Several major hedge funds are celebrating a massive payout following Chevron’s $53 billion acquisition of Hess Corporation. After a lengthy 20-month court battle, the deal finally closed, resulting in billions of dollars in profits for these firms. Merger Arbitrage Pays Off These funds used a strategy called merger arbitrage, which involves betting on the success…
Coinbase CEO Brian Armstrong is calling the recent passage of a stablecoin bill a game-changer for the US financial system. He believes it heralds a new era of faster, cheaper, and more global payments. A Faster, Cheaper, Global Payment System President Trump recently signed the GENIUS Act into law. This law creates a regulatory framework…
US Bitcoin ETFs are having a fantastic run, attracting massive investments lately. This isn’t surprising, given the super positive vibes around crypto in the US right now. President Trump even signed the GENIUS Act, the first-ever crypto bill, into law! A Week of Big Numbers The week ending July 18th was particularly impressive. Daily inflows…
Hackers Take Control The official Stellar Blade X account was hijacked, and used to promote a fake cryptocurrency airdrop. The scammers posted links to a suspicious website (stellarcoin.com) promising massive token giveaways. These posts featured familiar game art and characters, making them appear legitimate at first glance. Crucially, the comment sections were disabled on all…
It’s mid-2025, and the crypto and traditional financial markets have been on a wild ride. Global events have created a strong link between them, even though Bitcoin and US stocks haven’t always moved in sync lately. But there’s definitely a connection. Decoding the Volatility Index (VIX) and Bitcoin Joao Wedson, CEO of Alphractal, recently shed…
Slowing Economy Prompts Call for Action Federal Reserve Governor Christopher Waller is urging the central bank to cut interest rates at its next meeting on July 29th. He believes a 25 basis point reduction is necessary to counteract a slowing US economy. Waller outlined three key reasons for this immediate action in a recent speech….
A massive wealth management firm, overseeing a staggering $48 billion in assets, predicts a significant jump for the S&P 500. They believe the index will reach record highs by year’s end. AI, Disinflation, and a Global Bull Market According to Mary Ann Bartels, the firm’s chief investment strategist, several factors are aligning to fuel this…
A crypto analyst, known as TechDev, is predicting a massive surge in altcoin prices. He’s been tracking a specific market indicator for years and believes it’s about to explode. A Five-Year-in-the-Making Signal TechDev shared his analysis on X (formerly Twitter), pointing to a chart called “TOTAL3.” This chart tracks the total market cap of all…
A massive data breach at the Centers for Medicare & Medicaid Services (CMS) has exposed the personal information of over 100,000 Americans. What Happened? Hackers created fake Medicare.gov accounts using information likely obtained from outside sources. This information included names, birth dates, Medicare numbers, and addresses. Once inside the accounts, they accessed even more sensitive…
Indian cryptocurrency exchange, CoinDCX, recently experienced a major security breach, resulting in the loss of $44 million. This follows a similar, even larger, attack on WazirX last year. What Happened? According to CoinDCX CEO Sumit Gupta, hackers breached one of their internal operational accounts. Importantly, Gupta stressed that user funds are safe and unaffected. The…
