Crypto News

Image generated by CariGold The Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) was launched on 11/01/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Consumer Staples - Broad segment of the equity market. While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. Investor-friendly, sector ETFs provide many options to gain low risk and diversified exposure to a broad group of companies in particular sectors. Consumer Staples - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked...

Image generated by CariGold The Vanguard Small-Cap Value ETF (VBR) was launched on 01/26/2004 and is a passively managed exchange traded fund designed to offer broad exposure to the Small Cap Value segment of the US equity market. The fund is sponsored by Vanguard. It has amassed assets over $30.57 billion, making it the largest ETFs attempting to match the Small Cap Value segment of the US equity market. Why Small Cap Value There's a lot of potential to investing in small cap companies, but with market capitalization below $2 billion, that high potential comes with even higher risk. Value stocks are known for their lower than average price-to-earnings and price-to-book ratios, but investors should also note their lower than...

Image generated by CariGold Designed to provide broad exposure to the Industrials - Water segment of the equity market, the First Trust Water ETF (FIW) is a passively managed exchange traded fund launched on 05/08/2007. Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility, and tax efficiency, making them excellent vehicles for long-term investors. Investor-friendly, sector ETFs provide many options to gain low risk and diversified exposure to a broad group of companies in particular sectors. Industrials - Water is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 2, placing it in the top...

Image generated by CariGold CME's Second-Quarter Profit Rises on Higher Trading Activity Derivatives exchange CME Group reported a higher second-quarter profit as record volatility boosted demand for its products, often used to hedge against macroeconomic uncertainty. The company, facilitating futures and options trading, benefits during volatile periods, as observed with U.S. President Donald Trump's fluctuating tariffs in early April. The volatility index, indicating the extent to which investors seek protection against volatility, reached record levels in early April before retreating on trade deal expectations. Such sharp swings can dissolve positions by hedge funds, which often trade on thin margins. Desks across Wall Street...

Image generated by CariGold Is the Cryptocurrency XRP (Ripple) a Millionaire-Maker? Perhaps the oldest investing fantasy is to buy early, hold tight, and wake up one morning to see that your modest stake is suddenly worth millions. The fantasy occasionally comes true with cryptocurrency investments -- just not very often, and almost never once an asset is already large and well-known. XRP (CRYPTO: XRP) occupies exactly that space today. At roughly $3.55 per coin, its market cap hovers at about $210 billion, putting it at third place by size among all crypto assets. Should new buyers or long‑term holders expect a life‑changing 100-fold gain from here? Reality check Let's start with simple arithmetic, and assume that an investor is...

Image generated by CariGold Explainer: What is Tokenization and Is It Crypto's Next Big Thing? NEW YORK (Reuters) - Tokenization has long been a buzzword for crypto enthusiasts, who have been arguing for years that blockchain-based assets will change the underlying infrastructure of financial markets. The technology is seen as rapidly increasing in coming years, especially in the U.S., helped by the passage of three new bills. President Donald Trump's administration has eased regulation of the broader crypto industry, paving the way for a boom in the valuation of companies in the sector and the rapid growth of crypto-related securities. However, the growth of the market for tokenized assets has been far slower than expected in...

Image generated by CariGold Key Points Some stocks (and other investments) are special. My portfolio would be a shadow of its current self without my early embrace of Netflix. Apple has made a lot of millionaires over the decades. So-called "Bitcoin maximalists" feel that the oldest cryptocurrency is the only reasonable asset to carry your wealth for the long term. And it looks like Nvidia will dominate the market for artificial intelligence (AI) for years to come, making a lot of money for early investors along the way. Imagine trusting your entire portfolio to one of these assets. They are all interesting ideas that deserve serious consideration. But I wouldn't park my entire nest egg in any of these assets. No, not even Netflix...

