The Nasdaq stock exchange halted trading of American Bitcoin (ABTC) shares five times Wednesday as volatility spiked on the stock’s relisting debut. Shares of ABTC, a Bitcoin (BTC) mining company co-founded by Eric Trump and Donald Trump, Jr., climbed by nearly 85%, hitting a high of $14 per share during intraday trading, following American Bitcoin’s
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Buzz around crypto-linked stocks has proved unrelenting. As shares of such companies continue to hit major exchanges, a few more could also join one of the best-known indexes. Shares of American Bitcoin — a self-labeled “bitcoin accumulation platform” backed by the
SoFi Technologies has unveiled an Agentic AI ETF (AGIQ), its first after nearly two years. The ETF tracks the BITA U.S. Agentic Select Index, which covers 30 U.S.-listed firms that target AI, including Nvidia and Deere, with a 0.69% expense ratio. Agentic AI ETF targets to capture firms involved in developing or deploying agentic AI
Global Gold, the modern monetary infrastructure for the world’s gold economy, today announced a strategic partnership with The Wyoming Reserve, a 70,000 square-foot facility with Class 3 vaults in Casper, Wyoming. The partnership establishes Wyoming Reserve as Global Gold’s primary U.S. vaulting partner, enabling the minting of fully allocated, insured, and independently audited physical gold
The world of digital assets is constantly evolving, and a recent development is set to transform how we view creative ownership. Story-based IP tokenization platform Aria has successfully secured a significant $15 million in funding, achieving an impressive $50 million valuation. This strategic investment, as reported by The Block, marks a pivotal moment for the
The world of digital finance is abuzz with news that signals a significant leap forward for Ethereum institutional adoption. Etherealize, a startup with deep roots in the Ethereum ecosystem and previously backed by the Ethereum Foundation and its founder Vitalik Buterin, has just announced a massive $40 million funding round. This substantial capital injection is
In a significant development for the digital asset space, Utila, a key player in stablecoin infrastructure, has successfully raised an impressive $22 million in a Series A extension round. This substantial funding injection highlights the growing investor confidence in firms building the foundational layers of the cryptocurrency ecosystem. For anyone tracking the evolution of digital
Galaxy Digital CEO Mike Novogratz said that AI agents will soon become the top users of stablecoins. During an interview with Bloomberg published on Wednesday, Novogratz said that “in the not-so-distant future, the biggest user of stablecoins is going to be AI.” He said he expects users will be able to ask an AI to
The Beige Book report published by the FED gave important signals about the economic outlook across the country. The report found that prices rose modestly in most regions, while employment levels remained generally stable. Business confidence varied across regions. Ten of the Fed’s 12 districts described price increases as “moderate” or “medium,” while two districts