BOJ intervenes to defend yen near 160, holds rates steady
The Japanese yen crosses a key psychological level after the country’s central bank reportedly conducted a major currency intervention. Source：Cointelegraph
RWA perps will outpace tokenization
Tokenization was crypto's first big export to TradFi. Perps are next, says Martin Lee, markets insight lead at DWF labs. Source：CoinDesk
ExxonMobil, Chevron’s combined profits quadrupled in three months as the Iran war raged
Combined profits of ExxonMobil and Chevron for the second quarter soared more than 300% in three months to more than $26 billion. Source：MarketWatch
The Big Mac Index turns 40. Here’s why it’s still relevant.
Broadly speaking, burgers are cheaper in Asia, where the U.S. president has accused several countries of currency manipulation. Source：MarketWatch
Fed dissenters speak: Why they backed higher interest rates
Inflation has topped the Fed’s 2% target for more than five years Source：MarketWatch
‘It’s like buying a lottery ticket’: Fidelity asked for my former sister-in-law’s death certificate. Does this mean I’m due a windfall?
“You never know, maybe I’ll win.” Source：MarketWatch
Dubai-based crypto exchange tied to $4 billion Iran sanctioned-evasion network
Shelbit allegedly sent hundreds of millions of dollars to major crypto exchanges, including Binance, as it linked gambling sites and sanctioned Iranian…
World Cup bets smash records as prediction markets hit $20 billion in volume
Markets ranged from the simple question of who would win the tournament to whether Cristiano Ronaldo would cry when Portugal were eliminated (he did).…
Citadel buys bulk of Situational Awareness stock portfolio after AI rout: Reports
Situational Awareness retained about $10 billion in assets, including its Anthropic stake, after reportedly selling leveraged public stock positions to Ken…
Bitcoin, ether fall, equities rally with broader crypto market on track for best month in a year
BTC fell as July drew to a close, even as stocks gained in Asia and U.S. index futures advanced. The CoinDesk 20 index is set to post its biggest gain since…
Why fresh volatility means a ‘valuation opportunity’ is opening up in U.S. stocks
It’s normal for equities to have a tough time around Federal reserve transitions, says RBC’s Calvasina Source：MarketWatch
New York sues Kalshi over alleged illegal gambling operation
The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws.…