Stocks rallied in early-morning trading on Wednesday, with the Dow Jones Industrial Average adding more than 200 points at the open. Investors appeared to welcome President Donald Trump’s announcement that the U.S. had reached a trade deal with Japan. The Dow Jones Industrial Average rose nearly 240 points, and the S&P 500 inched higher by
Bank of New York Mellon (BNY) and Goldman Sachs (GS) are rolling out tokenized money market funds for clients as digital asset adoption is accelerating. BNY, which is one of the oldest and largest custody banks in the world overseeing $53 trillion of assets, announced on Wednesday to start offering institutional investors token versions of
Jack Dorsey’s Square (XYZ) has begun the rollout of bitcoin payments for merchants on its network. Square began onboarding the first sellers, enabling them to accept Lightning Network-powered BTC payments from customers, Owen Jennings, executive officer at Square’s parent company Block (XYZ), posted on X on Tuesday. Payments are settled in real-near time using Bitcoin
The Spanish coffee chain Vanadi coffee made a Bitcoin purchase as it continues to stockpile the asset for its dedicated reserves. How much BTC does it have now? Summary Vanadi Coffee bought two additional BTCs to its reserves, bringing the total to 76 BTC. The Spanish coffee firm accelerated its BTC treasury strategy amidst suffering
With only a week left until the highly anticipated FED interest rate decision, cryptocurrency company Matrixport has published its new analysis. At this point, Matrixport stated that cryptocurrency investors should be careful in the short term. Analysts pointed out that open interest and funding rates, especially in Bitcoin futures, are increasing together, and that the
Bitcoin trades at $118,598 today, positioning itself within a relatively narrow range as traders assess near-term direction. With a market capitalization of $2.35 trillion and a 24-hour trading volume of $47.75 billion, bitcoin fluctuated between $117,979 and $120,222 in intraday action, signaling consolidation amid broader bullish undertones. Bitcoin The daily chart reveals bitcoin has remained
Bitcoin reaching a $1 million valuation, once a fringe projection, has gained analytical grounding across financial models tied to supply shocks, institutional adoption, and long-term capital migration. While that price remains far from guaranteed, recent analyses have raised the probability of a seven-figure print within the next decade, anchored around the post-2028 halving window and
Bitcoin is trading around $118,700 as of July 23, consolidating after breaking out of a textbook inverse head and shoulders pattern visible on the daily chart. The neckline break above $112,000 was confirmed last week, and price has since pushed to a local high of $120,180 before stalling. Traders are now assessing whether BTC can
VERT, a Brazilian securitization and fund manager, said on Wednesday it debuted a blockchain-based platform to handle private credit transactions on the XRP Ledger (XRP) and its Ethereum-compatible sidechain, bringing more tokenized real-world assets to the ecosystem. The platform’s first transaction was the issuance of a BRL 700 million, or $130 million, Agribusiness Receivables Certificate
XRP is now larger than some of the biggest companies in the world, and its most staunch investors believe that it’ll be in the top 10 assets “sooner than many might think.” Now the third-largest cryptocurrency, XRP is the 91st largest asset in the world, according to InfiniteMarketCap, with a market cap of $203.89 billion.