With $4.7 trillion in monthly volume, perpetual futures are the biggest and most active overseas crypto market. After nearly hitting the mark on SpaceX’s IPO price, traders are now weighing in on the Anthropic IPO.
David Reger’s $7 billion Neura Robotics wants to be the Apple of physical AI, building not only an army of industrial and humanoid robots, but also their operating software system and the “gyms” where they will train. Nvidia, Amazon and Tether are onboard to the tune of $1.4 billion.
Pardoned by Trump after his firm pleaded guilty to failing to police money laundering by terrorists, Changpeng Zhao offers a whitewashed account in Freedom of Money of how he built Binance and became one of the world’s richest people.”
After a year of regulatory thaw and institutional buy-in, crypto is settling into the financial system’s core.
First Vlad Tenev blew up the brokerage industry’s fee model. Now, thanks in part to his full-on crypto embrace, he has increased his fortune sixfold to $6 billion as he embarks on a global financial services takeover with tokenized stocks, AI-powered investing and a bid to own the rails of the looming $124 trillion generational wealth transfer.
As the Trump administration fast-tracks stablecoin regulation, analysts are beginning to predict surging demand for U.S. Treasurys. This story was featured in Issue 17 of Forbes Australia. Tap here to secure your copy. Brian Moynihan, the chief executive officer of $2.6 trillion (assets) Bank of America, doesn’t usually make headlines for his crypto opinions. But in February, he […]
Despite questions over regulation, lingering SEC lawsuits and scores of billion dollar zombie blockchain, bitcoin and the entire crypto market had a roaring comeback in 2024.
Most in traditional finance have long considered cryptocurrency a joke. Now legions of young meme coin traders are leaning into the absurdity, translating their financial nihilism into a booming—if perilous—$100 billion market.
Never mind the recent rally, for a decade the crypto industry has been selling the promise of decentralisation, a new financial system without middlemen, but many blockchain projects have recreated the very elements they tried to overthrow, and regulators are adamant about keeping the status quo.
Bankman-Fried’s favored cryptocurrency has nearly doubled in recent weeks. Along with gains in bitcoin and other assets, the crippled exchange now seems to have sufficient funds to meet small-investor claims.