The iShares MSCI Brazil ETF token, known as $EWZ, has officially launched on the Solana network, marking a significant milestone for the platform. This token will provide investors with exposure to Brazilian stocks, enhancing trading opportunities for users. The news comes from a tweet by the influencer @SolanaFloor, highlighting the partnership with @Sunrise and @Backpack
Stablecoin Development Corp, which has been trading around a minimal $50 million marketcap for months, has suddenly seen its price jump tenfold in a matter of two weeks for absolutely no reason whatsoever. Tether is a major investor in the company, whose primary business appears to be earning interest off of USDS — not a
Payments infrastructure company Modern Treasury has applied to establish a US national trust bank that would provide digital asset custody and related fiat services. According to Monday’s announcement, the company submitted an application to the Office of the Comptroller of the Currency (OCC) to establish Modern Treasury National Trust Bank, which would operate as a
The stock prices of most publicly-traded nuclear companies that have received a loan, contract, or financial incentive from Donald Trump’s administration have declined since receiving that favor. Trump’s administration has handed the nuclear industry tens of billions of dollars of incentives in the past year, including a new $4.2 billion federal loan to Ohio nuclear
During a Legislative Council briefing, Hong Kong’s finance chief laid out a long list of measures to grow the city’s offshore yuan business. Meanwhile, two banks already hold stablecoin issuer permits, and the finance chief made a promise for a virtual asset licensing bill to come later this year. Will Hong Kong lawmakers introduce a
Bitcoin (BTC) is coming off its best third quarter since 2017, but extending the rally may prove more difficult as Treasury yields above 5% offer investors an increasingly attractive alternative to risk assets, according to Delphi Digital. In its latest weekly newsletter, Delphi highlighted Bitcoin’s 43% gain in the third quarter, followed by a third
Coinbase (NASDAQ: COIN) stock price is up today, October 5, after the Bank of America (BofA) raised its target on the shares based on a bullish outlook on the exchange’s stablecoin revenue. Know when yourcoins moveAlerts, real-time prices, and market news — all in one app 4.8 based on 40K reviews in the App Store
Backpack Securities has launched a tokenized version of the iShares MSCI Brazil ETF on Solana through Sunrise, bringing one of the main vehicles for trading Brazilian equities onto crypto rails as investors react sharply to Brazil’s first-round election result. Issued by Backpack Securities, $EWZ is now listed on @Solana with @Sunrise. ▸ Redeemable 1:1 for
The US stock market could face a correction from mid-October through the midterm elections, but crypto and technology stocks may benefit afterwards if Democrats become more supportive of the CLARITY Act and>said. “I think the AI stocks are going to benefit post-midterms because the change in Congress is actually going to sort of greenlight some