Crypto News

Image generated by CariGold You Might Be Pronouncing 'Nvidia' the Wrong Way You might hear people mentioning Nvidia more this week. The stock is trading at an all-time high. It's officially the most valuable company in the world. But are people pronouncing it correctly? Despite the company dominating headlines and being at the forefront of many conversations around AI, some people still don't know how to pronounce its name. Luckily, Nvidia cleared the confusion on its website and explained the proper pronunciation. We're sorry to tell you, but if you're one of the people calling the tech giant "NUH-vid-ee-uh," you've been saying it wrong. The proper pronunciation of Nvidia is "en-VID-ee-uh," according to the company. Founded by...

Image generated by CariGold The Great Bitcoin Power Shift Has Large Holders Dumping 500,000 Coins A silent transfer of control is reshaping the $2.1 trillion Bitcoin market. A steady stream of sales by long-time whales — miners, offshore funds, and anonymous wallets — is being matched almost one-for-one by institutional players like ETFs, corporates, and asset managers. The result: Bitcoin is struggling to break out of its record high around $110,000, volatility is evaporating, and its place in the investment landscape is being reshaped. Despite a flurry of bullish headlines — from corporate treasuries embracing Bitcoin to the Trump administration’s full-throated crypto endorsement — the largest digital currency has remained stuck...

Image generated by CariGold Many exchange-traded funds (ETFs) focus on holding dividend-paying stocks. While that gives income-seeking investors lots of options, it can make it difficult to know which is the best one to buy. The Schwab U.S. Dividend Equity ETF (SCHD) and Pacer Global Cash Cows Dividend ETF (GCOW) are two notable dividend ETFs. Here's a look at which is the better one to buy for those seeking to generate passive income. Different strategies for selecting high-yielding dividend stocks The Schwab U.S. Dividend Equity ETF and the Pacer Global Cash Cows Dividend ETF aim to provide their investors with above-average dividend income by holding higher-yielding dividend stocks. The ETFs each hold roughly 100 dividend stocks...

Image generated by CariGold Everything you need to know about Flashes, the Bluesky-based Instagram alternative Flashes this year launched an Instagram alternative built on top of the Bluesky social network. Now available on the App Store, the app offers a different way to browse the visual posts on Bluesky. Instead of viewing them in a timeline-like feed, similar to X, the app draws inspiration from photo-based social networks like Instagram. What you can post The app, built by Berlin-based developer Sebastian Vogelsang, runs on the same underlying protocol that powers Bluesky, the AT Protocol (or atproto for short). That means it will have the same requirements around posting images and videos as you’d find on Bluesky directly...

Image generated by CariGold J.P.Morgan wary of stablecoin's trillion-dollar growth bets, cuts them by half J.P.Morgan on Thursday forecast stablecoin growth will only reach $500 billion by 2028, calling trillion-dollar projections "far too optimistic", as there was little evidence of mainstream adoption of the dollar-pegged cryptocurrency token. Stablecoins have moved beyond their crypto trading roots to attract interest from fintechs and banks aiming to speed up payments and settlements, drawing attention from U.S. lawmakers, who last month passed the GENIUS Act in the Senate - a step analysts said could bring long-awaited regulatory clarity. Before the Senate passed the stablecoin bill, Standard Chartered projected the market...

Image generated by CariGold Stocks making big moves yesterday: Tesla, Reddit, Coinbase, Oscar Health, and Intel Check out the companies making headlines yesterday: Tesla (NASDAQ:TSLA) Electric vehicle pioneer Tesla rose by 4.4% on Wednesday after the company reported its second-quarter production and delivery numbers, which, despite a year-over-year decline, were not as low as some investors had feared. Reddit (NYSE:RDDT) Online community and discussion platform Reddit rose by 5.2% on Wednesday after the company disclosed amendments to its credit and guarantee agreement. Coinbase (NASDAQ:COIN) Blockchain infrastructure company Coinbase rose by 5.9% on Wednesday after the company announced its acquisition of LiquiFi, a token...

