T. Rowe Price, the 87-year-old investment firm known for its mutual funds, is getting into crypto. On Wednesday, the company filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) to launch the T. Rowe Price Active Crypto ETF. The S-1 is a key regulatory filing that signals a company’s intent to list […]
T. Rowe Price files to launch active crypto ETF in strategic pivot Read More »
Stellar’s XLM fell 5% on Tuesday from $0.3284 to $0.3119 after falling below a critical support level of $0.32 that had held for weeks. This is one of the biggest declines for XLM in recent sessions, highlighting renewed bearish momentum in a market largely driven by technical factors rather than fundamentals. The selling accelerated around
Stellar falls 5%, falling below $0.32 support Read More »
Investment bank B. Riley upgraded Core Scientific (CORZ) to buy from neutral and raised its price target on the stock from $17 to $30, citing strong standalone value and new momentum in high-performance computing (HPC). The bank’s analysts expect shareholders to reject Core Scientific’s proposed merger with CoreWeave (CRWV), noting that the stock lags its
CORZ upgraded to buy; WULF a top pick at B. Riley Read More »
Google said it had achieved a verifiable “quantum advantage” with its Willow chip, performing a calculation that would take classical supercomputers thousands of times longer. The reported breakthrough could reignite a debate within the cryptocurrency community about the possible detrimental effects that quantum computing could have on Bitcoin, whose operation and security relies on cryptographic
Google’s new claim of quantum breakthrough could reignite debate over Bitcoin threat Read More »
Max Branzburg said the new card is now open to US users who are members of Coinbase One, offering up to 4% back in bitcoin on every purchase.
Coinbase Opens Amex Card with Up to 4% BTC Cash Back for US Coinbase One Members Read More »
Enough U.S. Senate Democrats are still showing they’re willing to approve a crypto market structure bill that the effort has weight, they expressed Wednesday during a meeting with several crypto CEOs that focused on the path forward on U.S. crypto regulation. Digital asset industry executives had two meetings scheduled for the same day, the first
US Senate Democrats assure crypto CEOs they are still ready to pass legislation Read More »
Tesla (TSLA) still held 11,509 BTC, valued at approximately $1.35 billion at the end of the third quarter (valued slightly less as of today). The rise in the value of Bitcoin during the third quarter allowed the company to realize a gain of $80 million on its holdings. For perspective, adjusted EBITDA for the quarter
Increase in BTC value adds $80 million to the bottom line Read More »
Cryptocurrency exchange Kraken will take the vast majority of its staff to an idyllic Caribbean island in January next year, to boost the company ahead of a highly anticipated U.S. listing next year, according to two people familiar with the project. A person familiar with the plans asked that the exact location of the team
Crypto Exchange takes staff on retreat to Caribbean next year: sources Read More »
When I worked at the Federal Reserve, we joked that our job was to protect the status quo. The Fed’s mandate has long included financial stability, and certainly not financial disruption. But Fed Governor Chris Waller’s speech calling on Fed staff to study creating a new “payments account” for non-bank payment providers at this week’s
A ‘skinny’ Fed main account could bring back tight banking Read More »
Hollywood has reached a breaking point. Audiences are tired of sequels and franchise reboots. YouTube has overtaken Disney as the world’s largest distributor. And Gen AI tools like Sora2 can soon turn anyone into a filmmaker. However, one thing has not changed: the method of financing films.. And that’s why we’re getting fewer and fewer
Tokenization fixes film financing and dethrones Hollywood studios Read More »
