Standard Chartered pushes $2T stablecoin forecast to 2030 as transaction volumes grow
The bank identified four distinct stablecoin markets, with USDC leading payments and AI transactions as competition intensifies over reserve yields.…
Rising diesel prices have helped fuel inflation — and we’re about to see how much worse it could get
Consumer inflation just came in hot. Thursday will provide more clues on the impact of record diesel prices ahead of the midterm elections. Source:MarketWatch
Micron wins praise from Elon Musk for not being too greedy
Top memorychip providers have ample room to raise prices further, but Musk thinks Micron isn’t squeezing its customers to an excessive degree.…
BlackRock's crypto ETF assets surge 63% but remain far below 2025 peak
The asset manager's crypto assets surged 63% to $79.6 billion as investors returned, but holdings remain 23% below yearago levels. Source:CoinDesk
Bitcoin price dips below $82K as high oil prices spike US CPI inflation
Bitcoin fell below $82,000 while bond yields targeted new 24year highs on the back of hot US CPI inflation. Source:Cointelegraph
How Iran’s $2 trillion threat puts your AI stocks at risk
The Fed admits it can’t cool Big Tech’s spending spree. Tehran says it can, and it just named the targets. Source:MarketWatch
Former FTX Europe chief targets U.S. tokenized stock trading with new SEC exemption
Nasdaqlisted Perpetuals.com is the second company to pursue a U.S. tokenized stock marketplace under the SEC's new framework, following a joint venture between…
Social Security’s COLA will be 3.6% in 2027 as inflation persists
The increase is aimed at helping about 68 million beneficiaries keep pace with inflation. Source:MarketWatch
U.S. September CPI comes in hot, sending bitcoin sharply lower
The news could put multiple rate hikes by the Federal Reserve back into play. Source:CoinDesk
Kraken parent to buy Lithuanian Saldo Bank amid TradFi expansion
Payward expects to close the acquisition in 2027, enabling it to expand its traditional banking services into four EU operating markets already served by Saldo…
What analysts are watching with key semiconductor maker TSMC set to report results
Analysts at JPMorgan and Citigroup see further revenue growth for the semiconductor foundry, even after already posting a recordbreaking figure for the third…
Bank of America adds a profit miss to the misery of a $1.2 billion government fine
Bank of America’s stock falls as investor disappointment over the $1.2 billion government fine added to the bank’s downbeat earnings report. Source:MarketWatch