Implosion of Situational Awareness hedge fund has Wall Street betting the bottom is in for the AI trade
One of the wildest months in recent memory for the U.S. stock market is ending on yet another remarkable note: A highflying hedge fund run by an AI wunderkind…
Strategy books $8.2 billion Q2 loss on bitcoin price decline
The world's largest corporate bitcoin holder says it has built a cash reserve covering more than two years of dividend payments after investors questioned its…
Coinbase sinks 5% after missing second quarter revenue estimates
The company reported $1.22 billion in overall revenue, down from $1.5 billion in the year prior. Source：CoinDesk
Telegram’s Pavel Durov responds to Russia’s terrorism designation
The Telegram founder said Russia designated him a terrorist after he refused government demands for mass surveillance and censorship on the messaging platform.…
Senator Schumer proposes agency to address corruption, including Trump’s crypto ventures
The proposed legislation referenced Donald Trump’s disclosure of billions of dollars in crypto earnings in 2025, as well as his family’s business ties to…
Warsh’s Wall Street cred takes a hit as investors doubt the Fed chair’s inflation-fighting resolve
Kevin Warsh insists the Federal Reserve will do whatever it takes to reduce U.S. inflation to its 2% target, but investors aren’t buying it. Source：MarketWatch
The warning signal insiders are sending
Corporate insiders haven’t been this bearish in more than 20 years. Source：MarketWatch
Aviva Investors launches tokenized fund after Central Bank of Ireland approval
The new XRPLbased share class gives eligible investors blockchainbased access to a regulated US dollar liquidity fund while keeping traditional custody…
Micron, Sandisk and other chip stocks get major boosts in the wake of Microsoft’s earnings
Microsoft is spending heavily on AI but is also taking a “responsible” approach to its financials, an analyst said. Source：MarketWatch
Global banks test tokenized money for cross-border payments in $1 million BIS pilot
Twentyeight banks, including JPMorgan, Citi and UBS, moved real money across borders in a live test of blockchainbased settlement. Source：CoinDesk
Canadian crypto ownership increases to 25%: Ontario survey
A survey of more than 2,000 Canadians in late 2025 and early 2026 showed an increasing awareness of risk around the crypto industry and higher ownership of…
Mortgage rates jump to their highest level in a year and show few signs of falling
The Federal Reserve on Wednesday kept its benchmark interest rate steady, but political and economic developments are pushing mortgage rates higher.…