Legal & General Asset Management announced Wednesday that it placed the more than 50 billion pounds (roughly $68 million) in liquidity funds that it manages onchain through a new distribution channel built by Calastone. “We are thrilled to make our liquidity funds available on the Calastone Tokenized Distribution Network,” said Ross McDonald, liquidity investment specialist
Tether, the company behind the world’s largest stablecoin $USDT , added another $70 million worth of bitcoin to its reserves, extending a steady accumulation strategy tied to its stablecoin business. Blockchain data from Arkham Intelligence shows 951 $BTC moved Wednesday from Bitfinex to a wallet labeled “Tether: $BTC Reserve.” The address matches one previously confirmed
Donald Trump has nominated cryptocurrency fan Kevin Warsh to succeed Jerome Powell as the Chair of the Board of Governors of the Federal Reserve System. Powell, originally a Trump nominee, has repeatedly clashed with the president and the Federal Reserve. These clashes have included verbal assaults over what Trump believes to be Powell’s reluctance to
Loop Capital reiterated a “Buy” rating on Amazon (NASDAQ: AMZN) with a $360 price target on April 15, pointing to the company’s newly announced agreement to acquire Globalstar, an American satellite operator. Looking ahead, analysts believe a potential SpaceX IPO could also support Amazon’s satellite broadband ambitions by highlighting the broader value of space-based connectivity.
Broadcom (NASDAQ: AVGO) continued its month of making deals related to artificial intelligence (AI) with an agreement with Meta Platforms (NASDAQ: META) on April 14 and was, seemingly, immediately rewarded in the stock market. Specifically, the software infrastructure and semiconductor company revealed that it will be supplying the social media giant with the industry-first 2nm
Bitcoin is trading at $74,025. Half the market sees a buying opportunity. The other half sees a temporary stop on the way to $30,000. Both sides have real data behind them. The Bear Case: The Bottom Is Not Here Yet CryptoQuant published analysis this week showing Bitcoin’s MVRV Z-score has not entered negative territory. Every
Nike (NYSE: NKE) stock is drawing renewed confidence following a wave of insider buying by senior executives and board members. Specifically, Apple (NASDAQ: APPL) CEO Tim Cook, a longtime Nike director and current lead independent director, purchased 25,000 shares on April 10 at an average price of $42.43, investing about $1.06 million. His holdings now
Ether.fi, the largest non-custodial crypto card by spend volume, has officially gone live on OP Mainnet — bringing with it $220 million in total value locked, 300,000 accounts, and 70,000 active cards. — The migration marks the single largest TVL event in OP Mainnet history and was completed in just three days with zero downtime.
The Bitcoin (BTC) Rainbow Chart is signalling that the asset remains in a mid-cycle zone, with projections pointing to a gradual climb into early May. The chart, which uses a logarithmic growth curve with color bands to predict price, places Bitcoin within a broad but defined valuation range heading into May 1, 2026. According to
With the annual slowdown in deliveries, the Cybercab and the self-driving technology have become increasingly important for Tesla (NASDAQ: TSLA) stock’s valuation, and the artificial intelligence (AI) of ChatGPT believes the vehicle could, upon a successful launch, indeed drive the equity higher. Indeed, as seen from the vast difference in the market capitalization between Elon