When the net present value of Stretch (STRC), the dividend-yielding preferred share issued by Strategy (formerly MicroStrategy), is calculated, it makes disappointing reading for MSTR shareholders. Michael Saylor hopes that STRC will somehow fund trillions of dollars worth of bitcoin ($BTC) purchases for shareholders of his common stock. However, while STRC raises capital that will
A survey of more than 1,000 global finance executives has found that digital assets are no longer a speculative interest for the financial industry but an operational imperative, with nearly three quarters of respondents saying institutions that fail to offer digital asset solutions risk losing their competitive position entirely. The survey, conducted by Ripple at
NVIDIA (NVDA) shares fell 1.37% to $177.93 on March 19, dragging semiconductor stocks lower despite Jensen Huang’s bullish GTC keynote just days earlier. The selloff follows Micron Technology’s (MU) after-hours drop and surging oil prices tied to the escalating Iran war, adding fresh headwinds to a chip sector already struggling with “sell the news” fatigue.
Rising rates and deficits could push U.S. debt beyond $50T within years. Persistent PPI growth signals producer costs may fuel prolonged inflation. Hidden liabilities could lift real U.S. debt near 300% of GDP levels. Economist Peter Schiff has raised concerns about the U.S. national debt, which now stands above $39 trillion. He warns that rising
As AI agents become a bigger topic in crypto, Pranav Ramesh told CoinDesk that Nasdaq has already been using them across several sections of its business and has sharply expanded that use over roughly the past 18 months. Ramesh, head of options research at Nasdaq and co-founder and CTO of Leadpoet, said the most meaningful
The European Central Bank (ECB) said it is looking for experts to help draft rules about how a digital euro would work in everyday payments in anticipation of legislation approving a central bank digital currency (CBDC) and a decision by the bank’s governing council to issue one. The ECB opened applications for experts to help
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2029.25, down 1.6% (-33.09) since yesterday’s close. Two of 20 assets are trading higher. Leaders: APT (+0.4%) and BCH (+0.4%). Laggards: NEAR (-3.3%) and HBAR (-2.9%). The CoinDesk 20
The US Federal Reserve (FED), in its March FOMC meeting, kept interest rates unchanged, in line with expectations, at 3.50-3.75 percent. The decision was made with an 11-1 vote, with Stephen Miran opposing it with a proposal for a quarter-point reduction. In his oral statements, FED Chairman Jerome Powell mentioned the possibility of raising interest
If lawmakers ultimately ban stablecoin rewards under the proposed CLARITY Act, Coinbase (COIN) could lose one tool it uses to attract users to hold digital dollars on its platform — though analysts say the impact on the exchange’s business may be limited. As lawmakers debate the future of stablecoin regulation in Washington, one unresolved question