Meta and Amazon are leading a trillion-dollar Big Tech spending spree
As the cost of AI infrastructure continues to increase, Morgan Stanley says Big Tech capital expenditures are on track to hit new records. Source：MarketWatch
Bolivia mulls recognizing USDT as payment currency amid dollar shortage
As foreign currency reserves remain under pressure, Bolivia is considering a framework to let the world’s largest stablecoin be used for payments, savings and…
Helen Mirren relists her longtime Hollywood Hills estate for $13 million after big renovation
Acclaimed actress Helen Mirren is giving buyers another chance to own a piece of her own illustrious Hollywood history—this time with a multimilliondollar…
Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's TerraLuna crash, but stablecoins will likely resume their longterm…
Dollar stablecoins could improve FX access but amplify currency runs: IMF paper
An IMF working paper says dollar stablecoins can improve access to foreign currency but may also help coordinate exits from local currencies during periods of…
U.S. government digital dollar set to be banned tonight under housing law's CBDC limit
Despite President Donald Trump's refusal to sign Congress' bipartisan housing bill, it's set to go into effect at midnight, and its temporary CBDC ban along…
Bitcoin's quiet split: Strong in USD, lagging in JPY as Yen rises on intervention fears
A sharp rise in the yen has left bitcoin and other major cryptocurrencies underperforming in yen terms compared with their dollarbased trading pairs.…
UK politicians mull permanent crypto donation ban in wake of Nigel Farage scandal
Labour lawmakers proposed a full moratorium on crypto donations in March, which some have sought be made permanent after millions of dollars in contributions…
Mortgage rates jump as tensions with Iran spook bond investors
The conflict between the U.S. and Iran is driving mortgage rates up, adding hundreds of dollars a month in extra costs for prospective home buyers.…
Micron’s stock surges on multibillion-dollar U.S. manufacturing push
The memorychip giant is reversing its recent slide after increasing its investment in the U.S. semiconductor supply chain. Source：MarketWatch
AI contracts, not bitcoin, now drive miner valuations, and Cipher and TeraWulf look cheap
Compass Point analysts Michael Donovan and Ed Engel said markets are giving little credit to future AI data center pipelines despite billions of dollars in…
A warning for the U.S. dollar: The historic bond-market buffer that protected the currency is fading.
Major dislocations in America’s foreign policy have given a stimulus to a dedollarization trend among central banks. Source：MarketWatch