SEC regulatory proposal marks ‘important’ step forward from ‘inapt’ crypto rules: Commissioner Peirce
“Crypto mom” Hester Peirce praised the SEC’s proposed crypto regime, published days after the Senate failed to pass the CLARITY Act, the US’ first…
I’m leaving my grandkids money — but they must pass financial-literacy classes to get it. Is that fair?
“I do believe very much in delayed gratification.” Source:MarketWatch
Marvell’s stock surges on news of Google chip deal — and Broadcom’s falls
Google will also get the option to purchase about $12 billion worth of Marvell’s stock. Source:MarketWatch
SK Hynix suggests its stock is too cheap as it embarks on $29 billion buyback
Following a sharp selloff in recent months, the South Korean memorychip company says current share prices don’t reflect the business’s “intrinsic value.”…
Bitcoin is flashing 8 of 12 capitulation signals, but bottom's not yet in, says VanEck
Similar setups have historically produced belowaverage 90day and 180day bitcoin returns, said the asset manager. Source:CoinDesk
Moderna’s stock doubles on promising cancer-vaccine results
The vaccine candidate pairs an mRNA therapy with the cancer drug Keytruda. Source:MarketWatch
Should you Venmo your tuition? Here’s what to know as colleges add new payment options.
Some universities will begin accepting the nontraditional payment method as consumers seek flexible spending options. Source:MarketWatch
The bond selloff is rattling investors, but here’s why they shouldn’t expect a deeper stock downturn
Fundstrat’s Mark Newton says it’s not time to panic about surging bond yields driving a deeper stock rout. He offers technical evidence to back his case.…
Bitcoin has ‘largely purged’ froth that preceded 50% drop from $126K: BlackRock
Bitcoin maintained its appeal as a diversification investment despite dropping more than 50% from alltime high, a BlackRock report stated. Source:Cointelegraph
Target’s grocery overhaul is helping it win back customers
The retailer has added more snacks and changed its presentation as it tries to become a destination for food purchases. Source:MarketWatch
Bitcoin stuck in a six-week range as global bond yields hit highest levels for decades
BTC volatility has dropped to multiyear lows as surging Treasury yields rattle equities and traders await the Fed's July meeting minutes for clues on the…
Ripple raises $275 million in senior notes for prime brokerage push
Ripple Prime's inaugural senior notes carried an investment grade rating and drew institutional investors across key financial markets. Source:CoinDesk