Category: Business

The Dow Jones Industrial Average fell nearly 500 points as stocks opened lower on Tuesday, with the market reacting further to mounting trade tensions between the United States and China. Summary Dow Jones slipped 500 points as stocks extended losses on Tuesday. Investor sentiment flipped negative as China responded to U.S. trade war moves. Bitcoin

Nvidia shares drop nearly 4% amid rising AI chip competition. AMD partners with Oracle on new AI “supercluster” powered by MI450 chips. Broader US markets fall as China imposes sanctions on US subsidiaries. Nvidia stock fell sharply on Tuesday as investors weighed fresh competitive threats in the artificial intelligence chip market and broader weakness across

Crown, a São Paulo–based fintech focused on programmable money in emerging markets, has raised $8.1 million in seed funding to launch BRLV, a stablecoin pegged to the Brazilian real (BRL) and fully backed by Brazilian government bonds. The round was led by Framework Ventures, with participation from Valor Capital Group, Coinbase Ventures, Norte Ventures, Paxos,

Circle (CRCL) is the most important player in the stablecoin ecosystem, according to investment bank William Blair, which initiated coverage on the company with an “Outperform” rating and a long-term bullish thesis. The firm sees Circle as a central force in the transition from fiat to blockchain-based payments, particularly in cross-border B2B transactions, a market

Circle has announced a strategic partnership with Safe to make the USDC stablecoin a central component of Safe’s onchain ecosystem, positioning Safe as a premier institutional storage and decentralized finance (DeFi) solution for USDC custody. Safe and Circle Join Forces The collaboration aims to integrate Circle’s (NYSE: CRCL) regulated stablecoin infrastructure with Safe’s multisignature smart

Stablecoins are rapidly moving from niche products to core payment infrastructure, according to asset management giant DWS. With a combined market cap above $250 billion and transaction volumes outpacing Visa (V) and Mastercard (MA), they’ve become liquid, globally traded assets favored by institutions, DWS said in the report last week. Euro stablecoins are setting new

BlackRock (BLK), the asset management giant overseeing more than $13 trillion of assets, is ramping up efforts to bring traditional finance (TradiFi) onchain, seeking a bigger role in tokenization as a way to unlock access to markets and streamline how assets are traded. Teams across the firm are exploring how to use tokenization to make

As is known, the FED resumed the interest rate cuts it had paused in 2025 in September and decided to cut them by 25 basis points. While the Fed is expected to cut interest rates one or two more times by the end of 2025, Fed Chair Jerome Powell will deliver a highly anticipated speech

Wall Street broker Bernstein said Circle (CRCL) could take a revenue hit if U.S. rates fall sharply, but strong stablecoin demand and operating leverage may help soften the blow. Every 25 basis point drop in rates would trim 2027 revenue by about 9% and EBITDA by 11%, with rates below 2% implying $668 million in

Sharp traders on Polymarket are securing risk-free gains by exploiting mispriced odds and lightning-fast trades, while most users struggle to keep up. Arbitrage strategies, from sweeping nearly certain outcomes to capturing market imbalances, are quietly driving millions in profit behind the scenes. Decentralized prediction markets now attract retail and professional money, intensifying the race for