Michael Saylor of Strategy highlights Bitcoin as a form of digital capital with qualities of traditional assets, suggesting it could serve as a global reserve asset and store of wealth rather than just a payment network. He emphasizes Bitcoin's strong historical returns over a four-year horizon despite its volatility and significant drawdowns. Currently, Bitcoin faces a tug-of-war between long-term buying and short-term selling pressures, influenced by inflation concerns and mixed investor sentiment. Saylor does not claim Bitcoin will replace traditional financial systems but sees it capturing value from various asset classes.
Archax, a FCA-regulated digital securities exchange, has integrated with the Aptos blockchain to enable over 100 regulated tokenized securities and real-world assets onchain. The first asset is the MembersCap Tokenized Global Reinsurance Income Fund,...
The Fidelity MSCI Information Technology ETF (FTEC) offers broad passive exposure to nearly 300 U.S. tech stocks, maintaining appeal despite concerns about a shift to value investing. It projects a robust 28.84% earnings per share (EPS) growth next y...
PayPal's CEO Enrique Lores is moving forward with a plan to operate the company independently after a proposed $50 billion sale fell through. He aims to revamp struggling parts of the business, cut billions in costs, and enhance Venmo by adding budge...
A Solana Foundation report shows stablecoins on high-speed blockchains can reduce costs and speed up global remittances, a market long burdened by high fees and slow transfers. Traditional systems charge around 6.49% on $200 transfers and take days t...
Franco-Nevada Corporation has agreed to acquire an additional A$170 million (about $122 million) royalty interest from Minerals 260 Limited, raising its total gross royalty on the Bullabulling Gold Project in Western Australia to 3.90%. The company a...
