Coinbase’s John D’Agostino says crypto platform stands alone as industry’s full-service prime broker

Coinbase (COIN) has quietly crossed a threshold that Wall Street would recognize immediately: it has become, by its own definition, the only full-service prime brokerage in crypto. John D’Agostino, head of strategy at Coinbase Institutional, said the definition of a prime broker still follows a familiar Wall Street checklist: trading, custody, financing, derivatives and cross-margining….

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Cyclone Ditwah: India on high alert; death toll in Sri Lanka crosses 150 — top developments | India News

NEW DELHI: The southern part of India is on high alert after Cyclone Ditwah killed at least 159 in Sri Lanka. The India Meteorological Department (IMD) on Sunday issued a yellow alert for multiple districts in Tamil Nadu and Puducherry, including Chennai, cautioning that light to moderate rain with thunderstorms and lightning may occur.The IMD…

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Standard Chartered sees bitcoin (BTC) sliding to $50,000, ether (ETH) to $1,400 before recovery

Investment bank Standard Chartered lowered its short-term and full-year price forecasts for major cryptocurrencies, citing continued downside risk as exchange-traded fund (ETF) outflows and a challenging macro backdrop pressure the market. The bank now expects bitcoin BTC$66,199.60 to fall to around $50,000 in the coming months, with ether ETH$1,936.34 potentially bottoming near $1,400. The world’s…

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