Bitcoin stable as Fed fave PCE inflation sees first monthly drop in six years
Bitcoin and US stocks enjoyed a relief bounce as the South Korea semiconductor rout eased and US PCE inflation data conforms to yearonyear expectations.…
Tokenized gold passes DeFi stress test, but less than 2% is used as collateral
A RedStone report found tokenized bullion held up during gold’s sharp selloff, but DeFi lending adoption remains limited despite surging market growth and…
5 microcap software stocks expected to soar by triple digits as the companies’ sales pop
These companies are all expected to show very rapid revenue growth through 2028. Source：MarketWatch
Americans are spending plenty — but they’re saving much less
Consumer spending rose again in June to cap off a strong second quarter, but households had to dig deep into their savings to pay for their purchases after a…
The economics behind Aave proposal to ditch 6 chains that earn loose change in revenue
A governance proposal would shut deployments on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, and retire 50 asset markets elsewhere. Deposits on some have…
South Korean crypto trading surges amid stock market plunge
South Korean crypto exchanges saw a fresh spike in trading activity as the country’s stock market had several days of significant downside. Source：Cointelegraph
Meta’s stock is falling hard. Here’s why the company is in Wall Street’s doghouse.
Meta’s spending on AI is ramping, and investors want proof that the company can make serious money in areas other than advertising. Source：MarketWatch
JPMorgan says fading Clarity Act odds weigh on crypto outlook
The bank said deteriorating prospects for U.S. market structure legislation remove a key catalyst for digital assets, even as tokenization and institutional…
Institutional crypto trading hits a record 72% as Wall Street calms crypto's wild swings
A new report from market maker Wintermute found that institutions now dominate crypto trading, driving lower volatility, selective altcoin flows and growth in…
Why Microsoft’s stock is soaring toward a historic gain after earnings
The company’s cloud business is sporting impressive growth, and Microsoft expects to avoid heading into cashburn mode as it spends up on AI. Source：MarketWatch
Pioneering AI hedge fund with returns of 1000% since inception discovers the downside of leverage
AI wunderkind Leopold Aschenbrenner has reportedly asked investors for an injection of fresh capital, and offered them to opportunity to buy some of its assets…
GDP shows the economy grew 1.5% in the second quarter — but it’s even better than it looks
Consumer spending and business investment in AI drive the economy forward Source：MarketWatch