Image generated by CariGold SharpLink goes all-in on Ethereum In the span of just two months, SharpLink Gaming has turned its business model upside down and inside out. Until May 2025, the company was an affiliate marketer for sportsbooks and online casino operators. Hence the ticker symbol featuring the word "bet." But, at the very end of May, the company announced that it would raise as much as $1 billion from investors in order to purchase Ethereum. The average price for the Ethereum purchased from the Ethereum Foundation was just $2,572. So, with the current price now $3,600, the company has already made a huge profit on this purchase. The company immediately went back into the market, and has been steadily buying more Ethereum...

Image generated by CariGold Key Points Inflation has come down quite a bit since 2022, when it reached 9.1%. The 12-month U.S. inflation rate sits at 2.7% as of June. During the two-decade period from January 2005 to June 2025, inflation was 2.6%, so the current rate is in line with the long-term average. But those rates are more than the Fed's target of 2%. And inflation, while normal in a healthy economy, cuts into your wealth unless you put your money in assets that generate a return. Cryptocurrency has become a popular hedge against inflation, and especially market leader Bitcoin (CRYPTO: BTC). The price of Bitcoin makes it a daunting investment, though -- it costs about $119,000 at the time of this writing (July 22). If you're...

Image generated by CariGold Key Points Nvidia (NASDAQ: NVDA) is currently the world's largest company, significantly ahead of second-place Microsoft (NASDAQ: MSFT). Despite concerns about the company's future growth potential due to its already remarkable success, I believe there is still considerable potential for the stock to climb higher in the coming years. A market cap approaching $7 trillion by 2028 could be achievable if particular projections come to fruition, indicating significant upside from Nvidia's current $4.2 trillion valuation, making it a smart stock to consider now. Nvidia's GPUs have a dominant data center market share Nvidia's dominance can be attributed to the success of its graphics processing units (GPUs)...

Image generated by CariGold S&P 500 Is Getting More Bitcoin Exposure as Block Joins the Club Block, Jack Dorsey's Bitcoin-focused payments company, is set to join the S&P 500 on Wednesday, a milestone moment for both the company and foray further into crypto for the benchmark index. Block (XYZ), which was rebranded from Square in 2021, is the second blockchain company to join the club after cryptocurrency exchange Coinbase Global (COIN) was added to the index in mid-May. That means index fund investors will get a modest bump in exposure to the world's largest cryptocurrency, bitcoin (BTCUSD). The company takes the spot vacated by Hess Corp., which was acquired by Chevron (CVX) in a deal that closed July 18. It's the third addition...

Image generated by CariGold Better Cloud AI Stock: CoreWeave vs. DigitalOcean Key Points: CoreWeave (NASDAQ: CRWV) and DigitalOcean (NYSE: DOCN) both help companies process artificial intelligence (AI) tasks with their cloud-based graphics processing units (GPUs). CoreWeave, previously a cryptocurrency mining company, mainly serves larger companies. DigitalOcean splits its servers into "droplets" for smaller businesses and developers. Each should be in a good position to profit from the explosive growth of the AI market. However, investors are clearly more bullish on CoreWeave, which went public at $40 in March but now trades at around $125. DigitalOcean trades at $29, nearly 40% below its initial public offering price of $47 from...

Image generated by CariGold Bitcoin boom: Trump's policies create 15,000 new millionaires in 2025 Almost 16,000 Bitcoin holders have joined the millionaires' club between 20 January and 20 July 2025, according to a new report from Finbold. The 15,841 new additions bring the total number of Bitcoin millionaires to 192,205, an increase of 9% in just six months and an average of 88 new millionaires every day. The report noted that large investors with Bitcoin holdings exceeding $10 million (€8.5M) also benefited greatly, with their profits increasing by more than 16% over the same period. The platform attributed the boom in the cryptocurrency market to Trump's support for the sector and the optimism that has gripped the markets since...

Image generated by CariGold Key Points The XRP cryptocurrency soared to an all-time high of $3.45 in 2018 before losing more than 90% of its value amid a series of regulatory issues for its creator, Ripple. The U.S. Securities and Exchange Commission (SEC) sued the company in 2020 for alleged breaches of financial securities laws, which cast a cloud over XRP's future. But the SEC has adopted a friendlier approach toward the cryptocurrency industry under President Donald Trump, and Ripple's legal woes are now mostly settled. After trying — and failing — to mount a recovery for the last seven years, XRP finally soared to a new record high last Friday, July 18. Ripple aims to transform global banking Cross-border transactions often...

