BlackRock expands tokenized cash with new blockchain-based money market offerings
Both funds intend to qualify as eligible reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act. Source:CoinDesk
JPMorgan says Warsh failure to buttress Fed credibility may force a rate hike before year-end
JPMorgan’s U.S. economics team says last week’s postdecision press conference by Fed Chair Kevin Warsh was the most troubling since the practice began in 2012…
Gold is still in its ‘explosive phase,’ says Deutsche Bank, as it sticks to year-end target
Going back as far as 1957 and a few periods notwithstanding, gold tends to outperform CPI and in the last couple of yars this has been especially pronounced.…
Strategy sold another $105 million of bitcoin last week, repurchased $81.2 million of STRC
The company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock. Source:CoinDesk
SpaceX’s first-ever earnings report is a big deal — but not because of the numbers
Investors will be more focused on Elon Musk’s commentary and the potential for added stock volatility. Source:MarketWatch
The gap between big tech and the rest of the market just vanished. Here’s what it means for investors.
Goldman Sachs says hot technology stocks have taken a beating — and investors should take a fresh look. Source:MarketWatch
Private credit has dodged public scrutiny for too long — and regulators need to step in
State regulators should mandate public disclosure of ratings of private credit. Source:MarketWatch
‘I’m easing into retirement’: I’m getting an $80,000 pension payout. Where can I invest it safely?
“I expect to have several years before I take distributions from my 401(k) account.” Source:MarketWatch
Ripple invests in Zilo and Licuido to assist tokenized capital markets push
Ripple made a strategic investment in Zilo and Licuido as it looks to enable the use of tokenized funds as collateral from the point of issuance.…
Bitcoin, ether decline as Coldcard exploit enters a fifth day
Nevertheless, the drop in crypto prices seems restrained given the magnitude of losses in the wallet hack and the erosion of confidence in cold storage.…
AstraZeneca tie-up talks with Bristol-Myers Squibb are moving stocks. Analysts are puzzled.
AstraZeneca shares were slumping while BristolMyers Squibb was jumping on Monday on reported deal talks. But the big question is why these two pharmaceutical…
Oil prices fall to three-week low after Trump calls off planned attack
Oil prices declined sharply on Monday as hopes rose among investors of a potential deescalation in the war between the U.S. and Iran. Source:MarketWatch