Josh Kushner’s Thrive Capital has raised more than $10 billion for its largest-ever fund, Thrive X, giving the firm substantial capital to target opportunities in AI, robotics, space exploration, and the life sciences sector. The new fund, twice the size of its previous fund, targets to allocate $1 billion to early-stage ventures and $9 billion
The S&P 500 Index retreated sharply last week and erased all the gains made earlier this year despite strong corporate earnings and encouraging macro data. It dropped to a low of $6,835 on Friday, down sharply from the year-to-date high of $7,000. This article explores some of the top news to watch this week. S&P
Intensa Sanpaolo reveals $96 million in Bitcoin ETF holdings. The bank also holds a major put option tied to Strategy. Smaller investments include stakes in crypto firms and a $4.3 million position in a Solana-linked ETF. Italy’s largest bank, Intesa Sanpaolo, has revealed a remarkable bet on crypto-linked investments, disclosing $96 million in spot Bitcoin
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1979.83, down 0.3% (-5.15) since 4 p.m. ET on Monday. Thirteen of the 20 assets are trading higher. Leaders: APT (+1.6%) and AAVE (+1.5%). Laggards: BCH (-2.2%) and XRP
In a powerful vote of confidence for the maturing digital asset sector, premier Web3 venture capital firm Dragonfly has successfully closed its fourth fund, securing a formidable $650 million in committed capital. This significant raise, first reported by Fortune in May 2025, arrives at a pivotal moment for blockchain technology, underscoring a strategic, long-term institutional
UAE-regulated Fuze, a leading digital assets infrastructure provider, has expanded into the Kingdom of Jordan after receiving approval to join the Central Bank of Jordan regulatory sandbox for Financial technology and innovation (JoRegBox). Within the sandbox, Fuze will test digital financial products in a real operating environment with real customers, under the supervision and oversight
United States Representative Lisa McClain from Michigan and chair of the House Republican Conference, is facing renewed scrutiny over a family investment in Elon Musk’s xAI. The investment occurred shortly before announcements revealed expanded U.S. military involvement with the company. Details of the trade indicate that on January 8, 2026, McClain disclosed that her husband
Global investors are rotating into FTSE 100 and FTSE 250 as stretched US equity valuations, sector mix, yields, and FX stability make UK stocks look undervalued. Summary International investors are reallocating from expensive US mega-caps into FTSE 100 and FTSE 250 as valuation spreads widen. UK indices offer lower price-to-earnings ratios, higher dividends, diversified sectors,
Tesla (NASDAQ: TSLA) stock is approaching a critical technical inflection point that could determine whether the recent pullback stabilizes or accelerates into a deeper correction. In a February 17 post on X, market analyst Ali Martinez identified $399 as a key support level for TSLA shares. Should the electric vehicle (EV) giant plunge below the
In a significant move for cryptocurrency-linked equities, Mizuho Securities has sharply lowered its price targets for both MicroStrategy (MSTR) and Coinbase (COIN), triggering a fresh wave of analysis about the sector’s valuation landscape in early 2025. This adjustment, reported by Walter Bloomberg, represents a notable shift in institutional sentiment and demands a thorough examination of