Gen Z are investing like Boomers – with some surprising portfolio decisions
Like fashion, investing eventually finds something embarrassing in the back of the wardrobe and puts it on again. Millennial-era crypto gave us yield-bearing dog coins and all kinds of food-themed financial contraptions. Now Gen Z has entered the market…
Anthropic’s potential $2 trillion IPO is fueling an $80 million crypto trade
Anthropic’s prospective $2 trillion IPO has already spawned nearly $80 million in crypto derivatives bets before its public debut. Open interest in futures linked to the Claude developer has climbed to about $79.27 million, close to a record $80 million,…
Exchanges lower token risk values, leaving leveraged traders with less breathing room
Binance lowered the collateral ratio for six tokens on Sept. 18, while Coinbase International Exchange says 29 assets will leave its eligible-collateral list on Sept. 29. That ratio determines how much of an asset’s market value an exchange recognizes…
After Congress killed its landmark crypto bill, the SEC unlocked the $77 trillion US stock market through tokenization
The US Securities and Exchange Commission (SEC) has opened a five-year pathway for regulated US stocks to trade on blockchain-native venues. The Innovation Exemption came two days after the Senate failed to advance the CLARITY Act, a broad crypto…
Solana triples transaction size as major upgrades meet record network activity
Solana is rolling out some of its most significant performance upgrades as network activity reaches record levels. The blockchain is increasing how much data applications can pack into individual transactions while also shortening the interval between…
Ripple’s university strategy is evolving from blockchain labs to XRP logos in packed stadiums
Ripple is extending XRP’s push into US college sports, adding Louisville to a campaign that has rapidly expanded since July. The crypto company said Monday it struck a partnership with Louisville Athletics that will give XRP prominent exposure around the…
CoinEx quits after 9 years as crypto trading activity concentrates at biggest exchanges
Crypto exchange CoinEx is shutting down after nine years, citing shrinking revenue and rising compliance costs as the reasons the exchange is no longer viable. The centralized crypto platform said Sept. 15 that it will wind down operations in stages,…
Coinbase CEO sees Bitcoin at $400,000, but first it has to clear $81,000
Coinbase CEO Brian Armstrong says Bitcoin’s latest bottom is already in, even as the cryptocurrency remains below a level that historically confirmed recoveries. Armstrong said in Sept. 10 interviews with Bloomberg and CNBC that he expects Bitcoin to…
Strategy erased nearly $8 billion of net debt in 11 months and put S&P’s junk rating on the clock
Strategy, the largest Bitcoin treasury firm, is making a case for an escape from its B- junk credit rating after building billions of dollars in liquidity and reducing debt. On Sept. 10, Strategy’s head of investor relations, Chaitanya Jain, said the…
Hunter Biden launched LAPTOP to cure memecoin grift and created a whole new batch of losers
Hunter Biden’s LAPTOP token left nearly 80% of traders underwater within hours despite being pitched as an answer to memecoin grift. Hunter Biden is the son of former US President Joe Biden. Data from Bubblemaps showed that 12,151 of the token’s 15,206…