Digital credit market hit by huge selloff as Strive CEO blames leverage liquidations
The digital credit market suffered one of its sharpest selloffs to date on Thursday, with Strive Asset Management CEO Matt…
Category: Financial
Fidelity Enters the $320B Stablecoin Reserve Race With New Fund
The race to manage stablecoin reserves is attracting another major Wall Street name, and this time it’s Fidelity. The financial…
Franklin Templeton Files for ETFs That Funnel Stock Dividends Into Bitcoin
In brief Franklin Templeton filed with the SEC on Thursday for two ETFs that would hold baskets of U.S. stocks…
Peter Schiff Blasts MSTR Meltdown
Prominent financial commentator and Euro Pacific Capital Chief Economist Peter Schiff has launched a scathing attack on Strategy (MSTR), its…
US Spot Bitcoin and Ethereum ETFs Continue to Exit! Here’s the Latest Data
Spot Bitcoin and spot Ethereum exchange-traded funds (ETFs) traded in the US were affected by investor outflows on June 18.…
Goldman Sachs cuts year-end gold target by $500, doubting rate cuts
Goldman Sachs lowered its year-end gold forecast by $500 an ounce, citing expectations that the US Federal Reserve won’t cut…
AllUnity debuts SEKAU, a fully reserved Swedish krona stablecoin
Digital asset company AllUnity is launching SEKAU, a Swedish krona-backed stablecoin issued under the European Union’s Markets in Crypto-Assets Regulation…
Kalshi IPO discussions emerge as monthly volume supasses $16 billion
Kalshi has exceeded a $2 billion annualized revenue run rate as the prediction market operator has begun early discussions with…
SK Hynix Market Cap Tops $1.32 Trillion, Leaves Bitcoin Behind
South Korean memory chip maker SK Hynix has pulled off something only one other domestic company has ever managed. Its…