The U.S. Commerce Department will transition economic data, including GDP reports, directly onto the blockchain. Secretary of Commerce Howard Lutnick announced this shift at a White House cabinet […]
US Department of Commerce Unveils Blockchain Initiative to Publish GDP Data
The U.S. Department of Commerce is set to revolutionize economic data transparency with its new initiative to publish Gross Domestic Product (GDP) figures on blockchain starting in August […]
JPMorgan Invests $500 Million in AI-Driven Hedge Fund, Numerai
JPMorgan has made a significant move into AI-driven finance by investing $500 million in Numerai, an AI-powered hedge fund. This investment, which boosted the NMR token value by […]
SharpLink Doubles Down on Ethereum Holdings with $252 Million Investment
Gaming company SharpLink has made a substantial investment in Ethereum, adding 56,533 ETH to its treasury for a total of 797,704 ETH. This brings their overall value to […]
Bitcoin Investment by U.S. Commerce Secretary Sparks Market Speculation
U.S. Commerce Secretary Howard Lutnick has invested a significant sum in Bitcoin through his firm, Cantor Fitzgerald. This move raises eyebrows about the impact of government involvement on […]
US Commerce’s Blockchain GDP Initiative Sparks Doubts, Market Remains Unmoved
Rumors of the US Commerce Department publishing GDP data using blockchain technology have sparked confusion and skepticism within the market. While the department has announced plans for blockchain-based […]
Trump’s Actions Impact Global Economy as Fed Member Removal Shakes Financial World
President Donald Trump’s unprecedented actions have shaken the global economy, with his removal of a Federal Reserve board member highlighting a shift in how economic policy is shaped. […]
Robinhood & MicroStrategy Stocks Fall After Exclusion from S&P 500
Following their exclusion from the S&P 500, shares of Robinhood and Microstrategy experienced a decline in after-hours trading. This marked another setback for the companies, which had been […]
Boyaa Invests $32 Million in Bitcoin, Joining Growing List of Public Companies
Hong Kong-listed gaming company Boyaa Interactive made a significant move in the cryptocurrency market by acquiring 290 bitcoins for approximately $32 million. This purchase underscores the increasing adoption […]
SharpLink Builds Up Ethereum Reserves, Reaches $3.6 Billion Value
Ethereum treasury firm SharpLink continues its aggressive accumulation of the cryptocurrency, boosting its reserves to nearly $3.6 billion. Over the past week, they raised an additional $360.9 million […]
Sequans Raises $200 Million for Bitcoin Expansion, Eyes 100,000 BTC by 2030
French semiconductor company Sequans Communications has taken a bold step in the world of finance, unveiling a strategic move to raise up to $200 million through an at-the-market […]
YZi Labs Invests in USD.AI, Fueling the Rise of AI-Backed Loans
A significant investment has been made in USD.AI, a revolutionary AI lending protocol that promises to transform decentralized finance (DeFi). YZi Labs, formerly known as Binance Labs, has […]
Sequans Doubles Down on Bitcoin: Unveils $200 Million Equity Offering
Paris-based semiconductor company Sequans has launched a $200 million equity program to bolster its Bitcoin treasury and maximize shareholder value. This move, detailed in a SEC filing (Form […]
New Documents Suggest Ripple Partnership with Swiss Bank for Global Financial Innovation
Online documents have emerged, potentially revealing a Non-Disclosure Agreement (NDA) between Ripple and a prominent Swiss bank. This collaboration aims to develop a cutting-edge financial infrastructure designed for […]