Surprise nonfarm payrolls print sends Bitcoin back below 80K
The US economy added far more jobs than expected in August, pressuring Bitcoin lower as traders repriced the odds of a Federal Reserve rate cut this month.…
Micron is doubling down on AI memory chips. That could pay off big time for investors.
Micron is reportedly increasing production capacity of a more profitable memory offering that’s in high demand due to AI. Source:MarketWatch
Why Oracle’s stock looks like a compelling buy ahead of earnings
While there are longterm debates around Oracle’s stock, analysts say the company looks poised to benefit from upbeat pricing trends and more when it reports…
Pineapple Financial puts $1B in mortgage records on Injective
The mortgage lender plans to bring more than $10 billion in historical loans onchain, turning thousands of mortgage files into blockchainbased records.…
FinCEN ties $13B in crypto scams to non-US operations
The agency reported that “transnational criminal organizations” based in compounds in Southeast Asia were largely behind digital asset scams targeting US…
Why the jobs report will actually be good for bonds
Based on the chatter on Wall Street, you’d think labor has never had it so good. Sadly for working Americans, this isn’t actually the case. Source:MarketWatch
Trump’s threat to stop trade unless there’s a rate cut risks shock to U.S. economy
Economists and other analysts offered criticism Friday after President Donald Trump floated the idea of stopping trade with countries that have a trade surplus…
Crypto Biz: AI took a back seat when Bitcoin started climbing
Corporate crypto bets are getting bigger as rising markets reward direct exposure, putting balancesheet strategies and institutional adoption back in focus.…
QuFi launches post-quantum verification platform with Bitcoin testnet proof
QuFi’s new platform uses postquantum cryptography to verify digital asset transactions without requiring changes to existing blockchain settlement networks.…
US law enforcement group moves to ‘neutral’ position on CLARITY Act
Despite earlier opposition to the CLARITY Act over consumer protection, the National Sheriffs’ Association says it will now “step back and allow the…
Think of Nvidia’s $13 billion deal for Hugging Face as a form of ‘health insurance’
As long as opensource AI models dominate, Nvidia’s custom chip competitors won’t be able to take over its share of the market, an analyst says…
Here’s how people are building their nest eggs using ‘rent and invest’ strategies
Also in Weekend Reads: The disrupted bond market, a warning for traders who borrow money, and advice from the Moneyist. Source:MarketWatch