Blockdaemon Acquires DeFi Connectivity Firm Expand to Bring Institutions to Web3
expand.network provides API access to DeFi, enabling connections to over 170 endpoints, including DEXs, bridges, lending protocols and oracles.
Cereal Giant General Mills Stock Drops on Downbeat Outlook
General Mills shares are falling in premarket trading Wednesday after the cereal giant issued a downbeat outlook and posted quarterly sales that undershot forecasts.
Oil Titans Meet With Trump as US Unwinds Environmental Rules
(Bloomberg) -- The chief executives of more than a dozen oil companies will deliver a message of gratitude — as well as caution — when they meet with President Donald Trump on Wednesday. Most Read from BloombergNYC Plans for Flood Protection Without Federal FundsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleA Malibu Model for Residents on the Fire FrontlinesThe Scary Thing About the Wildfire That Was StoppedIndustry leaders say they have plenty of reasons to give thanks. Trump
Czech central banker Kubicek 'sceptical' of bitcoin as reserve asset
Czech National Bank board member Jan Kubicek is "sceptical" about the inclusion of bitcoin among the bank's hefty reserves, wary of legal uncertainties and concerns around volatility of the digital currency. CNB Governor Ales Michl put bitcoin up for consideration earlier this year, and the bank has begun an analysis looking into broadening the asset classes it holds in its reserves portfolio. Volatility was another worry and assessing market price developments was difficult, he said.
Ether Jumps 7% as Bitcoin Traders Watch $80K Support Ahead of FOMC
Meanwhile, gold broke above $3,000 to new highs earlier Wednesday, leading to some eyeing an inverse correlation of the yellow metal with bitcoin.
Crypto Wallet Provider Utila Raises $18M as Institutional Demand for Digital Asset Management Soars
The crypto infrastructure provider has processed $8 billion in transactions in a month, CEO Bentzi Rabi told CoinDesk in an interview.
Tuesdays are bad for Bitcoin in 2025, data reveals
Bitcoin’s most volatile day in 2025 is Tuesday, with realized volatility averaging 82, as the market sees sharp price swings and trend shifts.
Ollie's (NASDAQ:OLLI) Reports Sales Below Analyst Estimates In Q4 Earnings
Discount retail company Ollie’s Bargain Outlet (NASDAQ:OLLI) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 2.8% year on year to $667.1 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $2.58 billion at the midpoint. Its non-GAAP profit of $1.19 per share was in line with analysts’ consensus estimates.