Crypto investors are piling into tokenized gold as digital asset markets are treading water, sending inflows to Paxos’ gold token to a record in January. Paxos Gold ($PAXG), backed by physical gold held in LBMA vaults in London, raked in more than $248 million fresh capital through January, DefiLlama data shows. That lifted $PAXG’s market
US President Donald Trump said in a speech in Iowa yesterday that he would announce his nominee for FED chairman “very soon.” This statement by Trump has accelerated expectations and speculation in financial markets. Market analyst Ghiles Guezout stated that the announcement could come even today, while many news reports in recent weeks suggest that
According to breaking news, the Fed has kept interest rates unchanged, as expected. Here’s Bitcoin’s reaction in the first few minutes: Thus, the Fed paused its rate cuts after three consecutive reductions since September last year. The decision was in line with market expectations. The Federal Open Market Committee (FOMC) released its decision, noting that
Nick Timiraos, a close observer of the Fed, stated in his latest article that the Fed kept its policy interest rate stable, in line with expectations, and did not give a clear signal about when interest rate cuts would resume. According to projections released in December, 12 out of 19 Fed officials predicted that at
Fidelity Investments is set to roll out its first stablecoin on Ethereum in early February, CoinDesk reported Wednesday. The token, called the Fidelity Digital Dollar (FIDD), will be fully backed by reserves and available to both institutional and retail clients through Fidelity platforms and major crypto exchanges. The rollout follows the passage of the GENIUS
Kearney, a global management consulting firm, in its recent report, confirms that the projected growth for tokenization uptake in the GCC (Gulf Cooperation Council) countries is close to $500 billion worth of assets. The fertile sectors for tokenization are private markets, funds, and bank deposits, while the primary catalysts are financial institutions, asset managers, and
SRx Health Solutions, an NYSE-listed digital healthcare company, announced today it has expanded its digital treasury holdings to $18 million across Bitcoin and Ethereum following an additional Bitcoin purchase. The Toronto-based company said the investment was executed using internally developed models designed to preserve long-term optionality under volatile market conditions. SRx said the crypto allocation
A wave of reports released in late January has delivered sobering news for business leaders who have bet big on artificial intelligence: most companies are seeing lots of activity but little improvement to their bottom line. Studies published in January 2026 by consulting giant PwC, along with tech companies Anthropic, OpenAI, and Google, paint a
IREN stock price has staged a strong comeback as artificial intelligence companies continue raising billions in funding and as traders wait for its upcoming earnings. Summary IREN stock has staged a strong rebound in the past few weeks. Wall Street analysts are optimistic about the company ahead of its earnings. Nvidia invested an additional $2
Global investment bank Mizuho Securities delivered a significant Circle upgrade this week, shifting its rating to neutral while establishing a compelling $77 price target that reveals deeper connections between prediction markets and stablecoin adoption. Analysts Dan Dolev and Alexander Jenkyns presented their revised assessment on Tuesday, March 18, 2025, highlighting how Polymarket’s exclusive $USDC settlement