Standard Chartered becomes first bank distributor of HKD stablecoin
The bank plans tokenized money market fund settlements in the fourth quarter as HKDAP expands its phased rollout into conventional banking. Source:Cointelegraph
One Wall Street measure of market fragility just hit its highest possible level. The last time it did, volatility spiked.
The market turbulence indicator hit 1 on Aug. 19 for the first time since December 2024 following the presidential election. Source:MarketWatch
He once mentored Scott Bessent. Now Stanley Druckenmiller is criticizing the treasury secretary.
Treasury Secretary Scott Bessent’s recent maneuvers in the bond market have come in for some searing criticism from illustrious investor Stanley Druckenmiller…
Am I too old for Roth conversions? I’m 84 and my wife is 77. We have $8 million saved.
“We are reluctant to pay a financial adviser 2% of assets — roughly $160,000 per year.” Source:MarketWatch
U.S. widens Iran crackdown to encompass crypto, gold, shipping and technology
Treasury says Ivan Obukhov processed over $100 million in crypto for IRGCQF oil sales since 2023. Source:CoinDesk
Business owner faces up to 280 years over $24M crypto Ponzi scheme
A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors. Source:Cointelegraph
Investors poured into Canadian ETFs right before trade talks broke down
Investors misread the mood music on U.S.Canadian talks, in a big way. Source:MarketWatch
Franklin Templeton and Hashkey roll out U.S. tokenized money fund in Asia
Tokenized U.S. treasury and money market funds are one of the fastestgrowing segments in the digital asset markets, growing fifteenfold in two years.…
Live updates: Bitcoin ETFs draw a seventh straight day of inflows as the rally holds above $80,000
Spot bitcoin funds took in $337.56 million on Aug. 24, extending an unbroken run of inflows that has now put real money behind a rally that started with a…
Bitcoin ETFs add $338M as six-day inflow streak hits $2.26B
Bitcoin ETFs have drawn $2.26 billion over six trading days, while yeartodate net outflows have narrowed to about $2.57 billion. Source:Cointelegraph
Treasury’s bond buyback plan fights the market and heightens the danger, billionaire Druckenmiller says
The billionaire investor argues the intervention removes a vital check on government borrowing and fiscal accountability while markets remain the better judge…
Crypto rally spills into dog and cat memecoins as smaller tokens double in a week
Robinhood Chainbased Cash Cat jumped more than 50% in a day, while several smaller animalthemed tokens have gained between 50% and 130% over the past week.…