Today, Semler Scientific (Nasdaq: SMLR) shares rose over 2.64% to $35.37 after the company released its second quarter 2025 financial results, reporting an increase in net income driven by unrealized gains from its Bitcoin holdings. Semler Scientific Reports Second Quarter 2025 Financial Results, BTC Holdings of 5,021 and BTC Yield of 31.3% YTD through July
Grayscale Investments has expanded its executive team and board as part of its “next phase of growth,” adding four financial industry veterans to key leadership roles and reappointing founder Barry Silbert as board chairman. The expanded leadership team includes Diana Zhang as chief operating officer, Ramona Boston as chief marketing officer, Andrea Williams as chief
Bridgewater Associates founder Ray Dalio says the US government needs to rethink how it comes up with its economic data. Over the weekend, President Donald Trump fired the head of the Bureau of Labor Statistics, Erika McEntarfer, because of a large downward revision of job numbers. On Friday, the BLS revised down the job growth
During the months-long debate over stablecoin legislation this spring, crypto industry leaders tried, and failed, to notch a key victory: getting lawmakers on board with interest-bearing stablecoins. The GENIUS Act, which formally legalizes approved stablecoins in the U.S. and was signed into law last month, now prohibits stablecoin issuers from engaging in the increasingly common
Verb Technology will use $558 million in proceeds from a private placement to begin stockpiling and staking Toncoin, the Las-Vegas based marketer said in a press release on Monday. The cryptocurrency, which serves as the native token of the Telegram-linked The Open Network, will be treated as the company’s “primary treasury reserve asset,” it said—representing
FED San Francisco Branch President Mary Daly made noteworthy statements about interest rate cuts. Daly said monetary policy adjustments would be discussed “immediately” at each Fed meeting going forward, but noted there was still significant uncertainty about whether a rate cut would occur in September. While Daly stated, “Two interest rate cuts would still be
As RWAs cement themselves as crypto’s second-fastest-growing sector, a who’s-who of fintech and blockchain heavyweights are launching Ascend, a hyper-selective program designed to turn startups into the standard-bearers of institutional adoption. Summary Ascend is a new elite accelerator for real-world asset (RWA) startups with live products and institutional goals. Backed by Odisea, Plume, Galaxy Ventures,
Figure Technology Solutions said on Monday it has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) to go public later this year. Figure is joining a growing list of digital asset firms aiming to go public, seeking capitalizing on the booming cryptocurrency and stock markets and recent U.S. regulatory advancements after Donald
According to a Morgan Stanley Research survey, only 12% of the banking giant’s EU interns now own Bitcoin. For comparison, 63% of them held the largest cryptocurrency in 2022. There has been a massive drop-off in cryptocurrency ownership, with a whopping 82% of the total respondents claiming that they do not hold digital currencies at