This week gave beaten-up stock names a strange new job. They stopped acting like laggards and started leading the screen. Oracle (NYSE: ORCL), Microsoft (NASDAQ: MSFT), and AMD (NASDAQ: AMD) came into Friday on track for huge weekly gains, the kind that reset charts and force traders to stop laughing at names they had written
Global financial giant UBS has published a noteworthy assessment of US monetary policy. The bank stated that it maintains its expectation that the Fed will cut interest rates later in the year. A research note published by UBS emphasized that the Fed remains on a path of monetary policy easing under the current outlook. The
The conversation around real-world assets, or RWAs, got another boost today after the RWA Foundation argued that tokenization is moving from theory to infrastructure. In a post on X, the group said trillions of dollars in value from stocks, real estate, private credit, bonds, collectibles and commodities are being rebuilt on faster and more efficient
Slash raised $100M at a $1.4B valuation as it processes over $1B in annualized stablecoin payments for 5,000+ businesses, turning crypto into back‑office banking rails. Slash’s $100M round and stablecoin push Slash Financial, a business banking platform built for online‑first companies, has secured $100 million in Series C funding at a roughly $1.4 billion valuation
Liquid Capital’s Li Hua Yi says there’s “no reason to take profits” after the Strait of Hormuz reopens, citing S&P highs, MicroStrategy’s $BTC buys and altcoin rotation. Liquid Capital’s Yi leans into the peace trade Liquid Capital founder Yi Lihua has urged investors not to rush for the exits after the rebound sparked by the
Leading bitcoin treasury company Strategy (MSTR) has filed a proxy that, if approved, would allow for semi-monthly dividends on its STRC “Stretch” series of preferred stock. The move would have no effect on STRC’s annual dividend obligations or dividend rate (currently 11.5%), noted Executive Chairman Michael Saylor. Instead, he said, “[the] proposed changes are intended
Jim Esposito, president of Citadel Securities, has publicly said his firm is considering entering the prediction market space as a liquidity provider. Speaking at the Semafor World Economy Summit, he described a “sound industrial logic” for institutional clients to use these markets and called the firm’s involvement “certainly possible.” For the B2B financial industry, the
Alejandro Grisanti, head of Ecoanalitica, proposed issuing a national USD stablecoin as part of a series of measures to lift currency controls in Venezuela. This system would complement the current auction system, allowing the excluded sector to receive dollars via blockchain rails. Key Takeaways: Ecoanalitica proposes a stablecoin to fix local dollar shortages, driving future
Two Tether-related entities, German former crypto miner Northern Data and US-based video streaming service Rumble, are set to begin the merger process, with Rumble offering equity for shares of Northern Data. The merger, which was announced in November of last year, will end with Rumble taking over data center sites and receiving thousands of GPU
Crypto-linked stocks surged Friday, led by a sharp rally in beaten-down digital asset treasury firms, as progress toward ending the Iran war jolted risk assets, sending bitcoin to a two-month high of $78,000. U.S. President Donald Trump said in a Truth Social post that Iran committed to keeping open the Strait of Hormuz, a key