These charts suggest the S&P 500 is looking like a bargain. Take them with a grain of salt.
Stocks are expensive and cheap at the same time. That’s the strange spot the S&P 500 finds itself in: It’s sitting at a fresh alltime high on Tuesday, yet the…
Open USD rattled Circle's stock, but its key backers still support USDC
Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct…
Samsung is poised to become a dominant stablecoin distributor, analysts say
Samsung seeks to turn 800 million Galaxy phones into wallets for digital assets and blockchain payments, backed by a deeper play in crypto infrastructure.…
BNY to offer institutional crypto staking through Galaxy partnership
The custody giant is expanding beyond safekeeping by adding staking services, allowing eligible institutional clients to earn yield on proofofstake assets.…
The richest 20% are buying most of the new cars sold in the U.S.
The AIfueled bull market in stocks has shifted U.S. car sales into a higher gear — and the richest Americans are doing most of the buying. Source：MarketWatch
Bitcoin coils at $64K as Hormuz reopening timeline sends S&P 500 to $70T record
Bitcoin built on $64,000 as hopes of the Strait of Hormuz reopening to oil traffic sent the S&P 500 index to a record $70 trillion market cap.…
Bessent defends Warsh, saying markets are going through ‘detox’ from too much Fed guidance
The Treasury secretary questioned the need for an interestrate hike. Source：MarketWatch
Bitdeer expands AI infrastructure with long-term $4.7B data center lease
A 16year agreement secures 121 megawatts of AI computing capacity in Norway, highlighting how crypto mining companies continue to pursue new revenue streams…
Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails
Payments will run on the bank’s proprietary blockchain and be routed automatically through its existing client interface. Source：CoinDesk
Stocks could soar in August. Here are six potential drivers.
Tom Lee, head of research at Fundstrat, outlined the reasons he thinks stocks could reach a new high this month. Source：MarketWatch
Palantir is leaving its software peers behind in the AI race
The company’s focus on sovereign AI is resonating with customers, analysts say. Source：MarketWatch
Job openings fell to a 3-month low. Is the labor market losing momentum?
After a burst of new job openings and hiring in the spring, the U.S. labor market appears to have lost some momentum. Source：MarketWatch