Author: GT

The stablecoin market could soon eclipse the entire crypto trading ecosystem that gave birth to it as regulatory tailwinds allow for the integration of the fixed-value tokens into the mainstream economy, according to predictions from global bank Citi. Above and beyond their role as tokenized cash for the crypto trading community, stablecoins — digital tokens whose value is pegged primarily to the U.S. dollar — are already expanding into payments and remittances. The next five years will likely see them replacing some overseas and domestic U.S. currency holdings as well as forming part of the short-term liquidity held at banks,…

Apple is planning to increase the prices of its iPhone lineup set to launch this autumn, though it is trying not to make it seem as if the hikes are connected to the U.S.’ tariffs on imports from China, The Wall Street Journal reported, citing anonymous sources. The company is considering instead linking the price hikes to other developments, which might include new features and designs, the report said, citing anonymous supply chain sources. Increased tariffs are expected to cost Apple $900 million in the third quarter, though the company has so far not confirmed if the U.S.-China trade war…

Bitcoin has captivated many investors due to its incredible long-term returns, but its volatility has kept some investors on the sidelines. The leading cryptocurrency regularly sees sharp fluctuations that can push it up or down by 10% in a matter of days. Explore More: 13 Cheap Cryptocurrencies With the Highest Potential Upside for You Advertisement: High Yield Savings Offers Powered by Money.com – Yahoo may earn commission from the links above. Try This: The New Retirement Problem Boomers Are Facing Not every investor wants to deal with that level of uncertainty, but you can’t question the results if you compare it to…

Crude oil futures jumped 4% on Monday, after the U.S .and China agreed to slash tariffs, easing trade tensions between the world’s two largest petroleum consumers.U.S. crude oil was up $2.52, or 4.1%, to $63.54 per barrel. Global benchmark Brent rose $2.33, or 3.65%, to $66.24 per barrel.Washington and Beijing agreed over the weekend in Switzerland to slash sky high tariff rates by 115%, U.S. Treasury Secretary Scott Bessent said Monday. The lower tariff rate will remain in place for 90 days as the world’s two largest economies continue to negotiate, Bessent said.”I would imagine in the next few weeks…

VCs are known to move in herds, which is why Eric Slesinger stands out a bit. While most American investors chase AI startups or U.S.-based defense tech startups, the former CIA officer is hunting for defense tech deals in Europe. In fact, Slesinger, founder of 201 Ventures, recently closed a $22 million fund focused on seed-stage European defense tech startups. His path from developing gadgets and software for CIA agents to becoming perhaps the only American VC exclusively investing in European defense tech also appears to be a prescient one. What would compel someone to leave “the best first job…

Tokyo-listed investment firm Metaplanet has added another 1,241 bitcoin (BTC) to its treasury, spending 18.4 billion yen (or $126 million at currency exchange rates) in its latest purchase, per a Monday disclosure. The acquisition brings Metaplanet’s total holdings to 6,796 BTC, worth over $706 million at current market prices. That has sent it above bitcoin-stacking nation El Salvador’s stash of 6,174 BTC, data from the country’s Bitcoin Office shows. The purchase was made at an average price of just over $102,119 per bitcoin, marking the firm’s most aggressive buy yet since launching its Bitcoin Treasury Operations in April 2024. The…

There’s a narrative that says Bitcoin is a great hedge against inflation, like gold. It might be true, but the proof behind the claim is a bit lacking. Bitcoin is differentiated from gold in at least three ways. 10 stocks we like better than Bitcoin › Bitcoin (CRYPTO: BTC) is, as you may have heard, often called by the catchy moniker “digital gold.” But there are a handful of key differences between Bitcoin and real gold, which has long been used as a store of value and as a hedge against inflation. Here are three of the most important ones…

Bitcoin BTC could soon hit record price highs, triggering accelerated gains in the wider altcoin market, as easing U.S.-China trade tensions may see markets react positively to a potential slowdown in the April CPI due this week. The U.S. has reached a trade agreement with China after two days of high-level negotiations in Geneva, U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer announced on Sunday. Both countries are set to issue a joint statement on the Geneva trade talks later Monday. The trade deal comes after weeks of a tit-for-tat trade war that saw both countries raise import…

Employees stand inside a supermarket without lights in Burgos on April 28, 2025, during a massive power cut affecting the entire Iberian peninsula and the south of France.Cesar Manso | Afp | Getty ImagesA catastrophic power outage affecting much of Spain, Portugal and the south of France has thrust the role of renewables and energy security into the spotlight.An abrupt and widespread blackout, one of Europe’s worst in living memory, affected the entire Iberian Peninsula on April 28.The outage, which lasted for several hours, plunged much of the region into darkness, stranded thousands of train passengers and left millions without…

For decades, buying property in Egypt meant navigating a fragmented real estate market, relying on personal networks, dealing with commission-driven brokers, and facing developers more focused on selling than serving customer needs. In 2019, Mostafa El Beltagy co-founded Nawy to bring transparency and efficiency to the market. Now positioning itself as Africa’s largest proptech platform, Nawy has raised $52 million in Series A funding, led by Africa-focused VC firm Partech Africa, validating its model of combining property listings with brokerage services. The round, which also includes $23 million in debt financing from Egypt’s top banks, brings the total to $75…