Jack Mallers, the founder and CEO of the Bitcoin payment app Strike, has dismissed concerns that Wall Street’s growing involvement in the Bitcoin market poses a threat to the cryptocurrency’s foundational principles. In a recent podcast interview, Mallers argued that if Bitcoin could be undermined by institutional participation, it was never truly designed to succeed
Tydro, a lending protocol operating within the Ink ecosystem, has confirmed it will resume market operations on May 10 following a scheduled Chainlink oracle upgrade. The upgrade’s timelock is set to expire at 11:52 p.m. UTC on May 9, with the market expected to be unpaused shortly after, around 12:00 a.m. UTC on May 10.
JPMorgan AI spending has been reclassified from discretionary innovation to core infrastructure, placing it alongside data centers and cybersecurity in the bank’s budget. JPMorgan has reclassified JPMorgan AI investment as core infrastructure, treating its $2bn annual budget as non-negotiable as cybersecurity. The world’s largest bank has moved its AI spending out of the discretionary innovation
Coinbase Global Inc. disclosed on May 7 that it acquired an additional 1,103 Bitcoin during the first quarter of 2025, increasing its corporate treasury holdings to 16,492 $BTC. The update was included in the company’s quarterly earnings report released after the U.S. stock market closed. Steady Accumulation Continues The latest purchase brings Coinbase’s total Bitcoin
Think of it like a water balloon. Squeeze one side, the other side bulges. That, in essence, is what Federal Reserve Vice Chair for Supervision Michelle Bowman told attendees at the Hoover Institution on May 8: a decade of post-crisis banking rules has squeezed corporate lending out of regulated banks and into the hands of
Goldman Sachs has delayed its Federal Reserve rate cut forecast by one quarter. The bank now expects the first cut in December 2026 and the second in March 2027. Energy cost passthrough is keeping core PCE inflation closer to 3% than the Fed’s 2% target, pushing back the timeline for any policy easing. April’s nonfarm
As cryptocurrency markets conclude a volatile week, a notable warning has come from leading analytics firm Santiment. The optimism that has dominated the market following Bitcoin’s vượt qua the $82,000 mark is being interpreted as a “risk signal” in light of the data. Bitcoin surged to $82,800 this week, its best performance in three months.
Intel just had the kind of day most companies dream about. Shares of the chipmaker surged between 10% and 19% on May 8, 2026, after reports surfaced that Intel Foundry had reached a preliminary agreement to manufacture processors for Apple devices. The rally wasn’t contained to a single ticker. Intel’s explosive move helped push both
Tokenized stocks tied to Chinese companies on $BNB Chain have exploded from $316,000 to $9.3 million in market value this year. That’s a roughly 29x increase, and it signals something more interesting than just a number going up. What’s actually driving the surge A big part of the story is xStocks, a platform that launched
The US Treasury is drawing a line in the sand for foreign banks doing business with Iran, and two Chinese financial institutions are already feeling the heat. Treasury Secretary Scott Bessent issued a formal warning on April 15 directed at countries engaging in commerce with Iran, making clear that their financial institutions could face secondary