including Bitwise Asset Management, Borderless Cap ...

Ripple is deepening its ties with BBVA, announcing on Tuesday an agreement to provide its institutional-grade digital asset custody technology to support the Spanish bank’s expanding crypto operations. Key Takeaways: BBVA will use Ripple’s custody tech to manage BTC and ETH for retail clients in Spain. The partnership builds on earlier collaborations in Switzerland and Turkey. Ripple’s expansion reflects a broader post-MiCA push by European banks into crypto. The new deal will see BBVA use Ripple ...

Governance token of decentralized finance protocol Ethena (ENA) surged on Tuesday to its strongest since late January as the protocol has made a big step towards activate a fee switch that would share protocol revenues to token holders. The token hit 87 cents in the early hours, advancing 8.3% over the past 24 hours, CoinDesk data shows. It's up over 20% in a week. The latest surge occurred as Binance, the largest crypto exchange by volume, said on early Tuesday it will introduce trading with USDe, Ethen ...

Most cryptocurrencies are in the green, with tokens like Ethena's ENA and dogecoin (DOGE) looking to better their already impressive double-digit 24-hour price gains. The CoinDesk 20 Index (CD20), a measure of the broad market, is 2% higher with 16 members advancing. Still, Alex Kuptsikevich, the chief market analyst at the FxPro, remains cautious. "The crypto market capitalisation remains below its 50-day moving average, indicating the prevalence of bears in the market. This is a very worrying indicato ...