Latest news with #Cryptocurrencies
Yahoo
3 days ago
- Business
- Yahoo
U.S. Treasury yields jump 6 to 8 bps amid shocking multi-billion outflows
U.S. Treasury yields jump 6 to 8 bps amid shocking multi-billion outflows originally appeared on TheStreet. Stablecoins pegged to the U.S. dollar have begun influencing yields on the U.S. Treasury bills, as per a working paper published by the Bank for International Settlements (BIS) on May 28. Stablecoins are cryptocurrencies that strive to keep their prices stable by being linked to a fiat currency like the USD or a commodity like gold. USD-pegged stablecoins, which dominate the segment, are mostly backed by U.S. Treasury securities. Considered one of the world's safest investments, these securities are debt instruments issued by the U.S. government to raise money. When you buy one, you're essentially lending money to the government in return for yields. Notably, the USD-pegged stablecoins purchased nearly $40 billion in T-bills in 2024, even eclipsing countries like Japan, Singapore, and Germany. The BIS paper says the surge and dip in the demand for USD-pegged stablecoins have evidently been influencing yields on 3-month Treasury per the empirical analysis based on daily data during January 2021 to March 2025, BIS says an inflow of $3.5 billion into stablecoins is associated with 3-month T-bill yields falling by up to 2-2.25 basis points (bps) within 10 days. Outflows into stablecoins tend to have a quantitatively larger impact on Treasury yields than inflows, the paper highlights. For example, an outflow of the same magnitude from stablecoins is associated with 3-month T-bill yields soaring by 6-8 bps. The paper didn't find the stablecoin flows impacting yields on long-term, say 2-year and 5-year, Treasury instruments. However, there is limited evidence of a spillover effect on the 10-year debt yields. The stablecoin market is worth more than $265 billion at the time of writing; Tether's USDT and Circle's (NYSE: CRCL) USDC are the largest stablecoins. The BIS paper notes that USDT flows impact yields the most, with an average contribution of 70% on T-bill yields. USDC flows come next with a 19% contribution on yields. U.S. Treasury yields jump 6 to 8 bps amid shocking multi-billion outflows first appeared on TheStreet on Jul 28, 2025 This story was originally reported by TheStreet on Jul 28, 2025, where it first appeared.
Yahoo
24-07-2025
- Business
- Yahoo
Top Cryptocurrency Stocks to Buy Amid Regulatory Tailwinds
An updated edition of the June 9, 2025 article. Cryptocurrencies like Bitcoin, Ethereum, Solana, Cardano, Dogecoin, XRP, Stablecoins and Altcoins are powered by blockchain technology, which comprises complex cryptography and software that creates an immutable and decentralized database. Blockchain's safety and decentralization features have been among the major drivers behind the proliferation of cryptocurrencies. The system offers enhanced security for users, as it maintains a tamper-resistant record of transactions and keeps track of the owner. Positive industry developments like the repeal of an accounting rule by the U.S. Securities and Exchange Commission ('SEC'), and the agency's decision to drop lawsuits against Coinbase COIN and Robinhood HOOD are noteworthy developments. The passing of the GENIUS Act on July 17 provides a legal background to stablecoins. Other pending regulations — The CLARITY Act and The Anti-CBDC Surveillance State Act — bode well for cryptocurrency have been benefiting from the liberal policies of U.S. President Donald Trump. An executive order by President Trump that directed a working group to study and propose changes to cryptocurrency regulations bodes well for crypto enthusiasts. President Trump's announcement of creating a crypto reserve augurs well for cryptocurrency miners, including IREN Limited IREN, Cipher Mining CIFR, and exchanges like Coinbase and CME Group the most popular cryptocurrency, has been soaring due to increasing acceptance as a non-sovereign asset, as well as higher institutional and corporate adoption. However, volatility remains a headwind. Over the trailing 12 months, Bitcoin has traded between a low of $53,997.96 and a high of $119,963.30. Over the past seven days, Bitcoin has decreased 0.7%, whereas Ethereum, Solana, Cardano, Dogecoin, and XRP have surged 15.9%, 18%, 14.7%, 27% and 16.6%, respectively. Apart from cryptocurrency miners and exchanges, Amazon AMZN and NVIDIA NVDA are attractive choices. Our Cryptocurrencies & Blockchain Screen is an invaluable source for identifying Crypto and blockchain stocks with massive growth 30 cutting-edge investment themes with Zacks Thematic Screens and uncover your next big opportunity. 