A crypto researcher named SMQKE recently asserted that the global financial network SWIFT is being upgraded to utilize Ripple technology. Their claim, backed by a video shared on […]
U.S. Stock Markets Take Plunge as Tariff Concerns Drive Down Indices
Major U.S. stock indexes suffered significant losses on April 5, 2025, driven by escalating trade tensions and investor anxieties surrounding new tariffs. The S&P 500, Nasdaq, and Dow […]
FairMoney’s Commercial Paper Raises N5.3 Billion, Demonstrating Market Confidence in Financial Performance
Leading Nigerian financial services provider FairMoney has successfully raised N5.3 billion through its latest commercial paper (CP) issuance. This impressive oversubscription of nearly 100% signifies a strong belief […]
Stablecoin Regulation: Balancing U.S. Dominance with Global Competition
The evolution of communication technology has significantly reduced long-distance call costs, mirroring a similar trend in the financial sector where the internet’s embedded financial layer is driving down […]
U.S. Labor Market Shows Strength Despite Tariff Focus
A recent employment report showed stronger-than-expected job creation, according to PANews. Lindsay Rosner, Head of Multi-Sector Fixed Income at Goldman Sachs Asset Management, commented on the positive trend […]
Dollar Index Plummets: DXY Drops 40 Points to 102.11
The U.S. Dollar Index (DXY) experienced a significant downturn, dropping by 40 points according to BlockBeats data. The current value stands at 102.11.
From $0.50 to Millions: Investors in Solana Reached Peak Profits, 2 More Coins to Watch in 2025
In a testament to the lucrative potential of the crypto market, investors who bought Solana (SOL) for under $0.50 saw their investments skyrocket to over $295 by the […]
Republic Acquires INX Digital in $60 Million Deal
Republic has entered into a significant acquisition agreement with INX Digital for $60 million, significantly expanding the company’s footprint within the cryptocurrency industry. This move signifies a pivotal […]
Crypto Markets React to Fed Rate Cut Decision Amidst Recession Fears
Crypto markets experienced significant volatility this week ahead of President Trump’s tariff announcement, which imposed a 10% fee on imports. Major cryptocurrencies like Bitcoin (BTC), Ether (ETH), Solana […]
Bowman’s Senate Confirmation Looms for Crypto Regulation
Michelle Bowman, nominated by President Trump and set to become the Federal Reserve’s new Vice Chair for Supervision, will face scrutiny during a Senate hearing next Thursday. This […]
Senate to Question Fed Vice Chair Bowman on Crypto Regulation
The U.S. Senate Banking Committee will hold a hearing with Federal Reserve Governor Michelle Bowman on April 10th, focusing on her views and plans regarding crypto regulation. This […]
XRP: A ‘Sleeping Giant’ Emerges as Global Finance Takes Notice
Prominent crypto advocate Edoardo Farina believes XRP is poised for significant growth in global finance. His analysis underscores the asset’s expanding role in cross-border payments, citing its partnerships […]
GameStop Raises $1.5 Billion for Bitcoin Investment
Video game retailer GameStop recently secured $1.5 billion in funding through a private offering of convertible notes. The company will allocate this capital towards investing in Bitcoin. A […]
Fidelity Launches Crypto IRAs: Opening Doors to a New Era of Retirement Savings
Fidelity Investments has taken another step towards integrating cryptocurrencies into the traditional financial system by launching a new Individual Retirement Account (IRA) focused on digital assets. The company’s […]
Russia to Monetize Seized Cryptocurrency: Bitcoin Conversion Plan Unveiled
Russian authorities have been granted the authority to convert confiscated Bitcoin seized from criminal activities into state revenue. The move follows the Russian government’s seizure of millions in […]