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China’s Yuan Hits 3-Year High as Trump-Xi Summit Shapes Market Sentiment
TLDR: China’s yuan touched a 3-year high after the PBOC set its strongest midpoint rate since March 2023. The Shanghai Composite fell 1.52%, its worst session in two months, driven largely by profit-taking. Analysts say markets are growing less sensitive to Sino-U.S. trade news, ...
Blockonomi·2d ago
Exclusive: Saudi Payments Pioneer Says AI Compute Power Could Become The World’s Most Valuable Asset
SADAD founder Faisal Monai says Saudi Arabia is rapidly advancing tokenization, stablecoins, and AI compute infrastructure as global finance shifts toward programmable digital systems.
Yellow News·4d ago
BlackRock’s Fink Spots Three U.S. Bottlenecks: Crypto Has 15 Altcoins Building the Answer
TLDR: Larry Fink identified power, compute, and chips as critical U.S. shortfalls, putting 15 altcoins in focus. Five compute tokens including $TAO and $RENDER offer decentralized GPU access below traditional cloud pricing. Power tokens like $EWT and $POWR enable peer-to-peer ren...
Blockonomi·6d ago
BlackRock Embarks on Ambitious Blockchain Journey
Asset management titan BlackRock takes significant strides into the blockchain space with strategic filings submitted to the US Securities and Exchange Commission. These documents represent BlackRock’s intensified focus on integrating blockchain technology into its investment pro...
BH NEWS·7d ago
BlackRock Targets Stablecoin Holders With Two New Tokenized Money Market Funds
BitcoinWorld BlackRock Targets Stablecoin Holders With Two New Tokenized Money Market Funds BlackRock is preparing to launch two new money market funds (MMFs) specifically designed for investors who hold cash in stablecoins rather than traditional bank accounts, according to a Bl...
BitcoinWorld·7d ago
Larry Fink Warns of Structural Compute Scarcity as AI Demand Outpaces Global Supply
TLDR: Larry Fink predicts compute futures will emerge as a new tradable asset class similar to oil and grain. Data centers are set to consume 70% of all memory chips produced globally across 2026. DRAM supply grows at just 16% annually while AI infrastructure demand surges at ove...
Blockonomi·8d ago
BlackRock reveals surprising new asset class
BlackRock CEO Larry Fink highlights shortages in power chips and compute capacity.
The Street·11d ago
Major Shift in Institutional Cryptocurrency Landscape
Cathie Wood, the Chief Executive Officer of ARK Invest, has drawn attention to BlackRock’s CEO Larry Fink’s optimistic stance on the tokenization of digital assets, which she identifies as a pivotal moment for institutional engagement in cryptocurrencies. She argues that Fink’s e...
BH NEWS·11d ago
The Trillionaire Race: 7 Rivals Chasing Elon Musk to $1T
Most of the trillionaire-race coverage you've read this year gets one thing wrong. It treats becoming the world's first $1 trillion person like a horse race where Elon Musk has a five-length lead. He doesn't. He has a structural advantage — a much bigger ownership stake in his co...
Finance Feeds·15d ago
Bitwise CIO sees tokenized stocks ending the slow email era of trading
Hougan believes tokenization could remove middlemen from every single stock trade.
The Street·15d ago
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The CLARITY cleared committee. What do you think?
It's a game changer for crypto
Step in the right direction
Don't care until it's signed
It dies before August