Streamex Corp. saw its stock surge over 20% on Monday after announcing a pre-sale for its upcoming gold-backed stablecoin, GLDY. The digital asset, designed to generate an annualized yield of up to 4.0%, will open for qualified investors on or before Nov. 10. The GLDY token offers exposure to physical gold bullion with yield paid
Three scientists whose experiments proved that the strange rules of quantum mechanics can govern ordinary electrical circuits—a discovery that later made quantum computers possible—were awarded the 2025 Nobel Prize in Physics on Tuesday. The Royal Swedish Academy of Sciences honored John Clarke of the University of California, Berkeley, Michel Devoret of Yale University, and John Martinis,
Federal Reserve Governor Stephen Miran has again suggested that he isn’t worried about the inflation outlook as he continues his push for more aggressive Fed rate cuts. This comes as other Fed officials raise concerns about inflation, alluding to it as a reason why they may not support further rate cuts this year, although the
FED officials made different statements about the interest rate cut process and the current risks in the economy. Minneapolis Fed President Neel Kashkari noted that rising electricity demand could raise average prices nationwide, saying, “If investment demand for data centers is very strong, that could push up interest rates.” Kashkari also added, “If the Fed
A Bitcoin-focused fintech company, New York Digital Investment Group, raised concerns over the lack of proper reserve reporting by the team behind the stablecoin USD1. Analysts find it odd that a stablecoin launched by the U.S. President’s family is held mostly outside America. Summary NYDIG report points to the USD1’s structure that won’t fit the
Story Highlights Bitcoin cools near $123.5K after record highs; analysts expect a brief pause before the next rally toward the $150K target. Institutional inflows surge as experts predict Bitcoin’s rise to $150K by 2025 despite short-term consolidation signals. Bitcoin Price rally continues to dominate global headlines, but analysts now believe the market could be due
Breez, in partnership with Lightspark, Tether, and other Bitcoin industry leaders, has launched Time2Build, a global developer challenge and international hackathon to embed Bitcoin payments into open-source software. The initiative offers a $25,000 prize pool in Bitcoin and residencies at Draper University and PlebLab, and is backed by Plan B Network, and Fulgur Ventures, Geyser
OranjeBTC, one of the largest cryptocurrency operators in Brazil, made headlines in the past week when it acquired another 25 Bitcoin (BTC), bringing its total BTC holdings to 3,675. The acquisition was appropriate to the timing of its public offering, and it demonstrates incredible faith in the company The latest purchase of 25 more Bitcoin,
Bitcoin (BTC) is experiencing a rather volatile day today. After breaking a new record high of $126,000 late yesterday, it retreated to $123,000 during the day. However, with a subsequent upward wave, BTC started to rise again and rose above $125,000. However, Bitcoin could not hold on here and fell suddenly to the $122,700 level
Private companies holding Bitcoin have reached a new milestone. It collectively owns BTC worth $281.8 billion. A figure that now exceeds the market capitalization of fashion giant H&M, according to the latest data from BitcoinTreasuries.net. The finding underscores Bitcoin’s growing dominance as a corporate asset, rivaling major traditional businesses in value. Private Bitcoin Treasuries Outpace