Citigroup is expanding its crypto push through a deeper partnership with Coinbase, tapping the exchange’s infrastructure to help corporate clients accept stablecoin payments as the Wall Street giant builds out payments, custody and tokenization services.
Business
Jim Paulsen thinks lagged indicators suggest the usual ‘best buying season’ for stocks may not be applicable this time and backtesting his model to 1970 shows meagre returns.
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Coinbase Virtual Accounts also gain automatic fiat conversion through Citi infrastructure, while customer usage remains undisclosed. The post Coinbase powers Citi’s new stablecoin rails, and corporate banking faces a major shift appeared f…
Business
Anthropic's prospectus seen by Reuters shows big spending plans despite heavy losses. Still, pre-IPO perps barely moved on cryptocurrency exchanges.
Business
McDonald's stock fell 32% as the 10-year yield rose 32%. See the theories and why the mirror image may be coincidence. The post McDonald's Stock and 10-Year Bond Yields: Why Are They Near-Perfect Opposites? appeared first on BeInCrypto.