Oracle’s stock price jumped over 13% on Thursday, hitting a new all-time high after the company announced its impressive fiscal year 2025 results. Record-Breaking Financials The tech giant’s fourth-quarter revenue surged 11% year-over-year to a massive $15.9 billion. Cloud services and license support revenue saw a particularly strong performance, climbing 14% to $11.7 billion. For…
The $230 billion stablecoin market is at a turning point. With the Trump administration aiming to make the US the global crypto leader and rapidly expanding stablecoin use, clear regulations seem likely. But will this actually improve stablecoins, or just make them bigger tools for speculation? The Stablecoin Paradox Stablecoins were designed to connect the…
Wells Fargo is predicting a major drop in Tesla’s stock price, despite the upcoming robotaxi launch. The bank believes Tesla’s core auto business is weakening, leading to a pessimistic outlook. Weak Auto Sales, Aggressive Discounts Analyst Colin Langan points to ongoing price cuts, disguised as financing promotions, as a sign of trouble. He notes that…
Binance, the world’s biggest crypto exchange by trading volume, recently added support for the decentralized finance (DeFi) app, HOME. This move sent the HOME token’s price skyrocketing. HOME’s Price Surge The price of HOME jumped significantly after the Binance listing. It went from $0.0201 on June 10th to a high of $0.038 just two days…
GameStop is raising a huge amount of money – $1.75 billion – to potentially invest more in Bitcoin. This comes just one day after they added almost 5,000 Bitcoins to their holdings! How GameStop Plans to Raise the Cash They’re doing this by selling special kinds of loans called “convertible notes” to big investors. These…
Cardano’s development is getting a boost with the acceleration of Starstream, a zero-knowledge virtual machine (zkVM). Speeding Up Development Sebastien Guillemot, a key developer, announced that the team is expanding to three full-time developers, plus himself, to speed up Starstream’s development. This shows a significant commitment to getting Starstream onto the Cardano mainnet faster than…
Will the XRP price finally break out? A key date is looming that could significantly impact its future. The June 16th Deadline June 16th is shaping up to be a pivotal day for XRP. This is because of a deadline related to the ongoing Ripple vs. SEC lawsuit. Legal experts are watching closely, and the…
The crypto world is facing a serious problem: a surge in kidnappings targeting wealthy individuals in the industry. This isn’t just a few isolated incidents; it’s a worrying trend. The Numbers Are Rising Reports show a sharp increase in crypto-related kidnappings. We’re talking almost 30 in-person attacks so far this year alone, potentially surpassing previous…
Big banking groups are seriously worried about cybersecurity at government agencies that regulate them. A recent hack of the Office of the Comptroller of the Currency (OCC) has them especially concerned. Banks’ Concerns and Proposed Solutions The American Bankers Association, Bank Policy Institute, Managed Funds Association, and Securities Industry and Financial Markets Association wrote a…
FIFA Rivals, a new mobile arcade-style football game, is officially launched worldwide! Available now on the App Store and Google Play, the game lets you build your dream team and compete against others. Fast-Paced Fun for Everyone Developed by Mythical Games and officially licensed by FIFA, FIFA Rivals offers a fresh take on mobile football….
