Tech stocks surge 2.1% as inflation drops below Fed target
When inflation data comes in soft, tech stocks party like it's 2021, and the assets no one wants to think about as correlated suddenly move in perfect lockstep.
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When inflation data comes in soft, tech stocks party like it's 2021, and the assets no one wants to think about as correlated suddenly move in perfect lockstep.
Continue reading ›
Metaplanet just created a new debt instrument tied to Bitcoin's volatility, the same week a major index threatens to delist them for holding Bitcoin in the first place. Metaplanet launched "BitBonds," selling $1.3 million in unsecured private debt with up to 4.3% annual interest
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The Winklevoss twins are burning through nine figures a year to prove crypto exchanges can be public companies, and the market just told them it's not buying it yet. Gemini shares dropped 7% to $4.00 after reporting a Q2 net loss of $107.7 million, despite revenue climbing 37% to $45.5 million
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American AI safety guardrails just handed China the keys to critical infrastructure security.
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The platform that made "apes together strong" a rallying cry just became blue-chip institutional property. Reddit joins the S&P 500, sending shares up 12% in after-hours trading and ending months of speculation about the inclusion
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When cardboard beats code, something interesting is happening at the edge of asset classes. Pokémon cards gained 22.8% over three months while Bitcoin fell and the S&P 500 lagged, showing collectibles moving independent of traditional markets
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The SEC's first actual attempt at crypto rulemaking just got indefinitely shelved, proving that even under a friendly administration, Washington moves slower than Bitcoin block times.
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The world's largest sovereign wealth fund just bought Ethereum exposure without saying the word "crypto" once. Norway's $1.7 trillion sovereign wealth fund disclosed an $81.9M stake in BitMine Immersion Technologies, holding 6.15 million BMNR shares as of June 30
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When crypto exchanges start acting like MicroStrategy, you're watching the infrastructure layer realize it can be the treasury layer too.
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The SEC just blinked on the biggest tokenization framework in a decade, and Wall Street's fingerprints are all over the delay.
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The model that was supposed to be "safer" just became the one businesses actually use. Anthropic's Claude is now leading OpenAI in US business adoption, according to spending data from fintech platform Ramp
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The man who built Yearn Finance just declared the DeFi revolution over, not because it failed but because it won in a way no one expected. Andre Cronje says DeFi has evolved into "onchain finance", trading its radical decentralization for institutional legitimacy
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The timing isn't subtle: one day before the CFTC convenes its new Innovation Advisory Committee, the White House is putting crypto execs in the room where it happens.
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The Federal Reserve's ability to gatekeep the entire banking system for crypto firms now hinges on nine justices.
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The race to the bottom just reversed at 1,100% speed. DeepSeek is raising API prices by up to 1,100% for its V4 models, effective August 16, abandoning its position as the budget AI provider
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The banks that called Bitcoin a fraud are now buying the companies that hoard it. JP Morgan increased its Strategy stake by 11% with a $6M purchase, while State Street boosted its position by 7% to $758M—two of America's largest banks are quietly stacking indirect Bitcoin exposure
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While the market whispers about a $2 trillion IPO valuation, Anthropic is telling investors to forget the spreadsheets and watch the models run.
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Traditional banking analysts don't usually revise crypto price targets upward mid-cycle, but when token burns start running at $90 million annualized, the math changes fast.
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Three months after raising a billion dollars, Kalshi is already back at the table asking for nearly double the valuation—either prediction markets just became the fastest-growing asset class in crypto, or venture capital has completely lost the plot.
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Stablecoin yield is finally escaping the crypto bubble and landing in the workflows where money actually moves. Tempo launched Tempo Earn, an embedded yield product that lets platforms offer stablecoin returns to users, with Deel's contractor wallet as the first deployment
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