Jim Cramer says investors should pay more attention to the 30-year U.S. Treasury than individual company fundamentals as long-term borrowing costs climb to levels high enough to compete directly with stocks. During his Sept. 10 Mad Money monologue, Cramer said the long bond is now “in charge of everything,” pointing to a yield near 5.3%
Bitcoin BTC$77,374.08 treasury firm Metaplanet (3350) cut the size of its management equity reward pool by 41% following protests from shareholders. The Tokyo-based company reduced the total pool of potential shares in the Series 10 Stock Acquisition Rights plan by 41% to 188.2 million, according to filings published on Friday. The move follows an adjustment
Draw the plumbing and something odd falls out. PayPal, M0 and MoonPay went live on September 9 with PYUSDx, a platform that lets any business issue its own branded stablecoin without touching reserves, custody or redemption infrastructure. Three issuers launched with it. More than $100 million already processed between them. The pitch from all three
The Central Bank of the UAE (CBUAE) and Vermeg, a financial technology infrastructure provider, have chosen Delta Capita’s MACH distributed ledger technology (DLT) to support its integrated digital asset securities depository (DASD). Delta Capita’s MACH distributed ledger solution allows financial institutions to unlock valuable opportunities for efficiencies, cost savings, improved regulatory compliance and enhanced security.
A 3% return on Bitcoin can look like a single number on an allocation sheet, even when the economic bargain underneath it is completely different. Stacks said its first institutional Bitcoin Staking bond went live on Sept. 10 with roughly 250 $BTC committed by 21Shares, digital-asset manager HashKey Cloud, Bitcoin-focused investor UTXO Management and Sypher
Bitcoin price extended its pullback toward $77,000 as rising oil prices, stubborn US inflation and higher Treasury yields reduced demand for risk assets. Technical charts now place $BTC near a major weekly support level, while short-term momentum remains bearish. Bitcoin price action today According to data from crypto.news, Bitcoin ($BTC) price traded near $76,800 at
Fred Ehrsam, who was a co-founder of Coinbase and is still a member of the board of Coinbase, has spent long months of his life living in one of the hotels of Caracas while dealing with the oil business in Venezuela. Ehrsam’s investment vehicle, called Primavera, has recently signed a production-sharing contract with PDVSA, which
us Sawyer told employees on Thursday that the pending acquisition of Zodia’s custody business by Standard Chartered and the establishment of Zodia Solutions created a natural point to hand over day-to-day leadership. “I believe this is the right point for me to hand over day-to-day leadership while remaining closely involved,” Sawyer said in the Sept.
In a recent interview with DEEPPOINT, Rikiya Yanagisawa, head of BitGo’s Japan operations, discussed the vital role custodians play in the stablecoin ecosystem. He outlined the necessary conditions for stablecoin adoption and the future of digital assets that can be utilized without users needing to manage private keys. This insight underscores the importance of custodial
Blockchain and financial technology company Ripple announced that it has significantly expanded the scope of GSmart, the AI capabilities within its enterprise treasury management platform, Ripple Treasury. According to the official statement from Ripple, GSmart was developed to enable finance teams to receive AI-powered decision support in cash flow forecasting, liquidity management, risk analysis, reconciliation,