Sky-high returns and earnings expectations could mean the end is near for this stock-market bull run
Never since 1950 have the S&P 500’s price and earnings both been so far above the historical trend at one time, one strategist said. Source：MarketWatch
JCB signs Circle MOU to test stablecoin payments in Japan
The companies will explore using USDC for JCB’s crossborder treasury operations and merchant payments in Japan as regulated stablecoin adoption gains momentum.…
Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD threat
The Japanese investment bank said Open USD's yield passthrough model could pressure Circle's margins by shifting more reserve income to distributors.…
Wikipedia blackout could hurt how AI engines like ChatGPT understand crypto
Wikipedia observes guidelines on crypto coverage that date back many years and may now be outdated, according to the report. Source：CoinDesk
U.S., UK move to align rules for tokenized finance across world's largest financial markets
The joint roadmap aims to reduce regulatory friction for tokenized assets while strengthening ties between the world's two largest financial centers.…
CleanSpark shares jump 22% after $6.6B Georgia data center lease
The Bitcoin miner’s Georgia agreement with an undisclosed investmentgrade technology company expands its footprint in AI and highperformance computing…
Bitcoin jumps on lowest US CPI since 2020 as traders stay wary of $64K failure
BTC price action returned to $64,000 on low US CPI inflation but traders stayed wary of rejection at key resistance. Source：Cointelegraph
Ethereum Foundation spinout EthSystems targets banks with blockchain privacy technology
The spinout comes amid one of the biggest organizational shakeups at the Ethereum Foundation in years. Source：CoinDesk
For pension funds, tokenization’s real play is balance-sheet management, Fidelity’s Lai says
Fidelity International’s Giselle Lai argues that the most compelling longterm use case for tokenized funds is balancesheet management for large, global…
Social Security says it’s handling disability claims better. But it may just be pushing more people away.
The rate of denials has increased in disability cases, research shows Source：MarketWatch
OpenAI quietly adds Kalshi World Cup odds to ChatGPT: Report
OpenAI’s ChatGPT now displays Kalshi’s World Cup prediction market odds in search results, marking the AI firm’s first reported deal with a prediction market…
‘They are relentless’: A scammer is trying to change the email on my empty Robinhood account. What do they have to gain?
“I’ve just been ignoring their attempts.” Source：MarketWatch