3 Crypto & Blockchain Stocks to Buy Right Now Robinhood benefits from higher retail participation in markets that is expected to drive trading revenues. This Zacks Rank #1 (Strong Buy) company's initiative to diversify its product base to acquire new clients and gain market share is noteworthy. You can see the complete list of today's Zacks #1 Rank stocks of tokenized stocks in the European Union (EU) in June, prediction markets hub (March 2025), options trading in the U.K., Futures market, Tax Lots feature for its investors, Robinhood Gold Card (March 2024) for its Robinhood Gold customers, thereby venturing into the credit card space, are noteworthy. In October 2024, HOOD launched Index Options and Robinhood Legend to focus on web traders. In November 2024, Robinhood added four cryptocurrencies to its platform, bringing the total number of cryptocurrencies available for trading to HOOD operates in a highly regulated industry, and hence it is exposed to regulatory risks, resulting in hefty fines and restrictions that may affect its profitability. Reportedly, the company is under investigation by Lithuania's central bank, its lead regulator in the European Union, regarding the newly launched tokenized equity Mining is expected to benefit from expanding opportunities at Black Pearl and Barbara Lake and longer-term expansion in 2026 and 2027. Black Pearl is the company's 300-megawatt data center in Wink, TX. Phase 1 is currently under construction and will feature 150 megawatts of air-cooled Bitcoin mining rigs. CIFR is evaluating options for the usage of the remaining 150 megawatts of capacity, including plans to build Phase 2 of the data center for Higher Performance Computing (HPC) hosting. This Zacks Rank #2 (Buy) company has inked a partnership with Fortress to develop a next-generation data center at the Barber Lakes site, driven by available capacity of 300 megawatts and 587 acres of surrounding land, in addition to its already energized substation. Cipher Minning plans to expand the facility with an additional 500-megawatt data center adjacent to the current 300-megawatt site. The additional 500 megawatts of capacity are expected to come online by latest site acquisition in Andrews County, TX, called Stingray, adds 100 megawatts of front-of-the-meter capacity and 250 acres of land adjacent to the transmission assets. The site is expected to energize in the third quarter of Zacks Rank #2 stock, IREN Limited, is one of the world's largest and lowest-cost Bitcoin miners, achieving 326% year-over-year hashrate growth in third-quarter fiscal 2025. IREN Limited achieved its 50 EH/s installed hashrate target in June. The company paused further expansion to prioritize continued build-out of AI is benefiting from growing Bitcoin mining revenues. In third-quarter fiscal 2025, Bitcoin Mining revenues jumped 24% year over year to $141.2 million. The momentum is expected to have continued in the fiscal fourth quarter. In April, May and June, IREN reported revenues of $50.1 million, $64.7 million and $65.5 million, respectively, aggregating to $180.3 million for fiscal fourth company mined 1,514 Bitcoins in third-quarter fiscal 2025 as compared with 1,347 in the previous quarter. IREN mined 579, 627 and 620 Bitcoins in April, May and June, respectively. AI Cloud revenues are accelerating, which bodes well for IREN Limited. In third-quarter fiscal 2025, AI Cloud services revenues jumped 33% year over year to $3.6 million. The company is supplying white labelled compute to leading US AI cloud providers. In April, May and June, IREN reported revenues of $2 million, $2.2 million and $2.2 million, respectively. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN) : Free Stock Analysis Report CME Group Inc. (CME) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report Robinhood Markets, Inc. (HOOD) : Free Stock Analysis Report Cipher Mining Inc. (CIFR) : Free Stock Analysis Report IREN Limited (IREN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
Globe and Mail
23-07-2025
- Business
- Globe and Mail
Top Cryptocurrency Stocks to Buy Amid Regulatory Tailwinds
