How will stocks perform when the Fed chair speaks at Jackson Hole? Here’s what history tells us.
Kevin Warsh is due to deliver his first Jackson Hole speech since taking the helm at the Federal Reserve. Here’s what to expect from markets. Source：MarketWatch
Connecticut's new lawsuit against Kalshi piles on to prediction market legal fight
The courtroom combat across state and federal courts is so far producing roughly split outcomes, suggesting a big job may be coming for the Supreme Court.…
SpaceX’s $100 billion spaceport plan has investors asking where all the money is coming from
The company will need to raise a lot of debt in order to fund its ambitions, according to an analyst. Source：MarketWatch
Ethena surges as buyback vote, VC unlock overhaul boost token outlook
The changes aim to cut investor selling pressure and channel protocol revenue to ENA as Ethena looks to revive USDe growth. Source：CoinDesk
Bitcoin eyes $81K as Nvidia earnings beat boosts risk assets
Bitcoin and crypto joined US stock markets in fresh gains after Nvidia Q2 earnings beat expectations by around $4 billion. Source：Cointelegraph
GTA 6 leaker cashes out of his own memecoin hours before Rockstar's gameplay reveal
The token hit a $25 million market cap on the back of nine days of unreleased Grand Theft Auto VI footage. Its creator has now sold his stack — hours before…
Bitcoin’s 23% rally sends beaten-down miners soaring past AI stocks
Canaan, American Bitcoin and Cango jumped as much as 67% as renewed crypto demand showed BTC exposure can still drive mining equities despite the industry’s AI…
A new tax on these companies would help Washington shrink the deficit
This month, the U.S. Treasury Department made two ominous announcements: that it will no longer require shell companies to identify who owns them, and that the…
Is my wealth manager’s fee too high? I’m paying 1.2%, but he’s not doing much.
“He doesn’t seem to be protecting me from market downturns.” Source：MarketWatch
How Foot Locker went from a sneakerhead destination to a store struggling to get rid of old shoes
Dick’s Sporting Goods has faced challenges fixing Foot Locker since acquiring it last year. Some skeptics are asking: “Why buy it in the first place?”…
Clearing firm RQD* raises $74 million as Wall Street prepares for tokenized markets
Bain Capital led the investment in the U.S. clearing and custody firm, which plans to expand its digital asset and tokenization infrastructure. Source：CoinDesk
Crypto traders brace for Fed Chair Kevin Warsh’s Jackson Hole speech
One analyst expects Warsh to take a tough line on inflation, but still sees the Fed holding off on rate hikes until at least after the November midterm…