The Magnificent 7 collectively reached a combined market capitalization of $20.8 trillion, surpassing the EU’s GDP of $19.4 trillion. The GDP of the European Union stood at USD 19.42 trillion in 2024 and was expected to increase slightly to over USD 19.65 trillion in 2025. The European Commission revealed that the spring forecast projected real
An asset manager known for exchange-traded funds geared toward risk-embracing investors wants to ratchet up the possibilities for these thrill-seekers, filing an application for 49 funds offering three times long and short leveraged exposure to tech and crypto-focused firms, gold, and ETFs that individually track the price of Bitcoin, Ethereum and Solana, among other assets.
President Donald Trump said this week that his administration is exploring a “distribution” of as much as $2,000 apiece to the American people on account of the funds generated by his tariff policies. “We also might make a distribution to the people, almost like a dividend to the people of America,” the president said in
Digital asset treasury (DAT) companies that tokenize their stocks on the blockchain compound the risks to investors and their own businesses, according to several crypto industry executives. “Blockchains trade 24/7, whereas traditional markets have specific hours of operation,” Kadan Stadelmann, chief technology officer of the Komodo decentralized exchange platform, told Cointelegraph. Sharp onchain price movements
Ever get the feeling that the world is spinning faster than at any point in living memory? If you haven’t, you’re not looking at the right data. In today’s new economic order, holding real, tangible assets isn’t a preference; it’s a necessity. As the Fed cuts rates into persistent inflation and the deficit spending sits
Tether, the issuer of USDT, the largest stablecoin, is close to making its Wallet Development Kit open-source. Tether CEO Paolo Ardoino expects the new product not only to catalyze massive adoption of self-custody wallets, but also to bring “pure freedom” to users. Trillion wallets, no strings attached: Tether’s Paolo Ardoino on game-changing release Wallet Development
Cryptocurrencies have gained significant traction across the globe over recent years. The idea of cryptocurrency investment fascinates many people with the potential for massive earning opportunities. However, digital currencies have their unique challenges that are absent in conventional investments. Particularly, prices can shift abruptly, crypto regulations are still in the development phase, and these investments
Twelve years after launching as a cryptocurrency exchange, Mercado Bitcoin aims to be something entirely different. Less focused on price charts and trading pairs, the São Paulo-based company now talks more about Brazil’s central bank’s PIX payments, digital fixed income, and streamlined remittances. Mercado Bitcoin’s head of corporate development, Daniel Cunha, told CoinDesk in an
Robinhood’s decision to list Strategy’s four preferred stocks marks a rare break from its own investment policies — and could strengthen Michael Saylor’s bitcoin playbook without diluting holders of the firm’s common stock, MSTR. Robinhood’s rare policy shift The brokerage began offering trading in four Strategy (MSTR) preferred stocks on Oct. 2, with tickers STRC,