An updated edition of the June 9, 2025 article. Cryptocurrencies like Bitcoin, Ethereum, Solana, Cardano, Dogecoin, XRP, Stablecoins and Altcoins are powered by blockchain technology, which comprises complex cryptography and software that creates an immutable and decentralized database. Blockchain's safety and decentralization features have been among the major drivers behind the proliferation of cryptocurrencies. The system offers enhanced security for users, as it maintains a tamper-resistant record of transactions and keeps track of the owner. Positive industry developments like the repeal of an accounting rule by the U.S. Securities and Exchange Commission ('SEC'), and the agency's decision to drop lawsuits against Coinbase COIN and Robinhood HOOD are noteworthy developments. The passing of the GENIUS Act on July 17 provides a legal background to stablecoins. Other pending regulations — The CLARITY Act and The Anti-CBDC Surveillance State Act — bode well for cryptocurrency enthusiasts. Cryptocurrencies have been benefiting from the liberal policies of U.S. President Donald Trump. An executive order by President Trump that directed a working group to study and propose changes to cryptocurrency regulations bodes well for crypto enthusiasts. President Trump's announcement of creating a crypto reserve augurs well for cryptocurrency miners, including IREN Limited IREN, Cipher Mining CIFR, and exchanges like Coinbase and CME Group CME. Bitcoin, the most popular cryptocurrency, has been soaring due to increasing acceptance as a non-sovereign asset, as well as higher institutional and corporate adoption. However, volatility remains a headwind. Over the trailing 12 months, Bitcoin has traded between a low of $53,997.96 and a high of $119,963.30. Over the past seven days, Bitcoin has decreased 0.7%, whereas Ethereum, Solana, Cardano, Dogecoin, and XRP have surged 15.9%, 18%, 14.7%, 27% and 16.6%, respectively. Apart from cryptocurrency miners and exchanges, Amazon AMZN and NVIDIA NVDA are attractive choices. Our Cryptocurrencies & Blockchain Screen is an invaluable source for identifying Crypto and blockchain stocks with massive growth prospects. Explore 30 cutting-edge investment themes with Zacks Thematic Screens and uncover your next big opportunity. 3 Crypto & Blockchain Stocks to Buy Right Now Robinhood benefits from higher retail participation in markets that is expected to drive trading revenues. This Zacks Rank #1 (Strong Buy) company's initiative to diversify its product base to acquire new clients and gain market share is noteworthy. You can see the complete list of today's Zacks #1 Rank stocks here. Launch of tokenized stocks in the European Union (EU) in June, prediction markets hub (March 2025), options trading in the U.K., Futures market, Tax Lots feature for its investors, Robinhood Gold Card (March 2024) for its Robinhood Gold customers, thereby venturing into the credit card space, are noteworthy. In October 2024, HOOD launched Index Options and Robinhood Legend to focus on web traders. In November 2024, Robinhood added four cryptocurrencies to its platform, bringing the total number of cryptocurrencies available for trading to 19. However, HOOD operates in a highly regulated industry, and hence it is exposed to regulatory risks, resulting in hefty fines and restrictions that may affect its profitability. Reportedly, the company is under investigation by Lithuania's central bank, its lead regulator in the European Union, regarding the newly launched tokenized equity products. Cipher Mining is expected to benefit from expanding opportunities at Black Pearl and Barbara Lake and longer-term expansion in 2026 and 2027. Black Pearl is the company's 300-megawatt data center in Wink, TX. Phase 1 is currently under construction and will feature 150 megawatts of air-cooled Bitcoin mining rigs. CIFR is evaluating options for the usage of the remaining 150 megawatts of capacity, including plans to build Phase 2 of the data center for Higher Performance Computing (HPC) hosting. This Zacks Rank #2 (Buy) company has inked a partnership with Fortress to develop a next-generation data center at the Barber Lakes site, driven by available capacity of 300 megawatts and 587 acres of surrounding land, in addition to its already energized substation. Cipher Minning plans to expand the facility with an additional 500-megawatt data center adjacent to the current 300-megawatt site. The additional 500 megawatts of capacity are expected to come online by 2029. The latest site acquisition in Andrews County, TX, called Stingray, adds 100 megawatts of front-of-the-meter capacity and 250 acres of land adjacent to the transmission assets. The site is expected to energize in the third quarter of 2026. Another