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GENIUS Act May Trigger $6.6T Bank Deposit Shift to Stablecoins
The GENIUS Act, enacted in July, could lead to large amounts of money moving from bank deposits into stablecoins offering higher yields.
The U.S. Department...
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Morgan Stanley Sets 4% Max Crypto Allocation in Growth Portfolios
Morgan Stanley recommends limited crypto exposure in multi-asset portfolios, advising a conservative approach.
The firm suggests up to 4% allocation to cryptocurrencies in higher-risk “Opportunistic...
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Chainlink Eyes Breakout as New Addresses Surge, $25 Level in Sight
ChainLink (LINK) has declined about 4% in the past month, struggling to move above the $25 resistance level.The network added 1,963 new addresses on...
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Gold, Bitcoin, Stocks Hit Record Highs as US Dollar Plunges
Gold, Bitcoin, and stocks have all reached record highs as the U.S. dollar declines sharply.The S&P 500 increased by over 40% in the past...
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Bezos Warns of AI Bubble but Says Tech Will Transform Industries
Jeff Bezos says Artificial Intelligence is genuine and will impact every industry.He recognizes signs of an "industrial bubble" around AI, with stock prices not...
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Samsung Expands Crypto Services to 75M Galaxy Users in US
Samsung Electronics has broadened its collaboration with Coinbase to provide crypto services to 75 million Galaxy users in the U.S.Users can buy cryptocurrencies directly...
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SWIFT Unveils Blockchain Platform for Stablecoin Bank Settlements
SWIFT plans to launch a shared ledger platform for settling stablecoin and tokenized asset transactions between banks across different blockchains.The new platform will shift...
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Intel Stock Surges Above $37, Underscoring U.S. Chip Strategy
Intel’s stock price has increased from $20 to $37, reflecting its growing strategic role in U.S. and European chip manufacturing.Domestic chip production is considered...
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Bankers Could Engineer SpaceX IPO Pop, Says Investor
Investor Gary Black suggests retail traders are selling Tesla shares to fund purchases of the hotly anticipated SpaceX IPO.The...
CFTC proposes rules for sports prediction markets.
The CFTC has proposed new rules, stating sports event contracts are generally not contrary to the public interest despite...
Google’s New Diffusion Model Hits 1,000 Tokens/Sec
Google released DiffusionGemma today, an open-text AI generating entire 256-token blocks at once via text diffusion, hitting 1,000+ tokens...
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Spanish Police Arrest Crypto Pyramid Scheme Leader, €260M Fraud
Álvaro Romillo Castillo was arrested for running a crypto...
Should Investors Give Up on Shiba Inu or Chase Gains? Again?
Shiba Inu (SHIB) surged during the 2021 bull market...
DeFi Protocols Adopt Safe Harbor to Protect White Hat Hackers
DeFi platforms are using the Security Alliance’s Safe Harbor...
