This could be the 10-year Treasury’s tipping point into the danger zone
An unrelenting rout has global bond yields touching their highest levels since 2008, driving up borrowing costs for households, businesses and world…
Manufacturers are getting frustrated: ‘The economy is annoying’
ISM factory index ticks down in August as price pressure continues to build. Source：MarketWatch
SEC proposes broad update to decades-old transfer agent rules with blockchain nod
The proposal would modernize rules largely unchanged since the 1980s, addressing blockchainbased recordkeeping, tokenized securities and increasingly automated…
SEC Charges San Francisco Bay Area Private Fund Executives with Multimillion Dollar Ponzi-Like Scheme
The Securities and Exchange Commission today charged Mark D. Hanf, the former CEO of Novato, Californiabased Pacific Private Money Group LLC (PPMG), and…
Buy these stocks to ride the next big AI wave — connectivity, analyst says
Shares of Coherent and Lumentum are Deutsche Bank’s “highest conviction” picks among hardware companies in the era of AI. Source：MarketWatch
Kalshi issues first lifetime ban for Republican politician over insider bets
The prediction platform permanently banned George Santos and issued a threeyear suspension for Laurie Buckhout after investigations into using insider…
Why Microsoft’s stock could rally another 20% even after a summer winning streak
A BofA analyst says Microsoft’s fullstack strategy and custom chips are driving superior AI economics. Source：MarketWatch
BofA, Citi, Goldman Sachs among 21 institutions planning stablecoin launch
The planned venture will initially focus on a US dollar stablecoin before expanding to other G7 currencies, with a eurodenominated offering next.…
Ethena launches USDe payments app, offers 6% rewards
The selfcustodial app brings USDe into everyday payments, savings and crossborder transfers, with annualized rewards of up to 6%. Source：Cointelegraph
Citi, Goldman, other global banks and asset managers team up on stablecoin venture
The group will focus first on a U.S. dollar stablecoin for payments and digital asset settlement, with a euro token a priority for expansion. Source：CoinDesk
Bitcoin stays flat as global bond bear market rages on, pushing JGB to high
Global bond yields hit multidecade highs today as Japan’s 10year JGB yield reached a 30year peak, keeping Bitcoin steady near $78,000. Source：Cointelegraph
Robinhood's new crypto network is printing cash, and it's sending Arbitrum's token soaring
Revenue on Robinhood Chain hit a 24hour record of $1.9 million, driving a 30% rally in ARB as traders chased downstream gains. Source：CoinDesk