US President Donald Trump made striking statements regarding the war with Iran. Speaking to NBC News, Trump said he had heard that Iran was ready for ceasefire negotiations, but that under the current conditions, they were not ready to make a deal. Trump stated that he was not currently keen on a potential deal with
Wall Street is racing toward tokenized equities and 24/7 trading, but many institutional investors are wary of the instant settlement model. Tokenization refers to representing traditional assets such as stocks on blockchain networks. In theory, the approach could modernize market infrastructure that dates back decades, allowing securities to move and settle instantly while potentially enabling
According to a Bloomberg survey, economists expect the Fed to cut interest rates twice this year. Economists surveyed also expressed some concerns about Kevin Warsh, Donald Trump’s nominee for Fed chairman. A survey of 46 economists revealed that expectations for the Fed’s next interest rate cut have shifted from March to June. Despite this, most
To get an idea of how big a deal AI-based commerce could be for crypto, ask entrepreneurs and developers involved in digital assets, particularly stablecoins. They’ll happily tell you blockchain-based money is the natural fit, an essential element in the mix and so forth. Their logic is simple. Over the past few years, stablecoins —
Trading veteran Todd Horwitz is warning that the United States economy could be heading toward a severe downturn reminiscent of the 2008 financial crisis as economic pressures build beneath seemingly stable financial markets. His concerns come as recent data showed the U.S. economy expanding at a much slower pace than expected, he said in an
Tech investor and former Coinbase chief technology officer Balaji Srinivasan has called on the crypto industry to develop more financial tools for refugees and stateless people. In a Saturday post on X, Srinivasan said the number of displaced individuals could grow as global conflicts intensify and economic migration increases. He pointed to examples ranging from
Chip giant NVIDIA is preparing to unveil a powerful new artificial intelligence processor designed to speed up how chatbots and other AI tools generate responses, potentially making today’s systems like ChatGPT appear sluggish by comparison. The new platform, expected to debut at NVIDIA’s annual GTC developer conference, is optimized for AI inference, the stage when
Crypto stocks are showing increasing strength, while the overall market experiences a slowdown. The prices of major crypto-linked companies like MicroStrategy, Marathon Digital Holdings, Circle, and Coinbase have all increased. The current situation shows that investors are becoming more interested in crypto stocks despite ongoing geopolitical conflicts.
Brian Armstrong, CEO of Coinbase, recently said that the freedom to invest should be a human right. He emphasized that tokenization can open investment opportunities to people around the world. By turning real-world assets into digital tokens, anyone could access assets that were once limited to wealthy individuals or big institutions. Armstrong’s comments highlight the
BlackRock’s digital assets chief Robert Mitchnick said that more than 90% of Bitcoin ETF investors, including retail, financial advisors, and institutions, have followed a steady accumulation strategy. Speaking to CNBC today, Mitchnick said retail investors “are some of the most long-term focused” and have tended to “buy the dip” when markets decline, while hedge funds