S&P Dow Jones Indices has declined to add Strategy (formerly MicroStrategy) to its S&P 500 index again. Instead of MSTR, the world’s most prestigious stock index chose SanDisk to replace Interpublic Group. Although its US Index Committee doesn’t normally explain its decisions, the mid-quarter announcement was curious. The decision didn’t coincide with the committee’s quarterly
Several big deals drove almost half of web3 venture capital activity in Q3 this year, according to research from Galaxy Digital published this week. VCs invested $4.65 billion into crypto-focused startups and private companies across 415 deals during the period, a 290% jump from Q2, though activity is still below 2021-2022 levels, the report notes.
The Avail Nexus mainnet launched this week, promising to radically rewire how assets move between blockchains. Instead of another bridging tool, Nexus wants to make multichain execution as seamless as tapping a button, sidestepping years of awkward crypto UX and operational headaches. Nexus wants to fix the crosschain user experience Nexus sets out to solve
Polygon’s Global Head of Payments and RWA, Aishwary Gupta, noted that the digital asset industry is in a “super cycle” that could see more than 100,000 stablecoins issuers emerge over the next five years. His projection follows governments, banks, and corporates reevaluating the role of tokenized money and its ability to shape the allocation of
ARK Invest CEO Cathie Wood announced that her institution maintains its long-term forecast despite recent fluctuations in the Bitcoin price and capital outflows from ETFs. In a recent interview, Wood said that his projections that Bitcoin will reach $1.5 million by 2030 still stand. Wood argued that Bitcoin has “more than halfway through” the current
Bitcoin is back in rally mode as expectations for a December Federal Reserve rate cut surge to their highest level yet this month. Specifically, traders are now pricing in up to an 87% chance of a rate cut. Bitcoin Breaks Above $92,000 as Dovish Fed Bets Strengthen Today, Bitcoin surged past $92,000, climbing more than
Imagine paying for your morning coffee with stablecoins in the heart of Central Asia. This futuristic vision becomes reality in 2026 as Uzbekistan prepares to launch its groundbreaking regulatory framework for stablecoin payments and security token trading. The nation’s forward-thinking approach positions it as a regional leader in cryptocurrency adoption. What Makes Uzbekistan’s Stablecoin Payments
Continuing a rally that’s come alongside a sharp rise in odds of a Federal Reserve rate cut in early December, bitcoin BTC$92,615.61 rose to the $93,000 in early U.S. trading hours on Friday. At press time, bitcoin had pulled back to $92,500, still up 2% over the past 24 hours and now ahead about 15%
Bitcoin (BTC) not only failed to meet the historical bullish expectations in October and November, but also had its worst months in recent years. As Bitcoin, which has been struggling with sharp declines for two months, begins to recover, whales are also updating their positions. In a remarkable move in the crypto market, the whale