Image generated by CariGold Should You Buy Bitcoin Before Its Next Halving? Key Points The Bitcoin (CRYPTO: BTC) halving, which takes place once every four years, is highly anticipated by crypto investors, and for good reason. Typically, Bitcoin soars in price in the 12 to 18 months following each halving. Since its April 2024 halving, for example, Bitcoin has already soared past the $100,000 price mark and recently traded near an all-time high of $123,000. So what will happen after the next Bitcoin halving, tentatively scheduled to take place on March 30, 2028? Will Bitcoin again soar in value? Or, as some have suggested, does the Bitcoin halving no longer matter? Let's take a closer look. Bitcoin's track record Just a few months...

Image generated by CariGold XRP posted a 4% gain during the 24-hour trading window from July 22 at 03:00 to July 23 at 02:00, with prices moving between a low of $3.42 and a high of $3.57 before closing near $3.51. The move follows a technical breakout from a six-year symmetrical triangle and coincides with key developments in U.S. crypto legislation and the launch of institutional investment products. Despite bullish momentum throughout the day, institutional selling emerged in the final hour of trading, paring gains and signaling possible near-term consolidation. News Background Price Action Summary XRP broke above $3.52 resistance during the 17:00–18:00 window on volume of 106.4 million—roughly 52% above the 24-hour average of...

Image generated by CariGold Dogecoin Could Soon Verify ZK Proofs Natively, Thanks to DogeOS Push Dogecoin might’ve started as a joke, but this upgrade isn’t one. DogeOS, the app layer developed by the MyDoge wallet team, has submitted a formal proposal to Dogecoin Core that introduces a new opcode that would enable the network to verify zero-knowledge proofs (ZKPs) natively. Developers aim to transform an unused part of the script system into a tool that can verify cryptographic proofs, starting with ‘Groth16’ (a specific type of proof widely used in zk systems) and allowing for future upgrades. This would enable Dogecoin to support more advanced, off-chain applications, such as rollups and smart contracts, while maintaining the...

Image generated by CariGold South Korea Tells Firms to Cut Exposure to Crypto ETFs, Coinbase and Strategy: Report South Korea's finance regulator has informally warned local asset managers to reduce their exposure to crypto exchange-traded funds (ETF) and U.S.-listed digital asset firms, according to a report by the Korean Herald. The Financial Supervisory Service (FSS) verbally told several firms to limit their exposure to Coinbase (COIN) and Michael Saylor's Strategy (MSTR), to comply with its 2017 policy stance. The report seems to suggest a change in policy by the country as it was previously reported that the regulator was looking at easing some of the trading requirements for crypto. The FSS' policy prohibits regulated...

Image generated by CariGold PayPal taps wallets from China and India to make cross-border payments easier for 2 billion people PayPal announced Wednesday it has partnered with global wallet companies to create a platform called PayPal World that is designed to make cross-border commerce easier. The platform will allow users to pay others using their local wallets and payment systems. The company said the launch partners include India’s NPCI International Payments Limited, which operates mobile payments framework UPI (Unified Payment Interface), China’s Tenpay Global (Tencent’s Payment arm), which operates Weixin (WeChat) payment ecosystem in the country, along with PayPal and Venmo. The company has also signed a memorandum of...

Image generated by CariGold Asia Morning Briefing: The First AI vs BTC Environmental Impact Numbers are Here. And it Might Start a New Debate Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. Mistral AI recently offered a rare benchmark in the Artificial Intelligence industry's environmental disclosure, detailing the footprint of its flagship large language model, Mistral Large 2. Over 18 months, training and operating this model generated 20.4 kilotonnes of CO₂-equivalent emissions, consumed 281,000 cubic meters of water, and depleted 660 kilograms of antimony-equivalent materials, Mistral's...