Empery Digital, formerly a Bitcoin treasury company, is selling 1,400 Bitcoin to invest $65 million in a 25% stake of a new 150 MW AI data center project in the Midwest, developed with Hunt Properties. This marks a strategic pivot from Bitcoin accumulation to AI infrastructure, ending their Bitcoin buying and treasury dashboard. The project, valued around $260 million, targets growing demand for AI compute power, signaling a shift in corporate investment focus away from cryptocurrencies toward AI technology.
Bitcoin has stabilized around $77,000 as the crypto market anticipates the Federal Reserve's interest rate decision this Wednesday, with a 90% chance of a 0.25% hike. After peaking at $81,200 in late August, Bitcoin retreated and consolidated in the ...
The Schwab U.S. Broad Market ETF (SCHB) currently holds about 2,380 U.S. stocks but has a high concentration risk, with 33.7% of its assets in the top 10 holdings and 36% in the technology sector. This concentration is increasingly hard to justify as...
Paxos' USDG stablecoin reached a remarkable $21.8 billion in trading volume on Uniswap during September, accounting for 98% of its decentralized exchange activity. This surge was driven by Uniswap's launch of the StablePair Hook, a dynamic fee system...
The Federal Reserve's first interest rate increase since 2023 is estimated to boost Interactive Brokers' annual revenue by about $81 million. This rate hike reflects the Fed's monetary policy shift and directly benefits brokerage firms like Interacti...
Russia's Moscow Exchange (MOEX) will launch perpetual futures contracts for XRP alongside Bitcoin, Ethereum, Solana, and TRON on September 22. These contracts, quoted in USD but settled in Russian rubles, allow qualified investors to gain price expos...
