VanEck has made some of its digital asset exchange-traded products (ETPs) available to 401(k) holders in the United States, signaling a push to integrate crypto-focused investments into traditional retirement accounts. On Wednesday, the fund issuer said a selection of its digital asset ETPs will be offered through Basic Capital, a fintech platform that provides employer-sponsored
American banking giant Goldman Sachs’ trading desk has stated that hedge fund positioning in U.S. equities could set the stage for a sharp stock market rally if positive catalysts emerge. In this case, data from the bank’s prime brokerage unit shows speculative investors have largely maintained bullish positions in individual stocks. At the same time,
CoinFello, an AI agent that interacts directly with smart contracts, has introduced its open-source OpenClaw skill in partnership with MetaMask, allowing AI agents to securely execute onchain transactions through delegated smart wallet permissions, according to an announcement shared with Finbold on March 11. The integration enables Moltbots, personal AI agents running on the OpenClaw framework,
Japan will begin releasing crude oil from its strategic reserves as early as next Monday to curb potential spikes in gasoline and petroleum prices caused by Middle East conflicts and disruptions to Persian Gulf oil shipments, Prime Minister Sanae Takaichi said Wednesday. The intervention will mark the first time the nation has tapped its government
A Qatari-backed fund has made a $47-per-share offer to acquire Papa John’s and take the company private, The Wall Street Journal reported Wednesday, citing people familiar with the bid. Papa John’s, which runs 6,000 locations across roughly 50 countries, has seen its shares fall 16% over the past year, but stock prices jumped around 20%
Mastercard just assembled what amounts to a crypto Avengers team. The payments giant has launched a Crypto Partner Program that brings together more than 85 digital asset companies, all aimed at building infrastructure for cross-border transfers, business-to-business payments, and global payouts. The move is Mastercard’s most aggressive step yet into the digital asset ecosystem, and
Vivek Ramaswamy-backed Strive has moved ahead of Elon Musk’s Tesla in Bitcoin holdings after adding 179 Bitcoin to its treasury. Source: BitcoinTreasuries.NET According to a Wednesday announcement, Strive now holds roughly 13,311 Bitcoin valued at nearly $940 million. Tesla, by comparison, has kept its holdings steady at 11,509 $BTC since late 2024. The new total
Bloomberg Intelligence senior commodity strategist Mike McGlone, who previously said bitcoin could drop to $10,000, is reiterating his call that bitcoin could still fall below that level, an outlook several market analysts said would require an extreme macroeconomic shock. In an interview with EllioTrades, McGlone said the crypto bear market may not be over and
Bitcoin’s return above the $70,000 level, as the leading asset in the cryptocurrency market, has brought about a significant shift in investor sentiment. According to data shared by market analysis platform Santiment, the price recovery has led to a resurgence of optimism based on the fear of missing out, known as “FOMO” on social media.