He backed Tesla and SpaceX before anyone else — here is the impossible bet he is making now
Veteran venture capitalist Tim Draper weighs in on the AI bubble and four huge opportunities he missed. Source：MarketWatch
Gambling on random Pokémon cards: Onchain gagcha hits record high as crypto sinks
Users spent a record $324 million on onchain gacha in June, even as Bitcoin hit a 21month low. The thrill of scoring a top Pokemon card from a random pack is…
Oil is facing a supply crunch — and the war in Iran isn’t the only problem
Constraints on Russia’s refining system have added to the existing crisis, strategists at J.P. Morgan said. Source：MarketWatch
Ledger wants AI agents to manage crypto without holding your keys
AI agents can read wallet balances and analyze portfolios but requires every sensitive action to be approved on a Ledger hardware device before it can be…
MoonPay buys Glide to bolster crypto deposits infrastructure
MoonPay acquired Glide, a crypto infrastructure startup founded by former Robinhood Wallet engineers, to expand crosschain crypto deposit infrastructure.…
Retail sales get boost from car buyers and Amazon Prime Day. Economy hasn’t lost its mojo.
Iran war and high inflation have limited impact Source：MarketWatch
Tokenized stocks market cap gains to record $2.3B
The market capitalization of tokenized stocks rose to a record $2.3 billion, as investors sought exposure to the growing list of tokenized equity products…
GE boosts profit outlook, but stock falls as booming order growth cools
GE Aerospace’s stock falls after earnings, again, with recently rapid orderbook growth slowing. Source：MarketWatch
FATF urges faster crypto AML enforcement as stablecoin crime increases
The global task force said criminal networks are using stablecoins and developing proprietary tokens to evade asset freezes as countries struggle to enforce…
‘Respect is important’: If my financial adviser said, ‘Hey,’ my wife and I would walk out. Where do you draw the line?
“I met with a financial representative who was not aware that AT&T was the shortened form of American Telephone and Telegraph.” Source：MarketWatch
The stock market has a ‘Magnificent Seven’ problem — but not the one bears are warning about
Wall Street is terrified of a trilliondollar AI bill — but the payoff is in sight. Source：MarketWatch
The Lehman Bros. moment of the AI bubble is coming, says this critic warning of fallout for tech stocks and the entire market
OpenAI is going down, and taking investors and an entire industry with it, argues artificialintelligence critic Ed Zitron. Source：MarketWatch