Kelly Clarkson’s expensive purchases: A multi-million dollar real-estate portfolio that spans the country
From a sprawling waterfront mansion in Tennessee and a lavish California estate to a cozy Montana ranch, Kelly Clarkson is no stranger to expensive purchases.…
Circle targets 40 new markets as stablecoin demand grows globally
The stablecoin issuer’s CEO Jerermy Allaire told Reuters demand for digital dollars is growing across Asia, Africa and Latin America as banks and payment…
TSMC CEO sees no sign of a slowdown as chip foundry reports record profit
The semiconductor foundry announced thirdquarter net profits of 763.34 Taiwanese new dollars, marking a record. Source:MarketWatch
CoreWeave’s AI bonds tumble, raising red flags for the wider market
CoreWeave’s bonds issued six months ago fell to 81 cents on the dollar earlier Wednesday, yielding more than 15% Source:MarketWatch
Bitcoin holds $83,000 as dollar strength keeps markets on edge
Bitcoin and gold hold steady as a firm dollar and rising bond yields weigh on sentiment, while IREN secures a multiyear cloud services deal with Anthropic.…
The bond market is doing the Fed’s job, and that could be good news for stocks, says Morgan Stanley strategist
A stronger dollar, higher bond market yields and elevated gas prices are already tightening financial conditions in the U.S. to the point that Kevin Warsh may…
XRP Ledger patched decade-old bug that could create billions of dollars in XRP from nothing
Researchers demonstrated how a payment could create spendable XRP without the sender funding it, prompting an emergency software release. Source:CoinDesk
Live news: Risk assets under pressure as bond selloff and oil rally intensify
Rising Treasury yields, surging energy prices and a stronger dollar weigh on bitcoin and tech, while silver falls below $59 an ounce. Source:CoinDesk
Rain is seeking a national trust bank charter to bypass third-party banks
The stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem…
Bitcoin dips below $84,000 as oil jumps on Iranian tanker attacks
Bitcoin briefly broke under the level analysts flagged as the point where sellers take over. Oil and the dollar both climbed. Source:CoinDesk
Capital starting to rotate back to crypto from AI: Raoul Pal
Real Vision founder Raoul Pal says a pause in the AI stock rally could help crypto attract capital, while AI agents are likely to boost Ethereum and Solana…
Arbitrum joins Paxos-led stablecoin group Global Dollar to capture digital dollar growth
The Ethereum layer2 is backing Paxosissued USDG to earn a share of reserve income as new stablecoin alliances compete for distribution, users and reserve…