Investing in cryptocurrencies can yield either a substantial profit or a substantial loss. While there are many investments in both directions, one company made a huge profit on a surprising altcoin. Accordingly, Paradigm, a leading venture capital firm in the cryptocurrency field, made a huge profit from its investment in the altcoin called HYPE. It
Mark Zandi, chief economist at Moody’s Analytics, is accelerating his warnings of an incoming recession, highlighting several troubling indicators that point to a broad-based economic slowdown. According to Zandi, the economy is on the ‘precipice’ of a major downturn, citing recent economic data showing that consumer spending has stalled, while both the construction and manufacturing
South Korea’s leading banks are eyeing faster entry into the crypto and stablecoin markets. The announcement comes as executives around the crypto industry predict upcoming laws at the national level will pave the way for mass issuance of stablecoins and other digital asset services. The move prompts the biggest lenders, including Shinhan, Woori, KEB Hana,
Teucrium’s XRP ETF is rewriting the record books as skyrocketing investor demand propels it past every fund in the firm’s 16-year history with unstoppable momentum. “It is our most successful fund,” said the firm’s president. Teucrium’s XRP ETF Fires Past Every Fund in Company History With Accelerating Demand Investor appetite for XRP exposure is accelerating
A new report released by Ripple in partnership with CB Insights and the UK Centre for Blockchain Technologies shows that Citigroup, JPMorgan Chase, and Goldman Sachs have been leading the way as some of the most active traditional financial institutions investing in blockchain technology. The report, which studied over 1,800 banks from 2020 to 2024,
San Francisco-based blockchain company Ripple has been ranked as the 23rd biggest private company by market capitalization. According to data provided by business analytics firm CB Insights, the company, which is primarily known for being associated with the XRP cryptocurrency, is valued at $15 billion. It is ranked right above Swedish fintech company Klarna ($14.5
While President Donald Trump’s tariff war aims to spark a manufacturing boom at home, corporate America’s spending focus remains firmly on “bits” rather than “bricks and mortar.” This contrast is evident in the spending patterns of the Magnificent 7 (Mag 7) stocks – a group comprising large-cap tech companies, including Alphabet (parent company of Google),
A wave of high-profile raises last week—totaling nearly $2 billion—signals institutional confidence in digital assets, blockchain infrastructure, and on-chain treasury strategies. According to Crypto-Fundraising.info, Marathon Digital’s $850 million convertible note offering led the pack between July 28 and Aug. 2, followed by Mill City Ventures’ $450 million move into Sui-backed tokenization. Ethereum-native treasury pivots from