President Donald Trump is scheduled to deliver an announcement from the Oval Office today, as per the White House. Markets are watching for any details of the meeting with Chinese President Xi Jinping, latest US-China trade lists, and comments on artificial intelligence ahead of Tuesday’s “Golden Age” event. More Than Just News Content, live market
Hong Kong-based stablecoin payments company RedotPay has completed a financial audit, a required step toward a U.S. initial public offering, as it pushes ahead with plans to take the business public, it said in a press release Monday. The company also completed a separate review of its anti-money-laundering and counter-terrorist-financing controls. Both were conducted by
U.S. spot solana exchange-traded funds attracted a record $188 million last week, with Bitwise’s BSOL taking about two-thirds of the money as every fund in the group recorded inflows. BSOL brought in roughly $128 million during the five sessions through Sept. 25. Grayscale’s GSOL followed with $28 million and Fidelity’s FSOL with $18 million, according
TSMC investors received another strong signal on Monday that demand for the company’s next-generation chips is accelerating faster than expected, even as the stock has stopped reacting aggressively to every bullish AI datapoint. Industry reports suggest Apple, Nvidia and other major customers have increased orders for TSMC’s 2-nanometre family by 10% to 20%, pushing expected
A $202 billion U.S. Treasury coupon settlement on Sept. 30 will test overnight financing at quarter-end. The Federal Home Loan Bank of New York says the market is calm for now but warns that net new supply could lift repo borrowing rates. Whether that pressure reaches Bitcoin is a separate, unobserved question. The Treasury calendar
The cryptocurrency market experienced a turbulent week amid concerns over the possibility of peace between Iran and the US, a major Bitget hack, and the possibility of the Fed raising interest rates again. Bitcoin, the world’s largest cryptocurrency, has gained over 4% in value over the past week, while most altcoins, with a few exceptions,
The continued resilience of employment and consumption in the US economy strengthens expectations that the Fed may keep interest rates at high levels for a longer period. According to Bloomberg and Reuters surveys, economists expect non-farm payrolls in the US to increase by approximately 90,000 and 100,000 respectively in September. The unemployment rate is estimated
Buying a tokenized stock sounds as though it should be simple. You pick a company you know, buy a token representing its shares, and hold it in a digital wallet. The appeal is familiar stock investing with some of the convenience of crypto, potentially including trading beyond the hours of a traditional exchange. Then you