Nigeria is watching its market base thin out while crypto plays and gambling drain the wallets that once could have fueled real investment. The African country’s national regulator says household money is leaving the productive market and flooding into fast-profit channels that rarely give anything back. The scale is daily, constant, and big enough to
The Federal Open Market Committee is once again set to decide on interest rates, with far-reaching consequences for crypto markets. Summary The FOMC meeting is scheduled for October 28 to 29, with the decision coming after Markets widely expect that the Federal Reserve will continue to cut interest rates Rate cuts could boost Bitcoin further Investors
US stocks edged higher on Monday, with the Dow Jones Industrial Average gaining 250 points in early trading as Wall Street cheered a potential US-China trade deal. Summary Dow Jones gained more than 250 points as stocks opened higher. US-China trade deal anticipation is driving optimism across Wall Street. This week will also welcome earnings
In 2018, IBM Blockchain World Wire was a real-time global payments network built on the Stellar blockchain. Stellar’s architecture was well-suited for payments, offering anchors, rapid consensus, and minimal fees, all aligning perfectly with IBM’s objectives. IBM first announced a collaboration with Stellar in 2017 and later built IBM Blockchain World Wire, a real-time cross-border
Bitcoin’s march into mainstream finance just hit a landmark moment as a major credit agency officially rated a bitcoin treasury firm, signaling a seismic shift in how traditional markets recognize digital assets as strategic reserves. S&P’s Historic Rating Signals Institutional Legitimacy For Bitcoin Treasuries Growing institutional confidence in bitcoin as a strategic reserve asset has
Analysts at investment bank Compass Point believe that Robinhood’s stock will continue to climb, pointing to prediction market growth and revenue from crypto trading fees and staking rewards. Professional sports are emerging as a notable tailwind for Robinhood. When the retail brokerage reports third-quarter earnings next month, Robinhood will likely say that revenue generated from
TZero Group, a New York–based blockchain infrastructure company specializing in tokenized securities and real-world assets, has announced plans to go public in 2026. The company on Monday disclosed plans for an initial public offering (IPO) in the United States. Founded in 2014, tZero helps companies raise capital and trade securities on blockchain-based platforms under US
Ink, a Layer 2 (L2) blockchain launched by U.S. crypto exchange Kraken in December 2024, saw its total value locked (TVL) surge by nearly 3,800% in less than two weeks, climbing from $6.42 million on Oct. 15 to nearly $249 million as of press time. Ink TVL. Source: DefiLlama However, data from DefiLlama shows that
Pharos, a programmable open financial Layer 1, has officially integrated the Chainlink standard from the first day of its mainnet launch. The project selected Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its canonical cross-chain infrastructure, ensuring secure and reliable cross-chain value transfer and messaging. Pharos has also adopted Chainlink Data Streams to support the development of
Digital asset investment products saw inflows of $921 million last week, according to CoinShares, as optimism about U.S. interest rate cuts revived investor appetite for crypto-linked funds. The inflows followed several volatile weeks marked by uncertainty around U.S. fiscal policy and limited macroeconomic data during the ongoing government shutdown. Digital asset investment products saw inflows