Latest from Nate DiCamillo
US Added 266,000 Jobs in April, Missing Estimates for 1M Gain
The unemployment rate edged up to 6.1% from 6%.
PayPal Q1 Transaction Revenue Rose 33% YOY as Total Revenue, EPS Topped Views
The payments giant raised yearly forecasts for net new accounts, total payment volume, revenue and earnings.
US Federal Reserve Proposes Guidelines for ‘Novel’ Banks That Want Access to Fed Payments
The guidelines would have a direct bearing on Wyoming special purpose depository institutions that want access to Fed payments, said U.S. Sen. Cynthia Lummis.
Digital Currency Group Boosts GBTC Share Purchases to $750M Limit
GBTC has been trading at a discount for several months in the face of rising competition and the prospect of a bitcoin ETF being approved in the U.S. this year.
INX Closes Its Ethereum-Based IPO With $85M in Proceeds
The crypto exchange has completed the first security token offering registered with the U.S. Securities and Exchange Commission.
Car Dealerships, Dentists Want In on Valkyrie's Bitcoin Trust
The fund opens to accredited investors on May 1. Previously, the vehicle only included a handful of Valkyrie clients.
Valkyrie, Osprey Beat Grayscale to Market With Polkadot DOT Trust
Valkyrie is charging a 2% management fee on the fund, just under Osprey’s 2.5%. Are DOT funds the new BTC funds for buttoned-up investors?
Mastercard to Explore Applications It Can Build on Top of CBDCs
In the company’s latest quarterly earnings call, CEO Michael Miebach noted that the company is investing in smart contract technology to pair with central bank digital currencies.
Fintech App Wealthfront Will Offer Direct Crypto Investing Later This Year
The fintech robo-adviser will likely allow customers to invest as much as 20% of their portfolios in crypto, said Wealthfront Chief Strategy Officer Dan Carroll.
DeFi Pushes ETH Loans at Genesis to New Highs as BTC Rates Drop
ETH loans now make up 27% of Genesis’ loan book, as hedge funds get more comfortable with DeFi.
