Rick Rieder, a senior executive at BlackRock Inc., has emerged as a likely candidate to take over the position after Fed Chair Jerome Powell’s term expires in May. Treasury Secretary Scott Bessent held a two-hour meeting with Rieder in New York yesterday, according to an official familiar with the matter. The meeting focused on monetary
ULTILAND, a renowned cultural RWA ecosystem, has collaborated with Cwallet, an inclusive Web2.5 wallet provider. The partnership is set to merge the cultural asset ecosystem of ULTILAND with the secure payment infrastructure and wallet of Cwallet. As mentioned in ULTILAND’s official social media announcement, the collaboration focuses on developing exclusive opportunities for consumers. Keeping this
The world of decentralized finance is buzzing with exciting news: prediction market leader Polymarket is making headlines with a monumental new funding round. This development signals a significant leap forward for the platform, which is now reportedly valued at an astounding three times its previous assessment. This substantial Polymarket funding is set to reshape the
The big upside action in major cryptos of late has been in altcoins such as solana SOL$240.86 and dogecoin DOGE$0.2717, with SOL sporting a 17% gain over the past seven days and DOGE a 25% advance. Among the bullish arguments are coming ETFs and newly-formed crypto treasury companies focusing on those two tokens. Mostly forgotten
Bitcoin (BTC) as a treasury asset gained traction with Michael Saylor’s business intelligence firm, Strategy. The huge unrealized gains possibly sparked the interest of Metaplanet, the Japanese firm often dubbed “Japan’s MicroStrategy” to follow the same playbook. Metaplanet’s stock price surge signals bubble-like pattern Metaplanet, which began its Bitcoin accumulation in April 2024, now ranks
On Sept. 12, 2025, bitcoin traded near the upper end of the day’s range between $114,834 and $115,269 as traders gauged momentum into known resistance levels. Bitcoin On the daily bitcoin chart, price has recovered from the early-September dip near $107,270 and is stair-stepping higher toward the $116,500 to $118,000 area that capped rallies in
Gemini debuted on the Nasdaq at a roughly $4.4 billion valuation on Friday, as the crypto exchange’s shares immediately jumped above their initial offering price. The Winklevoss twins-founded firm’s stock opened at $37.01 apiece, a 32% increase compared to its upped IPO price of $28, according to Yahoo Finance. That initially gave Gemini a $3.32
Shares of Gemini (GEMI) opened at $41 a share on the Nasdaq Global Select Market on Friday, rising 45% from last night’s IPO price. The crypto exchange, which is run by Tyler and Cameron Winklevoss, priced its IPO at $28 a share, valuing the company at around $3.3 billion. It had sold 15.2 million shares,
JPMorgan Chase US chief economist Michael Feroli said he expects the Fed to cut interest rates by 25 basis points next week. Feroli noted that some members wanted a larger rate cut, but none favored leaving rates unchanged. He also noted that the Fed’s dot plot projections are expected to project another rate cut after