Mary Daly says the Fed cannot restore price stability by “harming the economy,” underscoring a cautious stance on rates as inflation lingers above target. Mary Daly, president of the Federal Reserve Bank of San Francisco, said restoring price stability remains “crucial” for the U.S. central bank, but warned that the Federal Reserve cannot pursue that
Mark Cuban has dumped most of his Bitcoin, calling it “not the hedge I expected” as the Iran war and dollar volatility exposed what he sees as a failed safe haven narrative. Billionaire investor Mark Cuban has revealed he sold the majority of his Bitcoin holdings, declaring that the flagship cryptocurrency “has lost the plot”
Jefferies, one of Wall Street’s more established investment banks, just put a number on what many in the crypto industry have been whispering about for years. The bank projects that public listings of crypto and blockchain-related companies could collectively reach a $1 trillion market by 2031. The forecast emerged from the bank’s inaugural Digital Assets
Vertalo, an SEC-registered transfer agent that has spent the better part of a decade building infrastructure for tokenized securities, has added Aptos to its platform. The Layer-1 blockchain now sits alongside Ethereum and Tezos as a supported chain for Vertalo’s Securities Protocol, which handles cap table management, transfer agency functions, and multi-chain tokenization for issuers
Phong Le, CEO of Strategy Inc, has floated the idea of raising more than $80 billion this year to purchase additional Bitcoin. Strategy, which rebranded from MicroStrategy in February 2025, currently holds over 818,334 $BTC acquired at an average cost of roughly $75,500 per coin, making it far and away the largest corporate holder of
SoFi Technology (NASDAQ: SOFI) stock price popped on Friday after forming the highly bullish double-bottom pattern at $15. It soared to a high of $18.50, its highest point since April 28, up by 22% from its lowest point this year, as investors welcomed the new stablecoin. SoFi Technology stock technicals point to more gains The
Bitcoin ($BTC) deepened six-week lows at Friday’s Wall Street open as US stock markets diverged to all-time highs. Key points: Bitcoin sinks closer to $72,000 as analysis eyes “crucial” $BTC price levels. US-Iran ceasefire talks send stocks to even higher records as the crypto divergence continues. Bitcoin’s 100-day moving average gains significance as a battleground
US Treasury Secretary Scott Bessent took the stage at the Ronald Reagan Presidential Library this week with a message that was equal parts alarm bell and policy roadmap. His address, titled “While America Slept,” argued that decades of American industrial policy have traded resilience for efficiency, and that the bill is now coming due. The
Anthropic is set to tap a $36 billion private credit deal led by Blackstone and Apollo to finance Google AI chips backed by Broadcom, in one of history’s largest debt financings. Private equity giants Apollo Global Management and Blackstone are working to syndicate roughly $36 billion in debt financing that will fund Anthropic’s next wave
While bitcoin sellers drove the price below $74,000 on Thursday, a fresh wave of sleeping coins sprang to life, transferring 665 $BTC that had remained untouched for more than a decade. In total, 665 $BTC worth just over $48 million, moved during the past day, all originating from wallets created in 2014 and 2015. Key