Investment banker Joe Nardini reports that the AI trade remains robust, with significant transactions in megawatts as miners shift towards high-performance computing (HPC) and buyers pursue limited power resources. This indicates continued interest and investment in AI-related infrastructure on Wall Street.
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Ark Invest believes that Bitcoin is entering a new phase characterized by lower volatility and increased institutional allocations. The firm highlights that Bitcoin's price stability is attracting more investors, leading to larger investments from institutions. Ark's analysis suggests that this trend could enhance Bitcoin's
Solana exchange-traded funds (ETFs) have attracted $23.6 million in investments, marking a four-week high for the asset class. This surge in interest comes as Solana's price has seen a significant increase, contributing to the growing popularity of its ETFs. The recent performance reflects a broader trend of
The rise of crypto neobanks is being fueled by the increasing adoption of stablecoins and self-custody solutions. These neobanks offer users the ability to manage their digital assets more independently, reducing reliance on traditional banking systems. As stablecoins provide a more stable value compared to volatile cryptocurrencies, they are becoming
Coinbase has withdrawn its support for the Clarity Act, which aimed to provide clearer regulations for digital assets. The decision comes as the markup of the legislation has been delayed, causing uncertainty in the crypto regulatory landscape. This move reflects Coinbase's concerns about the current state of crypto