Live updates: Market jitters persist as the AI selloff deepens
South Korea’s KOSPI fell almost 4%, accompanied by one of the weakest IPO debuts in the country’s history, with data centre company Elice tumbling around 30%.…
South Korean IPO plunge deepens AI market jitters as brent tops $111
Elice’s debut slump added to concerns over AI infrastructure valuations, while rising oil prices compounded market uncertainty. Source:CoinDesk
JPMorgan projects Bitcoin to outperform US stocks and gold over next decade
JPMorgan included Bitcoin in its longterm capital market outlook for the first time but warned that volatility and unstable correlations limit its role in…
US Bitcoin ETFs draw $527M in biggest showing since September
BlackRock’s IBIT led the gains with $665.2 million in inflows, offsetting withdrawals from Fidelity and Grayscale, while other funds recorded no net flows.…
Bitcoin rally could revive treasury buying, but easy-money days over
“A return to last year’s indiscriminate capital raising looks unlikely,” said Bitfinex head of derivatives Jag Kooner. Source:Cointelegraph
Credit markets have entered uncharted territory as the riskiest junk bonds send a warning to investors
Credit markets are sending unusually mixed messages to investors right now, and it’s making some people nervous. Source:MarketWatch
One of this year’s most important relationships in global financial markets is falling apart
One of the most important relationships in global markets has started to unravel over the past couple of weeks. Investors are scrambling to figure out what it…
Revolut secures Gibraltar crypto license to support global expansion
The UKbased fintech will use the authorization to offer crypto services in additional international markets, though it has not disclosed specific countries or…
Metaplanet to take 93.7% stake in Super League through 2,100 BTC deal
The transaction would give Metaplanet access to US capital markets, where it plans to use preferred stock offerings to finance additional Bitcoin purchases.…
Bitcoin is rejected at $83K as US bond yields reverse higher with equities
Bitcoin price action failed to improve with equities as a sell wall at $83,000 kept BTC in a tight range. Source:Cointelegraph
Public companies object to OKX-ICE’s tokenized stock plan
Nine public companies objected to having their shares offered in tokenized form by OKX and ICE, testing whether platforms can create blockchainbased markets…
Live updates: Bitcoin tags $83,000 and slips back as chip stocks lead a rebound
Tech futures bounced after last week’s 5.5% rout, and bitcoin followed them up before sellers knocked it back. Earnings this week put the AI trade to the test…