Psalion launches $50M blockchain venture fund
Psalion has launched a $50 million venture capital fund focused on blockchain and digital asset startups.
Psalion has launched a $50 million venture capital fund focused on blockchain and digital asset startups.
The Solana Policy Institute has raised concerns about investment-related provisions in the proposed CLARITY Act.
Barclays Plc Chief Executive Officer CS Venkatakrishnan says he is "absolutely pleased" with the earnings published today. "Our capital efficiency is much higher than we thought it would have been at this time," he adds. Venkatakrishnan speaks on Bloomberg Television after the bank reported its equities traders delivered their best second-quarter haul in four years, generating £1.26 billion. The UK lender also announced a fresh £1 billion buyback.
Ripple USD (CRYPTO:RLUSD) is now available for trading on Upbit, a cryptocurrency exchange based in South Korea.
Base has expanded its payment network through new integrations with Shopify and Mastercard.
ADNOC's fertilizer subsidiary Fertiglobe reported revenue of $1.09 Billion for the second quarter that beat the average analyst estimate despite the blockade in the Strait of Hormuz. Ahmed El Hoshy, CEO of Fertiglobe spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the numbers and the potential risk from the Red Sea.
Oil extended its decline after President Donald Trump said the US and Iran were engaged in talks to try to end the Middle East conflict once again. Jorge Leon, Geopolitical Analysis Head at Rystad Energy spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa about the best & worst-case scenario for oil moving forward.
Bitcoin (CRYPTO:BTC) fell about 2% after U.S. markets closed as investors reacted to a sharp drop in South Korea's stock market.
Global chip stocks tumbled as investors questioned the longevity of the AI boom over concerns of debt and demand. Markets are also awaiting the Fed decision, but Citadel expects Kevin Warsh to deliver a surprise hike. Mehvish Ayub, Bank of Singapore's Head of Managed Solutions Advisory Dubai spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the Fed decision and tech stocks movement.
Charles Hoskinson said Cardano (CRYPTO:ADA) still has its best days ahead despite the token's long price decline.
Binance Futures has launched perpetual contracts tied to the BITO Treasury ETF, giving traders another way to trade ETF price movements.
The stablecoin market lost $7.7 billion in supply over the past week, while trading volume climbed to a record $1.79 trillion.