Zacks Rank #2 stock, IREN Limited, is one of the world's largest and lowest-cost Bitcoin miners, achieving 326% year-over-year hashrate growth in third-quarter fiscal 2025. IREN Limited achieved its 50 EH/s installed hashrate target in June. The company paused further expansion to prioritize continued build-out of AI verticals. IREN is benefiting from growing Bitcoin mining revenues. In third-quarter fiscal 2025, Bitcoin Mining revenues jumped 24% year over year to $141.2 million. The momentum is expected to have continued in the fiscal fourth quarter. In April, May and June, IREN reported revenues of $50.1 million, $64.7 million and $65.5 million, respectively, aggregating to $180.3 million for fiscal fourth quarter. The company mined 1,514 Bitcoins in third-quarter fiscal 2025 as compared with 1,347 in the previous quarter. IREN mined 579, 627 and 620 Bitcoins in April, May and June, respectively. AI Cloud revenues are accelerating, which bodes well for IREN Limited. In third-quarter fiscal 2025, AI Cloud services revenues jumped 33% year over year to $3.6 million. The company is supplying white labelled compute to leading US AI cloud providers. In April, May and June, IREN reported revenues of $2 million, $2.2 million and $2.2 million, respectively. Research Chief Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN): Free Stock Analysis Report CME Group Inc. (CME): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Coinbase Global, Inc. (COIN): Free Stock Analysis Report Robinhood Markets, Inc. (HOOD): Free Stock Analysis Report Cipher Mining Inc. (CIFR): Free Stock Analysis Report IREN Limited (IREN): Free Stock Analysis Report
Yahoo
22-07-2025
- Business
- Yahoo
6 Under-the-Radar Cryptocurrencies with Incredible Growth Potential
Key Points Cryptocurrencies are soaring to all time highs. These assets remain compelling investments. 10 stocks we like better than Solana › Bitcoin (CRYPTO: BTC) and many other cryptocurrencies have soared to new all-time highs in recent weeks. Looking for under-the-radar crypto investments with high growth potential? Start your research with my handpicked list of cryptocurrencies. 1. Solana Ethereum competitor Solana (CRYPTO: SOL) is a bit more centralized, focusing more on high-speed, low-cost transactions. The upside to more centralization is that Solana can handle up to 65,000 transactions per second while Ethereum is typically limited to around 119 transactions per second. Solana's feeds are also lower, especially during periods of high network congestion. These advantages have attracted many projects to Solana's architecture, but not as many as on Ethereum's. But those who believe Solana's hybrid approach will be superior long term have a strong investment case. Investors should track network usage and the size of Solana's developer community to gauge the project's success over the long term. 2. Ripple While its price has been volatile in the past, XRP (CRYPTO: XRP) has done incredibly well this year, rising in value by more than 40%. Bulls believe that XRP, also known as Ripple, could eventually replace much of the global financial system, allowing banks to perform cross-border transactions faster, cheaper, and more transparently than current solutions. The total addressable market for Ripple is about $200 trillion. That's the total annual value of cross border transactions. Ripple wouldn't collect that much revenue, skimming a very small fee off these massive transaction volumes. Even so, the coin is looking at a huge long-term opportunity. Of course, there's a long way to go before Ripple established widespread institutional buy-in for its technology. But when it comes to under the radar projects with truly large long term potential, Ripple tops the list. 3. Tron Tron (CRYPTO: TRX) is currently one of the top 10 crypto projects in the world by market cap. The network is geared toward stablecoin and DeFi transactions, making it a viable investment for investors bullish on those two categories. Its network uses a delegated proof-of-stake (DPoS) consensus mechanism -- an arguably more efficient system than proof-of-work or traditional proof-of-stake systems on their own. Tron's founder, Justin Sun, often makes the headlines with a variety of publicity efforts. But he's a bona fide crypto veteran. He's associated with other notable projects including BitTorrent, Poloniex, and Huobi. 