Month: May 2025

Much-Awaited Fed Rate Cut May Not Come Before Q4, ING Says

The Federal Reserve may not cut interest rates any time soon, but when it does, the easing could be aggressive, according to Dutch investment bank ING. On Wednesday, the Fed kept the benchmark rate on hold between 4.25% and 4.5%, with Chairman Jerome Powell raising the specter of stagflation...
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Stripe Unveils Payments Products Powered by ‘Gale-Force Tailwind’ Stablecoins

Stripe is ramping up its stablecoin capabilities, expanding the provision for businesses to receive and hold payments on cryptocurrency rails. Following on from Stripe’s acquisition of stablecoin platform Bridge, the San Francsico-based payments giant has unveiled a new money management service powered by stablecoins. Stablecoin Financial Accounts will enable...
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Coinbase Stock Is Getting A Boost Ahead Of Q1 Earnings: What’s Going On?

Coinbase Global Inc (NASDAQ:COIN) shares are surging Thursday morning following reports the company has agreed to acquire a major crypto options platform. What Happened: Coinbase has reached a deal to acquire Deribit for roughly $2.9 billion, according to a Wall Street Journal report. The company operates the largest options...
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