Business & Economics

Ark Invest Buys More Robinhood Shares as It Cuts Bitcoin ETF Exposure

Ark Invest Adds to Robinhood Bet Cathie Wood’s Ark Invest is increasing its position in Robinhood Markets while reducing some exposure to a spot Bitcoin...

China Gold Demand Jumps as Imports Reach Two-Year High and Central Bank Keeps Buying

China’s demand for gold picked up sharply in March as imports hit their highest level in two years. The latest data shows China imported...

Startale Secures $63M Funding to Accelerate Japan’s Onchain Finance Push

Startale Group has raised $63 million in a Series A round, signaling strong momentum for regulated blockchain finance in Japan and across Asia. The...

OpenAI Eyes $850B IPO as SpaceX Listing Buzz Fuels Tech Market Optimism

OpenAI is reportedly preparing for a massive initial public offering that could value the company at up to $850 billion. At the same time,...

Circle Shares Sink 20% as Stablecoin Market Risks Come Back Into Focus

Circle Internet Group (NYSE: CRCL) saw its stock tumble about 20% on Tuesday as investors stepped back and reconsidered the company’s long-term growth story. The...

Capital B Boosts Bitcoin Holdings to 2,888 BTC After Successful Fundraise

Capital B has expanded its Bitcoin treasury following a fresh capital raise, reinforcing its long-term bet on the leading cryptocurrency. Strong Investor Demand Fuels Expansion The...

Hostplus Considers Crypto Investment Options as Member Demand Surges

Australia’s Hostplus is exploring plans to introduce cryptocurrency investment options, signaling a shift in the country’s traditionally cautious pension sector. The A$150 billion superannuation...

IEA Warns Iran War Could Trigger a Global Energy Shock Worse Than the 1970s

Energy Crisis Fears Rise The war involving Iran could spark a global energy shock that rivals, and possibly exceeds, the oil crises of the 1970s....

xAI Courts Wall Street Experts to Make Grok Smarter for Finance

Elon Musk’s xAI is pushing deeper into the financial world. A new Bloomberg report says the company is hiring bankers, credit specialists, and other...

Brent Crude Surges Past $100 as Middle East Conflict Raises Global Supply Fears

Brent crude oil climbed above $100 per barrel for the first time in years as escalating tensions in the Middle East rattled global energy...

XRP Price Hints at Bullish Reversal as Negative Funding Rates Build Pressure on Short Sellers

XRP may be preparing for a new upward move as several market indicators start to align. Recent derivatives data and on-chain activity suggest that...

Bitcoin Exchange Supply Drops to Record Low as Winklevoss Twins Move $130M in BTC

Bitcoin supply on cryptocurrency exchanges has fallen to its lowest level on record. At the same time, Gemini founders Cameron and Tyler Winklevoss recently...