Digital currencies were hit by Federal Reserve Chair Jerome Powell's comments that investors shouldn't count on an interest-rate cut in December. ...

Market Performance - Major U.S. stock indices, including the S&P 500, Nasdaq, and Dow Jones, closed at record highs for the second consecutive day, reflecting robust market performance [2][9] - The Dow Jones surged 324 points, or 0.69%, closing at 47,531.10, while the Nasdaq climbed 439 points, or 1.89%, reaching 23,644.20, and the S&P 500 advanced 83.72 points, or 1.23%, closing at 6,875.41 [2][9] Corporate Earnings - Cadence Design Systems (CDNS) reported strong Q3 results with adjusted earnings per share of $1.93, exceeding analyst estimates of $1.79, and revenue of $1.34 billion, surpassing expectations of $1.32 billion [3][9] - NXP Semiconductors (NXP) presented a mixed Q3 earnings report, with reported EPS of $2.48 lower than last year's $2.79, while revenue of $3.17 billion slightly exceeded the estimated $3.16 billion [4][9] - Welltower (WELL) announced solid Q3 results, with rental income reaching $499.48 million and declared a dividend of $0.74 per share, reaffirming its full-year adjusted FFO per share guidance between $5.24 and $5.30 [5][9] Strategic Developments - IBM (IBM) launched a new platform aimed at supporting financial institutions in navigating the evolving digital asset economy, positioning itself to capitalize on the growing interest in blockchain and digital currencies [6][9]

Core Insights - Visa Inc. is scheduled to report its fourth-quarter fiscal 2025 results on October 28, 2025, with earnings estimated at $2.96 per share and revenues of $10.61 billion [1][5] - The earnings estimate reflects a year-over-year increase of 9.2%, while revenue is projected to grow by 10.3% compared to the previous year [2][5] Financial Performance - For fiscal 2025, Visa's revenue consensus estimate stands at $39.85 billion, indicating a year-over-year rise of 10.9, and EPS is projected at $11.43, suggesting a 13.7% increase [3] - Visa has a history of exceeding earnings estimates, having beaten projections in the last four quarters by an average of 3.9% [3][4] - The company has an Earnings ESP of +3.70% and a Zacks Rank of 3, indicating a favorable outlook for the upcoming earnings report [4] Growth Drivers - The Zacks Consensus Estimate indicates a 6.2% increase in total Gross Dollar Volume year-over-year, with a model prediction of 5.5% growth [5] - Total processed transactions are expected to grow by 10% year-over-year, with Visa's model predicting a 9.5% increase [6] - Payment volumes are projected to rise by 8.6% year-over-year, with U.S. operations expected to increase by 7.3% [7] - Data processing revenues are estimated to grow by 13.3% year-over-year, while service revenues are expected to rise by 10.2% [8] Expense Considerations - Adjusted total operating expenses are anticipated to increase by 10.6% year-over-year due to higher personnel, professional fees, and processing expenses [11] - Client incentives are expected to exceed $4 billion in the fiscal fourth quarter, which may offset some positive impacts from higher volumes [11][10] Stock Performance and Valuation - Visa's stock has increased by 9.3% year-to-date, outperforming the industry decline of 5% but underperforming the S&P 500's rise of 15.5% [12] - Visa is currently trading at 26.68X forward 12-month earnings, above the industry average of 21.48X, indicating a somewhat stretched valuation [16] - In comparison, Mastercard is trading at 30.88X and American Express at 20.70X, with the latter offering better value [18] Strategic Initiatives - Visa's stablecoin initiatives are seen as a significant shift in global payments, enhancing its infrastructure for digital currencies and improving capital efficiency for cross-border transactions [19] - Regulatory clarity under the GENIUS Act is expected to bolster Visa's long-term growth prospects [19] - Despite competition and antitrust scrutiny, Visa's strong network effects and innovation provide resilience [19] Investment Outlook - Current valuation suggests limited near-term upside, with shares outperforming Mastercard but lagging behind the S&P 500 [20] - The upcoming earnings report will be critical for assessing momentum in Visa's stablecoin rollout and international expansion [20]

Core Insights - Swift, a Belgium-based network, is collaborating with over 30 major banks to develop a blockchain-based infrastructure aimed at making international payments instantaneous and integrating traditional banking with digital currencies [1][2]. Group 1: Initiative Overview - The initiative focuses on creating a shared digital ledger for real-time, 24/7 cross-border payments, enhancing compatibility with stablecoins, tokenized bank deposits, and central bank digital currencies [2]. - The current international money transfer process is slow and costly, with wire transfers taking days and incurring multiple fees [3]. Group 2: Technological Advancements - The blockchain overhaul aims to enable instant cross-border payments, which is expected to reduce costs associated with the current multi-day settlement process [4]. - The consortium includes major banks such as JPMorgan Chase, HSBC, Deutsche Bank, and others from the Middle East and Africa [5]. Group 3: Market Context - The announcement coincides with the rising significance of stablecoins, which are projected to reach up to $4 trillion in circulation by 2030, facilitating $100 trillion in trade annually [5].

Group 1 - The focus is on future-oriented and undervalued stocks and digital assets that are strategically positioned to benefit from long-term technological, societal, and monetary shifts [1] - The approach combines speculative foresight with disciplined fundamental analysis to uncover asymmetric opportunities across both emerging and established names [1] - Key themes covered include AI, digital currencies, space infrastructure, and longevity, utilizing valuation models like DCF, relative metrics, and macro context [1] Group 2 - The work is designed for long-term investors seeking early positioning with strong narrative and financial grounding [1]

Today, E Toro announces the launch of staking for US customers. The Blockchain Association warns against efforts to roll back the Clarity Act. That's our crypto market infrastructure bill.And Josh Lavine, chairman at Bitcoin Treasury Company, Orange BTC, breaks down how institutions are navigating Bitcoin. Welcome to CNBC's Crypto World. I'm Mackenzie Seagalos.Digital currencies are on the rise this Monday morning after last week's pullback. By noon Eastern, Bitcoin climbed three and a half% to just under $ ...

Market Overview - Bitcoin rose, crossing the $112,000 level, while Ether moved higher to $4,480 [1][2] - Solana token rose to $211, outperforming Bitcoin and ETH due to institutional interest [2] - American Bitcoin stock was up around 30% by noon on its NASDAQ debut [5] Regulatory Landscape - SEC and CFTC released joint guidance clarifying that registered exchanges are not prohibited from facilitating the trading of certain spot crypto commodity products [3] - SEC chair stated the guidance is a significant step forward in bringing innovation in the crypto asset markets back to America [4] - CFTC acting chair indicated the end of mixed signals about crypto regulation [4] American Bitcoin (ABTC) - American Bitcoin, co-founded by Eric Trump and in partnership with Hut 8, listed on the NASDAQ under the ticker ABTC after merging with Griffin Digital Mining [5] - American Bitcoin aims to build America's Bitcoin infrastructure backbone, focusing on Bitcoin mining and strategic Bitcoin reserve development [11] - The company's strategy is to accumulate the most Bitcoin, believing in its long-term appreciation [14][15] - American Bitcoin can mine Bitcoin at almost 50 cents to current market prices [17] World Liberty Token & Trump Family Crypto Ventures - World Liberty token USD1 started trading at one penny and reached approximately 25, representing a 25x increase in a couple of months [20] - President Trump and certain family members own about 38% of the equity interests in World's Liberty and receive up to 75% of the token sale proceeds [31] - Eric Trump stated his father has nothing to do with the business, emphasizing a separation of business and government [33]