Kevin Warsh’s Fed debut jolts crypto as rate-cut hopes fade
New Federal Reserve Chair Kevin Warsh ended his first FOMC meeting without changing interest rates. The FOMC statement said officials…
Category: Financial
Will the AI Bubble Burst and Drag Down the S&P 500?
Artificial intelligence has become one of the biggest forces driving stocks higher. The S&P 500 continues to hit record highs,…
Coinbase Ventures Backs RWA Tokenization Protocol Multipli in Undisclosed Deal
Real-world asset (RWA) tokenization protocol Multipli has secured an investment from Coinbase Ventures’ Base Ecosystem Fund, the company announced on…
Bitcoin’s nemesis, the Dollar Index, is on the verge of a major breakout
Bitcoin $BTC$63,888.86 and the Dollar Index (DXY) are moving in opposite directions, with the latter on the verge of a…
The great rotation: Investors desert the Magnificent 7, crypto for AI bottlenecks
The Magnificent 7’s AI-driven growth story is facing a reality check. The best-performing stocks of the past decade are coming…
Hive shares jumps 10% on $220m Canada sovereign AI infrastructure deal
HIVE Digital Technologies (HIVE) shares jumped 10% in pre-market trading on Thursday after the company announced a $220 million, three-year…
CoinDesk 20 performance update: Stellar (XLM) jumps 10% while index declines
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The…
Wall Street Giants Citi and JPMorgan Reveal Their Latest FED Predictions: One Says There Will Be a Rate Cut, the Other Says There Won’t…
As is known, the FED did not change interest rates at its first Federal Open Market Committee (FOMC) meeting under…
Japan’s SBI Remit, Fasset partner to build stablecoin remittance network
SBI Remit (SBIR), Japan’s leading international money transfer provider under SBI Group, has partnered with Fasset, the global stablecoin-powered neobank…
Everyday Savers Bet Big on Bitcoin Giant Strategy’s STRC—Now It’s Falling
In brief Everyday investors that have allocated savings to Strategy’s STRC have been drawn to double-digit yields, but the preferred…