MoonPay to acquire SEC-registered North Capital in $60 million all-stock deal
The acquisition will support MoonPay’s aim of supporting mass adoption of tokenized realworld assets, CEO Ivan SotoWright said. Source:CoinDesk
MoonPay to buy North Capital in all-stock deal worth over $60M
MoonPay’s North Capital acquisition adds US brokerdealer, trading and investment infrastructure as it expands into tokenized securities. Source:Cointelegraph
Softbank’s mega junk-bond deal shows capital for the AI race is getting more expensive
The artificial intelligence buildout is officially crossing over to the world of junk bonds, where investors expect to be paid more for taking bigger risks.…
AMD hits a major milestone as AI stocks blaze higher
On an intraday basis, AMD became the 14th U.S. company to see its market capitalization top $1 trillion. Source:MarketWatch
'The orange tie stays': Michael Saylor responds to venture capitalist's bitcoin obituary
"Bitcoin feels like the CD in the age of Spotify, the DVD in the age of Netflix," wrote Jason Calacanis. Source:CoinDesk
‘I just want out’: Why Jeffrey Gundlach is moving his money as far from AI as possible — and what he’s doing instead
The DoubleLine Capital CEO founder and chief investment officer has laid out his fears over where the AI trade is headed and how he plans to protect…
AI has been a ‘net negative’ for crypto: Phemex CEO
Federico Variola says AI has diverted capital from crypto and is empowering attackers, while rising cybersecurity costs could push the industry toward greater…
Why banks should stop worrying and learn to love the Clarity Act
They could be the biggest winners from regulatory clarity, argues Alex Tapscott, CEO of CMCC Global Capital Markets. Source:CoinDesk
Ripple stablecoin chief sees $13 trillion corporate treasury opportunity for RLUSD
Payments and capital markets are driving growth for Ripple's $2.4 billion digital dollar as it looks to bring RLUSD to Europe under MiCA, the firm's Jack…
Tesla could transform the trucking business — and capitalize on high diesel prices
The EV maker aims to finally kick its longawaited Semi truck into high gear — unlocking a potentially huge opportunity, according to Morgan Stanley.…
Strategists say S&P 500 could top 8,000 — but risks of a pullback are mounting
While RBC Capital Markets, HSBC and Barclays all have price targets for the stock index around 8,000, they outline risks the market is facing.…
Strive’s SATA nears $1 billion market cap as Strategy’s STRC continues to underperform
SATA’s 13% annualised dividend and resilience around par are helping Strive raise capital and outperform Strategy. Source:CoinDesk