Bitcoin price wedged into ‘most divided’ FOMC as Iran war spikes oil prices 8%
Bitcoin traders weathered an oilprice surge and ongoing Asia chipstock selloff into the Federal Reserve interestrate decision. Source:Cointelegraph
BNY targets $8.6 trillion transfer agency market on blockchain rails
The world’s largest custodian will keep its existing system while adding a digital ownership record for tokenized funds. Source:CoinDesk
Bitcoin rises toward $64,000 as Korea's record chip crash leaves crypto untouched
SK Hynix fell 17% after profit rose 557% and still missed estimates. Bitcoin is up 1%, and the Fed decides rates today. Source:CoinDesk
Leveraged ETFs tied to SK Hynix are getting hammered as chip wreck deepens
Volatility around the AI trade has been rough this week for bullish bets on stocks via leveraged ETFs Source:MarketWatch
Bitcoin lows pierce $63K as Asia chip-stock crash spreads to Wall Street
Bitcoin and crypto dropped as contagion from a major Asia stockmarket correction spreads to the US at the Wall Street open. Source:Cointelegraph
Micron’s stock sinks toward worst monthly drop in 11 years as China fears escalate
Investors are worried about China’s domestic supply of chips and manufacturing tools, analysts noted. Source:MarketWatch
Perpetuals tied to SK Hynix hit by flash crash to $900 on Hyperliquid
Perpetual futures on the South Korean chipmaker's American depositary receipts plunged 20% in one minute before quickly rebounding above $1,000. Source:CoinDesk
SpaceX’s stock falls to a new low despite a near-flawless Starship flight
SpaceX’s earnings report next week could unleash a further wave of selling, as some insiders will soon be able to unload shares. Source:MarketWatch
Micron and other chip stocks fall as China steals the spotlight
CXMT had a strong public debut in Shanghai, and now investors are weighing the prospect of a manufacturing breakthrough that could make China’s chip industry…
Nvidia forms 37-member AI security alliance without OpenAI, Anthropic or Google
The chipmaker and 36 other companies say defenders need AI they can run themselves. Major AI players OpenAI, Anthropic and Google are not among them.…
Fivefold increase for Chinese chip maker CXMT in Shanghai debut
CXMT closed its first day of trading with a market capitalization of $85 billion Source:MarketWatch
Brazilian police bust cocaine traffickers in crypto-linked transnational probe
Brazilian police suspect the group of shipping around 6.5 metric tons of cocaine and laundering billions in Brazilian reals through cryptoenabled illicit money…