Qazaqstan Investment Corporation, IT Park Ventures, Mirae Asset Venture Investment and SparkLabs Group have signed a term sheet to establish a new …
Finance
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Crypto ETF Buyers Reverse Midweek Selloff The closing bell told a very different story from the middle of the week. Bitcoin ETFs …
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Last week, the Fed, as expected, raised interest rates by 25 basis points. This was the first rate hike since 2023, and …
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Finance
Treasury Secretary Scott Bessent champions dollar dominance across global markets and stablecoins
by shayaanby shayaanTreasury Secretary Scott Bessent leant on stablecoin adoption and dollar-denominated trade metrics to defend the strength of the U.S. economy, seeking to …
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The S&P 500 Index rose to 7,650 points on Monday as top technology stocks continued rising. It has jumped by 1.95% from …
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Finance
South Korea’s Eugene Investment tests stablecoins for securities settlement
by shayaanby shayaanEugene Investment & Securities has signed an agreement with blockchain company BEATOZ to test stablecoin settlement for tokenized securities subscriptions, targeting an …
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The Bank of Korea has launched its first 24-hour won settlement network pilot, allowing foreign investors to settle Korean currency transactions outside …
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The Bank of Russia has proposed capping banks’ total risk from cryptocurrencies and foreign digital instruments at 1% of their capital as …
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Finance
Anthropic’s potential $2 trillion IPO is fueling an $80 million crypto trade
by shayaanby shayaanAnthropic’s prospective $2 trillion IPO has already spawned nearly $80 million in crypto derivatives bets before its public debut. Open interest in …
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Machi’s recent move to increase his long positions in Ethereum and Bitcoin to a total of $131 million has caught the attention …