Agora's AUSD stablecoin has doubled its market cap on the Monad blockchain to about $73 million within a week, becoming the largest stablecoin on the network. This growth is driven by Monad's recent launch and Pendle's introduction of AUSD yield pools offering significant weekly rewards. AUSD is fully backed by US dollar reserves managed by VanEck and custodied at State Street, with Agora aiming to enhance credibility through a proposed National Trust Bank charter. Investors should watch how AUSD maintains liquidity post-incentives and how regulatory moves might open new banking and enterprise opportunities.
The Rosen Law Firm has announced an investigation into Putnam Investment Management, LLC for potentially issuing misleading business information to investors in its stock-based mutual funds. Investors who purchased these funds might be eligible for c...
Micron reported an exceptional 346% revenue growth in Q3 FY26, showcasing strong earnings and guidance. Despite this, tech and semiconductor ETFs fell last week due to investor concerns about inflation-driven supply chain costs affecting the AI secto...
BNB, Binance's native token, benefits from multiple uses including trading fee discounts and staking, supported by quarterly token burns reducing supply. By 2031, conservative estimates place BNB's price between $1,200 and $1,800, assuming steady mar...
Micron Technology reported stronger-than-expected earnings and raised its guidance thanks to rising DRAM and NAND prices and robust demand from data centers. However, major tech companies like Alphabet, Microsoft, Oracle, and Meta are shifting to hea...
Galaxy Digital CEO Mike Novogratz attributes the recent Bitcoin price crash to a crisis of confidence triggered by significant unrealized losses at MicroStrategy and a shift in macroeconomic policies, particularly the Federal Reserve's hawkish stance...
