BlackRock now has assets equal to half the size of the U.S. economy after 15% growth
Fundmanagement giant BlackRock on Wednesday said assets under management are nearly $15.5 trillion after growth of 15%. Source:MarketWatch
Bitcoin will become ‘less volatile’ and larger than gold: ‘The Bitcoin Standard’ author
Saifedean Ammous argues that Bitcoin already functions as money when held as a store of value; expects it will become larger and less volatile than gold as it…
Live updates: Bitcoin tumbles from near $84,000 ahead of U.S. inflation data
A brief run at $84,000 faded within the hour as tech stocks stalled and the chip selloff rolled on. Traders are waiting on the September CPI print.…
‘I earn $110,000 a year’: I lost my home in the Great Recession. I’m renting in my 50s. Why is that judged as failure?
“I lost my job and eventually my home — and it’s still hard.” Source:MarketWatch
Proposed French tax on regulated stablecoins could drive crypto traders offshore
Chainalysis CEO in France Francois Volpoet warned the proposed 31.4% tax on regulated stablecoins could push traders toward unmonitored offshore channels.…
Fed’s Williams sees AI supply squeeze lasting beyond 2 years
New York Fed President John Williams’ comments came as he reaffirmed his view that the US Federal Reserve may need to raise interest rates once more this year.…
Ripple adds Stripe-owned wallets to XRP Ledger as AI payments pass 14 million
The integration will let software pay for online services using XRP and RLUSD, while questions remain about how much real economic activity the transactions…
Bitwise’s Hougan says Q3 charts point to ‘crypto spring’
Bitwise’s Matt Hougan said nearly every fundamental indicator that Bitwise tracks spiked sharply higher. Source:Cointelegraph
Largest Philippines crypto exchange, Coins.ph, said to face central bank regulatory action
The exchange, which has over 18 million customers, is said to have handled business transactions involving restricted offshore gaming and gambling companies.…
Strive raising $500 million to buy additional bitcoin with new preferred share class
SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%). Source:CoinDesk
BNY, Citadel Securities test tokenized U.S. Treasuries to speed up Wall Street financing
The transaction shows how blockchainbased government bonds could help trading firms move collateral faster between settlement and financing. Source:CoinDesk
How you can prepare for 6% bond yields
Savers and investors at current yields stand to benefit, but fears are growing about the rest of the economy outside of the AI boom Source:MarketWatch