Former Evolve Bank and Trust CEO Robert Hartheimer has reportedly been arrested for possession of child pornography, and also faces charges related to the buying and selling of children, according to fintech journalist Jason Mikula. The loss of yet another CEO comes at a difficult time for the Arkansas-based bank, which has been struggling since
REX Shares unveiled an exchange-traded fund on Friday that will try to turn price swings into weekly income for some of the U.S. market’s most volatile stocks, including crypto-focused companies. The product, dubbed the REX IncomeMax Option Strategy ETF, follows a hedge-fund style strategy to provide cash flow through option premium income, the company said
US stocks opened higher on Friday,with S&P 500 and Nasdaq Composite posting decent gains as Wall Street cheered strong earnings results from Big Tech giants Apple (AAPL) and Amazon (AMZN). Summary S&P 500 gained 0.6% and Nasdaq soared 1.2% as US stocks opened higher on Friday. Apple and Amazon stocks jumped 2% and 12% respectively
Christine Lagarde, the President of the European Central Bank (ECB), has publicly set a target for a first issuance of the digital euro in 2029, provided the necessary legislation is adopted by the EU in 2026. The ECB also plans a pilot phase starting in mid-2027. The project has now advanced from the preparation phase
Key Notes Cryptocurrency products recorded $764 million in net inflows during Q3 2025, representing approximately 34% of WisdomTree’s total quarterly inflows. WisdomTree’s AUM reached a record $137.2 billion in Q3 2025, marking an 8.8% increase from the previous quarter driven by crypto demand. WisdomTree launched a Stellar Lumens ETP and made its Bitcoin and Ethereum
As of 2025-10-31, the market for tokenized assets is spotlighted by a new institutional projection that frames rapid expansion and regulatory drivers. Summary What is the projected tokenized asset market size? How will tokenized asset change DeFi lending markets? How does DeFi lending affect liquidity and yields? Does tokenized asset ethereum dominance matter? What is
Tether USDT$0.9997, the issuer of the world’s largest stablecoin, said on Friday its net profits surpassed $10 billion for this year as its flagship token swelled to a $174 billion market cap in the third quarter of 2025. According to the firm’s latest attestation signed by accounting firm BDO Italy, the company ended the quarter
Coinbase’s (COIN) expectations-busting third-quarter earnings report drew a range of responses from Wall Street analysts, highlighting sharp differences in expectations for the crypto exchange’s long-term growth and ability to manage costs. The company posted $1.05 billion in transaction revenue and $801 million in adjusted Ebitda, both ahead of consensus estimates. Analysts across the board agreed
Investment bank Macquarie upgraded Core Scientific (CORZ) to outperform from neutral and hiked its price target on the stock nearly 90% to $34 from $18 following the collapse of the CoreWeave (CRWV) deal. The failed merger between Core Scientific and CoreWeave came as no surprise after reports and proxy recommendations pointed to shareholder opposition, analysts
If it’s possible for a central bank to cut rates and still be hawkish, the U.S. Federal Reserve accomplished that this week. In his post-meeting press conference Wednesday, Fed Chairman Jerome Powell hit markets with an unexpected broadside, insisting that a December rate cut was far from a done deal. The reaction was swift, with