The number of crypto investors in South Korea has surpassed 16 million, closing the gap in the number of stock investors in the country. While most investors still favor stocks ahead of…
Category: finance
How Will Donald Trump’s Tariffs Affect Dollar Strength? Will the US Enter a Recession? Here’s the Bank of America View
The strength of the US dollar may not be sustainable if US President Donald Trump moves forward with sweeping tariffs, according to currency analysts at Bank of America. In a recent report,…
Crypto Stocks Feel the Pain of Market Meltdown
As the crypto economy has contracted by $150 billion since Monday, the downturn has notably impacted crypto stocks, with a significant portion of shares experiencing double-digit declines across the board. Synchronized Selloffs:…
GameStop Stock Faces Wild Market Reactions
GameStop’s recent announcement regarding its acquisition of Bitcoin has sent its stock on a rollercoaster ride, experiencing dramatic fluctuations. Initially, shares surged significantly, only to plummet shortly after, leaving many investors taken…
Tether Boosts Stake in $1.12B Agricultural Firm Adecoagro to 70%
Tether, issuer of $144 billion dollar stablecoin USDT, has boosted its stake in Latin American agricultural firm Adecoagro (AGRO). The $12.41 per share offer, which is subject to certain closing conditions, would…
Possible Blow to Crypto as CoreWeave Reportedly Slashes Valuation to $23B
CoreWeave is looking to downsize its initial public offering just one day before hitting the market, Semafor reported. The AI infrastructure firm was previously expected to raise $3 billion at a $30…
JPMorgan sees yield-bearing stablecoins growing from 6% to 50% of market share
The citation rate of a news item indicates its importance and significance. The number of mentions in different sources allows you to look at an event from different angles. Please help us…
Robinhood Sweetens Gold Membership as Bernstein Sets $105 Price Target
Robinhood launched a slew of new services for Gold members, which could further blur the lines between fiat and crypto. Gold, the trading app’s premium subscription, costs $5 a month or $50…
Circle and Near Invest $14M in Remittances App for Indian Diaspora
Remittance app Abound raised $14 million in a seed round following investment from crypto heavyweights Circle Ventures and the Near Foundation. The app aims to be a financial bridge between non-resident Indians…