“Capital goes where it’s treated best.” — Wall Street folk wisdom In this century full of Big Tech successes, Europe’s only big success is Spotify, whose shares are listed on the New York Stock Exchange. I mention this because New York is not in Europe. Spotify was founded in Sweden, incorporated in Luxembourg and keeps
Mastercard’s Chief Product Officer Jorn Lambert says stablecoins are still far from becoming a mainstream payment option. This comes despite all the buzz surrounding the technology. During a call with analysts on Monday, Lambert said stablecoins boast incredible technical potential — fast transactions, 24/7 uptime, low fees, programmability, and immutability. But those features alone don’t
Coinbase stock hit an all-time high on Monday—echoing Bitcoin’s own record move—just short of $400, the price target set by Argus Research in a note published earlier in the day. Analysts Kevin Heal and Masako Inagaki labeled the crypto exchange a buy, calling it “promising,” despite its premium valuation. The stock closed at $394.22 on
Cathie Wood’s innovation-focused ARK Invest has sold off a large number of shares in several companies to load up on one Big Tech stock. Data from Cathiesark.com, which tracks the investment firm’s equity holdings and trades, shows that ARK Invest sold $6.3 million worth of top US crypto exchange Coinbase (COIN) on July 10th. The
Ripple and Circle are now applying for national trust bank charters, a sign that the crypto industry is moving closer to the heart of traditional finance. This move also comes at a time when regulatory pressure on crypto has started to ease under President Donald Trump’s administration. In March, just when Donald Trump’s presidency was
Not even a “MechaHitler” meltdown was enough to scare off the Pentagon, apparently. Just days after xAI’s Grok chatbot generated a stream of antisemitic and homophobic responses, Elon Musk’s company announced that it secured a $200 million defense contract to develop and supply AI tools to federal workers. The Department of Defense’s Chief Digital and
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Are we back? BTC is at a new all-time high of $121k, ETH is back above $3k, and Aave just crossed $50 billion in TVL. But probably most significant of all is the return of initial coin offerings (ICO). This past Saturday