Category: Business

After selling a significant portion of its crypto stash over the past months, Ethereum-focused treasury firm ETHZilla has now added jet engines to its balance sheet. A Friday filing to the U.S. Securities and Exchange Commission (SEC) shows that the company bought two CFM56-7B24 aircraft engines for $12.2 million through a newly formed subsidiary, ETHZilla

As Congress debates crypto market structure legislation, one issue has emerged as especially contentious: whether stablecoins should be allowed to pay yield. On one side, you have banks fighting to protect their traditional hold over consumer deposits that underpin much of the U.S. economy’s credit system. On the other side, crypto industry players are seeking

The total value of tokenized U.S. Treasuries has surpassed $10 billion for the first time, following a strong week of interest in modern real-world asset instruments. On-chain data from RWA.xyz showed that the total value has increased by around 7.59% over the past seven days. The data revealed that the total value of U.S. Treasuries

More than a decade after the first stablecoins emerged, the U.S. dollar still reigns supreme in crypto. The stablecoin market has grown to more than $306 billion in total capitalization, data from DefiLlama shows. According to JPMorgan, around 99% of the stablecoin market remains U.S. dollar‑denominated. USD-pegged stablecoins’ dominance is half inertia and half convenience,

Crypto’s IPO market is back, but the companies leading the charge aren’t the ones most exposed to token volatility. BitGo priced its initial public offering on Jan. 21 at $18 per share, raising $212.8 million and valuing the custody platform at $2.08 billion. Shares opened the next day at $22.43, a 24.6% jump that pushed

US President Donald Trump threatened to impose a 100% tariff on Canada if it moves to a trade deal with China. In a harsh statement made via Truth Social, Trump said he would not allow Canada to become a “transit point” for Chinese goods to the US. In his post, Trump stated, “If Mark Carney

The Chief of Google DeepMind has called out a bubble-like pattern in the AI sector. The AI-specific crypto market has declined. More factors have likely contributed to its plummet. Demis Hassabis, Google DeepMind Chief, has flagged the appearance of a ‘bubble-like’ pattern in parts of the AI industry. His statement comes after Microsoft’s chief flagged

Money keeps flowing into cryptocurrency companies even as President Donald Trump’s policies shake up financial markets around the world. During the third week of January alone, investors put $362 million into 14 different crypto startups. That brings this year’s total past $1 billion, according to numbers from DeFiLlama. Early-stage investors hold steady The steady funding

The Economic growth of the UAE would be good based on the latest projections of the World Bank. It projected 5% growth of the GDP in 2026 and 5.1% growth in 2027. Plus, it put UAE significantly above the world average in growth. It brought out the strengths of the country to remain strong amidst

Cathie Wood’s ARK Investment Management has taken a bold step into diversified cryptocurrency investment products by filing with U.S. regulators to launch two new exchange‑traded funds (ETFs) tied to the CoinDesk 20 crypto index, a major milestone in bringing broader crypto market exposure into traditional markets beyond just Bitcoin. The filings, submitted to the U.S.