Ark’s chief, Cathie Wood, has lowered her long‑term price forecast for Bitcoin, even as the firm shuffles its crypto‑related holdings. The company sold portions of Circle and Bullish, which together make up less than 1 % of its portfolio. Instead of cashing out, Ark used the money to buy more
Grok, an AI that talks about money, said that if a big company called Strategy didn’t keep buying Bitcoin, the price would drop by about $10, 000 to $20, 000. The company’s steady buying and the idea that big banks are getting into crypto give Bitcoin a push upward. When people ask about only
Alcoa, a major player in the aluminum industry, is close to selling its long‑abandoned Massena East smelter in upstate New York. The plant, which stopped operating in 2014 because of high energy bills and tough global competition, sits along the St. Lawrence River and is ready for a new purpose.
The U. S. government wants stablecoin companies to act like banks when it comes to stopping crimes like money laundering. New rules from the Treasury Department would require these firms to set up systems that block suspicious payments, freeze accounts linked to criminals, and report illegal activit
Industrial buildings that once made metal now find new purpose feeding computers instead. In upstate New York, a shuttered aluminum plant along the St. Lawrence River could soon hum with activity again, not for smelting aluminum, but for minting digital coins. The facility has stayed dark since 2014
Bitcoin fans and investors keep a close eye on who’s in charge at the Federal Reserve—not because they care about Fed gossip, but because the chair’s decisions ripple through the economy in ways that hit wallets everywhere. Mortgage rates, savings account yields, and stock market swings all trace ba
Stripe is moving its payment system into a new world where blockchain and stablecoins are the backbone of how money travels around the globe. The company says it wants to become a universal platform for moving funds, much like Amazon Web Services does for computing. The move began with Stripe’s e
Ben McKenzie, once famous for a teen drama, now leads a new film that looks at the ups and downs of digital money. In his office, he wears a T‑shirt that carries the logo of FTX, the crypto exchange that collapsed after its founder was convicted of fraud. He admits his spouse won’t let him wear it a
Iran is testing a bold idea: charging oil tankers in Bitcoin to dodge US sanctions. The plan targets the Strait of Hormuz, where one-fifth of the world’s oil passes. Instead of dollars or local currency, ships might pay fees in BTC. But how practical is this? Experts debate whether Bitcoin’s speed
XRP has jumped about 10% in just seven days, catching the attention of crypto watchers. This sudden rise has people wondering if it’s just a small bump or the start of something bigger. Some traders point to a pattern called price compression, where an asset’s price gets squeezed into a tight range
