Don’t be fooled by the prolonged crypto bear market, the industry remains a sound investment and less at risk from replacement by AI than traditional software as a service (SaaS) operations, according to Ravi Tanuku, CEO of KRAKacquisition Corp. (KRAKU), a blank check company backed by U.S. crypto exchange Kraken. The company, a Nasdaq-listed special
Macroeconomist Adam Kobeissi stated that the risks facing the Fed are increasing, and that the current economic outlook resembles “the Fed’s worst nightmare.” According to Kobeissi, one of the most significant limitations of the Fed is that it can only control inflation from the demand side, and cannot directly intervene in supply-side shocks. The analyst
Sub-Saharan Africa recorded an on-chain value of $205 billion through June 2025, representing a 52% increase over the previous period. Nigeria leads the region with $92 billion in volume, while stablecoin usage grew by 180% annually due to its real-world utility. Four African nations now rank in the global top 20 for crypto adoption, driven
Institutional capital is rapidly embedding crypto into mainstream finance, with adoption accelerating and allocation strategies expanding as market integration approaches a critical tipping point driven by large-scale investor participation. Institutional Capital Accelerates Crypto Integration as Allocations and Product Access Rapidly Expand Institutional capital rotation into crypto markets is accelerating, with Bitwise CEO Hunter Horsley signaling
In his recent statements, US President Donald Trump made noteworthy comments regarding both cryptocurrency markets and global geopolitical developments. Trump particularly stood out with his positive remarks about Bitcoin, while arguing that the US must maintain its global leadership role. Trump described Bitcoin as “a very powerful technology,” pointing to the increasing acceptance of cryptocurrencies.
Wall Street’s most persistent bull, Tom Lee, is doubling down on a vision of the future that would make even the most seasoned optimist blink. The Fundstrat Global Advisors co-founder, known for his uncanny accuracy during post-pandemic recovery, believes S&P 500 is on a collision course with the 15,000 mark by the end of this
The leadership change process at the Fed has stalled amid geopolitical tensions and internal political disagreements. According to sources, the process of appointing former Fed official Kevin Warsh to replace current Chairman Jerome Powell is “at an impasse.” One of the biggest obstacles in the process is the stance of Republican Senator Thom Tillis. It
Morgan Stanley plans to price its proposed spot bitcoin exchange-traded fund (ETF) at 14 basis points, a level just below current low-cost options for similar products, according to an amended filing with the U.S. Securities and Exchange Commission (SEC). The move could set off a new round of fee competition among existing funds. The latest
In brief Ark Invest parted with nearly $41 million in META and $26 million in NVDA shares on Thursday. Cathie Wood’s firm also dumped around $11 million worth of shares in its Bitcoin ETF. The sales come amid a sustained market downturn as uncertainty in Iran shakes stocks and crypto. Ark Invest, the investment firm
Major crypto-related stocks fell sharply Friday, with some hitting their lowest prices in at least a month as markets reacted to continued uncertainty around the Iran war, and Bitcoin fell to its lowest price since March 2. Bitcoin was recently trading at $65,804, down more than 4% on the day. It fell as low as