Crypto

The $911 billion Pittsburgh-based asset manager is teaming up with Prometheum to bring blockchain-based share classes of its funds to traditional brokerage accounts. Federated Hermes (FHI), the Pittsburgh-based investment manager overseeing $911 billion in assets, plans to issue its first tokenized fund shares early next year, joining Wall Street's growing push to bring traditional investments onto blockchain rails. The asset manager has partnered with plans to make the upcoming products.

Crypto

Your day-ahead look for Oct. 13, 2026 This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already. While major cryptocurrencies remain choppy, STX, the native token of the Bitcoin layer-2 project Stacks, is rallying. The cryptocurrency has surged nearly 10% in 24 hours, 14% over the past week and more than 50% in four weeks, outperforming bitcoin BTC$83,696.96, ether ETH$2,509.90, XRP (XRP) and other cryptocurrencies.

Crypto

Investors are positioning ahead of today's bank earnings reports and Wednesday’s U.S. inflation data. South Korea’s equity benchmark plunged 5.5% on Tuesday, leaving the index roughly 38% below its June all-time high. Crypto also saw sharp swings, with bitcoin BTC$83,696.96 falling below $81,000 before rebounding above $84,000 and settling just above $83,000. Ether ETH$2,489.37 fell as low as $2,400. The Asian selloff reflected mounting concerns about the AI trade. Broadcom.

Crypto

Sberbank plans to open crypto trading to all clients Dec. 1 and is already testing BTC, ETH and USDT trades in its app. Russia’s largest bank, Sberbank, has received approval to exchange cryptocurrencies, advancing Moscow’s effort to bring crypto trading and custody into its regulated financial system. The Bank of Russia added Sberbank to its register of cryptocurrency exchange providers, according to Interfax. The bank had already joined the digital.

Crypto

Bitcoin bounced back from an early dip as ZEC, HYPE and SOL led altcoin losses. JPMorgan fell after kicking off U.S. earnings season. Bitcoin bounced back from an early dip as ZEC, HYPE and SOL led altcoin losses. JPMorgan fell after kicking off U.S. earnings season. Bitcoin swung through a $3,000 range over the past 24 hours. It fell to about $81,000 in early Asian trading, then ripped back above.

Crypto

South Korea’s chipmakers lead another sharp selloff as concerns over AI spending and Chinese competition grow, while bitcoin holds well above its summer lows. South Korea’s stock market suffered another sharp selloff on Tuesday, with the KOSPI falling 5.5% during Asian trading. The index is now roughly 38% below its June all-time high, extending a reversal that contrasts with bitcoin’s 40% recovery. Bitcoin bottomed near $58,000 shortly after the KOSPI.