Billionaire venture capitalist Chamath Palihapitiya warns that the Fed is on track to repeat past mistakes this year amid flawed data and slow policy responses. Palihapitiya says on the social media platform X that the Fed has a track record of being late when it comes to adjusting interest rate policy based on changing economic
Robinhood Markets will officially join the S&P 500 on Sept. 22, replacing Caesars Entertainment, as part of the quarterly rebalancing of the index. The inclusion, announced by S&P Dow Jones Indices on Friday, brings another crypto-adjacent company to America’s most tracked stock index, further expanding the benchmark index’s exposure to the crypto sector. “This movement
Global investors have parked a record $7.4 trillion in money market funds, marking an all-time high. While this defensive positioning highlights caution across risk assets, such cash piles rarely stay idle for long. With the Federal Reserve poised to decide on rate cuts next week, even a modest shift of this capital could have a
Eric Trump has declared that cryptocurrency investors are “on the one-yard line” of a financial revolution, urging people to embrace digital assets before explosive growth occurs. Speaking remotely from New York to a crypto event by Upbit in Seoul, the Trump Organization executive vice president positioned Bitcoin as the ideal hedge against traditional real estate
Africa is not just catching up in Web3, it’s setting the pace. This is the argument from Gideon Greaves, Head of Investments at Lisk, who spoke to BeInCrypto during the ETHSafari 2025 in Nairobi. Greaves believes the continent’s unique mix of necessity-driven innovation, grassroots entrepreneurship, and rising VC (venture capital) interest is turning it into
Weak US employment data, new tariffs, the war in Europe and the Middle East, and the political crisis in France have increased global uncertainties this week. While gold is climbing to record highs, Bitcoin maintains its high correlation with the tech-heavy Nasdaq 100 index. Cryptocurrency research firm Ecoinometrics, in its assessment of X, said, “Bitcoin’s
U.S. money market funds currently hold over $7 trillion, which some analysts believe could soon be rotated into various asset classes, including cryptocurrencies, potentially fueling the next leg higher in bitcoin BTC$112,005.21 and the alternative cryptocurrencies (altcoins). A money market fund is a type of mutual fund that invests in high-quality, short-term debt instruments, such
Cathie Wood’s ARK Invest bought more shares in Tom Lee’s Ether treasury firm BitMine as the crypto treasury hit a milestone in Ether holdings. ARK Invest purchased 101,950 shares worth around $4.4 million in BitMine Immersion Technologies (BMNR) on Monday, spread across three funds: The Ark Innovation ETF, which now holds a 2.6% allocation to
Eightco Holdings Inc. shares surged more than 3,000% Monday after the obscure e-commerce firm announced plans to build a treasury around Worldcoin—and secured a $20 million investment from crypto miner BitMine. The stock hewed to its Friday closing price of $1.43 in pre-market hours and closed at $45.08. It surged as high as $83.12, earlier