Alphabet reaches a $4 trillion market value, driven by its intensified AI focus. The Google parent is only the fourth company in history to hit the $4 trillion milestone after Nvidia, Microsoft and Apple. On January 12, Alphabet’s Class‑A shares surged to $334.04, briefly pushing the company’s market capitalization to $4 trillion, the highest ever for
ClearBank has chosen digital asset infrastructure provider Taurus to support its push into stablecoin-related services, as the U.K.-based clearing bank looks to broaden its payments and digital asset offerings for clients, the company said in a press release Tuesday. Under the agreement, ClearBank will use Taurus-PROTECT as its wallet infrastructure provider, enabling it to offer
Singapore Gulf Bank (SGB), a fully licensed digital bank regulated by the Central Bank of Bahrain, has taken a major step in expanding its global payment capabilities by opening a correspondent banking account with J.P. Morgan. The move grants SGB direct access to J.P. Morgan’s established USD clearing network, strengthening its ability to deliver fast,
Brian Armstrong, the chief executive officer (CEO) at the largest U.S.-based publicly-traded cryptocurrency exchange, Coinbase, has taken to his social media account to make an important statement to the global community. He spoke about crypto wallets, their actual purpose and importance, which many users underestimate. The crypto community supported the Coinbase CEO in the comments.
Standard Chartered is considering expanding its digital assets business, with early discussions underway to launch a crypto trading and prime brokerage platform. If pursued, the initiative would place the British lender among a cohort of global banks expanding their exposure to cryptocurrencies. Key Points Standard Chartered is in early talks to develop a crypto trading
Michael Saylor, executive chairman of Strategy (MSTR), the world’s largest public holder of bitcoin, introduced the firm’s fourth perpetual preferred equity offering, Stretch, (STRC), in late July. Saylor described STRC as Strategy’s iPhone moment, a breakthrough that redefines corporate finance. STRC, dubbed by the firm as “Short Duration High Yield Credit” Stretch, is a perpetual
The global banks landscape is undergoing a sharp reassessment as major banks rethink interest rate expectations. For months, investors anticipated rapid easing from the US Federal Reserve. That confidence now fades as inflation pressures persist and economic resilience surprises policymakers. The Fed rate cuts outlook has shifted dramatically, forcing markets to adjust strategies. JPMorgan, Goldman
The U.S. Federal Reserve’s next interest-rate move is likely to be an increase and unlikely to occur before third-quarter 2027, JPMorgan predicted, bucking some crypto analysts’ outlook for lower borrowing costs, sooner. The world’s largest bank by market capitalization said on Friday it expects the Fed to hold rates steady with a 3.5%-3.75% target this
The US Bureau of Labor Statistics (BLS) will publish December’s Consumer Price Index (CPI) report on Tuesday at 13:30 GMT. The report is expected to show that prices remained broadly stable in the last month of 2025. As always, it’s a key read on inflation and could stir some short-term moves in the US Dollar