The tokenization of real world assets (RWAs) has been a use case for blockchain technology for years, and yet we haven't seen substantial institutional interest in RWAs until now. The value of tokenized assets across all public blockchains has already reached $118.57 billion and
In an exclusive interview with the Financial Times, a senior Federal Reserve official has sounded a note of caution, warning that financial markets might be getting ahead of themselves in anticipating early interest rate cuts in the coming year.
What ...
In a landmark case for the cryptocurrency industry, Damian Williams, the U.S. Attorney for the Southern District of New York, has announced the guilty plea of Shakeeb Ahmed, who hacked DeFi protocol Nirvana Finance and one other cryptocurrency ...
The stock market has redeemed itself creditably in 2023, reversing from the previous year’s disappointing performance, thanks to optimism that the Federal Reserve will start reversing its rate hikes.
On the Upswing:
The S&P 500 Index, a gauge of the ...
The results of an annual survey that explored the reliability of auto brands showed that none of the U.S. automakers made it to the top ten.
What Happened: Asian and European automakers took the honors as the most reliable auto brands in 2023, ...
Last week, Fortnite parent Epic Games won the antitrust lawsuit against Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google. However, the game developer’s CEO, Tim Sweeney, is concerned that Sundar Pichai‘s company might persist with high app store ...
A pseudonymous crypto analyst, Crypto Tony, said that meme coins are looking good, with “Dogecoin (CRYPTO: DOGE) killer,” Shiba Inu (CRYPTO: SHIB), heating up. Although Crypto Tony is anticipating a big run, he has moved his focus to Floki (CRYPTO: ...
The cryptocurrency market experienced a decline on Sunday evening, as on-chain data reveals a considerable amount of profit-taking behind the stagnant prices.
Cryptocurrency
Gains +/-
Price (Recorded 9:30 p.m. EST)
Bitcoin (CRYPTO: ...
The labor union strike that Tesla, Inc. (NASDAQ:TSLA) is facing started in Sweden in late October but has since spread to Denmark, Finland and Norway. A bullish analyst sees the outcome of the labor union standoff having wider ramifications for the ...
Donald Trump has taken a commanding lead in the Republican presidential primary and appears to have the edge in a hypothetical one-on-one matchup with President Joe Biden, according to several opinion polls. Amid this news, Larry Summers weighed in ...
As another week concludes, the crypto community witnessed significant changes in the landscape. Leading the pack, Cathie Wood’s Ark Invest made a bold move, offloading a substantial portion of its Coinbase Global Inc (NASDAQ:COIN) shares amid a ...
Wall Street is recalibrating its 2024 interest rate forecasts following a significant dovish pivot from the Federal Reserve.
This change in stance, indicating potential rate cuts, has led to a notable shift in market dynamics, with investors and ...
Legacy automakers’ transition to EVs has not gone well, and one Tesla, Inc. (NASDAQ:TSLA) bull expressed worries concerning the state of the auto industry heading into 2024.
Future Tense: “We are concerned over the future of the US auto industry — ...
Larry Summers says a soft-landing scenario is not a guaranteed outcome as inflation still remains out of bounds.
The Federal Reserve may have hinted at a potential soft-landing, but economist and former Treasury Secretary Larry Summers is not in full ...
USDC (CRYPTO: USDC) issuer Circle is under CFA’s scanner again after the latter reaffirmed accusations of illicit financing and raised questions on its linking to Justin Sun.
What Happened: Non-profit ethics watchdog, The Campaign for Accountability ...
As former President Donald Trump's tenure came to a close, a top-secret binder brimming with critical details on Russia's interference in the 2016 election mysteriously disappeared, according to reports.
What Happened: The loss of this crucial ...
With just a month to go before the Republican primary in Iowa, former president Donald Trump and incumbent Joe Biden appear to be headed for a near-certain rematch. Still, a new poll has found resentment continues to brew against both the ...
Electric vehicle stocks closed mixed in the week that ended on Dec. 15 despite the broader market optimism over the Federal Reserve’s inclination toward rate cuts. It appears that these stocks will likely be laggards, primarily due to the larger ...
The illustrious pseudonymous crypto trader named Kaleo on X (formerly Twitter) expects Bitcoin (CRYPTO: BTC) to scale new heights sooner than forecasted.
What Happened: Earlier this week, Kaleo, who has more than 611,000 followers on Elon Musk’s ...