The U.S. employment market rebounded in a big way from February’s sizable losses. According to a Friday morning release from the Bureau of Labor Statistics, the country added 178,000 jobs in March, after losing 133,000 positions the previous month. Economist forecasts had been for 60,000 jobs to have been added. The unemployment rate fell to
US households now have a larger share of their net worth tied to the stock market than at any point in modern history. The figure stands at 25.63% of total household net worth, eclipsing the Dot-Com Bubble high of 19.56% and the 1968 peak of 22.01%. US Household Equity Exposure. Source: X/The Kobeissi Letter The
In a landmark development for digital asset markets, Tether’s monumental $500 billion valuation funding round has entered its decisive final phase. According to a recent report from The Information, the stablecoin issuer now requires investor commitments within a strict two-week deadline. This accelerated timeline signals a pivotal moment for the cryptocurrency industry’s most dominant dollar-pegged
Crypto wallets were originally built around coins and tokens. Now some are trying to turn themselves into broader financial apps by giving users access to tokenized versions of traditional assets. Bitget Wallet’s latest push is into tokenized U.S. equities, described in a recent TheStreet Roundtable interview with their COO, Alvin Kan. The idea is not
Technology investment platform Fundrise is partnering with crypto exchange Kraken to tokenize shares of its Fundrise Innovation Fund VCX, according to reporting from Crowdfund Insider. The deal will see the publicly listed VCX vehicle, which trades on the NYSE, wrapped into a blockchain-based representation on Kraken’s tokenized equities venue xStocks under the ticker VCXx. Kraken’s
Stablecoin transaction volume surpassed the US Automated Clearing House network for the first time in February, a significant milestone for an asset class that has existed for less than 12 years. According to data from blockchain analytics platform Artemis, the total 30-day adjusted rolling stablecoin volume hit $7.2 trillion in February, beating the Automated Clearing
Korea Investment Securities, one of South Korea’s largest brokerages, is exploring a stake in Coinone. The firm is in early talks to acquire shares in the country’s third-ranked crypto exchange, the Herald Economy reported. The deal would add another chapter to an unprecedented wave of consolidation reshaping Korea’s crypto sector. A Crowded Field of Suitors
On April 2, 2026, the International Monetary Fund (IMF) published a note regarding real-world assets (RWAs), noting both their advantages and shortcomings in the financial industry. Entitled “Tokenized Finance,” the note acknowledges that permissioned shared ledgers, programmable assets (RWAs), and the smart contracts that connect the two, alter finance in terms of liquidity, settlement, and
Global cryptocurrency markets witnessed a significant milestone in February 2025 as the total supply of non-U.S. dollar denominated stablecoins surged to $1.1 billion, according to data analytics firm Unfolded. This development represents a pivotal moment in digital asset evolution, highlighting growing international diversification beyond traditional USD-pegged stablecoins. Approximately 1.2 million unique addresses now hold these