A new report claims that US retail investors are showing increasing favorability to crypto, with adoption growing by 50% this year. Although it’s the largest market, India had even higher rates of grassroots usage. Stablecoins are also growing to unprecedented levels, allowing users convenient on- and off-ramps between TradFi and Web3. Retail hype for digital
US President Donald Trump made important announcements regarding new tariffs on China. He said that the tariffs on Chinese imports will be “approximately 155%” as of November 1st. Trump said the move was aimed at protecting the US economy, arguing that high tariffs were “unsustainable” for the Chinese economy. The price of Bitcoin, which climbed
Feynman Point Asset Management, a newly independent investment firm focused on digital assets and frontier technologies, has officially announced it is spinning out from Republic, a New York-based investment firm known for its crypto initiatives. With this move, the firm establishes itself as a dedicated $300 million crypto hedge fund, led by Joe Naggar, a
Fed Board Member Chris Waller has proposed a new type of account that would provide direct access to the Fed’s payment system. This model, called the “limited-access master account,” or “skinny master account” for short, will give all legally compliant institutions, including fintech companies, stablecoin issuers, and payment institutions, direct access to the Fed’s payment
Bitcoin and Ethereum rose on Tuesday as gold’s price headed toward its biggest daily drop in over a decade, indicating renewed appetite for risk-taking among investors. Bitcoin was recently trading around $112,000, a 1% increase over the past day, according to CoinGecko. The largest crypto by market capitalization climbed as high as $114,000 earlier in
GLXY’s stock price popped 10% and hit a record high after the company published strong earnings, and optimism around its artificial intelligence business grew. Summary GLXY stock jumped to a record high after publishing strong earnings. Its markets income and assets under management soared. Technical analysis suggests that the Galaxy stock price has more upside.
The Dow Jones Industrial Average rose 190 points as U.S. stocks looked set to inch higher amid robust earnings reports from Coca-Cola and GM. Summary Stocks were largely subdued despite GM, Coca-Cola continuing wave of positive earnings reports. Dow Jones gained 190 points but both S&P 500 and Nasdaq Composite were little changed. Wall Street
Nvidia (NASDAQ: NVDA) is somewhat struggling to maintain a firm footing on Tuesday, October 21. Namely, the chipmaker’s market share in China plummeted to zero last week, as Beijing and Washington squeezed the company from both sides amid the ongoing tariff wars. “We’re 100% out of China. From 95% market share to 0%. Whatever policy
US President Donald Trump announced that he will meet with Chinese President Xi Jinping in South Korea in two weeks. Trump stated that many issues would be discussed during the meeting, saying, “China wants to negotiate with us. We will make a great trade deal.” Trump, in a statement following China’s recent expansion of export