Social Security recipients will get more money next year. Here’s how much benefits may rise.
Social Security’s costofliving adjustment could be as much as 3.6% in 2027. Source:MarketWatch
Crypto Long & Short:
In this week's Crypto Long & Short, LMAX Group's Jenna Wright argues that markets break down not from too little capital but from capital stuck in the wrong…
Lumentum’s stock surges, giving a further boost to the optical-networking trade
Excitement is building for Coherent’s earnings report after upbeat results from Lumentum. Source:MarketWatch
Kalshi launches sports and crypto perps data feed on DoubleZero
Kalshi launched access to its sports and crypto perpetual data feed through DoubleZero’s dedicated fiber network to bolster institutional data access.…
Smart contract blockchain Solana nearly froze Wednesday, Marinade Finance says
Source:CoinDesk
Nebius adds to the excitement around neocloud stocks with upbeat earnings of its own
Investors are reacting positively to earnings results and demand signals from neocloud companies CoreWeave and Nebius. Source:MarketWatch
Slovenia joins EU’s MiCA stablecoin register with first issuer
Slovenia entered the EU’s MiCA stablecoin register through electronic money institution Dinaro, as the update also added two new CASPs. Source:Cointelegraph
El Salvador’s Bitcoin experiment turns 5: ‘It was for us, not them’
Five years after El Salvador made Bitcoin legal tender, the experiment has fallen short of its original promises for locals, but it’s been great for Bitcoin’s…
Wintermute to pour $1B into AI, high-frequency trading amid TradFi expansion: Report
Wintermute will reportedly invest $1 billion in AI infrastructure and highfrequency trading as part of its expansion into traditional finance.…
Standard Chartered-led Anchorpoint launches Hong Kong dollar stablecoin
HashKey Exchange and OSL Group are now authorized distributors, enabling institutional and professional investors to mint and redeem HKDAP tokens.…
Eli Lilly is suing pharmacies and peptide vendors over sale of its next big weight-loss drug: retatrutide
Some Americans have turned to medical spas and pharmacies that sell peptides for health and wellness benefits for access to compounded versions of retatrutide.…
America doesn’t need a second-class payments system
If an institution qualifies to participate in America’s banking system, it should have a clear path to America’s payment system, argues Anchorage Digital's…