DTCC Reveals $1.2T Daily Treasury Clearing Progress as Ripple’s Market Presence Grows The U.S. Treasury market’s shift to mandatory central clearing is rapidly moving from preparation to implementation, with the latest update from the Depository Trust & Clearing Corporation (DTCC) highlighting significant industry progress. In a post on X, DTCC revealed that more than $1.2
Morgan Stanley is offering exchange-traded products tied to ether (ETH) and solana ($SOL) just months after introducing its spot bitcoin BTC$63,122.77 fund. The firm announced Tuesday that the Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) will begin trading on NYSE Arca. The funds track the CoinDesk Ether Benchmark 4PM NY Settlement
As prices in Bitcoin and altcoins continue to fluctuate, this has also been reflected in spot ETFs. At this point, there was an outflow from spot Bitcoin ETFs, while Ethereum ETFs experienced a net inflow. According to Farside Investors data, US spot Bitcoin ETFs recorded a net outflow of approximately $11.6 million yesterday, July 27.
Visa is reducing its workforce by about 2,600 employees, or roughly 7%, in an effort to improve operational efficiency as competition in digital payments intensifies. CEO Ryan McInerney said in a company memo obtained by Bloomberg that the layoffs would largely affect the technology and product teams. Visa employed about 34,100 people at the close
After enjoying a stock market recovery through most of July, Nvidia (NASDAQ: NVDA) took a nosedive late in the month, effectively leaving investors who took the June decline as a buying opportunity flat. Indeed, if a trader purchased $1,000 worth of NVDA shares one month ago, they would have been acquiring the equity roughly at
Investors who followed Jim Cramer’s most frequently recommended stock over the last 90 days and invested $1,000 at the start of 2026 would now have approximately $1,248, based on Apple’s (NASDAQ: AAPL) year-to-date performance. Data tracking stock recommendations across major market personalities over the past 90 days shows Apple as the most recommended stock, receiving
Bitcoin’s [$BTC] latest recovery attempt ran into heavy selling before buyers could reclaim higher ground. After briefly reaching $66,932, bearish pressure quickly erased the advance. This shift signaled that sellers remained firmly in control. That rejection became more significant when the price slipped below the $65,718 support. This turned the former demand zone into overhead
The Ondo Network is a new execution layer built by Ondo Finance, the real-world-asset tokenization company. It is designed to process trades at the speed of a centralized exchange while keeping settlement non-custodial and verifiable onchain. Ondo Finance calls it the evolution of Ondo Chain, the blockchain the company first announced in February 2025. The
Bitcoin (BTC) is struggling below $64,000 ahead of the U.S. Federal Reserve’s interest rate decision on 29 July, but artificial intelligence (AI) predicts the cryptocurrency will regain some footing by the end of the quarter. Namely, OpenAI’s leading chatbot ChatGPT has argued that Bitcoin is most likely to end the third quarter in the $68,000-78,000
Bitcoin’s price yet again failed to secure the resistance above $65,000 as the market conditions turn bearish. The token struggled below the range, despite a strong recovery from the lows around $57,650. Currently, the price is trading around $63,450 after experiencing a drop of nearly 2.76%, while trading volume increased by 23.85%. On the other