The sport has a growing number of senior participants — and there’s new research that says playing the game is a longevity booster.
BUSINESS
Concerns about a ‘sell America’ trade are overstated, a top IMF official says
Volatility in Treasury bonds and weakness in the dollar do not represent an inflection point in terms of how global investors view U.S. assets, but rather a repricing due to the rising uncertainty about economic policy, the International Monetary Fund’s top financial-market watchdog said Tuesday.
Which Brands Are Most Popular With Consumers And Why
Tech companies led in MarketCast’s latest Brand Fandom report which measures the criteria that stimulates consumers to discover, love and stick with a brand.
Why Chobani’s Billionaire Founder Is Investing $1.2 Billion In A State-Of-The-Art New York Dairy
Hamdi Ulukaya has also committed another $500 million to expanding his operation in facility in Idaho—and says he is just getting started.
Interoperability Project Analog Raises $15M to Unify Liquidity Across Blockchains
Analog, a blockchain project looking to improve unified liquidity across multiple networks, said it raised $15 million through a token sale.
Digital asset financier Bolts Capital completed the token purchase to bring Analog’s total backing to $36 million, according to an emailed announcement shared with CoinDesk on Tuesday.
Analog plans to use the capital to develop interoperability tools like Omnichain Analog Token Standard (OATS), which enables transfer of fungible and non-fungible assets across blockchains chains
Also in the pipeline is Firestarter, a real-world asset (RWA) marketplace to tokenize real estate, collectibles and revenue-producing items.
Tokenization of RWAs represents a use case for blockchain technology of considerable interest for traditional financial (TradFi) institutions.
However, fragmented liquidity across multiple ecosystems is a potential roadblock to further adoption that interoperability projects like Analog are looking to demolish.
Bitcoin Rises to $90K for the First Time Since Early March
Bitcoin (BTC) surged to $90,000 for the first time since March 7, adding more than 5% in the past five days as the paths of the largest cryptocurrency and traditional equities diverge.
In comparison, the S&P 500 was trading above 5,700 points on March 7 and has since slipped below 5,200.
Despite the recent bounce, bitcoin remains down more than 5% year to date. It has, however, recovered significantly from its April 8 low, when it was down nearly 20% on the year and more than 30% below its record of around $109,000 in January. That marked the steepest correction of this cycle and eclipsed the August 2024 drawdown, when it slid to $49,000.
From a market structure perspective, the average perpetual funding rate across exchanges is currently negative.
Perpetual funding rates reflect the cost of holding long or short positions in futures markets. When the rate is negative, it means short sellers are paying long holders to maintain their positions, a setup that can accelerate price moves higher because shorts are forced to cover their positions in what’s known as a short squeeze.
Adding to the bullish momentum, Monday marked the largest single-day inflow into U.S. spot bitcoin ETFs since Jan. 30, totaling over $380 million. With the Nasdaq up more than 1% on what some observers are terming “Turnaround Tuesday,” bitcoin may gain further upside, though key technical resistance levels still lie ahead.
Disclaimer: This article, or parts of it, was generated with assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
UPDATE (April 22, 13:55 UTC): Adds price movement history in third paragraph, market structure starting in fourth.
Get a $20 Digital Shop Card With a New $65 Costco Gold Star Membership
A Costco membership is always a great value, but it’s unbeatable when free shopping is included.
Relyance AI builds ‘x-ray vision’ for company data: Cuts AI compliance time by 80% while solving trust crisis
Relyance AI’s new Data Journeys platform gives enterprises unprecedented visibility into data flows, reducing AI compliance time by 80% while helping organizations build trustworthy artificial intelligence systems in an increasingly regulated landscape.Read More
Blue Ocean Games announces $30M fund to invest in indie games via game challenge
Blue Ocean Games has launched a $30 million fund to invest in the next generation of indie game developers.Read More
GE to keep pushing for zero tariffs, as U.S. aerospace was winning without them
Shares of GE Aerospace climbed Monday, after the jet-engine maker held firm with its full-year earnings outlook, even when including an estimated $500 million impact from tariffs.