Author: driver789
Oracle (ORCL) shares jumped 11% in premarket trading on Wednesday after the company delivered stronger than expected results and pushed back against fears of a looming “SaaS apocalypse,” easing investor concerns about both AI disruption and its recent debt raise.Revenue climbed 18% to $17.19 billion, beating the $16.92 billion analysts, according to Wall Street Journal. Cloud revenue rose 41%, while cloud infrastructure sales increased by 81%, highlighting strong demand tied to artificial intelligence.Management used the earnings call to directly address concerns that generative AI could undermine traditional software vendors. Executives argued the opposite, saying customers want AI embedded directly into…
Bitcoin (BTC) is retesting resistance levels as its price recovers the $71,000 mark. However, an analyst has warned that the bear market is expected to continue and that the latest bounce could be short-lived. Related Reading Bitcoin Eyes Reclaim Of Former All-Time High Resistance On Tuesday, Bitcoin surged 7.5% from the Sunday lows toward the $71,000 area, retesting this key level for the second time in a week before momentarily retracing toward the $69,000 level. The cryptocurrency has been trading between the $63,000-$71,000 price range over the past month, briefly surging above the upper boundary during last week’s market bounce.…
The value of tokenized real-world assets (RWAs) on public blockchains has climbed about 66% in 2026, reaching roughly $23.6 billion as of Wednesday, according to DeFiLlama data.The market stood at around $14.1 billion on Jan. 1 before steadily rising through early March. Tokenized funds, including products backed by US Treasury bills, bonds and money market funds, account for the largest share of the sector.DeFiLlama data shows tokenized funds represent about 44.5% of the total market with $10.5 billion in value, followed by tokenized gold and commodities at roughly $6.5 billion and tokenized equities at nearly $4 billion. Other segments, including…
Investment bank B. Riley has entered the corporate bitcoin treasury sector with formal coverage of two Nasdaq-listed companies, Strategy Inc. (NASDAQ:MSTR) and Strive, Inc. (NASDAQ:ASST), assigning Buy ratings and price targets of $175 and $12, respectively. Analyst Fedor Shabalin led the Strive initiation, according to Investing.com The move comes as both stocks trade well below their previous highs, with bitcoin near $70,000. B. Riley framed the current valuation compression in both companies as an opportunity rather than a structural concern. Strategy shares currently trade at 1.2 times net asset value (NAV), down from a 3.4x peak in 2024. Strive trades…
TLDR: Ripple will acquire BC Payments Australia Pty Ltd to secure its Australian Financial Services License in 2026. The AFSL enables Ripple Payments to manage the full transaction lifecycle, from compliance to final payout settlement. Ripple’s APAC payments volume nearly doubled year-on-year in 2025, reflecting strong demand across the region. Ripple now holds over 75 regulatory licenses globally, making it one of the most licensed crypto firms worldwide. Australian Financial Services License (AFSL) acquisition plans mark Ripple’s latest regulatory move in Asia Pacific. The blockchain payments company announced the strategy on March 11, 2026, in Sydney. Ripple will obtain…
Stani Kulechov, the founder of decentralized lending platform Aave, says decentralized autonomous organizations (DAOs) need a rethink, namely, how much tokenholders vote on as opposed to input from leaders.His comments came in the wake of governance disputes about the future of the protocol.Kulechov said in an X post on Tuesday that DAOs, in their current form, are “extraordinarily difficult” to operate because of internal conflicts and proposals that can take weeks of forum posts, temperature checks and multiple votes to pass.DAOs are intended to operate without core leadership, with all decisions made through community consensus; however, average participation rates in…
Vitalik Buterin has outlined a plan to simplify distributed staking infrastructure on Ethereum, arguing that running validator nodes should not require specialized technical expertise. Summary Vitalik Buterin outlined a “DVT-lite” approach designed to simplify distributed Ethereum staking infrastructure. He argued that complex validator setups are “anti-decentralization” and should be replaced with easier deployments. The goal is to enable simple, near “one-click” distributed staking, particularly for institutions holding large amounts of ETH. In a recent social media post, Buterin discussed how the Ethereum Foundation is using a simplified “DVT-lite” setup to stake 72,000 ETH, describing the effort as part of a…
Ripple announced plans on Wednesday to secure an Australian Financial Services License through the proposed acquisition of BC Payments Australia Pty Ltd, per a release shared with CoinDesk.The acquisition, which is still subject to completion, would allow Ripple to offer its full payments stack in Australia, covering onboarding, compliance, funding, foreign exchange, liquidity management, and payout through a single integration. Australian customers currently using Ripple Payments include Hai Ha Money Transfer, Stables, Caleb & Brown, Flash Payments, and Independent Reserve.”Australia is a key market for Ripple, and an AFSL strengthens our ability to scale Ripple Payments across the region,” said…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has reclaimed the $2,000 level after several weeks of volatile price action, offering the market a brief period of relief following sustained selling pressure across the broader crypto sector. The recovery comes as derivatives activity begins to normalize, suggesting that leverage levels may be stabilizing after months of structural shifts in the Ethereum futures market. A recent report from CryptoQuant analyst Arab Chain highlights notable developments in Ethereum’s derivatives positioning. Data from the ETH Open Interest Z-Score (30-day rolling) on Binance shows meaningful changes in market…
Three individuals stole almost $1M on Bitcoin from a couple at knife point at their home. The Bitcoin Crime Modus Operandi French outlet TF1 Info reported today that on early Monday morning, a man and a woman in their late fifties were held captive in their home in Le Chesnay, Yvelines (France), by three individuals posing as police officers. Related Reading Following the TF1 account, the woman opened the door of her house when the individuals identified themselves as the police, only to be then pushed and kidnapped inside alongside her husband. The slightly injured woman and her husband were…