An exchange-traded fund from crypto asset manager Grayscale that tracks the price of XRP, Solana, and Cardano—along with Bitcoin and Ethereum—was primed for its debut on the New York Stock Exchange, following long-sought approval from the SEC. In an order on Wednesday, the regulator permitted the listing and trading of Grayscale’s Digital Large Cap Fund
Intel (NASDAQ: INTC) and Nvidia (NASDAQ: NVDA) announced a new partnership on Thursday, September 18, working on several generations of custom data center and computing chips designed to boost performance in hyperscale, enterprise, and consumer applications. As part of the collaboration, Nvidia, the undisputed leader of the semiconductor sector, will also invest $5 billion in
U.S. stocks edged up on Thursday morning as Nvidia bet on Intel, with the S&P 500 extending gains above 6,600. Wall Street held onto the upbeat sentiment that followed the Federal Reserve’s signal of further interest-rate cuts. Summary S&P 500 rose 0.4% as the benchmark index looked to set another record high. Treasury yields dipped
Circle share price has come under intense pressure in the past few months. The Federal Reserve interest rate cuts will impact the company. The GENIUS Act mandated stablecoin issuers to only invest in short-term government bonds. The Circle stock price has pulled back in the past few months, moving from the record high of $298.54
Global inflation persists, and fiat currencies weaken. Crypto emerges as an “inflation hedge” for millions of investors seeking to protect their wealth. MEXC’s report indicates that economic stress, cultural factors, and market cycles influence crypto adoption. It also highlights significant contrasts between regions. No One-Size-Fits-All Approach for Global Adoption As inflationary pressures and currency weakness
Exciting news is rippling through the decentralized finance (DeFi) world! A significant development has just been announced that could reshape how investors approach digital assets. The innovative DeFi fund, iZUMi Finance, has officially launched a substantial iZUMi Finance crypto fund, amounting to an impressive $20 million. This groundbreaking initiative is a direct result of a
There’s little doubt that Tether has conquered the world with USDT. With a market cap of $171 billion, it outpaces all other stablecoins combined. Earlier this month, Tether introduced a new U.S. dollar stablecoin, USA₮, to compete with USDC in the domestic market under U.S. law. The company named Bo Hines to lead its U.S.
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Titan announced today a $7 million seed round led by Galaxy Ventures, with participation from Frictionless, Mirana, Ergonia, Auros, Susquehanna and several angels. “At Galaxy Ventures, we look for teams working to build foundational infrastructure with long-term impact,” said Will Nuelle, general