US Treasury moves forward with rules on GENIUS Act after July deadline
The stablecoin bill signed into law last year is scheduled to go into effect in January 2027, potentially without finalized regulations from US government…
Bitcoin hits $64K as gold gains while oil shakes off Trump Oman threat
Bitcoin price strength saw BTC/USD pass $64,000 on 2% daily gains as gold pushed higher while US stocks wobbled on fresh USIran rhetoric. Source:Cointelegraph
Apple’s stock could rise 30% if it strikes an Nvidia deal for AI, this analyst says
A Rothschild analyst suggests Apple could improve upon its ‘subpar’ AI efforts by deploying Nvidia’s opensource models. Source:MarketWatch
Compound bets $52 million, new leadership team in switch to institutional focus
The protocol pioneered decentralized finance lending, but assets locked have tumbled from a peak five years ago. Now it's looking to attract institutions after…
Micron, Sandisk and other chip stocks climb as investors get more confident about AI spending
AI companies are seeing improved financial performance, according to reports, and memorychip companies may be able to better fend off Chinese competition with…
Most investors are making the same costly mistake — and it has nothing to do with picking the wrong stocks
Studies showing younger investors believe gambling is a reasonable path to wealth creation, and not all that different from investing, “concerns me deeply,”…
Prediction markets see a divided government after midterm elections. Here’s how you should trade, Citi says.
The odds on Polymarket of a sweep by the Democratic Party in November have risen to 48%, and Citigroup sees a potential rally in bonds. Source:MarketWatch
U.S. Treasury Department proposes GENIUS Act stablecoin rule
The Treasury proposal would establish some of the core definitions and jurisdictions in the law Congress completed last year. Source:CoinDesk
Stanley Druckenmiller ditched these chip plays before the selloff. Here’s how he’s playing the tech sector now.
The closely followed investor has beefed up some technology holdings in the second quarter. Source:MarketWatch
The Coldcard hack proves reputation is not a security model
A community built on verification spent five years outsourcing its judgment to one man, writes Foundation CEO Zach Herbert. Source:CoinDesk
How a bug in Coldcard’s code went unnoticed for years, leading to $100 million in hacked funds
Crypto’s favorite maxim, “don’t trust, verify” wasn’t followed in the case of Coldcard’s code. Source:CoinDesk
The stock market is driving the economy in one major way
The wealth effect of higher equity prices has enabled U.S. consumers to continue spending even when changes in disposable income suggested recessions might be…