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New York City-based Suvretta Capital Management sold nearly 1.1 million ARQT shares during the third quarter. The move contributed to a decline in the overall position value by about $35.78 million. As of September 30, the fund reported holding nearly 10.5 million ARQT shares worth $197.51 million, making it the fund’s largest holding. These 10 stocks could mint the next wave of millionaires › New York City-based Suvretta Capital Management reported selling nearly 1.1 million shares of Arcutis Biotherapeutics (NASDAQ:ARQT) for the quarter ended September 30 and reducing the fund’s position by $35.78 million. Suvretta Capital Management disclosed a reduction…

VanEck observed that the Bitcoin mining hashrate declined significantly in the first half of December. The firm’s analysts stated that the trend often indicates a bottom for BTC and a bullish reversal. The Bitcoin mining hashrate dropped significantly mid-month. VanEck sees the trend as a positive sign for Bitcoin (BTC), signaling its potential rebound from its bearish trajectory. A ‘Tough Structural Squeeze’ for Bitcoin Mining According to the report jointly authored by VanEck’s Patrick Bush and Matthew Sigel, Bitcoin mining firms face a “tough structural squeeze.” Their mining hashrate decreased by 4% over the month through December 15. However, historical trends indicate…

The Euro to British Pound (EUR/GBP) currency pair continued its downward trend on Tuesday, trading near 0.8730 in the early European session. This marks the fourth consecutive day of declines, largely driven by the alignment of the United Kingdom’s Gross Domestic Product (GDP) figures with market expectations. The currency pair’s movement underscores the ongoing economic dynamics influencing forex markets, as investors digest the latest economic data and its implications for future monetary policy. The UK Office for National Statistics reported that GDP growth met the anticipated targets, which many investors interpret as a sign that the British economy is stabilizing.…

When Standard Chartered released its $30 trillion 2030 target for the real-world asset (RWA) tokenization market, many critics suggested the forecast was overly optimistic. However, news of Coinbase launching its own equities tokenization solution, combined with Ondo Finance and Edel Finance ($EDEL) expanding their tokenization offerings, suggests those projections may not have been unrealistic after all.Last week, Coinbase launched its tokenized equities solution as the leading U.S. crypto exchange continues building its “everything app.” The move signals a major push toward bringing traditional financial assets on-chain and will provide an answer to many traders asking, “Where to buy tokenized stocks?”  Ondo…

The Indian stock market saw healthy gains for the second consecutive session on Monday, December 22, on the rupee’s rise against the US dollar and positive global cues on expectations of further rate reduction by the US Federal Reserve in January. The Sensex jumped over 500 points to an intraday high of 85,461.19, while the Nifty 50 reclaimed 26,140 on Monday. Thus, in two sessions, the 30-share pack has gained nearly 1,000 points.(This is a developing story. Please check back for fresh updates.)

The Vanguard Dividend Appreciation ETF and the Schwab U.S. Dividend Equity ETF Income are among the top dividend ETFs to earn years of passive income. SCHD offers a much higher dividend yield but trails VIG in recent total returns. VIG has broader diversification with over three times as many holdings and focuses on dividend growth. These 10 stocks could mint the next wave of millionaires › The Vanguard Dividend Appreciation ETF (NYSEMKT:VIG) and the Schwab U.S. Dividend Equity ETF (NYSEMKT:SCHD) are both dividend-focused exchange-traded funds (ETFs), targeting U.S. companies with a strong record of paying dividends. Their approaches and sector…

A new proposal made it to XRP Ledger’s developer channels, and this one is trying to turn the quantum threat debate into something actionable: a protocol-level option that lets accounts rotate a “single-use” signing key on every transaction, so the key is automatically discarded after one successful use.Filed as XRPL Amendment idea #420, the draft comes from developer Ed Hennis and credits inspiration from Nik Bougalis and David Schwartz. Worth to note, the concept is not a new encryption scheme. Instead, it adds a new field — proposed names include SingleUseKey and QuantumSafeKey.The logic is simple: if quantum-capable key breaking ever becomes…

A group of 125+ digital asset companies has written a letter to US lawmakers, urging them to uphold the provisions of the GENIUS Act, particularly touching the issuance of stablecoin yields by intermediaries. The crypto companies urge Congress to promote innovation in its legislative endeavours, instead of succumbing to redundant industry standards. More than 125 crypto companies have jointly written to the US Congress to protect the stablecoin yield rules codified in the GENIUS Act. The companies argue against the issues raised by Wall Street against stablecoin rewards, while pointing out the absence of principle in the case against yields.…

During extended upward-trending markets that reward risk-takers and punish caution, everyone is a “bull market genius.” That dynamic flips investor psychology and, over time, creates a false sense of control. As the market continues to climb, risk appears to vanish, and investors believe that nothing can go wrong, leading them to take on increasing levels of risk and leverage. After all, why wouldn’t you if there is “” in investing? “Over the past 15 years, the markets were repeatedly bailed out of more serious corrections by either fiscal or monetary policy. That neutral stimulus (the interventions) was repeatedly paired with…

Authorities allege a sweeping crypto phishing operation that drained nearly $16 million from Coinbase users nationwide, underscoring how social engineering scams exploit trust, move funds across blockchains, and trigger aggressive enforcement by New York prosecutors. Brooklyn Prosecutors Move Against Alleged Coinbase Phishing Scheme A major law enforcement action has highlighted growing risks tied to cryptocurrency […]