Pass the Clarity Act
Reopening a settled provision four weeks before a vote would sink the bill, argues Summer Mersinger, CEO of the Blockchain Association. Source:CoinDesk
Trump, Vance and Bessent try to calm the bond market with ‘alternative facts’
Maybe this stuff works on TV or on the stump. But it doesn’t work on Wall Street, where people can count. Source:MarketWatch
The Treasury, the Fed and the threat to your money
Also in Weekend Reads: The Gen Z online sportsbetting trend, what’s next for Apple as Tim Cook exits, and a bullish take on Nvidia heading into earnings.…
5 things to know about the Chinese e-commerce juggernaut Shein ahead of its IPO
The fastfashion giant is targeting a listing in Hong Kong by Sept. 1. It’s been trying to go public for four years. Source:MarketWatch
Tesla’s stock jumps as the company gets ready for a robotaxi push
The automaker plans to soon launch its Cybercab in Austin, Texas, and got the nod to deploy thousands of vehicles in Nevada. Source:MarketWatch
The U.S. and Canada are scrambling to avoid new tariffs and seal a trade deal. Here’s what could be in it.
U.S. and Canadian officials were engaged in additional talks on Friday. Details about what’s in their new trade deal have trickled out. Source:MarketWatch
6 AI hardware stocks to own for the remainder of the year, according to an analyst
An Evercore ISI analyst sees strong growth ahead for storage makers, networking providers and Apple. Source:MarketWatch
Digital Asset, Paul Ryan foundation target US state benefits with Canton pilot
The RISE program would use the Canton Network to combine and distribute stateadministered benefits across three US states beginning in 2027.…
States are coming after prediction markets — and setting up a costly legal battle over who gets to regulate them
Prediction markets like Kalshi are regulated in different ways across states. There’s a better way for them to thrive. Source:MarketWatch
Bitcoin rally sends crypto stocks soaring as miners, treasury companies jump
Bitcoin’s rally above $79,000 lifted miners and treasury companies, with Canaan, Strive and Metaplanet posting doubledigit gains as crypto stocks surged.…
Ethena's ENA token surges 48%, but altcoin season will have to wait
ENA is rallying on a $1 billion FalconX deal, while HYPE tests its record, though flat dominance shows this is no broad alt season. Source:CoinDesk
Crypto Biz: Treasury’s ‘Not-QE’ playbook sends Bitcoin higher
Bitcoin rallied as Treasury bond buybacks fueled the “notQE” trade, while Metaplanet expanded to the US and Cypherpunk made a $33 million Zcash mining bet.…