4. Hedera With a $10 billion market cap, Hedera (CRYPTO: HBAR) is focused on real-world application development by large corporations. Companies like Boeing and IBM are already testing its architecture. Hedera's focus on security better allows for enterprise adoption versus more decentralized networks. Its unique directed acyclic graph (DAG) mechanism allows the network to achieve consensus without mining -- a key differentiator that few other projects can match. 5. Litecoin Founded in 2011, Litecoin (CRYPTO: LTC) is one of the longest-tenured crypto projects. You can think of this project as a Bitcoin replica with faster block times and a different encryption algoritm. The network's transactions are about four times faster than Bitcoin. Investors have long associated Litecoin as crypto "silver", with Bitcoin being crypto "gold". Litecoin isn't as innovative as Tron or Hedera, but it's a crypto classic that should still be around for decades to come. 6. Monero One of the best-known privacy coins, Monero (CRYPTO: XMR) promised unmatched privacy features with a strong developer community. Its value has more than doubled over the past 12 months alone. The network uses advanced cryptographic techniques like ring signatures and stealth addresses, making it a great fit for users that prioritize privacy and censorship avoidance. Interested investors should also check out other privacy coins including Zcash, Dash, and Secret. Should you buy stock in Solana right now? 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 $665,092!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,050,477!* Now, it's worth noting Stock Advisor's total average return is 1,055% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Ryan Vanzo has positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, International Business Machines, Solana, and XRP. The Motley Fool recommends Hedera and Monero. The Motley Fool has a disclosure policy. 6 Under-the-Radar Cryptocurrencies with Incredible Growth Potential was originally published by The Motley Fool
Yahoo
21-07-2025
- Business
- Yahoo
Why Shiba Inu Is Surging Today
Key Points Cryptocurrencies largely advanced after the U.S. House of Representatives passed several crypto bills last week. The crypto rally is broadening out to altcoins. 10 stocks we like better than Shiba Inu › Since the market closed on Friday, the price of Shiba Inu (CRYPTO: SHIB) had traded 7.6% higher as of 10:15 a.m. ET today. There's no obvious reason behind the move, although the crypto sector largely moved higher this weekend due to several events. President Trump signs stablecoin bill into law President Donald Trump signed the Genius Act into law after the market closed on Friday. The Genius Act was one of three bills passed by the U.S. House of Representatives last week during so-called Crypto Week, and will look to create a framework for stablecoins, which are digital assets pegged to a commodity or currency. Investors likely believe that the three bills passed last week could create a regulatory environment that better positions crypto for the long term. In other crypto news, Trump Media & Technology Group announced today that it had purchased $2 billion of Bitcoin, the world's largest cryptocurrency. The crypto custodian firm BitGo also reportedly filed for an initial public offering, as momentum in the crypto sector is leading start-ups to consider going public. Additionally, the crypto rally seems to be broadening. Much of it had been dominated by Bitcoin and a few other cryptocurrencies for most of the year. But the new crypto legislation has lit a spark under cryptocurrencies like Ethereum, which seems to be benefiting from the stablecoin legislation because some of the largest stablecoins are issued on Ethereum's network. Shiba Inu was launched on top of Ethereum's network as an ERC-20 token, although has since built a layer-2 solution to conduct off-chain transactions. Shiba Inu often moves for no apparent reason It's not uncommon to see Shiba Inu move with the sector, although often with more volatility. While the token has advanced since launching in 2020, particularly with its layer-2 solution Shibarium, I still view it largely as a meme token and therefore advise investors to stay away. Should you buy stock in Shiba Inu right now? Before you buy stock in Shiba Inu, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Shiba Inu 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 $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Bram Berkowitz has positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy. Why Shiba Inu Is Surging Today was originally published by The Motley Fool
