BitGo's NYSE Debut Sees Wild Swings as Crypto Market Watches Closely
BitGo's shares swung wildly on its NYSE debut, rising 36% intraday before closing up just 2.7%. The IPO raised $213 million, giving the company a $2 billion valuation.
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JPMorgan Analyzes Doubts on Ethereum Fusaka Upgrade's Sustained Activity Spike
JPMorgan notes Ethereum's Fusaka upgrade boosted activity short-term, but sustainability is doubtful amid layer-2 migration, alt-chain competition, and fading speculation.
Read MoreThe Unique Charm of Bitcoin: A Revolutionary Currency Without Printing Presses
Bitcoin's uniqueness lies in its lack of reliance on printing presses, setting it apart in the global financial system. This article explores its decentralized principles and impact on the global economy.
Read MoreInstitutional Crypto Adoption Now Irreversible? Stablecoins Accelerate Integration into Financial Systems
PwC's report reveals institutional crypto adoption has crossed an irreversible threshold, with stablecoins embedding into core financial systems.
Read MoreDollar Index Drops 0.41% to Close at 98.359
The dollar index dropped 0.41% on the 22nd, closing at 98.359. Analysts suggest the decline reflects stronger performances by other global currencies.
Read MoreUS Stocks Rally: Nasdaq Surges 0.91%
US major indexes ended higher with Nasdaq rising 0.91%, Dow up 0.63%, and S&P 500 gaining 0.55%. Tech stocks led the rally.
Read MoreTrump Announces 25% Tariff on Nations Trading with Iran
President Trump announces a 25% tariff on countries trading with Iran, set to take effect soon, aiming to increase economic pressure on Iran.
Read MoreKansas Proposes Bitcoin Strategic Reserve Plan, Could Invest 10% of State Trust Fund in Bitcoin ETFs
Kansas introduces a bill to allocate up to 10% of its state trust fund assets into Bitcoin ETFs, aiming to diversify investments and enhance long-term returns.
Read MoreUSD.AI Secures $500M Loan Deal to Boost Sharon AI's GPU Infrastructure Expansion
USD.AI approves a $500 million loan for Sharon AI to expand its GPU computing infrastructure, with an initial disbursement of $65 million planned this quarter.
Read MoreCould BlackRock's Rick Rieder Take the Fed Helm? Market Bets Skyrocket
Market data shows Rick Rieder's odds of becoming Fed Chair jumped from 3% to 30% on Polymarket, making him a top contender.
Read MoreFed's Reverse Repo Operations Drop to $2.058 Billion on Thursday as Market Liquidity Adjusts
The Fed's overnight reverse repo usage dropped to $2.058 billion on Thursday with 14 participants, down from the previous day, signaling shifting liquidity dynamics.
Read MoreSpot Gold Continues to Rise, Hits New All-Time High Above $4910 per Ounce
Spot gold prices surged to a new record of $4910 per ounce, rising 1.70% on strong market demand.
Read MoreMusk's Vision Unveiled: Widespread Deployment of Autonomous Taxis in the US by Year-End
Tesla CEO Musk announced at Davos that autonomous taxi services are set for widespread deployment in the US by year-end, marking a new era in smart mobility.
Read MoreBlackRock CEO Asserts No AI Bubble, Foresees Global Economic Growth
BlackRock CEO Larry Fink says there's no AI bubble and massive investment will drive global growth despite setbacks.
Read MoreTrump Sues JPMorgan Chase Over Account Closure, Seeks $5 Billion Damages
Former U.S. President Trump sues JPMorgan Chase, accusing it of closing his account for political reasons without warning, seeking $5 billion in damages.
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