After a period of rapid expansion, the global stablecoin market has largely stalled, signaling a consolidation phase as new regulation, liquidity constraints and higher real-world yields weigh on new issuance, according to Jimmy Xue, co-founder of quantitative yield protocol Axis. In a note shared with Cointelegraph, Xue said that while stablecoin regulation has advanced, tighter
Elon Musk said Thursday that artificial intelligence could surpass human intelligence as soon as this year, arguing that progress toward artificial general intelligence is accelerating faster than humanity is prepared for. The comments by the Tesla, SpaceX, and xAI CEO came during a wide-ranging conversation with BlackRock CEO Larry Fink at the World Economic Forum
South Korea’s Kospi index crossed the 5,000 mark for the first time on Jan. 22, defying global market turbulence caused by U.S. President Donald Trump’s Greenland takeover ambitions. Blue-Chip Surge South Korea’s benchmark Kospi index crossed the 5,000 mark for the first time on Jan. 22, a historic milestone that fueled excitement across the country.
The race to replace Jerome Powell as Chairman of the Federal Reserve has taken a sharp turn toward Wall Street’s most powerful asset manager. Rick Rieder, BlackRock’s Chief Investment Officer of Global Fixed Income, has seen his odds of securing the nomination surge in recent days. According to data from prediction market Polymarket, Rieder’s odds
Circle CEO Jeremy Allaire said the company views its dollar-pegged stablecoin as neutral financial infrastructure with network effects, rather than a product meant to compete with existing payment companies. Speaking on CNBC’s Squawk Box during the World Economic Forum at Davos, Switzerland, Allaire said Circle does not view card networks such as Visa or Mastercard
The blockchain oracle network Chainlink (LINK) has announced the official launch of its 24/7 (5 days a week) U.S. Equities Streams data feed for the decentralized finance (DeFi) ecosystem. The official statement claimed that this development would move the $80 trillion US stock market to the blockchain. The new solution includes data for US stock
Gold’s blistering 70% rally in a year — its strongest performance in nearly half a century — sent demand for exposure to the metal soaring. As institutional and retail investors alike sought havens during periods of rising geopolitical tensions and new tariff threats, one corner of the market stood out: tokenized gold. Gold-backed tokens like
Mastercard (MA) is considering making a strategic investment in blockchain infrastructure firm Zerohash after acquisition talks collapsed when the crypto company opted to remain independent, according to a person familiar with the matter. Fortune reported in October that the payment processor was in late stage talks to buy Zerohash, and could pay as much as
Chainlink has expanded its Data Streams product to include 24/5 U.S. stock and exchange-traded fund coverage, a move meant to enable decentralized trading platforms to price equities during pre-market, post-market and overnight sessions. The upgrade, according to the firm, addresses a liquidity gap in the on-chain trading of real-world assets (RWAs). Historically, U.S. stock feeds
Bitmine Immersion Technologies (BMNR), the largest corporate holder of ether ETH$3,027.68, secured investor approval to increase the number of authorized shares, giving the company greater flexibility to raise capital. The measure, Proposal 2 at Bitmine’s annual stockholder meeting on Jan. 15, passed with 81% of votes cast in favor, the company said in a Tuesday