Image generated by CariGold OpenAI Says It Does Not Endorse Robinhood's 'Stock Tokens' of ChatGPT Maker OpenAI stated that it does not endorse the "tokenized" version of its stock that trading platform Robinhood announced it would be making available to its European users. "These 'OpenAI tokens' are not OpenAI equity," the ChatGPT maker said in a statement on X. "We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not approve any transfer. Please be careful." Robinhood announced a slate of new features earlier this week expanding its cryptocurrency offerings, along with "stock tokens" of a mix of public and private companies that Robinhood...

Image generated by CariGold Dogecoin Is Down 46%. Should You Buy the Dip? Key Points Dogecoin (CRYPTO: DOGE) became a popular cryptocurrency when it debuted as a joke in 2013. It has had several stints when its value has soared since then. Most recently, Dogecoin jumped nearly 190% in the weeks following President Donald Trump's 2024 election. But Dogecoin has been falling hard lately, and its value is down 46% since the beginning of this year. With such a significant fall, some investors may be wondering if now is a good time to buy Dogecoin on the dip. Here are three reasons why I think that'd be a mistake. 1. There's no limit on how many Dogecoins can be mined Scarcity is one of the biggest factors in driving up the value of...

Image generated by CariGold Amundi Warns US Stablecoin Policy Could Destabilise Global Payments System Europe's largest asset manager has raised concerns that a boom in dollar-backed stablecoins in the wake of the United States' GENIUS Act could cause a major shift in money flows that destabilises the global payment system. The U.S. Senate passed the GENIUS Act, a bill to create a regulatory framework for the U.S.-dollar-pegged cryptotokens. It is expected to be passed by the House of Representatives and approved by President Donald Trump, causing other countries to worry about a wave of so-called 'dollarization' of economies if their own populations buy them. "It could be genius, or it could be evil," Amundi Asset Management’s...

Image generated by CariGold Orbital partners with ClearBank to enhance euro transactions Cross-border platform Orbital has partnered with ClearBank Europe, a provider of real-time clearing and embedded banking services. The alliance will provide Orbital's enterprise clients with euro transaction capabilities. The collaboration grants Orbital direct access to ClearBank Europe's real-time euro clearing facilities, IBANs, SEPA infrastructure, which is accompanied by AML and KYC checks. Orbital group CEO Chris Mason said: "We selected ClearBank Europe because of its real-time clearing capabilities, market-leading API, and banking-grade compliance standards. It is simply the best embedded banking provider in Europe and has a strong track...

Image generated by CariGold OpenPayd, Ripple forge stablecoin payments alliance Financial infrastructure provider OpenPayd and Ripple have formed an alliance to enhance payment solutions for enterprise clients. The partnership will integrate OpenPayd's global fiat infrastructure, which includes real-time payment rails, multi-currency accounts, and virtual IBANs, into Ripple Payments, facilitating transactions in EUR and GBP. Ripple Payments, which employs blockchain and digital assets, aims to streamline cross-border payments and provide on/off ramps for financial institutions globally. It is also a part of the OpenPayd's stablecoin infrastructure expansion. OpenPayd will now offer direct minting and burning of Ripple USD (RLUSD)...

Image generated by CariGold Surmodics Still Recovering After June Cyberattack Surmodics has revealed that it is still recovering after it was hit by a cyberattack in June 2025. In a Form 8-K filed with the US Securities and Exchange Commission (SEC), the maker of the Pounce XL thrombectomy system for clot removal said that on 5 June, the US-based company discovered that a third party had gained unauthorized access to ‘certain’ IT systems, rendering them ‘unavailable’ to the company. Surmodics has been able to continue accepting customer orders and shipping products without any customer impact by using alternative IT systems following the breach. The company noted that to its knowledge, the threat actor had not released any of its...

Image generated by CariGold Key Points I'm on a mission to reach financial independence through passive income. Investing in high-yielding dividend stocks is a core piece of my strategy, so I tend to buy several dividend stocks each month as I have cash to invest. However, if I had to limit myself to just one high-yield dividend stock this July, Realty Income (NYSE: O) would be it. Here's why I think it's the quintessential income investment. Built to deliver dependable monthly dividends Realty Income isn't like other real estate investment trusts (REITs). While the sector as a whole is an ideal spot for generating passive income, Realty Income really takes that concept to another level. The company's stated mission is "to invest...

