Ondo Finance weighs acquisition worth up to $500 million
Tokenized asset specialist Ondo Finance is evaluating a potential acquisition of between $250 million and $500 million, according to a…
Category: Financial
Watch Out for Tomorrow: The Bank of Japan Is Set to Announce Its Interest Rate Decision—What Will Be the Impact on Bitcoin?
A day before the Bank of Japan (BoJ) announces its interest rate decision, the Japanese yen gained nearly 3% against…
Global banks test tokenized money for cross-border payments in $1 million BIS pilot
Some of the world’s biggest banks have completed real cross-border payments using tokenized money in a test led by the…
PCE Data—the Fed’s Top Focus—Came In Positive: Analysts Weigh In
In the U.S., the personal consumption expenditures (PCE) price index showed a limited decline in June, but inflation remained above…
Former FTX member Leopold Aschenbrenner’s $20B AI fund blows up
Leopold Aschenbrenner, the founder of hedge fund Situational Awareness, has seen his leveraged positions liquidated following a swift downturn in…
What Can We Expect for the Bitcoin Price Following the Fed’s Decision and the Inflation Data?
Renowned cryptocurrency analyst Benjamin Cowen assessed the latest inflation data from the US and its potential macroeconomic impact on Bitcoin…
Cathie Wood’s Ark Invest Sells Bitmine While Adding to Coinbase and Circle Holdings
In brief Ark Invest sold about $4.4 million worth of Bitmine, Robinhood, Block, and Bullish shares. The firm recently purchased…
JPMorgan, Citi, UBS and central banks complete Project Agorá tokenized payment trials
JPMorgan, Citi, UBS and 25 other public and private institutions completed Project Agorá’s tokenized payment trials, processing approximately CHF 800,000…
Bitcoin Mining and AI Infra Stocks Rocket as Shorts Get Burned
Compute Infra Providers See Shares Soar Keel Infrastructure Corp., formerly known as Bitfarms, led the group with a 29.13% gain,…
Coinbase sinks 5% after missing second quarter revenue estimates
Coinbase (COIN) shares fell roughly 5%in after-hours trading Thursday after the crypto platform reported second-quarter results reflecting another weak period…