Wall Street

Strike CEO Jack Mallers has rejected the notion that Wall Street endangers Bitcoin. He described the digital asset as money for all and insisted it must stay open and accessible to succeed.

2 Mwezi wa tano, 2026 Imeripotiwa na AI

A $292 million exploit on Kelp DAO has shaken decentralized finance (DeFi) lending markets, prompting industry insiders to call for stronger security measures. Despite the setback, experts view it as a temporary hurdle rather than a barrier to institutional adoption. Wall Street firms continue advancing into onchain finance amid the fallout.

Shares of First Solar rose 1% on Friday following a sharp decline, as major Wall Street firms downplayed the threat from Tesla's ambitious solar manufacturing plans. Elon Musk announced targets for 100 gigawatts of annual production, but analysts cited supply constraints and First Solar's advantages as mitigating factors. While one firm downgraded the stock, overall sentiment remained positive.

26 Mwezi wa kwanza, 2026 Imeripotiwa na AI

At the World Economic Forum in Davos, Switzerland, discussions on cryptocurrency highlighted the influence of US politics and growing Wall Street interest. Key speakers addressed market uncertainties tied to President Trump and expressed optimism for the industry's future. Traditional finance leaders endorsed blockchain as essential for modernization.

Bitwise CEO Hunter Horsley has predicted that every Wall Street institution will engage with cryptocurrency within the next year. He shared this bold outlook on X, emphasizing crypto's transformative potential for capital markets. This forecast aligns with growing institutional interest in digital assets.

25 Mwezi wa kumi, 2025 Imeripotiwa na AI

JPMorgan Chase & Co. is set to allow institutional clients to use Bitcoin and Ether holdings as collateral for loans by year's end. This move marks a deeper integration of cryptocurrency into Wall Street practices. The global program will use a third-party custodian for security.