Chainalysis estimates $457B in taxable crypto activity, says CARF misses most
The blockchain analytics firm said just 14% of the onchain activity it identified is covered by the OECD’s international crypto taxreporting framework.…
The U.S. economy is better than it looks — but it might be due for a slowdown
Consumer spending soared in the second quarter. A repeat is unlikely. Source:MarketWatch
The ugly math on interest expenses, yields and the $40 trillion U.S. national debt
“The interest payments are starting to snowball,” said Joe Boyle at Hartford Funds. Source:MarketWatch
SEC sends crypto custody rule overhaul to White House for review
The securities regulator’s crypto custody overhaul could clarify how investment advisers and funds hold digital assets for clients as the proposal moves…
77% of Americans see crypto in retirement plans as risky: Survey
A new survey finds broad skepticism toward crypto in workplace retirement plans as US policymakers move to expand access to alternative assets.…
Bitcoin dips below $78K as stocks, gold fall on higher US PCE Inflation data
Bitcoin stayed away from challenging $80,000 after July US PCE inflation data came in slightly higher than anticipated, pressuring gold and risk assets.…
Shinhan and Visa team up to test stablecoin issuance and B2B settlements in South Korea
Shinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AIpowered payment models.…
Protocol upgrade decouples consensus from execution to solve scaling bottlenecks
CTDG Dev Hub participant’s protocol upgrade decouples consensus from execution, allowing network nodes to reach agreement on blocks before transaction…
Bill Gates issues a stark warning about AI — and Americans increasingly share his concerns
The Microsoft cofounder is urging technology leaders and government officials to better acknowledge the risks AI poses to jobs and human connections.…
China is collecting on old debts but won’t pay its own
China’s leaders are working to recoup hundreds of billions of dollars worth of unpaid taxes. At the same time, the country is defaulting on a significant…
12 stocks for ‘bottom-fishing’ investors looking for cheap growth opportunities
Companies with stocks near 52week lows that analysts expect to roar back include Dick’s Sporting Goods, McDonald’s and L3Harris. Source:MarketWatch
Your portfolio can recover from a bear market, but can it survive you living to 110?
A longer life may be the biggest risk to retirement plans Source:MarketWatch