Fed’s Fancy New Plaything: Crypto Firms Get a Leg Up (But No Interest!) 🏦💸

This grand scheme, however, is not without its stingy limitations. Full bank privileges? Perish the thought! These accounts would likely earn no interest whatsoever, and the Fed’s discount window would remain firmly shut, as if it were a drawing-room door slammed in one’s face. Balance caps and risk limits would abound, like a hostess at a garden party who’s determined to keep the champagne flowing-but only in thimblefuls. Waller, ever the cautious host, noted that the plan remains in its exploratory phase, as if the Fed were testing whether guests might accidentally spill the punch bowl.

Crypto Kings Join Forces: Falconx & 21shares to Rule the ETF Jungle! 🚀

Picture this: a crypto firm so bold it makes the Gold Rush look like a church bake sale teams up with ETF gurus who’ve turned Bitcoin into a respectable parlor trick for pension funds. Falconx, the brainchild of a chap named Raghu Yarlagadda, is now hitching its wagon to 21shares, a outfit that’s been peddling digital asset ETFs like hotcakes at a fire sale. The deal’s got more cash and equity than a Silicon Valley divorce.

Bitcoin Miners: HPC’s New BFF? B. Riley’s Wild Take!

Investment bank B. Riley upgraded Core Scientific (CORZ) to buy from neutral, and raised its price target on the shares to $30 from $17, citing strong standalone value and renewed momentum in high-performance computing (HPC). Because nothing says “investment” like a Bitcoin miner with a PhD in data centers. 💻