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Bank of America, Citi and Goldman Sachs Join 21-Firm Group to Launch USD Stablecoin Twenty-one major financial institutions, including Bank of America, Citi, Goldman Sachs, Deutsche Bank, UBS, Fidelity Investments, Wells Fargo and MUFG, have committed to establish a new company
LATEST: 🇹🇭 Thailand's SEC proposed letting retail investors access qualifying overseas crypto derivatives through licensed intermediaries.
As Trump reportedly considers new limited strikes on Iran, oil is up +6% this week to its highest price in over a month. Every week that oil spends at these elevated prices adds upwards pressure on global inflation and pushes central banks towards raising rates.
BofA, Citi, Goldman Sachs among 21 institutions planning stablecoin launch
The planned venture will initially focus on a US dollar stablecoin before expanding to other G7 currencies, with a euro-denominated offering next.
Strategy turns MSCI’s own SEC words against its $24 billion MSTR threat
Persistent inflation is challenging bonds' traditional role as a portfolio diversifier, but Steve Laipply from BlackRock told Reuters that bond funds continue to see record flows, as investors look past the volatility and dislocations and focus on the income component
Why STX Rose 125% in Seven Days: The Higher-Beta Bitcoin Trade, Bitcoin Yield and Institutional Interest
The post Why STX Rose 125% in Seven Days: The Higher-Beta Bitcoin Trade, Bitcoin Yield and Institutional Interest appeared first on Coinpedia Fintech News Stacks’ native token STX rose by more than 125% over seven days in late August, once again showing why it is often viewed as a higher-beta Bit...
Cango shares plunge 20% after bitcoin miner reports $81.6 million Q2 loss
Bitcoin’s Korea Premium Flips Positive After Its Longest Losing Streak
South Korean investors appear to be returning to Bitcoin as the Korea Premium turns positive following its longest negative period.
Everyone Is Calling Rektember – That Might Be Why It Won’t Happen
Carney Tells US to Stop the Memes as Canada Readies C$27.6B Tariff Retaliation
Robinhood gets second bullish Wall Street call in two days
🇺🇸 NEW: The U.S. Department of Commerce is using Chainlink to publish key macroeconomic data onchain, including real GDP, the PCE Price Index, and real final sales to private domestic purchasers.
Tokenized S&P Hits New All-Time High as Onchain Demand Surges
Strategy Buys Bitcoin Again After a Two-Month Pause
Nvidia-Backed SB Energy Seeks $7 Billion In Nasdaq IPO
The post Nvidia-Backed SB Energy Seeks $7 Billion In Nasdaq IPO appeared first on Coinpedia Fintech News SB Energy, an AI power infrastructure company backed by SoftBank, OpenAI, and Nvidia, has filed for an IPO with the SEC despite having zero operational data centers and no revenue to date. The...
X Data Breach? Users Are Getting Flooded With Password Reset Emails Nobody Requested
X engineers have acknowledged the issue, but have not confirmed a new data breach of its systems.
Ethereum ETFs See Positive Inflows As September Trading Opens
VeChain Price Faces Key Test as VIP-255 Nears Launch
The post VeChain Price Faces Key Test as VIP-255 Nears Launch appeared first on Coinpedia Fintech News The VeChain price has reached a level where the next move could depend heavily on whether buyers can finally push through the 200-day EMA. The resistance sits around $0.0070, just as VeChainThor...
Cathie Wood’s Ark Invest Buys $37 Million in Bitcoin and Payments Firm Block
The investment firm bought 456,059 Block shares across three ETFs and added $3.4 million in Circle stock.
SpaceX Overhauls AI Data Center Team as SPCX Trades Near $143
Bitcoin Rallied 172% and 350% After Its Last Gold Correlation Spikes: Will History Repeat?
Ethena launches USDe payments app, offers 6% rewards
The self-custodial app brings USDe into everyday payments, savings and cross-border transfers, with annualized rewards of up to 6%.