
Crypto rises even after Iran launches missiles in response to U.S. strikes: CNBC Crypto World
On today's episode of CNBC Crypto World, cryptocurrencies rise even as tensions in the Middle East continue to escalate. Plus, Wall Street keeps its eye on stablecoins as Fiserv launches a stablecoin and digital assets platform. And, Pete Najarian of RW3 Ventures breaks down the crypto market reaction to geopolitical tensions.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
8 hours ago
- Yahoo
Fiserv Gains Attention After Stablecoin Launch; William Blair Maintains Outperform Rating
Fiserv, Inc. (NYSE:FI) ranks among the best fundamental stocks to buy according to hedge funds. Following Fiserv, Inc. (NYSE:FI)'s stablecoin announcements, William Blair kept its Outperform rating on the company on June 23. As investors carefully weigh the ramifications of the stablecoin operations, including the introduction of FIUSD, the company's own stablecoin, the firm anticipates that the immediate surge in Fiserv, Inc. (NYSE:FI) shares will subside. According to William Blair, Fiserv is acting swiftly to mitigate the risks that stablecoins can pose to the deposit bases of its financial institution customers, which could impact growth. Although William Blair believes it will take time for the stablecoin ecosystem to mature and that early players like Fiserv, Inc. (NYSE:FI) would probably need to modify their plans as the market changes, the firm views the company's stablecoin debut as a step to preserve flexibility rather than an adverse development. Fiserv, Inc. (NYSE:FI) is an American multinational financial technology company that primarily serves banking and fintech clients through its payment solutions and technologies, including digital banking platforms, card issuance and processing, merchant acquisition, and point-of-sale systems. While we acknowledge the potential of FI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Yahoo
Mastercard Integrates Fiserv's New FIUSD Stablecoin into Global Payment Network
Fiserv Inc. (NYSE:FI) is one of the undervalued S&P 500 stocks to buy according to hedge funds. On June 24, Mastercard Incorporated (NYSE:MA) and Fiserv announced that the companies are expanding their partnership to integrate Fiserv's new programmable and blockchain-based stablecoin, called FIUSD, into Mastercard's global payment network. The partnership will enable seamless on/off-ramping and allow consumers and businesses to easily transition between fiat currencies and FIUSD. Mastercard will also facilitate FIUSD as a settlement option for its global acquirers, which means that merchants can receive payments in FIUSD regardless of the original payment method used. A programmer coding on a laptop in the center of a creative workspace. A key component of this integration involves the Mastercard Multi-Token Network/MTN. Fiserv's Digital Asset Platform, which is powered by Finxact, will use MTN to support programmable on-chain commerce for banks. Furthermore, the collaboration will lead to the issuance of stablecoin-linked cards and enable FIUSD transactions at any of the over 150 million Mastercard-accepting locations worldwide. Fiserv Inc. (NYSE:FI) provides payments and financial services technology solutions internationally. Mastercard Incorporated (NYSE:MA) is a technology company that provides transaction processing and other payment-related products and services. While we acknowledge the potential of FI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio


CNBC
2 days ago
- CNBC
Sen. Tim Scott says crypto market structure bill will be done by end of September: CNBC Crypto World
On today's episode of CNBC Crypto World, shares of crypto miner Core Scientific continued to climb for a second day following reported buyout talks with AI infrastructure giant CoreWeave. Plus, Sen. Tim Scott shares a timeline for a bill establishing rules for U.S. crypto markets. And, Ric Edelman, founder of the Digital Asset Council of Financial Professionals, explains why he's calling for financial advisors to allocate up to 40% to crypto in portfolios.