It was the world’s hottest stock market. Now South Korea’s stock-market index has entered bear-market territory
The cumulative impact of several different narratives – competition, sustainability, excessive leverage, international outflows has sapped the Korean market of…
Live markets: Japan's collapsing yen is pushing companies into bitcoin and XRP
Hedge funds have turned the most bearish on the yen since 2007, boosting bets on further losses to nearly 138,000 contracts as of June 30. Source:CoinDesk
Bitcoin under pressure as U.S.-Iran escalation lifts oil
Major cryptocurrencies are trading in the red as renewed U.S.Iran airstrikes push oil higher. Source:CoinDesk
Strike launches ‘volatility-proof’ Bitcoin loans amid bear market, but at a cost
The cost of eliminating margin calls and forced liquidations is an interest rate as high as 14.2% and an obligation to pay on time, Strike CEO Jack Mallers…
36氪首发 | 获上海国投领投,这家量子传感企业产品已落地惯性导航、气体监测等
图源/企业 作者丨欧雪 编辑丨袁斯来 硬氪获悉,上海量感智能科技有限公司(以下简称“量感智能”)近日已完成数千万元天使轮融资,由孚腾资本(上海国投旗下)领投,六禾创投跟投。…
AI-related debt sells off sharply as Amazon looks to borrow another $25 billion
Bonds financing the massive artificialintelligence buildout were hit hard by selling on Tuesday, as Amazon.com set out to borrow another $25 billion in new…
Think the U.S. stock market is too heavily exposed to AI? It’s even worse abroad.
Stockmarket concentration is hardly just an issue in the U.S. Source:MarketWatch
GameStop investors clear the way for a fresh attempt at buying eBay
Shareholders approved a change that will let the videogame retailer issue more stock. Source:MarketWatch
Why highflying chip stocks are suddenly losing their luster
After a recordbreaking quarter, semiconductor stocks are seeing their valuations come under scrutiny. Source:MarketWatch
Ether climbs toward $2K as Bitmine buys ETH, Robinhood L2 boost
ETH charts a path toward $2,000 as TradFi adoption, DAT buying and a longawaited network upgrade boost investor interest. Source:Cointelegraph
Oil prices rise as the U.S. cancels Iran’s license to sell oil
Oil futures climbed late Tuesday after the Treasury Department canceled a license granted on June 21 to allow for the sale of Iranian oil. Source:MarketWatch
Apple is closing in on Nvidia as it looks to reclaim title of largest U.S. company
Once the face of the AI trade, Nvidia’s valuation has compressed to levels not seen since 2013 while Apple shares continue to power higher Source:MarketWatch