Category: Financial
JPMorgan bullish on crypto for rest of year as institutional flows set to drive recovery
Wall Street bank JPMorgan is striking a constructive tone on crypto despite the plunge so far this year, arguing that…
Alibaba Explores Solana Network Capabilities With High-Performance RPC Showcase
Alibaba Cloud has launched new infrastructure that speeds up Solana RPC nodes, slashing latency for high-frequency traders. The setup uses…
Malaysia’s central bank announces stablecoin and tokenization sandbox
Bank Negara Malaysia (BNM), the country’s central bank, said on Wednesday that its Digital Asset Innovation Hub (DAIH) is piloting…
Africa records highest stablecoin conversion spreads, data shows
Africa recorded the highest median stablecoin-to-fiat conversion spreads among tracked regions in January, according to data observed by payments infrastructure…
US nonfarm payrolls double forecast with 130K jobs added
US employers added 130,000 jobs in January, nearly doubling the 65,000 consensus forecast and signaling unexpected resilience in the labor…
Ripple partners with major asset manager Aviva Investors to tokenize traditional funds on XRP Ledger
Ripple, the blockchain firm behind the $XRP Ledger, is teaming up with Aviva Investors to bring traditional investment funds onchain…
Record Dow? Not Today—Midday Reversal Hits US Equities
U.S. stocks opened with a burst of optimism Wednesday, but by mid-afternoon that enthusiasm had faded as stronger-than-expected jobs data…
Stablecoin showdown intensifies as banks fear deposit drain
Washington’s stablecoin stalemate is hardening into a fight that banks recognize immediately as a deposit issue. The dispute is no…