It would be more profitable for the average investor to buy a 10 year US government bond than to become a typical landlord. Indeed, this relative profitability is at its highest level since July 2007. Negative housing spreads occur when the interest rate “spread” between low-risk US Treasuries are outperforming the risky operations of renting-out
Merger Expands Moonpay’s Reach Financial technology firm Moonpay has entered into a definitive merger agreement to acquire North Capital Investment Technology, a platform providing technology and regulated brokerage services for private markets. The acquisition will integrate North Capital’s securities brokerage, investment advisory, and clearing capabilities into Moonpay’s global infrastructure, moving the crypto-native company further into
There has been an increase in the number of wallets that hold tokenized stocks from nearly 100,000 a year earlier to 4.3 million, as per Token Terminal. This staggering growth of 43 times suggests that the race is heating up among blockchains to bring public equities onchain, turning tokenized stocks from being just another niche
The bond market is taking a beating, as the average rate on a 30-year US mortgage has climbed to 7.45%, up 150 basis points in six months and its highest level since 2023, when inflation was above 6.4%. The 10-year Treasury yield gained about 30 basis points in two days, including its biggest one-day jump
Solana is now the leading blockchain when it comes to handling tokenized commodities trading on decentralized exchanges. Latest data from Blockworks shows that the network now holds a 36% market share of tokenized commodities spot DEX volume, ahead of Robinhood Chain at 26%. Three weeks ago, Solana’s share was just around 1%. Canton came in
The leading cryptocurrency, Bitcoin, has been on an upward trend since July. Currently, $BTC has closed July and August in positive territory and is preparing to close September in positive territory as well. A positive end to September would mark a three-month uninterrupted upward trend for Bitcoin between July and September. Historically, Bitcoin has only
Stablecoin issuer Tether said it has very little exposure to a lender seized by U.S. authorities on Thursday. Tether said assets it holds at EQIBank represent less than 0.034% of its total assets, after the Dominica-licensed lender was caught up in a U.S. asset seizure that it said could force it into liquidation, according to
Strategy MSTR$158.08 is asking shareholders to approve daily dividends across its four U.S. listed preferred stocks, STRF, STRC, STRK and STRD. The largest corporate holder of bitcoin $BTC$83,520.54 proposed that dividends would accrue every calendar day, including weekends and holidays, and be paid on the next business day. The proposal changes payment timing, but leaves