T. Rowe Price, the 87-year-old investment firm known for its mutual funds, is entering crypto. On Wednesday, the company filed an S-1 form with the US Securities and Exchange Commission (SEC) to launch the T. Rowe Price Active Crypto ETF. The S-1 is an important regulatory filing that signals a company’s intent to list a […]
T. Rowe Price Files to Launch Active Crypto ETF in Strategic Pivot Read More »
Stellar’s XLM tumbled 5% on Tuesday, falling from $0.3284 to $0.3119 after breaking below a critical $0.32 support level that had held for weeks. The drop marked one of XLM’s sharpest declines in recent sessions, underscoring renewed bearish momentum in a market largely driven by technicals rather than fundamentals. Selling accelerated around Monday’s session at
Stellar Falls 5% 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 to $30 from $17, citing strong standalone value and renewed momentum in high-performance computing (HPC). The bank’s analysts expect shareholders to reject Core Scientific’s proposed merger with CoreWeave ( CRWV ) s, noting that the
CORZ upgraded to buy; WULF a top choice at B. Riley Read More »
Google said it had achieved a verifiable “quantum advantage” with its Willow chip, completing a calculation that would take classical supercomputers thousands of times longer. The reported breakthrough could reignite a debate in the cryptocurrency community about the possible harmful effects that quantum computers could have on Bitcoin, whose operation and security are built on
Max Branzburg said the new card is now open to US users who are members of Coinbase One and offers up to 4% back in bitcoin on every purchase.
Coinbase opens Amex card with up to 4% back in BTC for US Coinbase One members Read More »
Tesla (TSLA) continued to hold 11,509 BTC worth about $1.35 billion at the end of the third quarter (valued somewhat less today). The rise in bitcoin’s value during the third quarter allowed the company to book an $80 million gain on its holdings. For perspective, adjusted EBITDA for the quarter was $4.3 billion, and the
Increase in BTC value adds $80 million to the bottom line Read More »
Enough US Senate Democrats still show they are ready to pass a crypto market structure bill that the effort has legs, they said at a meeting of several crypto executives on Wednesday that focused on a path forward for US crypto regulation. Digital asset company leaders had two meetings set for the same day, the
US Senate Democrats assure Crypto CEOs they are still willing to move legislation Read More »
Cryptocurrency exchange Kraken is taking the vast majority of its staff to an idyllic Caribbean island next January to energize the company ahead of a long-awaited IPO in the US next year, according to two people familiar with the plans. A person familiar with the plans requested that the exact location of the team-building trip
Crypto Exchange To Take Staff To Caribbean Retreat Next Year: Sources Read More »
When I worked at the Federal Reserve, we used to joke that our job was to protect the status quo. The Fed’s mandate has long included financial stability, certainly not financial disruption. But Fed Governor Chris Waller’s speech urging Fed staff to explore the creation of a new “payment account” for non-bank payment providers at
A ‘lean’ Fed master account could bring back lean banking Read More »
Hollywood has hit a breaking point. Audiences are tired of franchise sequels and reboots. YouTube has overtaken Disney as the world’s largest distributor. And Gen AI tools like Sora 2 can soon turn anyone into a filmmaker. Still, one thing hasn’t changed: how movies are financed. And that’s why we keep getting fewer original movies.
Tokenization Fixes Film Financing, Dethrones Hollywood Studios Read More »
