Macro investor and former hedge fund manager Jordi Visser said he recently bought Ether as he sees the “tokenization reality” starting this year, with tokenized assets powering agentic AI payments. “I don’t think enough people are talking about tokenization and what’s happening,” Visser told Anthony Pompliano on a podcast on Saturday, predicting that tokenization and
Digital Asset Holdings is reportedly raising about $300 million at a valuation near $2 billion, according to Bloomberg. The round is said to be led by Andreessen Horowitz’s crypto arm, a16z crypto, and could close in the coming weeks. The company is known for developing Canton Network, a blockchain built for financial institutions. Bloomberg cited
Robin Brooks, Senior Fellow at The Brookings Institution and former Chief FX Strategist at Goldman Sachs, believes the Brazilian Real is poised to grow, as the currency’s value has been consistently rising since 2025. Two key drivers will benefit the Brazilian real: the end of the Middle East conflict and the rising uncertainty in the
Strategy President and CEO Phong Le said the company’s value extends beyond its bitcoin holdings because of its enterprise software operations, compliance infrastructure, and global scale. Strategy reported its strongest software quarter in a decade, including 59% cloud revenue growth and more than 3,000 customers worldwide. Key Takeaways: Strategy highlighted enterprise software operations as a
South Korea’s joint investigation team has confirmed what many suspected: the fire aboard the HMM Namu on May 4 was caused by external strikes, not an accident. Two unidentified aerial objects hit the cargo vessel as it transited the Strait of Hormuz, damaging a 7-by-5-meter section of the hull and igniting a blaze that, mercifully,
Iran has delivered its response to a U.S. ceasefire proposal through Pakistani mediators. This development adds a new layer of uncertainty for global markets. The proposal was designed to reopen the Strait of Hormuz and restart discussions on Iran’s nuclear program, reports The Guardian. After the response was passed to Pakistan, it was forwarded to
President Donald Trump has escalated his campaign against Fed Chair Jerome Powell to a level that’s making markets genuinely uncomfortable. Trump stated he would fire Powell if he does not resign, proposing former Fed governor Kevin Warsh as a replacement. The threat represents the most direct challenge to Federal Reserve independence in modern American history.
Iran has fired back at a US peace proposal with a counterproposal of its own, and the demands are steep: a permanent ceasefire, full sanctions relief, withdrawal of US troops, and security guarantees. The proposal, mediated by Pakistan and delivered in early May, also insists on Iranian control over the Strait of Hormuz and a
Cerebras Systems, the AI chipmaker that has spent years positioning itself as the anti-Nvidia, is finding out just how hungry Wall Street is for that pitch. The company has raised its IPO price range due to overwhelming investor demand, with the offering reportedly oversubscribed by more than 20 times. Orders have exceeded $10 billion for
The cryptocurrency market is preparing to close a volatile week in positive territory. With several critical economic data releases from the US and renewed clashes in the US-Iran conflict, Bitcoin is poised to close the week with a loss of approximately 3%. On the other hand, the Bitcoin and altcoin index, which is based on