A leading bank announced an institutional custody service, a key step toward mainstream adoption.
Business
Major bank launches crypto custody service
Traditional finance continues its push into digital assets.
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The stock market usually booms in the November-to-April stretch. This indicator suggests otherwise.
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.
Business
Coinbase powers Citi’s new stablecoin rails, and corporate banking faces a major shift
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 plans to spend $518 billion on AI infrastructure. Pre-IPO perps barely blink.
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 and 10-Year Bond Yields: Why Are They Near-Perfect Opposites?
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.