Why Sandisk and Western Digital crashed 10% and what it means for bitcoin
Strong earnings from SanDisk and Western Digital were not enough to satisfy investors, raising questions about whether capital is beginning to rotate from AI…
Bitcoin, ether benefit as traders seek safety of largest tokens
The two largest cryptocurrencies are the only CoinDesk 20 members in positive territory as altcoins fall out of favor. Source:CoinDesk
RWAs buck DeFi slowdown as tokenized assets gain traction: CoinShares
Tokenized realworld assets moved beyond issuance as RWA deposits more than tripled to $7.4 billion, while lending and trading activity expanded despite a…
Yen stablecoin issuer JPYC’s Series B reaches $38M
JPYC said it plans to use the new capital to expand its financial and Web3 ecosystem and accelerate adoption of its yenpegged token. Source:Cointelegraph
Live updates: Bitcoin nears $65,000 as oil, inflation hopes keep macro bid alive
Trump’s comments on jobs, inflation and a possible Strait of Hormuz deal have helped risk sentiment, but bitcoin’s next move depends on whether lower oil…
XRP whales keep buying the dip, but ether shows deeper capitulation
CryptoQuant said large XRP spot orders point to "quiet accumulation" rather than a breakout, while ether’s price below realized value leaves holders underwater…
CASHCAT jumps 120% in a week as Robinhood Chain hits $774 million of value locked
The memecoin that defined the chain's debut has recovered to an $86 million cap. Tokenized assets, the chain's stated purpose, sit at $27.6 million.…
Taxes are on the ballot this fall as Republicans and Democrats grow further apart on whether to raise them
Missouri voters rejected a bid to ditch the state’s income tax Tuesday, while big votes loom in Florida and California this fall. Source:MarketWatch
Crypto whales accumulate as bear market nears late stage: CryptoQuant
Bitcoin, Ethereum and XRP whales increased balances during market weakness, as CryptoQuant said large holders are absorbing supply ahead of a possible bottom.…
The government owns some of the same stocks you do. Here’s why that is risky.
Recent deals to have the U.S. take a stake in companies mark something new: Government ownership used as a standing industrialpolicy tool rather than an…
SpaceX extends decline to 11% on lockup expiration and capex spending fears
The company reported no BTC sales in the second quarter, but shares fell before the open as investors focused on capital spending, free cash flow pressure and…
Bitcoin, broader market fail to keep pace as global equities hit record highs
Derivatives data show subdued activity in bitcoin and ether but aggressive positioning in select altcoins. Source:CoinDesk