Spot cryptocurrency exchange-traded funds (ETFs) traded in the US showed a different picture in terms of investor activity. According to SoSoValue data, …
Finance
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Finance
Robinhood CEO Vlad Tenev Says Trump Administration Crypto-Friendly, But Regulatory Clarity Needed So That the Floor Doesn’t Shift ‘Every Four Years’
by shayaanby shayaanLegislation Brings Regulatory Stability, Says Tenev During the company’s second-quarter earnings call, Tenev said that while the Trump administration has been “great” …
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Japanese game developer Gumi said it will begin operating a 3 billion yen (about $18.3 million) crypto asset fund on Saturday with …
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Spot decentralized exchange (DEX) trading volume has slumped to one of its weakest levels in nearly two years, a slide that has …
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Finance
Following the Fed’s Interest Rate Decision and Kevin Warsh’s Remarks, Experts Gathered and Shared Their Latest Insights
by shayaanby shayaanThe fact that three members opposed the Fed’s decision to keep interest rates unchanged strengthened expectations that a more independent and divergent …
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Finance
Tether Sheds $5.5 Billion in USDT Supply as Stablecoin Turnover Hits a Record Pace
by shayaanby shayaanStablecoin Issuers Lose $7.7 Billion in June as Transaction Volume Jumps 63% Stablecoin supply is shrinking for the first time in years, …
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Finance
Fed’s Limited Payment Account Offers No Real Alternative to Master Accounts
by shayaanby shayaanAnchorage Digital, a federally chartered crypto bank, has publicly stated that the U.S. Federal Reserve’s recent proposal for a limited-purpose payment account …
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Credit default swap (CDS) demand is surging throughout the AI industry. Five years of default protection on $10 million of Nvidia debt …
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Finance
Fed Chairman Kevin Warsh Speaks Following the Interest Rate Decision – Critical Moments
by shayaanby shayaanFollowing the Federal Reserve’s decision to keep interest rates unchanged, Chairman Kevin Warsh is speaking live on air and answering questions from …
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Finance
Full Details and Statement on the Fed’s Interest Rate Decision Released
by shayaanby shayaanThe Fed, as expected, kept its policy interest rate unchanged at 3.50-3.75 percent. Thus, the Fed did not change interest rates for …