Real Finance has entered a strategic partnership with Wiener Privatbank to build a regulated institutional framework for participation in blockchain-based markets, according to details shared with Finbold on April 29. The collaboration aims to integrate traditional banking infrastructure with the $REAL blockchain to allow institutional clients access to on-chain financial products within a structure aligned
Nvidia’s (NASDAQ: NVDA) dominance in artificial intelligence (AI) became clear once again this week when the company reclaimed its $5 trillion market cap status and saw its shares hit a new all-time high. At the same time, the chipmaker now accounts for nearly 5% of the MSCI All Country World Index (ACWI), surpassing national markets
Following the Fed’s decision to keep interest rates unchanged, Fed Chairman Jerome Powell is making important statements live on air. Here are the details from Powell’s press statement: High inflation is partly reflected in rising energy prices. The current monetary policy stance is appropriate. Events in the Middle East have increased uncertainty. PCE inflation is
Former Goldman Sachs crypto executive Oliver Harris, who has returned to the TradFi world as JPMorgan’s new blockchain chief, once said he believes tokenization alone will not fix one of finance’s core challenges, warning that putting assets on blockchain rails does not automatically make them easier to trade. “Tokenization does not equal liquidity,” Harris, who
The Federal Reserve held interest rates steady Wednesday, leaving markets with a widely expected pause while traders turned their attention to Chair Jerome Powell’s possible final FOMC press conference. The Federal Open Market Committee kept the federal funds rate target range at 3.5% to 3.75%, saying recent indicators suggest economic activity has continued to expand
For a decade, the crypto industry has gathered at Consensus to discuss what was coming next. This year, something different is happening. The future has started arriving. Real-world assets are being minted onchain. Stablecoins are quietly becoming the connective tissue of global commerce. Prediction markets are turning probability into a tradable asset class. The institutions
As fully expected by markets, the U.S. Federal Reserve held its benchmark fed funds rate range steady at 3.50%-3.75% on Wednesday, marking the fourth straight meeting without a change as officials weigh persistent inflation risks against signs of slowing economic growth. “In considering the extent and timing of additional adjustments to the target range for
The Fed kept interest rates unchanged, as expected. Now all eyes will be on what Federal Reserve Chairman Jerome Powell will say at his press conference at 21:30 (UTC+3). Bitcoin reacted to the news as follows: Short-term US interest rate futures continue to price in a very low probability of a rate cut this year,
Global markets are holding their breath: As the countdown continues ahead of the Fed’s interest rate decision, investors’ expectations are becoming clearer. Pricing in the forecasting markets indicates that it is almost certain that there will be no change in interest rates at the April meeting. According to Polymarket data, investors are pricing in a
Crypto-related stocks are tumbling across the board on Wednesday with exchanges taking the biggest hit after Robinhood’s earnings miss and escalating tensions between Iran and the U.S. Robinhood (HOOD), a crypto-friendly digital broker, plunged nearly 14% after it reported late Tuesday an almost 47% decline in crypto-related revenue in the first quarter. The weakness spilled