He’s been badmouthing Treasury bonds since 2020, but now ‘the big fat cushion’ of 5.25% yields is turning this strategist bullish
Investors have become accustomed to returns distorted by artificially low interest rates. 5% on bonds and 6% on stocks are more realistic and Bianco finds…
OpenAI seeks $30 in funding at whopping $1.4 trillion valuation after delaying IPO
The ChatGPT maker is pursuing fresh funding after delaying its public listing, while expanding its AI tools despite mounting safety concerns. Source:CoinDesk
How European investors can now buy bitcoin without taking on U.S. dollar risk
Asset management platform HANetf has listed ETCs in London, Frankfurt and Paris providing pound sterling and eurohedged exposure to bitcoin. Source:CoinDesk
European stablecoin issuer AllUnity launches USD stablecoin USDAU
AllUnity is launching USDAU, its fourth fiatbacked stablecoin, expanding a MiCAregulated lineup that already covers the euro, Swiss franc and Swedish krona.…
Robinhood announces AI agent for customers that trades around the clock, plus 10x crypto perps
Robinhood users could soon access an AI agent that trades on behalf of them even at 2 am. Plus, they will get to trade crypto perpetuals. Source:CoinDesk
Kalshi in advanced talks to raise new funding at $40B valuation: Reuters
The prediction market was valued at $22 billion in a $1 billion funding round just four months ago, after doubling its valuation from December.…
XRP Ledger starts carrying fund records from Brazil operator overseeing $4 trillion
The regulated operator is mirroring ownership of selected investment funds on XRPL while keeping its existing database as the official record. Source:CoinDesk
Crypto.com AI agent still in ‘stealth mode’ nearly 8 months after Super Bowl debut
In February, ai.com drew enough traffic to crash its website after a $15 million Super Bowl ad, but months later, users are still wondering what’s happened to…
Binance Pay lets visitors spend USDT at PayPay merchants in Japan
Binance Pay will let overseas users spend USDT at most PayPaysupported merchants in Japan through HIVEX, while stores receive yen. Source:Cointelegraph
Robinhood adds AI agents, perps and weekend trading in push to win active traders
The brokerage is expanding its trading hours and adding leveraged crypto products and automated trading tools to attract more active investors. Source:CoinDesk
Crypto regulation at SEC, CFTC to come down to 3 commissioners following key resignation
Seven commissioner seats at the SEC and CFTC will be empty after Friday, leaving only a few leaders at financial regulators to oversee aspects of the $3…
OpenAI valuation could hit $1.4T in new funding round: Report
OpenAI is reportedly seeking another $30 billion from investors as the ChatGPT developer pushes its longawaited public market debut into 2027.…