The Smarter Web Company is showing strong insider confidence as major shareholders continue to hold firm. A recent TR-1 notification revealed that 210k Capital LP, a fund managed by UTXO Management. It has not sold a single share since the company’s IPO. Combined with the holdings of CEO Andrew Webley, more than 22% of the
On October 28, both crypto ETFs, Bitcoin and Ethereum, recorded gains. Bitcoin ETFs saw a combined inflow of $202.48 million, with Arl & 21Shares ARKB leading the session. Meanwhile, Ethereum $246.02 million, surpassing Bitcoin. Bitcoin ETF Breakdown According to data from SoSoValue, Bitcoin ETFs recorded $202.48 million in inflows, with only three ETFs posting gains.
The traditional wealth management world, once averse to cryptocurrencies, is facing a surge in demand for digital assets from its wealthy clients, particularly in financial hubs like Dubai, Switzerland and Singapore. This growing pressure is forcing private banks and asset managers to integrate crypto services into their portfolios. A survey of 3,851 investors and 456
Visa just dropped its fiscal Q4 numbers, and the company pulled in $10.72 billion in revenue, up from $9.62 billion a year ago. That’s a 14% surge, beating the Zacks Consensus Estimate of $10.59 billion by 0.97%. On the earnings side, Visa reported $2.98 per share, slightly above the $2.97 estimate, and well above the
On Tuesday, Microsoft and OpenAI announced a restructured partnership that values the Redmond giant’s stake at $135 billion, roughly 27% of OpenAI’s new public-benefit company, even as both firms navigate antitrust scrutiny and a federal lawsuit alleging compute monopolization. The reworked pact supports OpenAI’s conversion into OpenAI Group PBC under the nonprofit OpenAI Foundation, and
By mid-2026, nearly half the Swiss population (over 4 million people) will be active users of cryptocurrency (Statista, 2025). That level of adoption doesn’t happen in a vacuum; it’s actually the result of a government that has treated crypto not as a risk to manage, but as an opportunity to structure. The Swiss model proves
The U.S. Securities and Exchange Commission (SEC) has approved two new cryptocurrency exchange-traded funds (ETFs) offered by Canary Capital. This gives investors access to new digital assets beyond Bitcoin and Ethereum. The approved Litecoin ETF and Hedera ETF began trading on the Nasdaq exchange today. Steven McClurg, founder and CEO of Canary Capital, told Scarlet
Wall Street was upbeat Tuesday, with Dow Jones Industrial Average rising more than 150 points and S&P 500 and Nasdaq jumping to record highs as Nvidia and a Microsoft-OpenAI deal boosted US stocks. Summary US stocks popped to all-time peaks as investors positioned ahead of October Federal Reserve interest rate decision. S&P 500 hit new
Donald Trump’s administration has made its support for stablecoins explicit, and the two largest, USDC issued by Circle and USDT issued by Tether, have seen their market capitalizations increase. In absolute terms, USDT has seen a larger increase, growing from approximately $138 billion to around $183 billion. This compares favorably to USDC, which has grown
Sentora, the on-chain research shop, grabbed attention today when it tweeted that “US entities hold 73% of global crypto treasury value, showing the country’s dominance in the institutional crypto space.” That huge figure, shared as part of the firm’s ongoing crypto treasury coverage, spotlights how concentrated institutional crypto reserves have become around American organizations. The