TheDailyHodl

The issuer of the largest stablecoin by market cap just acquired significant holdings with a gold-focused royalty company listed in Canada.
In a statement, Elemental Altus says that Tether just completed the purchase of 78,421,780 common shares at a price of C$1.55, or around $1.14 per share, for a

Cryptocurrency analyst and trader Kevin Svenson is saying that Bitcoin (BTC) could rally by up to 78% from the current level.
In a new strategy session, Svenson tells his 83,300 YouTube subscribers that a price of $190,000 is within the realm of possibility” for Bitcoin this

A significant cybersecurity incident at McLean Mortgage Corporation has compromised the personal information of over 30,000 individuals, potentially exposing them to identity theft and fraud. The company has taken steps to secure its network and is offering affected individuals credit monitoring services.

Oracle's shares hit an all-time high after Q4 fiscal 2025 results showed an 11% revenue increase to $15.9 billion, with overall fiscal revenues reaching $57.4 billion. CEO Safra Catz anticipates accelerated cloud growth for fiscal 2026.

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The $230 billion stablecoin industry stands at a crossroads. With the Trump administration pushing to make the US the ‘crypto capital of the planet,’ racing to bring stablecoins to the masses, regulatory clarity appears imminent – but the real question is whether t

Wells Fargo predicts a significant decline in Tesla's stock, citing weakening core auto business and aggressive financing promotions as key factors. The bank assigns an underweight rating with a target price of $120, reflecting concerns over Tesla's declining deliveries and growing competition.

Trade associations representing banks and financial firms are worried about the cybersecurity risk management practices at federal regulatory agencies.
Officials at the American Bankers Association, the Bank Policy Institute, the

Citigroup Inc. is preparing for potential loan losses due to economic uncertainty, planning to increase credit reserves. Despite expecting a decline in loan losses, macroeconomic conditions are impacting its investment banking sector.

Michael Saylor, founder of Strategy, predicts Bitcoin could soar to $1 million, citing government and institutional support. He believes Bitcoin's volatile cycles are over, with limited daily supply driving future price increases.

Matt Hougan from Bitwise highlights a growing trend of corporations investing in Bitcoin as a hedge against the weakening US dollar. He predicts this movement will accelerate, leading to thousands of companies adopting Bitcoin treasuries.

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“When the highs are high, the lows are even lower” accurately describes the emotional ups and downs of the cryptocurrency market.
An investor will ride the wave of euphoria one day as prices peak, and then, the next, they’ll be coping with losses as the market

Goldman Sachs is suing Arian Eghbali for using its name in his registered company, Goldman Sachs Capital LLC. Eghbali claims he wanted funding from Goldman for a venture that never happened. The firm is taking action as he has no affiliation with them.

Citigroup analysts predict the S&P 500 could rise 16% to 7,000 by year-end, driven by AI advancements and a stable economy. Their revised base target is 6,300, while a recession could lower it to 5,200.

June 10th, 2025 – Dubai, UAE
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> class=”ql-align-justify”>Falcon Finance, the synthetic dollar protocol backed by DWF Labs, has announced an upcoming integration with BitGo to provide secure custody support for its overcollateralized synthetic dollar, USDf.
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The partnership

Societe Generale-FORGE is launching USD CoinVertible (USDCV), a US dollar stablecoin on Ethereum and Solana, following its EUR CoinVertible. BNY Mellon will be the reserve custodian, enhancing traditional-digital finance integration. USDCV will not be available in the U.S. initially.

An analyst known for making timely Bitcoin calls believes that BTC is poised to witness steep rallies in the coming months.
In a new video, trader Kevin Svenson tells his 83,200 YouTube followers that Bitcoin appears to be in the final stages of a parabolic trend that began in 2023.
According to S

Crypto strategist Michaël van de Poppe suggests that a potential drop in gold prices could shift investor focus to altcoins, as risk-on behavior increases. He warns that if gold surpasses $3,365, altcoins may decline further.

Marko Kolanovic, former chief market strategist at JPMorgan, predicts a potential correction in the US stock market due to loss of momentum in key stocks and ongoing economic issues, positing it could create opportunities for patient investors.