With Micron’s stock well off its peak, investors want proof that the AI boom can last
Investors in memory stocks are looking for signs that elevated pricing can be sustained for years without demand suffering. Source:MarketWatch
A ‘few’ Fed officials said there was a case for a rate hike in June, minutes from Warsh’s first meeting show
A “few” Federal Reserve officials said there was a case for raising interest rates in June, according to minutes released Wednesday from the central bank’s…
Oil surges as Strait of Hormuz is back into ‘full conflict conditions’
Even without further disruption, volatility is here to stay for energy markets Source:MarketWatch
Stablecoin-settled TradFi perpetual trading tops $1.1T: Binance Research
A new Binance Research report said stablecoins are fast becoming a preferred settlement layer for tokenized TradFi markets while gaining traction in payments…
Bank of England governor denies Farage lobbying swayed CBDC policy: Report
Andrew Bailey reportedly said Bank of England policy remained independent after a meeting with Nigel Farage that included discussions on cryptocurrency.…
Crypto VC Paradigm launches $1.2 billion AI fund as it broadens beyond digital assets
The firm's latest fund backs AI and robotics startups but leadership says it remains committed to crypto investing. Source:CoinDesk
Why the stock market’s biggest laggards might be your best defense against a summer selloff
Lowvolatility stocks are having a moment after a long stretch of underperformance. Source:MarketWatch
Insurance giant says it’s turning to AI to replace as many as 1,800 jobs
Allianz Partners will axe between 1,500 and 1,800 roles from its workforce of close to 23,000 Source:MarketWatch
Dinari, tZERO join forces on turnkey platform for tokenized U.S. equities
The move comes as firms race to build the infrastructure for blockchainbased stocks and debate how tokenized stocks should work. Source:CoinDesk
The 5 types of real world assets being tokenized fastest onchain
Tokenized Real World Assets span treasuries, real estate, stocks, commodities and private credit. The sector is still small in TradFi terms but it's growing…
Citadel drops U.S. Portofino suit, seeks bankruptcy order against firm's founder in UK
After winning a 6 millionpound London arbitration award, Citadel dropped its U.S. trade secrets case, saying another judgment would likely go uncollected.…
SpaceX's first bitcoin wallet movements in six months likely don't signal sales
Onchain trackers found the newly public company shifted a tiny amount of bitcoin between its own addresses. Nothing reached an exchange. Source:CoinDesk