Michael Saylor used AI to appropriate a famous scene from the mockumentary This Is Spinal Tap to advertise STRC as a competitor to insured savings products like bank accounts and money markets. STRC is a share of Saylor’s company Strategy (formerly MicroStrategy) that pays non-guaranteed dividends at the sole discretion of the company’s board of
A majority of stablecoin users want their banks to make it easier for them to buy and spend stablecoins for regular transactions, according to a new survey compiled by YouGov. Some 77% of the 4,658 respondents said they would open a cryptocurrency or stablecoin wallet within their banking or fintech app if one were available.
The largest shareholders of Bitmine Immersion Technologies (BMNR) stock increased their investments in the leading Ethereum treasury company in the fourth quarter of 2025 despite a wider crypto market crash and poor stock price performance. Morgan Stanley, the top reported holder, increased its position by about 26% to more than 12.1 million shares, valued at
The February 18 deluge of Wall Street analyst price targets and rating updates for Nvidia (NASDAQ: NVDA) shows that institutional confidence in the blue-chip chipmaker’s stock remains high despite the early 2026 turbulence. Specifically, as many as five separate prominent analysts revised their NVDA shares’ 12-month forecast on Wednesday, and all issued favorable verdicts, per
United States Federal Reserve policymakers discussed the possibility of interest rate increases last month, according to newly released comments from a January meeting. The minutes of the Federal Open Market Committee meeting from late January were released on Wednesday, revealing that some policymakers were mulling a rate hike due to stubbornly high inflation. Several participants
Three researchers at the US Federal Reserve argue that prediction market Kalshi can better measure macroeconomic expectations in real time than existing solutions and thus should be incorporated into the Fed’s decision-making process. The “Kalshi and the Rise of Macro Markets” paper was released on Feb. 12 by Federal Reserve Board principal economist Anthony Diercks,
Federal researchers are embracing prediction markets as policy-relevant tools just as state regulators move to curtail them. In a working paper, Federal Reserve researchers say macro-focused prediction markets can provide policymakers with a real-time, market-based gauge of inflation and interest-rate expectations. The authors found that the models closely match, and even exceed, forecasts from traditional
A major US bank has agreed to pay hundreds of millions of dollars to settle allegations that customers were charged illegal overdraft fees for years. Georgia-based customers of SunTrust Bank, which is now operating as Truist Bank, will share in the long-awaited settlement fund. The deal resolves a 2010 class-action lawsuit claiming the bank charged
Wallet infrastructure firm Kresus Labs has raised approximately 18 billion won ($13 million) in investment from Hanwha Investment & Securities, one of South Korea’s largest financial institutions. The investment follows a memorandum of understanding signed in December at Abu Dhabi Finance Week and is aimed at expanding Kresus’ enterprise digital wallet infrastructure, real-world asset (RWA)
Billionaire real estate mogul Barry Sternlicht said his firm, Starwood Capital Group, which manages over $125 billion in assets, is ready to begin tokenizing real-world assets but can’t move forward due to regulatory barriers in the United States. “We want to do it right now and we’re ready,” Sternlicht said Wednesday at the World Liberty