Hayes Sees a Multitrillion-Dollar Reckoning Arthur Hayes has a curious thesis for the AI boom. The business economics are lousy, the infrastructure binge is headed for trouble, governments will eventually foot the bill, and crypto could come out sitting pretty. Asked by Bitcoin.com News Media Product Manager David Sencil whether AI is a bubble during
Stablecoin issuers are emerging as a new source of demand for US government debt as foreign official holdings lose ground. Tether and Circle have increased their Treasury securities and repurchase-agreement holdings by about $200 billion over the past five years, equivalent to more than 40% of the decline in China’s Treasury holdings over the same
Anchorage Digital, a federally chartered US digital asset bank valued at $4.2 billion earlier this year, has reportedly cut 17% of its workforce, suggesting that the prolonged crypto market downturn is weighing on the company even as it expands its institutional footprint. Citing people familiar with the matter, The Information reported Friday that CEO Nathan
The RWA Foundation has reported a significant expansion in its datasets, now covering 717 stablecoin deployments. This update, highlighted by CryptoTwitter commentator @tokenterminal, underscores the growing interest and usage of tokenized assets. The implications of this growth could reshape market dynamics as new projects emerge and existing ones evolve. What Happened The latest quarterly report
Coinbase stock fell 3.32% to $183.00 on Friday, October 2, after an early rally approached $200. Shares were down $6.29 at 1:33 p.m. EDT, with trading still underway near the session’s lowest levels. Know when yourcoins moveAlerts, real-time prices, and market news — all in one app 4.8 based on 40K reviews in the App
Machi’s recent trading performance has caught the attention of the crypto community, with his impressive streak of ten consecutive profitable trades yielding a total profit of $1.34 million. This success underscores the growing interest in the $PUMP token and highlights the potential of influencer-driven trading strategies. As noted by Lookonchain, Machi’s current positions include substantial
Tokenized stocks are under pressure to attract long-term holders as perpetual contracts dominate the trading landscape. Recently, perpetual contracts cleared more than $39 billion in just 30 days, highlighting their appeal to traders. This trend raises questions about the future viability of tokenized stocks, especially as they struggle to gain traction among longer-term investors. For
Nvidia’s share price pushed to a fresh all-time high of $236.57 this week, extending a rally that has turned the chipmaker into one of the standout stories of the current market cycle. The move puts Nvidia stock performance back in the spotlight just as Wall Street weighs how much further the AI-driven run can go,
JPMorgan opened the doors of its new headquarters this week for an ETF symposium that put the bank’s crypto ambitions on full display, and the timing says as much as the venue itself. At a moment when the broader crypto market is sending mixed signals across major tokens, one of Wall Street’s biggest institutions chose
Nearly three-quarters of major UK financial institutions expect tokenization to reshape financial services, as banks and asset managers increasingly explore blockchain-based infrastructure for payments, settlement and liquidity management. The finding comes from an annual survey by Lloyds Banking Group, the UK’s largest financial services provider, which polled 100 senior decision-makers across major UK banks, insurers,