Bitcoin put-call ratio hits 1-year high: Are bears preparing for drop to $55K?
Rising demand for put options and persistent ETF outflows highlight Bitcoin's weakness despite lower oil prices. Source：Cointelegraph
Semiconductor stocks are surging while the ‘Magnificent Seven’ is struggling. This divergence of fortunes could be bad news for the market.
Semiconductor stocks have surged more than 80% this year, riding a wave of AI demand from the “Magnificent Seven.” Meanwhile, the companies writing those…
Charter may be making ‘frenemies’ with SpaceX, and its stock is soaring
Shares of other telecoms are falling, as SpaceX’s Starlink has options to move into the wireless market. A potential partnership with Charter could be one of…
Bitcoin lending is entering a new institutional era, according to Silicon Valley Bank
The bank said bitcoin lending has emerged from the 2022 crypto credit collapse with stronger risk controls, growing institutional participation and a path…
Coinbase, Kraken and OKX move to swoop up EU users affected by MiCA restrictions
Several exchanges that have already been authorized by EU regulators are attempting to bring in users from companies unlicensed under the Markets in…
JPMorgan backs U.S. crypto bill but warns of risks in digital asset framework
The bank says Congress should pair regulatory clarity with safeguards as Senate negotiates the Clarity Act. Source：CoinDesk
BNY adds USDC minting and redemption to institutional custody platform
The move deepens BNY's partnership with Circle and builds on the bank's role as the primary custodian of USDC reserves. Source：Cointelegraph
Private keys, not smart contracts, caused 40% of crypto's $16 billion hack losses. Here's whats being done.
The industry is moving toward fixing the private key vulnerability issue, just not evenly, Wish Wu, cofounder and CEO of Pharos, said. Source：CoinDesk
Wall Street is bracing for a wave of Fed rate hikes that may never come. These sectors stand to gain.
Inflation isn’t as high as you think — and Fed Chair Kevin Warsh looks less hawkish than advertised. Source：MarketWatch
White House to speak with law enforcement groups to push Crypto's Clarity Act
Officials from the White House are said to be sitting down with law enforcement representatives who have objected to illicitfinance portions of the bill.…
J.P. Morgan broadens blockchain settlement network as banks modernize cross-border payments
The bank added five AsiaPacific currencies to its Kinexys blockchain platform, allowing institutional clients to settle payments and FX around the clock.…
Strategy can now sell bitcoin to buy back stock — the opposite of what it’s been doing
Strategy disclosed a program to sell bitcoin “from time to time” to fund its U.S. dollar reserve and share repurchases. Source：MarketWatch