Nvidia shares failed to sustain a rally on Monday despite a series of headline-grabbing announcements at the company’s annual GTC developer conference. The stock briefly jumped during CEO Jensen Huang’s keynote but later pulled back, ending the session with only modest gains. NVIDIA Stock Price Chart on Monday, March 16. Source: Google Finance Investors initially
Wall Street private-credit funds are slowing the exits as withdrawal pressure builds As Bitcoin climbs and holds above $73,000, several of Wall Street’s biggest private-credit funds have capped, stretched, or halted withdrawals, according to recent filings and reports tied to BlackRock, Blackstone, Morgan Stanley, Cliffwater, and Blue Owl. JPMorgan has also marked down some private-credit
The volatility created in global energy markets by the war with Iran in the Middle East could complicate the Fed’s interest rate cut plans. Rising oil and natural gas prices, creating new pressure on inflation, have significantly weakened expectations for an interest rate cut. Economists expect the Fed to keep its policy interest rate unchanged
Crypto market intelligence platform Messari named former Chief Technology Officer Diran Li as its new CEO, confirming layoffs as part of a broader restructuring around AI. The leadership change follows Eric Turner’s departure after less than two years in the role. Turner took over as interim CEO in July 2024 after founder Ryan Selkis resigned.
The institution has asked the government to allow digital financial assets to be issued on open networks like Ethereum, opening national businesses to international investments. Central Bank of Russia governor Elvira Nabiullina also stated that these regulations would help conduct cross-border settlements. Russia Sets Up Digital Assets As Vehicles For International Investment The Central Bank
US President Donald Trump has again pressured the Federal Reserve to cut interest rates immediately, saying at a White House meeting that they should have a “special meeting” to reduce rates. “What’s a better time to cut interest rates than now? A third-grade student would know that,” Trump added, according to videos shared on X.
T. Rowe Price has filed to hold a broad set of digital assets in its new exchange-traded fund (ETF), including bitcoin, ether, dogecoin, and shiba inu. The asset manager, which has $1.8 trillion in assets under management, filed an amended S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), offering new details about
A $10m SOFR options win on “higher for longer” rates shows where real money is made upstream of crypto, as oil‑driven inflation forces markets to kill early Fed cuts. Summary A trader reportedly made about $10 million this month on SOFR‑linked options initiated in January, effectively shorting the market’s dovish Fed path. Surging oil and
Story Highlights BlockStories data shows 8 of Europe’s 20 largest banks have live crypto services. MiCA gave banks the legal cover, but it was client capital flowing to Revolut and Trade Republic that forced their hand. A consortium of 12 banks including BNP Paribas, ING and UniCredit is building a euro-backed stablecoin. Four years ago,
Ironlight Group has raised $21 million in a Series A round to expand infrastructure for tokenized securities, joining a rapidly growing sector that aims to bring traditional financial assets onto blockchain networks. The financing was backed by senior Wall Street executives including former TD Bank President and CEO Greg Braca, alongside institutional investors such as