Two blockbuster AI IPO's on the horizon could leave crypto further behind
A wave of blockbuster AI listings is drawing billions of dollars from global investors, reinforcing a rotation away from crypto. Source:CoinDesk
Russia's largest private bank Alfa-Bank tests crypto trading
AlfaBank is testing cryptocurrency trading for qualified investors as Russia moves toward regulating digital assets and banks prepare new crypto services.…
Crypto VC Paradigm raises $1.2B to push into AI
Crypto venture firm Paradigm is widening its investment gaze toward AI and other frontier industries with its latest fund. Source:Cointelegraph
Investors haven’t been this bullish on the dollar in a decade. How the buck can keep climbing.
A crowded bet on a stronger U.S. dollar may depend on whether Wednesday’s jump in oil prices proves lasting, as renewed Middle East tensions revive inflation…
Nvidia’s stock trades at a juicy discount, according to BofA
An analyst recommends investors take advantage of the “enhanced” buying opportunity brought upon by sustained underperformance. Source:MarketWatch
More than two-thirds of tech stocks are at least 20% off recent highs. What’s happening to the AI trade?
Major semiconductor names have been falling hard as investors take profits following a blockbuster second quarter. Source:MarketWatch
With Micron’s stock well off its peak, investors want proof that the AI boom can last
Investors in memory stocks are looking for signs that elevated pricing can be sustained for years without demand suffering. Source:MarketWatch
Crypto VC Paradigm launches $1.2 billion AI fund as it broadens beyond digital assets
The firm's latest fund backs AI and robotics startups but leadership says it remains committed to crypto investing. Source:CoinDesk
CFTC charges commodity, crypto pool operator with $14M fraud
The CFTC has launched a rare cryptorelated enforcement action against a commodity pool operator that allegedly defrauded investors of more than $14 million.…
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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
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