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Lockheed Martin’s quarterly profit rises on resilient defense demand

Lockheed Martin reported a higher first-quarter profit on Tuesday and reaffirmed its forecasts for the year on the back of resilient demand. ​Read More

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Crypto

Gold is money, says Peter Schiff as price hits $3,500 ATH

Amid gold reaching new highs above $3,500, Peter Schiff — a prominent gold advocate and Bitcoin critic — argued that the precious metal is money, fueling backlash from the crypto community. “Gold is not just any commodity, it’s money,” Schiff wrote in an X post on April 22 after gold prices briefly broke above $3,500.

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Crypto

Coinbase considering applying for US bank license

US-based publicly traded crypto exchange Coinbase confirmed that it is considering applying for a US federal bank charter. In a statement sent to Cointelegraph, Coinbase said it is considering pursuing a US federal bank charter, a company spokesperson said. “This is something Coinbase is actively considering but has not made any formal decisions yet,” the

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Crypto

Bitcoin acting "less Nasdaq" and more like gold, despite 60% recession odds

Bitcoin is decoupling from the US stock market and starting to trade more like precious metals, in another signal of Bitcoin’s growing role as a safe-haven asset against global economic disruption. Bitcoin’s (BTC) price is showcasing its growing maturity as a global asset, becoming “less Nasdaq — more gold” over the past two weeks, according

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Crypto

Polygon NFTs overtake Ethereum collectibles in 7-day sales

Polygon-based non-fungible tokens (NFTs) took the top spot in digital collectible sales after surging 20% in the last seven days.  On April 22, NFT data tracker CryptoSlam showed that Polygon NFTs overtook Ethereum, reaching a $22.3 million volume in the past week. This represented 24% of last week’s overall NFT sales volume, which reached $92.9

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Crypto

ECB flags risk of financial contagion from US Crypto push

The European Central Bank (ECB) has raised alarm over the potential fallout from the United States’ aggressive support for the crypto industry, warning that a surge in dollar-backed stablecoins could destabilize Europe’s financial system. According to a policy paper seen by POLITICO, the ECB has asked for a revision of the Markets in Crypto-Assets Regulation

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Crypto

KuCoin’s settlement with CFTC in flux after Trump policy shift

A planned settlement between the US Commodity Futures Trading Commission and crypto exchange KuCoin will likely be delayed after a policy shift at the CFTC to deprioritize cases against crypto companies under the Trump administration. CFTC attorney John Murphy submitted a letter on April 21 to District Judge Valerie Caproni, asking for more time to

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Crypto

US Bitcoin ETFs clock biggest inflows since January as crypto markets gain

US-based Bitcoin exchange-traded funds (ETFs) had their largest day of net inflows since late January, as crypto markets remained buoyant over the Easter weekend. The 11 Bitcoin (BTC)-tracking funds saw a joint net inflow of $381.3 million on April 21, largely carried by a $116.1 million inflow into the ARK 21Shares Bitcoin ETF (ARKB), according

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Crypto

US judge transfers Binance lawsuit to Florida, citing first-to-file rule

A US judge has granted Binance’s motion to transfer a case involving allegations it facilitated money laundering to the Southern District of Florida due to a similar case that had already been before the courts there. The case, filed in August 2024 in Washington, focused on the same core issue as a suit filed in

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Crypto

Bitcoin risks '10-15%' BTC price dip after key rejection near $89K

Bitcoin (BTC) traders see a BTC price reversal already beginning as classic resistance stops bulls in their tracks. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView 200-day moving average keeps BTC price pinned Data from Cointelegraph Markets Pro and TradingView shows BTC/USD cooling after hitting new April highs of $88,874. Having found strength at the start of the

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