There’s good and bad news if you want to copy JPMorgan’s new AI agent that outperforms the 60/40 portfolio
JPMorgan says it’s designed an artificialintelligent agent to evaluate markets and economic data and use it to outperform the standard 60/40 investing model,…
Bitcoin slips below $63,000 in an Asian-session leverage flush
The liquidations were minor, running at about a sixth of what the market saw at its worst over the past 30 days, per CoinGlass. Source:CoinDesk
Bitcoin holds near $63,800 as war-driven selloff hits everything but crypto
Gold, oil, stocks and bonds all moved sharply on the fourth round of U.S. strikes on Iran, but bitcoin is littlechanged. Source:CoinDesk
Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's TerraLuna crash, but stablecoins will likely resume their longterm…
Bitcoin is nearing a power law support line Fidelity has tracked since 2015
The group's Dir. of Global Macro Jurien Timmer calls it an accumulation zone but notes the lack of a catalyst to bounce yet. Source:CoinDesk
Ripple once weighed shutting down and handing XRP to shareholders, CEO says
Ripple's Brad Garlinghouse says he and cofounder Chris Larsen considered winding the company down and handing its XRP to shareholders before deciding to fight…
Crypto IPO market stalls as capital rotates to AI and macro uncertainty weighs
Funding constraints and investor caution, not regulation, are delaying crypto IPOs, according to Cohen & Company Capital Markets' Christian Lopez.…
The U.S. stock market is becoming ‘too big to fail’
Why protracted bear markets may be a thing of the past. Source:MarketWatch
Bitcoin analysts predict $300,000–$500,000 price in 2029. The math says no
Analysts predict a rally to $300,000 or more by 2029. But key data suggests the era of moonshots may be over. Source:CoinDesk
Backpack joins race for 24/7 stock markets with tokenized equities
The launch comes as tokenized stocks become one of the fastestgrowing corners of crypto, with exchanges and traditional finance firms racing to expand 24/7…
Polymarket seeks approval to bring margin trading to U.S. customers
Polymarket's application to allow users to take positions that are not fully collateralized follows authorization granted to rival Kalshi in March.…
Bitcoin's $60,000-$70,000 range becomes third longest consolidation in history
Bitcoin has spent 307 days in the $60,000$70,000 range, the third longest consolidation in any $10,000 price band. Source:CoinDesk