OpenAI IPO won't happen this year, says Sam Altman
"Given everything happening with safety, right now would be an illadvised moment to go public," OpenAI CEO Sam Altman told Fortune. Source:CoinDesk
Ripple stablecoin chief sees $13 trillion corporate treasury opportunity for RLUSD
Payments and capital markets are driving growth for Ripple's $2.4 billion digital dollar as it looks to bring RLUSD to Europe under MiCA, the firm's Jack…
Robinhood CEO says companies shouldn't get veto over stock tokens in AMC feud
In a post on Friday, Vlad Tenev said securities issuers should control shareholder rights, but not separate products that track their publicly traded shares.…
Bitcoin spikes toward $80K as US CPI data delivers new 22-year high in bond yields
Bitcoin briefly rebounded past $79,000 and US stocks turned green as US CPI inflation data met expectations. Source:Cointelegraph
With Fed rate hike all but assured, here's how markets might react
Traders could look past an expected Fed hike and weigh what higher rates are signaling about the economy. Source:CoinDesk
India's richest state is exploring tokenizing its own assets to fund new infrastructure
Maharashtra is drafting a policy to tokenize the state's assets, including the electricity transmission infrastructure. Source:CoinDesk
Bitcoin ETF outflows accelerate as investors pull $449M in three days
ARK 21Shares accounted for $164 million of Thursday’s Bitcoin ETF withdrawals, while Ether and Solana funds also recorded net outflows. Source:Cointelegraph
Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike
The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may have to act if inflation…
The four reasons stocks could embark on a ‘face-ripper rally’ as soon as this morning
Bull markets don’t peak when investors are so bearish, says Fundstrat’s Tom Lee. Source:MarketWatch
Bitcoin buyers wary of July sub-$58K floor amid onchain data ‘anomaly’
Bitcoin HODL waves data revealed an unusually muted reaction to Bitcoin’s drop below $58,000, raising questions over its status as a bearmarket floor.…
Bitcoin recovers toward $77,300 as zcash leverage unwinds
Bitcoin rose 0.7% since midnight UTC to around $77,200, and 68 of the CoinDesk 100 constituents gained, though the index remains 1.4% lower over 24 hours.…
Bitcoin pulls back as another golden cross fails to deliver
Bitcoin’s golden cross may support the longerterm outlook, but history suggests much of the upside often occurs before the signal appears. Source:CoinDesk