crypto

Blockchain

For PayPal Stablecoin Partner, $300T Error Is More Minor Mishap Than Real Risk

Photo via Andre M. Chang/ZUMAPRESS/Newscom

PayPal’s PYUSD is the world’s sixth-largest stablecoin with a current market cap of $2.7 billion, all fully-backed by US dollar deposits.

2 min read

Photo via aoo3771/Newscom

Finance

Schwab’s Record Revenue Showcases Wall Street Bonanza From Trade Tumult, AI Revolution

Over one million brokerage accounts have now been opened with Charles Schwab for four consecutive quarters.

2 min read
Photo via Silas Stein/dpa/picture-alliance/Newscom

Blockchain

Crypto Stocks and Currencies Earn Their Own S&P Index

Cryptocurrency markets still remain somewhat volatile, so indexing adds the appeal of smoothing out exposure.

2 min read
Photo via Illia Uriadnikov/Newscom

Blockchain

Tether Poised to Join Ranks of World’s Most Valuable Private Companies

A $500 billion valuation would put Tether on par with OpenAI and SpaceX — not to mention dwarfing its next closest direct rival, Circle.

2 min read

Finance

Halt and Catch Fire: IPO Market Accelerates After Sleepy Summer

Photo via Jimin Kim/ZUMAPRESS/Newscom

Investor appetite for StubHub and Klarna is especially compelling at a time when consumer sentiment starting to slump.

2 min read

Photo via Bonnie Cash – Pool via CNP/CNP / Polaris/Newscom

Advisor Upside

SEC Enforcement Claims Tumble Almost 50% This Year

Chairman Paul Atkins said his agency is going after fraud affecting retail investors.

1 min read
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Blockchain

Winklevoss Twins Seek $2.2 Billion Valuation for Gemini IPO

The pair invested early in bitcoin, becoming some of the world’s first bitcoin billionaires and launching Gemini in 2014.

2 min read
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Blockchain

Ethereum Battles Bitcoin for Wall Street Whales

Both of the two biggest cryptos surged on Friday after Federal Reserve Chair Jerome Powell hinted at a September rate cut.

2 min read

Advisor Upside

New Investors Display Higher Risk Tolerance, Greater Confidence: Fidelity

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Meanwhile, more experienced investors have a gloomier outlook and are most concerned with limiting losses.

2 min read

Advisor Upside

Art Might Be Beautiful, but Where Does it Fit in Portfolios?

Photo by Dannie Jing via Unsplash

Just like sports memorabilia and Pokémon cards, art is a risky venture that most clients probably shouldn’t touch.

1 min read

Photo by Krblokhin via iStock

ETF Upside

Crypto ETFs Get Major Relief From SEC

Bitcoin, Ether and other crypto ETFs are no longer limited to cash transactions — they can use in-kind creation and redemption.

2 min read
Photo by Allison Saeng via Unsplash

Advisor Upside

New Stablecoin Bills Are Normalizing Crypto for Advisors

Experts said the GENIUS Act, signed into law this month, will make advisors more confident about getting into digital currencies.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Hammad Khan via iStock and Chris Kleponis/ZUMAPRESS/Newscom

Blockchain

Stablecoins Are Here to Stay. Who Stands to Gain From Them?

Companies that have been waiting on the crypto sidelines are likely about to jump in the game following the passage of the GENIUS Act.

4 min read

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