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Cover image (from U.Today) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe that all content is accurate as of the date of publication, certain offers mentioned may not be currently available. Elon Musk, serial technology entrepreneur and CEO of Tesla, SpaceX, and many other innovative companies, recently talked…
Kinder Morgan will generate billions of dollars in cash flow while expanding future production capacity. Many technology and artificial intelligence (AI) stocks will soar in 2024. But every portfolio needs some diversity. Investors sometimes think that means giving up the potential for big profits in sectors like the tech industry in exchange for safer, higher-yielding stocks. However, one company that pays a large dividend will underperform the S&P 500 index in 2024. Including dividends, energy infrastructure giant Kinder Morgan (KMI 0.52%) stock’s total return has actually been twice that of the index since the beginning of the year through mid-October.…
Fintech giant Stripe has acquired stablecoin platform Bridge for $1.1 billion, according to TechCrunch founder Michael Arrington. This makes this the largest acquisition ever for Stripe and the most valuable transaction in the crypto industry to date. Founded by experienced entrepreneurs Sean Yu and Zach Abrams, Bridge has become one of the leading software solution providers that enable businesses to process stablecoin payments. The acquisition is priced to reflect a significant premium from the $200 million valuation the company achieved when it raised $40 million of its total $58 million in venture capital in a Series A funding round, with…
Stripe, a major player in the FinTech space, has reportedly completed its largest acquisition to date, acquiring stablecoin-based payment network Bridge for $1.1 billion. Former TechCrunch editor Michael Arrington confirmed the acquisition in a post on social media platform X on October 20th. Neither Stripe nor Bridge have yet publicly commented on the deal. Stripe is a global financial technology company that provides a comprehensive platform for businesses to accept and manage online payments. Stripe acts as an intermediary between customers and businesses, securely processing transactions and transferring funds directly from customers’ payment methods, such as credit cards, debit cards,…
Ethereum co-founder Vitalik Buterin presents his vision for the future at the 10th Global Blockchain Summit. Ethereum co-founder Vitalik Buterin reveals his vision for the future at the 10th Global Blockchain Summit October 17, 2024 – Shanghai, China – The long-awaited 10th edition hosted by Wanxiang Blockchain Lab The Global Blockchain Summit will open with a keynote speech from Ethereum co-founder Vitalik Buterin. . Buterin reflected on Ethereum’s evolution since its creation, shared insights on the platform’s progress, and laid out an ambitious roadmap for its future. One of the key takeaways from his speech was that Ethereum uses Layer…
Sponsored post* While excitement is still building over the bullish forecast for the fourth quarter, most savvy investors are already planning for the long term. Professional investors evaluate their options by observing the direction of current trends and the viability of various projects. In its place, Dogecoin (DOGE) and Phantom (FTM) will be joined by a new project, CUTO, as the top altcoins to break out in 2025. Dogecoin all-time high: experts predict a comeback in 2025 Dogecoin (DOGE) is the undisputed leader in the meme coin sector with a market capitalization of $17.83 billion and daily trading volume of…
Despite XRP’s poor price performance, on-chain activity on the XRP Ledger (XRPL) has surged to multi-month highs as users regain traction on the blockchain. Compared to other good crypto assets, XRP has performed poorly recently. For example, it was observed that altcoins had the least increase among the top eight cryptocurrencies rankings, even though the overall market sentiment improved. Additionally, the only asset within the top 8 categories is XRP, which has a month-over-month price difference. The XRPL native token is down almost 6% while other coins such as Bitcoin, Ethereum, and Solana are up at least 5%. This is…
NEW YORK, NEW YORK – OCTOBER 16: Traders working on the floor of the New York Stock Exchange (NYSE) in New York City. Spencer Pratt | Getty ImagesU.S. stock futures rose on Monday after the Dow Jones Industrial Average and S&P 500 posted their best weekly winning streaks in 2024.Dow Jones Industrial Average futures rose 37 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures rose 0.4% and 0.6%, respectively.The move comes after the S&P 500 and Dow 30 both hit all-time highs on Friday, cementing a six-week streak of gains this year for both benchmarks. The S&P 500…
Real estate tokenization is gaining traction among cryptocurrency enthusiasts as a new way to invest in real estate, as the broader narrative of putting real-world assets on blockchain rails gains momentum.What Happened: According to a report in the Financial Times, soaring real estate prices in major cities such as London and New York have made direct investment in real estate increasingly unaffordable, making tokens a viable alternative. It is said that the path is paving the way for standardized real estate.Unlike real estate investment trusts (REITs), which own or finance large clusters of commercial or residential buildings, tokenized real estate…
Rumors were flying around over the weekend, and now we know it’s official. Payment processing company Stripe has acquired stablecoin platform Bridge for $1.1 billion. The Bridge deal marks Stripe’s largest acquisition since its founding in 2010, which was valued at $70 billion earlier this year. Bridge was founded in 2022 as an alternative payment method to compete with SWIFT and credit cards. The company’s technology enables businesses to move, store, and accept stablecoins using just a few lines of code. Businesses can also leverage Bridge’s issuance API to issue their own stablecoins and accept USD, EUR, USDC, USDT, or…