He also pointed to data centers’ job creation, noting demand for construction workers, energy infrastructure and AI compute hardware. Moody’s estimates planned capital spending on U.S. data centers at $700 billion this year, rising to between $2.4 trillion and $2.48 trillion through 2030. Globally, spending… Read More
Among wallets first funded in the second quarter of 2026, 89.3% received additional funding within 30 days, compared with 70.6% for wallets first funded in the Q3 2025. The analysis excluded wallets that made payments on one only one day. The time between a wallet… Read More
ARLINGTON, Va. — The CEO of Kalshi, the company at the center of a high-profile legal battle over the future of prediction markets in the U.S., said the clash won’t ultimately decide whether the rapidly growing industry is overseen by states or a federal agency,… Read More
U.S. inflation is due at 8:30 a.m. ET. Economists surveyed by Dow Jones estimated September’s consumer price index rose 0.6% month-on-month and 3.6% year-on-year. Core CPI, which excludes volatile food and energy prices, is forecast to increase 0.2% from August and 2.5% annually. The numbers… Read More
Solana has scheduled Oct. 21 for Alpenglow, a major upgrade aimed at making transactions irreversible in roughly 150 milliseconds by changing how the computers running the network agree on payments. The updated timetable published by the Solana Foundation sets a date for replacing TowerBFT, the… Read More
BNY, the world’s largest custody bank, and trading giant Citadel Securities said Tuesday they had completed a transaction using tokenized U.S. Treasuries, showing how blockchain technology could help Wall Street move assets between trading and financing more quickly. The transfer focused on collateral, a key… Read More