Image generated by CariGold Key Points Given Strategy's (formerly MicroStrategy) success as a Bitcoin (CRYPTO: BTC) treasury company, many other companies are now following in its footsteps. For those unaware, Strategy, formerly a business intelligence company founded by Michael Saylor, who remains the company's executive chairman, began using corporate capital to buy Bitcoin in 2020. The stock has rocketed since then, and eventually, Saylor and Strategy gained enough credibility to tap the capital markets for funding that it could then use to buy Bitcoin. This essentially made Strategy a leveraged play on Bitcoin. Recently, Bitmine Immersion Companies (NYSEMKT: BMNR), a Bitcoin mining company, just named the prolific Wall...

Image generated by CariGold If Billionaires Are Buying Bitcoin Hand Over Fist, Why Isn't the Price of Bitcoin Soaring? Billionaires are buying as much Bitcoin (CRYPTO: BTC) as they possibly can. Michael Saylor, founder and executive chairman of Strategy (NASDAQ: MSTR), seemingly makes a new Bitcoin purchase every week. Other billionaires are embracing the Bitcoin treasury company model to buy Bitcoin for their companies. In theory, all of that new buying pressure should be sending Bitcoin to the stratosphere. But Bitcoin still trades for less than $110,000, short of its record high of about $112,000. Ever since it hit that all-time high in May, Bitcoin has barely budged. So why isn't the price of Bitcoin soaring? Macroeconomic...

Image generated by CariGold Key Points The S&P 500 recently hit a new high, but the bull run over the past few years has driven down dividend yields. At the time of writing, the yield on the widely held Vanguard S&P 500 ETF is sitting at just 1.22%. Investors can do much better. To give you a few ideas, here are two S&P 500 stocks that can help boost the average yield on your investment portfolio. Coca-Cola Coca-Cola makes an affordable product that sits on countless store shelves all over the world. It's a durable brand that produces steady sales and profits, which fund growing dividend payments. Coke has increased its dividend for 63 consecutive years. Because making the concentrate syrup that goes into manufacturing a finished...

Image generated by CariGold China's Tech Giants Lobby for Offshore Yuan Stablecoin China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorize yuan-based stablecoins to counter the growing sway of U.S. dollar-linked cryptocurrencies, people with direct knowledge of the discussions said. The two firms propose China allow the launch of stablecoins in Hong Kong pegged to its offshore yuan to help promote global use of the Chinese currency and fend off the dollar's growing digital influence, the two sources said. The moves come as Hong Kong races the United States in setting up a regulatory framework for stablecoins, competing for a greater reach in global digital finance and trade. Their...

Image generated by CariGold Asia Morning Briefing: SOL up 4% as Analysts Say Staking ETF (SSK) Has Strong Launch 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. The newly launched REX-Osprey Solana + Staking ETF (SSK), the first crypto staking exchange-traded fund (ETF) listed in the U.S., ended the day with $33 million in volume, with Bloomberg ETF analyst Eric Balchunas calling the launch better than the average ETF listing. The ETF offers investors indirect access to Solana while earning staking rewards without needing technical expertise. While the volume was much lower than the launch of...

Image generated by CariGold OpenAI condemns Robinhood’s ‘OpenAI tokens’ OpenAI has clarified that the sale of “OpenAI tokens” by Robinhood does not provide consumers with equity or stock in OpenAI. The company announced through its newsroom account that it does not endorse Robinhood's actions and had no part in facilitating the token sale. “These ‘OpenAI tokens’ are not OpenAI equity,” said OpenAI’s newsroom account on Wednesday. “We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not approve any transfer. Please be careful.” This statement came in response to Robinhood’s announcement of selling tokenized shares of OpenAI, SpaceX, and other...

Image generated by CariGold Former Apple exec has one word response to new regulation In an interview with TheStreet Roundtable, Ian Rogers, chief experience officer at Ledger, celebrated the Senate’s passage of the GENIUS Act and its promise of clear stablecoin regulation. “Beginning of July 2024, we were preparing to go to Bitcoin Nashville and launch the Ledger Flex. If I think back to that time, it was almost unthinkable that we could have sane regulation around crypto in the US,” Rogers said. He added that crypto was once “persona non grata,” despite offering “somewhat obvious solutions to many problems.” Rogers noted that stablecoins represent “really low hanging fruit” given the billions already in circulation. Crypto rails...