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
Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility
The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized…
Strengthen the Clarity Act
The American Bankers Association seeks to strengthen the Clarity Act, not kill it, argues Rob Nichols, president and CEO of the ABA. Source:CoinDesk
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
A year after losing $1.46 billion, Bybit says AI helped it save $700 million
The exchange that lost $1.46 billion to North Korean hackers is the first large centralized firm to put numbers on a claim bitcoin developers have been making…
Centrifuge adds Symbiotic liquidity network across $1.6B in Janus Henderson, NYLIM funds
Symbiotic’s Liquid Lane gives eligible holders immediate USDC liquidity across three Centrifuge funds managed by Janus Henderson and NYLIM. Source:Cointelegraph
Sweden’s H100 reports $26M H1 loss driven by falling Bitcoin value
Sweden’s H100 reported a $26 million loss for the first half of the year, as it completed its acquisitions to become Europe’s secondlargest Bitcoin treasury by…
China triples digital yuan bank roster year-to-date as eight more banks join network
The People’s Bank of China (PBOC) added 20 new operators this year across two rounds of expansions, including eight additions this week. Source:CoinDesk
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.…