Latest news with #Cryptocurrency
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
Some of Trump's Biggest Inaugural Donors Benefit From Early Government Actions
The biggest contributor to President Trump's inauguration was chicken processor Pilgrim's Pride, which gave $5 million. In April, its Brazilian parent company, JBS, received government approval for a U.S. stock listing that it had long sought. The second largest donor was the cryptocurrency company Ripple, which gave about $4.9 million. In May it reached a settlement with the Securities and Exchange Commission to resolve a long-running lawsuit, sending its coin soaring.
ABC News
29-05-2025
- Business
- ABC News
Elon Musk leaves DOGE after criticising Trump's 'big beautiful' tax bill
Jared Mondschein from the US Studies Centre examines the impact Elon Musk had during his time within the Trump administration leading DOGE.
Globe and Mail
27-05-2025
- Business
- Globe and Mail
Atua AI Deepens XRP Cryptocurrency Stack to Support High-Performance Financial Intelligence
Advanced Integration Enables Smarter, Faster, and Scalable AI-Driven Operations for Web3 Finance Singapore, Singapore--(Newsfile Corp. - May 27, 2025) - Atua AI (TUA), the decentralized AI-powered productivity platform, has deepened its integration with the XRP cryptocurrency stack to support high-performance financial intelligence across multichain ecosystems. This upgrade strengthens the platform's ability to deliver real-time, intelligent automation for DeFi applications, asset management, and decentralized enterprise operations. To view an enhanced version of this graphic, please visit: With expanded XRP stack capabilities, Atua AI now provides even faster processing for complex financial tasks including cross-chain settlements, treasury automation, risk analysis, and yield optimization. AI modules such as Chat, Writer, and Classifier benefit from deeper access to XRP-based transaction layers, enabling instant data interpretation and seamless smart contract execution. The upgrade also enhances data transparency and operational reliability, giving developers and institutions the tools to build and manage scalable, AI-driven systems. Whether executing large-scale trades or managing multi-asset portfolios, users can now rely on Atua AI to deliver accurate, low-latency outputs backed by XRP's secure and cost-effective infrastructure. Atua AI's expansion of its XRP integration underscores its mission to combine advanced AI with robust blockchain frameworks. This step forward brings the platform closer to enabling fully intelligent, real-time financial ecosystems optimized for Web3 speed, scale, and security. About Atua AI Atua AI offers AI-powered productivity and creativity tools in the Web3 space. Its features include Chat, Writer, Imagine, Voiceover, and Classifier-all designed to empower users with intelligent, decentralized solutions for content creation, coding, analysis, and more. Media Contact Dorothy Marley KaJ Labs +1 707-622-6168 media@ Social Media Twitter Instagram
Yahoo
24-05-2025
- Business
- Yahoo
Why Solana, Avalanche, and Cardano Are Skyrocketing Today
Solana, Avalanche, and Cardano continue to benefit from a broad-based rally bringing most cryptocurrencies higher of late. However, these projects also have their own unique catalysts that are worth considering. Here are a few of the major partnerships and network updates that appear to driving today's price action, at least in part. 10 stocks we like better than Solana › It's starting to feel a lot like 2021 again, at least for cryptocurrency investors. The broad-based market rally in digital assets is continuing, with Solana (CRYPTO: SOL), Avalanche (CRYPTO: AVAX), and Cardano (CRYPTO: ADA) among today's biggest winners. As of 2:45 p.m. ET, these three tokens have surged 5%, 11.3%, and 5.7% respectively since 4 p.m. ET yesterday. These moves come as the world's largest cryptocurrency, Bitcoin, continues to march higher, recently breaking through the $110,000 level. Thus, this market rally can certainly be perceived as one that's not only top-down (Solana, Avalanche, and Cardano are all top-15 tokens by market capitalization), but it's pervasive as well, with tokens of varying sizes also outperforming equities and other risk assets right now. With that said, let's dive into some of the token-specific catalysts taking these three cryptos higher today. For investors in these top-tier crypto networks, fundamentals matter. Not in the conventional sense, as is the case with stocks -- crypto networks like Solana, Avalanche, and Cardano don't necessarily have revenue, earnings, and cash flow for valuation purposes. But there are key growth metrics for investors looking to place a value on the ecosystems they're interested in, from daily active users, to wallets holding these tokens, to overall transaction activity. Solana, Avalanche, and Cardano have seen strong growth over the years on these key metrics, driven in part by the willingness of the developer teams behind the scenes to work with outside companies and industries to grow their reach. Solana's recent partnership with R3, a U.K. developer of blockchain technology for a range of traditional financial institutions, is a great example of such a growth strategy. This partnership, announced today, could provide a meaningful growth engine for Solana investors over the long term. Avalance and Cardano have seen their own similar catalysts form in recent days as well. For Avalanche, a move from FIFA to team up with the leading decentralized blockchain ecosystem does appear to have spurred additional investor interest in the highly scalable network. The overarching goal with this partnership appears to be to build on top of FIFA's previous moves into the non-fungible token (NFT) market, targeting Avalanche as a key partner in this endeavor. And for Cardano, investors appear to be bracing for some news around partnerships and network development from the team's upcoming representation at the GITEX Europe 2025 conference in Berlin this week. We'll have to see what sort of major announcements come out of this event, but I wouldn't be surprised to see some material updates over the next day or two on partnerships/development work that's ongoing. It's been quite a few weeks for crypto investors, with many seeing their portfolios push back into the green. This rally is certainly enticing for investors who believe that risk-on sentiment will continue, though we are seeing some macro deterioration in the bond and equity markets investors will certainly be watching closely. That said, these three projects are among the best large-scale options for investors looking for blockchain exposure. For those bullish on this sector, these are three tokens I'd think about holding, particularly if new highs are in order across the board. Before you buy stock in Solana, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Solana wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $644,254!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $807,814!* Now, it's worth noting Stock Advisor's total average return is 962% — a market-crushing outperformance compared to 169% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Chris MacDonald has positions in Solana. The Motley Fool has positions in and recommends Avalanche, Bitcoin, Cardano, and Solana. The Motley Fool has a disclosure policy. Why Solana, Avalanche, and Cardano Are Skyrocketing Today was originally published by The Motley Fool
Yahoo
22-05-2025
- Business
- Yahoo
Novogratz Says SEC Under Biden Was 'Un-American'
Billionaire Michael Novogratz, CEO of Galaxy Digital Holdings Ltd. says the US Securities and Exchange Commission under President Joe Biden was "un-American" and unfair. He says it took more than 1,000 days to finally go public on the Nasdaq. Galaxy started trading there on Friday. He also talks about Bitcoin hitting a new record, the need for regulatory clarity and possibly turning Galaxy's shares into tokens. He speaks on "Bloomberg Open Interest."
