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Wall Street’s Guggenheim Treasury tokenizes $20M paper on Ethereum
26.9.2024
According to Guggenheim Treasury Services, the product is the first digital version of commercial paper on the Ethereum network.
Wall Street Titan Guggenheim Tokenizes $20M of Commercial Paper on Ethereum
26.9.2024
Guggenheim Treasury Services, a subsidiary of financial services giant Guggenheim Partners, has issued $20 million of tokenized commercial paper on the Ethereum blockchain, its partner, blockchain platform Zeconomy, announced Thursday
Kamala Harris Pledges to Support Digital Assets — ‘We Will Cut Needless Bureaucracy’
23.9.2024
Vice President Kamala Harris has pledged to support innovative technologies like artificial intelligence and digital assets while ensuring consumer and investor protection. Her remarks, highlighting AI and cryptocurrency as key aspects of her economic vision, marked her first direct statement...
JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move
21.9.2024
JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes further reductions are likely if the job market weakens. While some other Wall Street firms...
Crypto Biz: Circle prepares to debut on Wall Street
20.9.2024
Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025
Crypto Biz: Circle prepares to debut on Wall Street
20.9.2024
Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025
Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble
17.9.2024
Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While BTC posted a 5% gain, stock markets exhibited mixed signals, hovering near previous highs, and gold dipped more than half...
Former Commerce Secretary Warns US Headed for Recession
16.9.2024
Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus. While Wall Street maintains a more optimistic outlook, citing strong GDP and low unemployment, Ross argues that the economy was artificially inflated by the...
Ethereum needs ‘refined messaging’ to entice Wall St — Attestant execs
12.9.2024
Ethereum will become an attractive investment to institutions, but needs better marketing and given time to develop, says Attestant adviser Tim Lowe
Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide
6.9.2024
Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only adds to growing recession concerns, layering on top of several earlier signs hinting at an economic slowdown....
AI crypto tokens wobble as Nvidia posts good but not good enough earnings
29.8.2024
AI-related tokens slumped as Nvidia’s Q2 earnings beat Wall Street estimates but failed to impress investors
Bitcoin price taps $62K sell wall as analyst sees 'up only' for crypto
23.8.2024
Bitcoin bulls charge into key BTC price resistance as the US Federal Reserve gives a clear signal over interest rate cuts
Bitcoin price taps $62K sell wall as analyst sees ’up only’ for crypto
23.8.2024
Bitcoin bulls charge into key BTC price resistance as the US Federal Reserve gives a clear signal regarding interest rate cuts
Bitcoin 'ripe for short squeeze' as bulls pressure $62K BTC price wall
22.8.2024
Bitcoin bulls draw key battle lines as market metrics hint at a potential breakout from the short-term BTC price trading range
Solana price hits a wall at $150 as several headwinds intensify
20.8.2024
SOL price struggles to gain upward traction as DApp volumes plunge, spot ETF odds dwindle, and memecoins fail to rally
Financial Analysts Estimate Gold Might Reach $3,000 Propped up by Rate Cuts
20.8.2024
Several financial analysts predict that gold prices will continue to gain ground, supported by forecasts that the Federal Reserve will cut interest rates later this year. According to Patrick Yip of American Precious Metals, the $3,000 mark could be reached as soon as next year if geopolitical...
These Celebrity Pets Are Technically Richer Than You (And Us)
17.8.2024
When hotelier Leona Helmsley left her dog Trouble $12 million, in 2007 – while leaving two of her grandchildren with nothing – the newly wealthy Maltese terrier became the subject of international headlines as well as some anger.Read more
Wall Street sounds AI bubble alarm — Will crypto AI projects survive?
15.8.2024
After Black Monday, the stock market fears recession and Wall Street predicts an AI bubble burst, with Nvidia and tech stocks under pressure. Will crypto AI projects survive?
Wall Street Agrees Crypto Is 'Clearly' A Huge Election Issue, But Still Divided on Who Is Best for Industry
15.8.2024
The digital assets industry is now a full-blown political issue, and Wall Street firms with crypto exposure are staying cautious ahead of November's U.S. election. Whether the next election will result in Donald Trump or Kamala Harris occupying the Oval Office for the next four years, one thing...
Blockchain and Nation-State Infrastructure: Why Bother?
4.8.2024
We listen to talk after talk about crypto finally achieving asset-class legitimacy, but truly speaking, the encroachment of Wall Street giants into the blockchain space is a double-edged sword. The following is an opinion editorial written by Karel Kubat, Founder of Union Labs. As blockchain...