US stocks edged higher on Monday, with the Dow Jones Industrial Average gaining 250 points in early trading as Wall Street cheered a potential US-China trade deal. Summary Dow Jones gained more than 250 points as stocks opened higher. US-China trade deal anticipation is driving optimism across Wall Street. This week will also welcome earnings
In 2018, IBM Blockchain World Wire was a real-time global payments network built on the Stellar blockchain. Stellar’s architecture was well-suited for payments, offering anchors, rapid consensus, and minimal fees, all aligning perfectly with IBM’s objectives. IBM first announced a collaboration with Stellar in 2017 and later built IBM Blockchain World Wire, a real-time cross-border
Bitcoin’s march into mainstream finance just hit a landmark moment as a major credit agency officially rated a bitcoin treasury firm, signaling a seismic shift in how traditional markets recognize digital assets as strategic reserves. S&P’s Historic Rating Signals Institutional Legitimacy For Bitcoin Treasuries Growing institutional confidence in bitcoin as a strategic reserve asset has
Analysts at investment bank Compass Point believe that Robinhood’s stock will continue to climb, pointing to prediction market growth and revenue from crypto trading fees and staking rewards. Professional sports are emerging as a notable tailwind for Robinhood. When the retail brokerage reports third-quarter earnings next month, Robinhood will likely say that revenue generated from
TZero Group, a New York–based blockchain infrastructure company specializing in tokenized securities and real-world assets, has announced plans to go public in 2026. The company on Monday disclosed plans for an initial public offering (IPO) in the United States. Founded in 2014, tZero helps companies raise capital and trade securities on blockchain-based platforms under US
Ink, a Layer 2 (L2) blockchain launched by U.S. crypto exchange Kraken in December 2024, saw its total value locked (TVL) surge by nearly 3,800% in less than two weeks, climbing from $6.42 million on Oct. 15 to nearly $249 million as of press time. Ink TVL. Source: DefiLlama However, data from DefiLlama shows that
Pharos, a programmable open financial Layer 1, has officially integrated the Chainlink standard from the first day of its mainnet launch. The project selected Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its canonical cross-chain infrastructure, ensuring secure and reliable cross-chain value transfer and messaging. Pharos has also adopted Chainlink Data Streams to support the development of
Digital asset investment products saw inflows of $921 million last week, according to CoinShares, as optimism about U.S. interest rate cuts revived investor appetite for crypto-linked funds. The inflows followed several volatile weeks marked by uncertainty around U.S. fiscal policy and limited macroeconomic data during the ongoing government shutdown. Digital asset investment products saw inflows
American Bitcoin (ABTC), the publicly traded Bitcoin treasury and mining company backed by Eric Trump and Donald Trump Jr., has added 1,414 Bitcoin currently worth $163 million to its holdings, according to an announcement on Monday. Miami, Florida-based American Bitcoin, a subsidiary of Hut 8 Corp. that debuted in April, now has 3,865 Bitcoin worth
Finbold turned to artificial intelligence (AI) to project an average Bitcoin (BTC) price target for the end of 2025 following the news that Mt. Gox, a defunct cryptocurrency exchange, would postpone repayments to its creditors by another year. Entities associated with Mt. Gox still control around 34,689 BTC, valued at around $3.98 billion as of