Samsung is poised to become a dominant stablecoin distributor, analysts say
Samsung seeks to turn 800 million Galaxy phones into wallets for digital assets and blockchain payments, backed by a deeper play in crypto infrastructure.…
BNY to offer institutional crypto staking through Galaxy partnership
The custody giant is expanding beyond safekeeping by adding staking services, allowing eligible institutional clients to earn yield on proofofstake assets.…
The richest 20% are buying most of the new cars sold in the U.S.
The AIfueled bull market in stocks has shifted U.S. car sales into a higher gear — and the richest Americans are doing most of the buying. Source:MarketWatch
Bitcoin coils at $64K as Hormuz reopening timeline sends S&P 500 to $70T record
Bitcoin built on $64,000 as hopes of the Strait of Hormuz reopening to oil traffic sent the S&P 500 index to a record $70 trillion market cap.…
Bessent defends Warsh, saying markets are going through ‘detox’ from too much Fed guidance
The Treasury secretary questioned the need for an interestrate hike. Source:MarketWatch
Clarity Act sits idle over Trump ethics question as Warren asks SEC to investigate him
Senators Elizabeth Warren and Richard Blumenthal requested the U.S. Securities and Exchange Commission probe Trump's memecoin. Source:CoinDesk
Bitdeer expands AI infrastructure with long-term $4.7B data center lease
A 16year agreement secures 121 megawatts of AI computing capacity in Norway, highlighting how crypto mining companies continue to pursue new revenue streams…
Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails
Payments will run on the bank’s proprietary blockchain and be routed automatically through its existing client interface. Source:CoinDesk
“车企牌”电池相继上车,不只是PK宁德时代
“车企牌”电池正在不断涌现,并交付上车。鸿蒙智行推出了巨鲸电池,理想汽车推出了理想牌电池,不久前的7月30日晚,小米正式对外发布了龙甲电池。 车企正试图通过自有电池品牌,将电池的每个技术点攥在手中,并抢占用户心智。…
Stocks could soar in August. Here are six potential drivers.
Tom Lee, head of research at Fundstrat, outlined the reasons he thinks stocks could reach a new high this month. Source:MarketWatch
Palantir is leaving its software peers behind in the AI race
The company’s focus on sovereign AI is resonating with customers, analysts say. Source:MarketWatch
Job openings fell to a 3-month low. Is the labor market losing momentum?
After a burst of new job openings and hiring in the spring, the U.S. labor market appears to have lost some momentum. Source:MarketWatch