Dow Jones gains 344 points while S&P 500, Nasdaq hit new highs on strong jobs data
A strong labor market means that Fed rate cuts are less likely, but economic optimism still swept Wall Street. Federal Reserve interest rate cuts might
TON builder The Open Platform raises $28.5 million, reaches $1 billion valuation in extended Series A
Key Takeaways The Open Platform raised $28.5 million, reaching a $1 billion valuation in an extended Series A round. The funding will support global expansion
BlackRock’s spot Bitcoin ETF IBIT Surpasses S&P 500 ETF Annual Revenue
BlackRock’s spot Bitcoin ETF, trading under the ticker IBIT, have overtaken BlackRock flagship S&P 500 ETF (IVV) in annual revenue generation. Despite being a fraction
Cronos Now Amongst Top 10 Fastest Chains, Achieves Sub-Second Block Times
This revamp aligns with Cronos’ overall roadmap, which prioritizes effectiveness, affordability, and AI agent readiness. The last boost in productivity was just last month, when
Ethereum surpasses $2,600 threshold in rally fueled by U.S. payroll numbers
Ethereum rockets above $2,600 in a recent bullish run as it awakens from a previous slump. The token has seen an increase of trading volume
Ripple applies for US banking license, eyes mainstream finance
Key Takeaways Ripple joins a wave of crypto firms seeking federal banking licenses. Beyond its stablecoin business, Ripple hinted at plans to offer broader crypto-based
Ripple Files for U.S. Banking License for XRP and RLUSD
Ripple is making a serious move into traditional finance. The company behind XRP has applied for a national banking charter in the United States, aiming
Bitcoin and JPMorgan Will Soar on the Back of Big Bank Stablecoins: Hayes
The premise is driven by Treasury Secretary Scott Bessent’s agenda to engineer a liquidity injection that resembles past Federal Reserve interventions, said Hayes in a
Australian crypto billionaire escapes kidnapping attempt after biting off attacker’s finger
Australian billionaire Tim Heath escaped a planned abduction in Estonia after a group of attackers attempted to extort his digital assets in a coordinated operation.
SEC halts Grayscale’s bid to covert BTC, ETH, XRP, SOL large-cap fund into a spot ETF despite approval order
Key Takeaways The Division of Trading and Markets, acting under delegated authority, approved the rule change for listing GDLC, but the Commission intervened and reviewed