Brazil's central bank orders exchanges to delay large crypto transfers abroad
The rule applies to transfers above $10,000 and smaller transactions flagged as risky by exchanges. Source：CoinDesk
‘My wife and I are both retired’: Do we dip into our $2.3 million fund to pay off our $300,000 mortgage at 2.9%?
“Right now, we’re withdrawing about $100,000 a year from our investments.” Source：MarketWatch
Trillions in institutional money to flow into bitcoin, says Bitwise's Matt Hougan
The digital asset manager's CIO says large capital pools control up to $200 trillion globally, and just a 1% shift toward bitcoin could unlock massive longterm…
Berkshire Hathaway profit doubles, fueled by a near $13 billion investment gain
Berkshire Hathaway booked a near $13 billion gain on investments in the latest quarter, and has put $32 billion of its cash pile to work. Source：MarketWatch
Bitcoin will never fall below $60K again: Nansen founder
Crypto is growing up thanks to trading in real world assets, and Bitcoin will never dip below $60K again, says Nansen founder founder Alex Svanevik.…
Why trillion-dollar asset manager T. Rowe Price put memecoins in its crypto ETF
The $1.9 trillion asset manager says excluding established memecoins on principle would undermine its active approach to crypto investing. Source：CoinDesk
How can we minimize taxes in retirement with a $2.3 million nest egg — while buying homes in Florida and New England?
Timing is everything when balancing retirement distributions and moving across state lines. Source：MarketWatch
Here’s why Wendy’s is losing the burger wars
Wendy’s new CEO is embarking on a turnaround initiative, while acknowledging that issues around food quality and service have turned customers away.…
SpaceX’s Nvidia deal could be bad news for neoclouds like CoreWeave and Nebius, analysts say
Nvidia could bump SpaceX to “the front of the line” when it comes to its limited supply of chips, according to Bernstein. Source：MarketWatch
U.S. Senate opens first stage of crypto Clarity Act voting to give bill a chance next month
The majority leader opened the multistage process the Senate follows when trying to get a bill over its 60vote hurdle, so it's still got a shot in September.…
Domestic stablecoins could boost demand for dollar-backed tokens: IMF
IMF first deputy managing director Dan Katz says users may favor digital dollars for their liquidity, network effects and crossborder acceptance.…
US court backs Bybit’s bid to trace funds from $1.5B North Korea hack
Expedited discovery allows the exchange to seek account identities, balances and transaction histories from platforms with US operations. Source：Cointelegraph