Stablecoins not credible for payments at scale, BIS chief says
BIS chief Pablo Hernández de Cos said stablecoins lack credibility for payments at scale, while a new FSI study highlights sharp differences in issuer rules.…
Bitcoin wallets untouched for 10 years moved $40 million. Most avoided exchanges
Six decadeold wallets moved $40 million this month, but Galaxy's data shows dormant coin activity at its lowest since 2022 and 2026 on pace for under half of…
Microsoft’s stock seals its longest winning streak of the year as AI software fears fade
Microsoft’s software offers capabilities that will be critical for AI, one analyst notes. Source:MarketWatch
Kalshi takes legal blow in court ruling confirming state powers over prediction markets
This latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may need to settle the…
Nvidia’s revenue forecast is so huge that Wall Street wonders if SpaceX is the reason
SpaceX plans to spend tons of money on chips and recently announced it will only buy Nvidia’s. But other highprofile companies need more processing power as…
Dolly Parton’s music, books and theme park see spikes in interest following her death
Dolly Parton, musician, actor and literacy advocate, died on Tuesday at the age of 80. Source:MarketWatch
Solana validators approve proposal to accelerate SOL disinflation
The approved proposal doubles Solana’s annual disinflation rate from 15% to 30%, reducing future SOL issuance while leaving its longterm inflation target…
Kevin Warsh gets what every Fed chair hopes for: A bond market that trust his words
Kevin Warsh passed another big test as a new Federal Reserve chairman on Friday: He said the central bank still has work to do on inflation, and the bond…
Meet Generation Renter — young Americans who no longer expect to ever own a home
Also in Weekend Reads: How to start investing, an AI boost for an old industry and advice from the Moneyist. Source:MarketWatch
Chelsea FC gets a stablecoin sponsor after UK FCA warning to clubs
According to Circle, the USDC stablecoin name will appear on the front of club jerseys for Chelsea’s upcoming football season. Source:Cointelegraph
SEC Proposes Amendments to Exchange Act Rule 3a12-8 to Add European Union Debt Obligations
The Securities and Exchange Commission today proposed amendments to Rule 3a128 under the Securities Exchange Act of 1934 to add the debt obligations of the…
Is it a bad idea to withdraw from my retirement account to pay off my last $1,000 in credit-card debt?
“I don’t want this debt hanging over my head anymore.” Source:MarketWatch