D.E. Shaw has acquired a stake in bitcoin mining firm Riot Platforms and may push for strategic changes, Reuters reported, citing sources familiar with the matter. The size of the hedge fund’s position remains undisclosed, and both Riot and D.E. Shaw declined to comment. This marks the second activist investor to take an interest in … Read more
Cryptocurrency exchange OKX says “Solana’s meteoric ascent redefined the potential of Web3,” in its 2025 “State of DEXs” report. Solana Is Surging While Ethereum Is Fighting for Relevance Says OKX When it comes to dominating volume on decentralized exchanges (DEXs), Solana is eating Ethereum’s lunch – and drinking its milkshake – at least that’s how … Read more
For years, Silicon Valley has pushed the tech envelope beyond reason, where tech stocks are valued less on fundamentals and more on collective optimism. NVIDIA’s stock correction on Jan 27th, 2025, losing nearly 20%, contributed to an incredible $580 billion loss in its market value just in hours. This isn’t just a correction; it’s the … Read more
In the ever-expanding world of cryptocurrency, a select few projects manage to stand out due to their groundbreaking technology and high growth potential. Lightchain AI (LCAI) is increasingly being recognized as one of those projects, with experts dubbing it a “sleeper hit” for 2025. With its presale raising $13.2 million at $0.005625 per token, Lightchain … Read more
Federal Reserve’s hawkish hold omits specific inflation terms, hinting at rate pause, affecting gold markets. U.S. Treasury yields rise, 10-year note at 4.581%; dollar strengthens to 108.29 on DXY, up 0.22%. Gold traders incur moderate losses, awaiting further details from Fed Chair Powell’s press conference. Gold prices slumped as the US Federal Reserve (Fed) delivered … Read more
Republicans Jimmy Patronis and Randy Fine have a good chance of winning their respective races for Florida House districts on April 1.
The Federal Reserve Jerome Powell speech began with the Fed deliberately pausing to cut rates, which went against President Donald Trump’s demand to cut them. Trump is going to pin 100% of the blame for the market crash on Powell and then have the long knives brought out. Get ready. “The economy is strong; inflation … Read more
Germany’s 2024 decision to liquidate its 50,000 Bitcoin holdings may serve as a cautionary tale for the UK as giants like the US are considering building Bitcoin reserves. The UK’s potential BTC selloff may push it further behind in adopting cryptocurrency as an economic asset. Accounting giant RSM recently noted that the United Kingdom could … Read more
An XRP price drop below $2.95 could be a bull trap to collect downside liquidity, but the same scenario could be followed by a 45% rally to new highs.
Gensler asked his students at the outset of his previous course at MIT whether they thought crypto would change the future of finance.