News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Share link:In this post: Target put out a profit warning for the first quarter, saying that Trump’s tariffs will hurt its business. Target said that due to uncertainty, the company expects to see meaningful year-over-year profit pressure in its first quarter relative to the remainder of the year. Target’s stock is down 21% in the last year and 9% so far this year.
Quick Take The price of AXL rose over 14% in a matter of minutes after news broke that Canary Capital had filed an S-1 registration with the SEC on Wednesday for an Axelar ETF.
Quick Take The bankrupt crypto exchange transferred 11,834 BTC to an unmarked address on Wednesday, marking the first larger transaction since late January. Arkham Intelligence data shows that it also sent 166.5 BTC to its cold wallet around the same time today.
Quick Take Aave DAO is considering launching a “savings” version of its GHO stablecoin, similar to Sky’s sUSDS token. The move comes amid a series of proposals seemingly aimed at driving GHO adoption.
- 09:13Crypto Asset Management Firm CoinShares Obtains EU-Wide MiCA LicenseAccording to Jinse Finance, crypto asset management firm CoinShares has been granted a MiCA license by the French Financial Markets Authority (AMF), making it the first European asset management company authorized to offer crypto portfolio management services across the European Union. This license, combined with its existing MiFID and AIFM qualifications, makes CoinShares the only major European crypto asset manager to simultaneously hold all three major compliance licenses. CoinShares stated that this move will help expand its business across all 27 EU countries and facilitate the transition of the traditional asset management industry toward crypto products.
- 09:06An address transferred 16.81 million XRP worth $58.37 million to an exchangeAccording to a report by Jinse Finance, WhaleAlert monitoring shows that a certain address has transferred 16,812,113 XRP, valued at approximately $58,365,018, to a certain exchange.
- 08:38PENGU surpasses BONK in market capitalization, becoming the largest Solana ecosystem meme coin by market valueOdaily Planet Daily reported, according to CoinGecko data, PENGU has surged over 19.5% in the past 24 hours, reaching a market capitalization of $2.785 billion, surpassing BONK ($2.701 billion) to become the largest meme coin by market cap in the Solana ecosystem.