Economy

Economy
Economy

TRUMP memecoin deployer moves $94M USDC to Coinbase

Wallets tied to the TRUMP memecoin deployer have transferred approximately $94 million in USDC to Coinbase over the past three weeks, according to on‑chain analytics flagged by blockchain observers. On‑chain data indicates the USDC funds were generated through a DeFi strategy known as single‑sided liquidity provision on the Solana‑based decentralised exchange Meteora. In this approach, only

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Economy

Cardano approves budget for priority integrations ahead of 2026

Cardano is ending 2025 on a high note after approving the “Critical Integrations Budget Info Action” proposal decisively, a move EMURGO described as essential for funding and implementing priority ecosystem integrations. In a statement on X, EMURGO confirmed the proposal passed with strong backing, securing approval from six of seven Constitutional Committee members and over

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Economy

Why 2026 may be a strong year for biotech stocks

Biotech stocks have staged an impressive rally over the past six months, with the XBI index – key benchmark for small and mid-cap biotech names – posting one of its strongest stretches on record. Mizuho’s senior healthcare analyst Jared Holz believes this momentum is more than a short-term bounce. Speaking with CNBC, he argued the

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Economy

South Korea’s FIU fines Korbit $1.9M for AML lapses and undisclosed transfers

South Korean cryptocurrency exchange Korbit has been hit with a 2.73 billion won ($1.9 million) fine and an institutional warning by the Financial Intelligence Unit (FIU) for multiple breaches of anti-money laundering (AML) regulations. Alongside the financial penalty, the FIU issued disciplinary actions against the exchange’s top compliance personnel, including a caution to the CEO

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Economy

Bitwise expands product suite with 11 single-asset strategy ETFs

Bitwise has filed with the United States Securities and Exchange Commission to launch 11 new exchange-traded funds that would track a range of individual altcoins while also investing in related financial products. Per the Dec. 31 filing, Bitwise’s new “strategy” funds would give investors exposure to a wide array of tokens such as Aave, Starknet’s

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Economy

Neo co-Founders’ public dispute raises alarm over governance and fund control

In a dramatic turn of events shaking the cryptocurrency world, Neo co-founders Da Hongfei and Erik Zhang have entered a public dispute over the blockchain’s governance and financial management, highlighting critical questions about decentralisation and transparency. First reported by Wu Blockchain on December 15, 2024, the conflict exposes deep divisions within one of the leading

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Economy

Copper on track for biggest annual gain since 2009 amid supply crunch

Fuelled by expectations that the demand for copper—a key metal in electrification—will exceed supply, the metal is set to record its largest annual gain since 2009. Copper, often referred to as the “red metal,” has seen a remarkable rally on the London Metal Exchange this year, surging by over 40% and hitting a series of

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Economy

Binance to delist FDUSD trading pairs across major cryptocurrencies

As 2025 draws to a close, Binance is making another adjustment to its trading lineup, underscoring how large exchanges regularly recalibrate products before entering a new cycle. The crypto exchange said it will scrap several spot and margin trading pairs linked to the First Digital USD stablecoin on January 6. The change affects Bitcoin Cash,

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Economy

Michael Burry clarifies Tesla position amid valuation debate

Renowned investor Michael Burry moved to correct market speculation this week after renewed attention on his views about Tesla’s valuation. The Scion Asset Management founder said he is not betting against the electric vehicle maker, despite having described the stock as “ridiculously overvalued.” The clarification came in response to questions on social media, as investors

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Economy

3 ultra-high-yield stocks to consider for $300 of dividend income in 2026

Generating meaningful dividend income from modest capital requires disciplined stock selection and a clear mathematical framework. An allocation of $2,670 distributed equally across three carefully vetted ultra-high-yield securities, each offering yields exceeding 6%, can reasonably generate approximately $300 in annual dividend income. The challenge lies not in identifying high-yield opportunities, but in distinguishing between genuinely

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