SpaceX’s stock is down nearly 50% from its high. Why it’s still not a bargain.
Don’t chase a SpaceX stock rally even if earnings are excellent, as a wave of shares will become available for sale. Source：MarketWatch
Kenya moves 30 million academic credentials onto Avalanche blockchain
A new digital verification platform aims to reduce forged certificates by allowing employers and universities to authenticate academic records onchain.…
BlackRock launches tokenized money market funds for stablecoin reserves
The asset manager introduced two blockchainbased money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.…
Trump-linked American Bitcoin president Matt Prusak departs for Giga Energy
The executive is leaving the Eric Trumpbacked miner to join an AI power infrastructure firm, highlighting the shift toward energy and data center buildout.…
American manufacturers grow at fastest clip in 4 years due to AI boom — but all is not well
American manufacturers grew in July at the fastest pace in more than four year as they bore the fruits of a massive boom in artificial intelligence, but…
Circle slides after Morgan Stanley downgrade, cut in price target
The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings. Source：CoinDesk
Bernstein sees another leg lower for crypto markets if Clarity Act stalls
The broker said failure to pass the Clarity Act this year would likely send crypto lower, but expects U.S. regulators to accelerate rulemaking. Source：CoinDesk
How Fake World Assets and onchain gacha became crypto’s latest craze
Fake World Assets turns forgotten NFTs into an onchain lottery — but is crypto’s latest obsession built to last? Source：Cointelegraph
BlackRock expands tokenized cash with new blockchain-based money market offerings
Both funds intend to qualify as eligible reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act. Source：CoinDesk
JPMorgan says Warsh failure to buttress Fed credibility may force a rate hike before year-end
JPMorgan’s U.S. economics team says last week’s postdecision press conference by Fed Chair Kevin Warsh was the most troubling since the practice began in 2012…
Strategy sold another $105 million of bitcoin last week, repurchased $81.2 million of STRC
The company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock. Source：CoinDesk
CLARITY Act failure could send crypto valuations lower: Bernstein
Bernstein said Congress’s failure to pass the CLARITY Act’s could trigger another leg down for crypto valuations and accelerate policy support from US…