U.S. Jobs, Circle, Galaxy, American Bitcoin earnings: Crypto Week Ahead
Your look at what's coming in the week starting Aug. 3 Source:CoinDesk
Bitcoin hits $62K while Coinbase premium hits 77-day negative streak
The persistent discount suggests US spot buyers have remained less aggressive than overseas traders even as US Bitcoin ETF inflows turned positive in July.…
Michael Saylor’s Strategy is now tracking bitcoin’s 200-week moving average
Michael Saylor’s company, Strategy, is now closely monitoring bitcoin’s 200week moving average, a key longterm support level that the cryptocurrency has…
S&P 500 profit growth is getting even wilder as Amazon makes its mark
Amazon is the latest Big Tech company to report abnormally large earnings growth, thanks to paper gains on Anthropic investments. Source:MarketWatch
Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges
The Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of the…
Investors are rotating into financial stocks. The Fed’s next move could determine how far the rally runs.
Financial stocks have been among the market’s best performers this month. The Fed’s next move, however, may determine how much further the rotation can run.…
Financial stocks are crushing it. These charts show why the ‘breakout’ rally may have just begun.
The breakout to record highs by bank stocks, plus their strong earnings and favorable valuations, suggest more good times ahead for the financial sector.…
Why every tech giant wants to look like a cybersecurity company in the AI era
As AI agents break free, tech giants are racing to turn cybersecurity into a core feature of their businesses. Source:MarketWatch
Tim Cook’s lasting legacy: Keeping Apple’s eye on the ball
Apple has been phenomenally profitable because its CEO resisted demands to change the business’s focus. Source:MarketWatch
Strategy holds STRC dividend at 12%
Customarily, Michael Saylor and team have lifted the STRC dividend when it trades sizably below par, but not this month. Source:CoinDesk
Onchain, in court: What happened in crypto legal news this week
A case tied to defunct crypto exchange FTX moves forward, a soldier seeks to dismiss over a Polymarket bet and a former congressman was ordered to pay $35,000…
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it
Without that QQQ token, QQQB, July volume for tokenized equities would be roughly $2.03 billion, about 30% below June’s total. Source:CoinDesk