New Apple CEO John Ternus’s first big challenge: Leading when his old boss is still in the building
Tim Cook may be stepping down as Apple’s CEO, but he’s sticking around in an expanded board role Source:MarketWatch
London Stock Exchange partners with Kraken parent for tokenized UK stocks: FT
The London bourse operator is seeking to offer 24/5 exposure to UKbased tokenized equities, as more TradFi institutions explore tokenized equities offerings.…
Suddenly Wall Street is getting a bit nervous. Here are two ways to prepare for potential turbulence.
Strategists at Citadel Securities and JPMorgan both said they have turned temporarily cautious, though neither is saying the bull market is over.…
Singapore proposes 100% reserves and a ban on yields for stablecoin issuers
The country’s financial watchdog says its proposed stablecoin rules are aligned with U.S. and EU frameworks and that it also paves the way for the recognition…
Bitcoin consolidates near $78,000 as Arbitrum surges 30% on Robinhood Chain revenue
BTC drifted lower after last week's rally to $81,428, while ARB led DeFi gains as Robinhood Chain's daily fees topped $2 million. Source:CoinDesk
Bitfinex Securities lists tokenized notes tied to Strategy, Metaplanet
Five equitybacked notes issued through Luxembourg’s ORO II fund will trade against dollars, USDT and Bitcoin for eligible nonUS investors. Source:Cointelegraph
Singapore weighs recognizing some foreign-issued stablecoins
Singapore is considering allowing jointly issued crossborder stablecoins into its regulatory regime, revisiting its earlier decision to restrict the framework…
Global oil prices extend move over $90 after report of two tankers struck in Hormuz
West Texas Intermediate’s contract for October delivery and Brent crude’s November contract rose to their highest levels in nearly two weeks. Source:MarketWatch
Are rising bond rates really so bad? Maybe not, say these exports
The nearzero interest rates that characterized the decade after the global financil crisis were a sign of economic dysfunction. Higher rates reflect a stronger…
Strategy spends $635M buying back STRC as perpetual preferred stock lags $100 par
STRC trades at $97.34 despite Strategy’s growing repurchases, while SATA’s higher dividend rate has helped it hold its $100 par value. Source:CoinDesk
From the U.K. to Japan, bond yields are jumping as U.S. bonds tumble
The old adage that the rest of the world sneezes when the U.S. catches a cold very much applies to bonds as well. Source:MarketWatch
‘It’s not fair’: My twin brother and I were left houses by our parents. Can I make him pay his share for taxes and upkeep?
“I am frustrated and financially exhausted from continuing to invest my own money into these properties.” Source:MarketWatch