NEWS
Bitcoin Trader Warns of ‘Lower High’ as $64,000 Returns on US CPI Drop
Bitcoin (BTC) spiked past $64,000 into Tuesday’s Wall Street open as US inflation saw a surprise sudden downturn. Key points: Bitcoin returns to near the…
NEWS
NEWS
NEWS
Ethereum (ETH) Foundation spinout EthSystems targets banks with blockchain privacy technology
A team of former Ethereum Foundation researchers focused on institutional privacy has launched EthSystems, a new for-profit company aimed at building confidentiality infrastructure for financial…
NEWS
For pension funds, tokenization’s real play is balance sheet management, not just 24/7 liquidity, Fidelity’s Lai says
Tokenized products already exist, though mainly for investing. The most popular category is tokenized money market funds, primarily backed by U.S. Treasuries. The largest, BlackRock’s…
NEWS
OpenAI Adds Kalshi World Cup Odds to ChatGPT Search
Sam Altman’s OpenAI is bringing prediction market data to ChatGPT, giving World Cup fans a new way to track match predictions. OpenAI has started displaying…
NEWS
Strategy Became a Symbol of Dot-Com Crash: Could History Repeat?
In March 2000, Strategy executive chairman Michael Saylor watched more than $6 billion disappear from his fortune in a single day. MicroStrategy’s shares had plummeted…
NEWS
Humanity Protocol to Prioritize Operational Security following $36M Hack
Humanity Protocol will refocus its cybersecurity efforts on operational security following a June $36 million exploit that was traced back to a compromised employee laptop,…
NEWS
Benchmark nearly doubles Hut 8 price target to $165 on Beacon Point AI data center deal
Companies including Hut 8, Core Scientific (CORZ), Hive Digital (HIVE) and Bit Digital (BTBT) have repositioned portions of their power and infrastructure assets to serve…
NEWS
U.S. June CPI fell 0.4%, likely cooling move toward Fed rate hikes
U.S. inflation in June came in far softer than forecast, likely putting on hold what were fast-rising expectations for imminent Federal Reserve rate hikes. The…
NEWS
ECB picks 36 firms including Deutsche Bank and Revolut for CBDC pilot
The European Central Bank (ECB) selected 36 banks and payment firms to join a pilot of the digital euro starting in the second half of…
NEWS
ABA, Banking Associations Push Back Against CLARITY Act Yield Provisions
A wide swath of the US banking industry is urging Senate leaders to amend the stablecoin yield provisions of the Digital Asset Market Clarity Act…
