Ali Raza Abbas

Leading global bank Goldman Sachs wrote in a note to clients that the Chinese yuan is at least 20% undervalued against the US dollar. The investment banking giant expects the local currency to keep strengthening over the coming years. The development…

The Wall Street Journal published a report on May 22 alleging that a covert payments network linked to Iran moved approximately $850 million through Binance — the world’s largest cryptocurrency exchange — with activity continuing as recently as Decem…

XRP Ledger has moved into fourth place on RWA.xyz’s network rankings, according to RippleX, marking a rapid climb for the blockchain in the tokenized real-world asset sector. The move puts XRPL behind Canton, Ethereum and Provenance by total distribut…

AI stocks have blown up over the last few years. In fact the US stock market push is mostly fueled by the surge of AI stocks. However, many question the sudden rise, likening it to the dot-com bubble of the last 90s. Let’s discuss if the current AI st…

The CEO of Coinbase has revealed that the platform’s recent AI upgrade has provided “huge efficiency unlocks” in various workflows. Coinbase Is Using AI In High-Stakes Compliance Workflows In an X post , Coinbase co-founder and CEO Brian Armstrong h…

Ethereum has lost more than 12% of its value over the past ten days as selling pressure has overwhelmed the recovery that briefly carried the asset toward $2,400. The decline has been sustained and consistent — not a single sharp event but a series of…

Harvard Management Company has sold its entire $87 million worth of Ethereum (ETH) according to its Q1 13F filing with the SEC. The Harvard Management Company is the entity that manages Harvard University’s endowment fund. The Q1 exit came amid a mar…