Robinhood’s latest product pitch — tokenized versions of private company stocks like OpenAI and SpaceX — is already drawing heat. While the trading app claims these tokens let retail users “get exposure” to pre-IPO giants, it turns out they do not represent any actual equity. According to Ripple CTO David Schwartz, if things go sideways,
Circle, the firm behind the USDC stablecoin, is expanding its presence in global payments infrastructure with a significant new initiative. The company has officially launched stablecoin-powered payouts to Brazil and Hong Kong. Meanwhile, the CRCL stock price reacted swiftly, moving towards the $210 mark.
U.S. President Donald Trump has intensified his tariff rhetoric this week, but financial markets aren’t convinced, likely expecting the President to back down and eventually reach a compromise with trading partners. Earlier this week, the Trump administration sent out letters to 14 countries, warning of higher tariffs on their export of goods to the U.S.
Trade tensions rise as US President Donald Trump threatens new tariffs on Southeast Asian countries. Analysts have warned that this could erect a “tariff wall” that disrupts regional supply chains and raises prices for American consumers. Trump’s new threats come as an August 1st deadline for trade deals approaches. He said he planned to impose
Story Highlights Trump calls on Jerome Powell to resign, accusing him of misleading lawmakers about the cost of expensive renovations at the Fed’s headquarters. US President considers new contenders for the positions of Fed. U.S. President Donald Trump has called for Federal Reserve Chair Jerome Powell to resign if the allegations against him prove to
Cryptocurrency exchange Binance announced that it will remove the “Monitoring Tag” and “Seed Tag” applications on some tokens as of July 9, 2025, as a result of its latest evaluations. Binance Removes Tracking Tag for ZEC, Seed Tag for ENA, PYTH, TAO, and W Token to Remove Tracking Tag: Zcash (ZEC) Tokens to be Seed
Global stocks are breaking records in 2025 while Donald Trump keeps yelling tariffs from the White House. Investors clearly aren’t flinching. They’ve heard it before. And this time, they’re not pulling money out of the system. According to CNBC, the MSCI All Country World Index, which tracks over 2,500 stocks worldwide, jumped nearly 10% since
A global bank with over $1 trillion in assets under management has approved a crypto exchange-traded fund from Bitwise Asset Management for its managed accounts platform, as revealed by Bitwise CEO Hunter Horsley on Tuesday. The approval allows wealth managers and financial advisors working with the bank to allocate client funds to the crypto ETF
The tokenization of equities, while seen as a promising way to democratize access to publicly listed company stocks, has not gained traction as expected. Proponents of tokenization argue that existing regulations block the widespread adoption of equity tokenization. The Slow Burn of Equity Tokenization: Hype Versus Reality Although the tokenization of equities is widely accepted
The world of cryptocurrency is constantly evolving, and a recent development from South Korea’s leading crypto exchange, Upbit, is sending ripples across the market. Dunamu, the powerhouse operator behind Upbit, has made a significant strategic move by filing a whopping 66 trademark applications. This isn’t just about protecting brand names; it’s a clear signal of