Capital B raises $24.5M for its Bitcoin treasury amid market uncertainty with BlockStream’s Adam Back chipping in
The French Bitcoin treasury firm’s private placement drew support from Adam Back and TOBAM, with warrant exercises potentially unlocking another $158 million.…
Bitcoin bear market ‘over’ as price metric copies 2023 recovery: CryptoQuant CEO
Bitcoin profitability data produced a bearmarket reversal signal that was also present at the start of 2023. Source：Cointelegraph
How Bank of America and three other lenders could win big from Scott Bessent’s and Kevin Warsh’s bond-market machinations
It looks like Federal Reserve Chair Kevin Warsh and Treasury Secretary Scott Bessent are acting in a coordinated way to reduce longterm bond yields, according…
PayPal’s stock sinks as suitors reportedly walk away from their takeover bid
Reports of a takeover offer have propped up PayPal’s stock in recent months, but now the company may have to execute a turnaround on its own. Source：MarketWatch
Truckers are finally making real money again, and AI is a big reason why
Datacenter construction is one of the factors behind a trucking boom that has pulled the industry out of a freight recession. Source：MarketWatch
Is Anthropic worth $2 trillion? Here’s how the company is trading in a new tokenized market.
Not all fund managers are convinced by the valuation but perpetual futures are already pricing Anthropic Source：MarketWatch
Should I use my financial institution’s free advisers or hire an independent?
Buyer beware: There’s no shortcut for getting proper financial advice. Source：MarketWatch
On the six-month anniversary of the Iran war, divisions appear on Wall Street over the trajectory for oil prices
Oil supply has been rising out of the Gulf, but strategists at RBC Capital Markets warn of a lot more hurdles facing the market. Source：MarketWatch
My contractor handed my $42,000 pool upgrade to a subcontractor I had already rejected. What can I do?
“I specifically rejected Contractor A because of his reputation and chose Contractor B because of his reputation.” Source：MarketWatch
IREN shares fall 8% as costly AI transition weighs on earnings
Weakening profitability overshadowed a major milestone in IREN’s transformation into an AI cloud provider. Source：CoinDesk
Marvell Technology shares slump as investors question Google deal. Here’s what Wall Street is saying.
Strategists at a number of banks noted that investors’ eyes were firmly on news about the company’s recent partnership with Alphabet’s Google, with…
Here’s why Warsh’s Jackson Hole speech is a major event for bitcoin and gold
Warsh’s Jackson Hole speech could shape expectations for Fed support of Treasury buybacks, with implications for bitcoin, gold and longterm yields.…