As part of this new direction, the company has introduced a plan to deploy $10 million into Ethereum-native NFTs and yield-generating assets, aiming for annualized returns between 6% and 10%.
Wall Street opened the week on a risk-on footing, with the S&P 500 and the Nasdaq 100 extending record highs as strong earnings reinforced confidence in corporate America and investors continued to shrug off trade tensions.
President Donald Trump shared on Sunday an old Bitcoin (CRYPTO: BTC) explainer video by cryptocurrency advocate Peter Van Valkenburgh, describing it as the “greatest” of all time.
The bid to set clear working rules for the cryptocurrency industry in the U.S. got a booster pill Thursday as the House of Representatives passed key pieces of legislation.
U.S. equities climbed on Thursday, with the S&P 500 briefly testing a record high 6,300 level at midday in New York, bolstered by strong earnings and upbeat retail sales data that reinforced investor risk appetite.
XRP’s price is currently just 3.3% below its peak of $3.40 seen earlier this year. Ethereum’s price jumped 9% in the last 24 hours, nearly just below the $3,500 threshold.
Leading cryptocurrencies rose alongside stocks on Wednesday as President Donald Trump denied that he plans to remove Federal Reserve Chair Jerome Powell.
