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Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US


Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the U.S. to high interest rates and inflation, particularly amid the commercial real estate downturn. He forecasted frequent failures of these banks, predicting:...

Could These Be The Real Nintendo Switch 2 Specs?


While a follow-up to the Switch is as inevitable as night following day, its existence was only finally made officially official earlier this week. At the same time, we’ve seen dribs and drabs of leaks about screen sizes, controller changes, and other minutiae for months, if not years. But today...

Arbitrum DAO seeks opportunities to invest in real-world assets


Some crypto companies have expressed their willingness to help Arbitrum diversify their holdings. Arbitrum is planning to invest 35 million ARB tokens valued at $37 million in liquid and stable assets.  More than twenty-four companies pitched their products in a recently held open call, including...

Bitcoin exchange inflows witnessing a real downslide


BTC exchange inflows have been declining for some time, as CryptoQuant author Axel Adler Jr. noted in a post on X.  Where the exchange inflow is concerned, it is an on-chain identifier tracking the full volume of Bitcoin that investors have deposited into wallets connected with centralized...

Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds


As cryptocurrency becomes a significant part of American investment portfolios, its influence extends beyond digital transactions into tangible impacts on real estate markets and household spending, a recent study finds. Report Shows Cryptocurrency Wealth Adds ‘Meaningful Implications for the Real...

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