Crypto card spending tops $1 billion as stablecoins move into everyday purchases
Tracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid for groceries, rides and…
Nvidia is the beating heart of the AI boom and the stock market — which sets up a big test
Nvidia is due to report earnings on Wednesday, and “a very broad universe of companies” is tied to the themes that the chip giant represents. Source：MarketWatch
Crypto’s next billion users might be AI agents, and they’re paying with stablecoins
According to Coinbase’s head of AI product, we’re currently in the “Napster/LimeWire era” of agentic payments. Source：CoinDesk
The Treasury’s bond-market intervention isn’t working. So what comes next?
You can’t just sweep $40 trillion in U.S. national debt under a rug and forget about it — or so the bond market appears to be telling Treasury Secretary Scott…
I’m turning 70. Here’s how I’m making this decade the richest of my retirement.
Tweaking my finances, work and life as I go from the “gogo” years to the “slowgo” years. Source：MarketWatch
Canada announces retaliatory tariffs on U.S. goods after trade talks break down
Canada Prime Minister Mark Carney on Saturday announced his country would impose “dollarfordollar” tariffs on U.S. goods — a retaliatory measure after trade…
Crypto exchange BitMart weighs partial restart and creditor payouts weeks after announcing shutdown
The exchange has hired White & Case as restructuring counsel, with a detailed roadmap expected by Sept. 9. Source：CoinDesk
Tokenized stocks risk repeating Wall Street’s 1960s ‘paper crisis,’ Fairmint CEO says
Fairmint CEO Joris Delanoue warns tokenized stocks risk recreating Wall Street’s 1960s paper crisis through fragmented systems and standards. Source：CoinDesk
Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle
Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.…
Why an announcement from the Treasury sparked a rally in gold and bitcoin this week
Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.…
Move over, credit cards: Social-media stars are tapping magic wands to buy things
Taptopay is getting a TikTok makeover as shoppers turn checking out into a personalized accessory. Source：MarketWatch
Here’s some surprisingly good news for the stock market this midterm election year
There is a strong historical pattern of postmidterm strength. Source：MarketWatch