Bitcoin traded around $64,000 on July 25 after changing hands near $65,000 around the ECB’s July 23 decision as the central bank kept rates unchanged, its bond portfolios continued shrinking, and euro-area banks tightened access to business and housing credit. The ECB kept its three key interest rates unchanged, leaving the deposit facility rate at
Forget the stereotype of young investors chasing meme trades. According to Binance Research, Gen Z investors are entering financial markets earlier than previous generations and they’re doing it with surprising discipline. Rather than leaning into speculation, many are building portfolios around established technology companies while increasingly embracing TradFi products offered through crypto-native platforms. Early Investing
JP Morgan Asset Management released a comprehensive report on ETFs and how they play a huge part in keeping the whole financial market alive. As per the report, JP Morgan was the largest active ETF issuer with $300 billion in assets under management (AUM). The firm had ETF flows of over $48 billion across 44
Strive’s SATA preferred shares have recovered nearly 16% from their June low to about $97, prompting Jan3 CEO Samson Mow to predict that the rebound could help Strategy’s STRC return to its $100 par value. Yahoo Finance data show SATA has climbed from $83.30 and now trades within roughly 3% of the level it was
Strategy’s STRC preferred stock has become the largest holding in three major U.S. preferred stock ETFs, which collectively own $756 million of the security even as its price remains about 13% below its $100 par value. Michael Saylor, Strategy’s co-founder and executive chairman, disclosed that STRC now leads the portfolios of BlackRock’s iShares Preferred and
Memecoin.Fun, a meme coin launchpad built on Robinhood Chain, has raised $3.5 million in a funding round led by Becker Ventures. The investment, which also included participation from BitValue Capital, Mason Labs, and Negentropy Capital, signals growing institutional interest in infrastructure designed for the volatile but popular meme coin market. Funding Details and Use of
Amid a wave of selling pressure across the crypto market, Tether Gold is gaining attention due to observations made by prominent analyst Willy Woo. In his recent tweet, Woo pointed out that a whale buyer of Tether Gold may be offering hidden insights into movements in gold prices. This commentary highlights the relevance of large
For quite some time, Michael Saylor has robustly advertised himself around Bitcoin, which has built his strongest image of Bitcoin advocate that revolved around one simple strategy that is to buy as many BTC as possible and don’t look back. That’s what everyone knew until he decided to do things a bit differently in the
Earlier today, the Solana Foundation tweeted about the advantages of using stablecoins as payment protocols for building AI tools or agents. This tweet underscores the growing importance of stablecoins in the evolving landscape of digital finance and technology, emphasizing their simplicity and efficiency in transactions. For more details, check their official tweet here. The Latest