Credit Agricole’s Asset Servicing Unit Backs Tokenized SME Exchange in Europe

CACEIS, the asset servicing arm of Credit Agricole, has acquired a minority stake in French fintech Kriptown to support the launch of Lise, a blockchain-based exchange aimed at SMEs and mid-cap companies. Lise, short for Lightning Stock Exchange, is set to be Europe’s first tokenized exchange focused on streamlining equity financing and public listings for … Read more

Coinbase Slides Nearly 20% in Worst Weekly Performance Since September 2024

Shares in Nasdaq-listed cryptocurrency exchange Coinbase (COIN) tanked 19.6% to $314.69 last week, registering its worst performance since September 2024, according to data source TradingView. On Thursday, COIN published its second-quarter earnings report, revealing a net operating earnings per share of 12 cents, with an 88.8% year-over-year decrease in the bottom line. The $1.5 billion … Read more

Cardano Community Approves $70M Core Dev Budget, Boosting ADA Prospects

Cardano’s core development team, Input Output Global (IOG), secured approval for a $71 million treasury allocation to fund 12 months of network upgrades following a drawn-out governance vote that drew concerns around transparency, accountability and cost. The proposal passed with 74% in favor and authorizes the disbursement of 96 million ADA, or roughly 13% of … Read more

Bitcoin Still on Track for $140K This Year, But 2026 Will be Painful: Elliott Wave Expert

Don’t call the top yet, market analyst specializing in the Elliott wave theory, told CoinDesk. He added that bitcoin (BTC) will rally to around $140,000 this year before slipping into a bear market in 2026. The leading cryptocurrency by market value, has dropped 4% over the past week, with prices hitting lows under $112,000 over … Read more