Category: Business

Charles Schwab Corp. shares rose after second-quarter earnings beat expectations. The company delivered a strong performance, fueled by a new record high in client assets and a surge in trading revenue. Schwab reported adjusted earnings of $1.14 per share, while total client assets rose 14% year-over-year to $10.76 trillion. Revenue from client transactions rose 23%

The stablecoin economy expanded by $3.533 billion over the past week, pushing its total valuation past the $260 billion mark for the first time in history. DeFi and Payments Fuel Stablecoin Growth to Unprecedented $260 Billion As of July 19, 2025, data from defillama.com places the stablecoin market’s valuation at $260.571 billion. The sector expanded

India’s wealthiest investors are making a significant move into crypto, with top exchanges like CoinDCX and Mudrex reporting a sharp increase in trading volumes from high-net-worth individuals (HNIs) and family offices. This transition follows the latest rally in Bitcoin and Ethereum, with leading Indian exchanges reporting a significant uptick in HNI activity. The ongoing U.S.

Michael Saylor’s Strategy, previously known as MicroStrategy, has now broken into the top 10 largest U.S. corporate treasuries, surpassing NVIDIA in the process. This is thanks to the recent Bitcoin rally, with the company holding BTC as its primary reserve asset.

Economist Henrik Zeberg has cautioned that Strategy (NASDAQ: MSTR), formerly known as MicroStrategy stock, might implode due to its exposure to Bitcoin (BTC). According to Zeberg, the stock could soon present “the greatest shorting opportunity,” he said in an X post on July 18. Meanwhile, MSTR stock is showing weakness in the short term, having

Some U.S. banks are panicking over a growing threat: stablecoins. They’re not worried about volatility or speculation; they’re worried about losing trillions in customer deposits. This week, that anxiety got louder after lawmakers in Washington passed the GENIUS Act, a bill that lays out legal rules for stablecoins in the U.S. The House of Representatives

A billionaire who made his fortune at Tiger Global just poured more than $300 million into a high-growth stock that’s skyrocketed over the last year. Karthik Sarma, who now spearheads SRS Investment Management, sold all of the hedge fund’s massive investment in Nvidia (NVDA) between Q1 of 2024 and Q1 of 2025. Now, new 13F

Jack Dorsey’s Block Inc. is set to become the second crypto company to join the S&P 500 following Coinbase, which joined earlier this year. Dorsey’s fintech company provides Bitcoin payment services and also mines BTC as part of its operations.

Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: We dig into who exactly is holding Strategy’s Bitcoin billions, both Coinbase and Strategy rack up stock records, and more companies make crypto treasury moves. Custody short list There isn’t a public list of the custodians holding

Several U.S. banking associations are urging federal regulators to reconsider the idea of granting national banking licenses to crypto-related entities.