Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies. Source:Cointelegraph
Anthropic’s slowing growth could be the AI trade’s latest red flag
Anthropic’s revenue growth appears to be cooling as the company prepares for its public debut, further stoking investors’ AI jitters Source:MarketWatch
Polygon gains US payments licenses after closing Coinme deal
The deal gives Polygon access to 37 money transmitter licenses and 11 state exemptions. Source:Cointelegraph
The AI trade is splintering as inflation fears rattle hyped-up tech stocks
Investors are wondering if steep inflation and increased borrowing costs could derail the AI buildout. Source:MarketWatch
You’re probably too invested in equities. Why a 60-40 portfolio is still the smart way to go.
For most of U.S. history, an allstock and a 6040 portfolio have run neckandneck for trailing 30year returns. Source:MarketWatch
Big banks see risks in financing the AI boom, but are happy to keep writing the checks
The CEO’s the U.S.’s biggest banks all chimed in on the risks of related to the massive AI buildout, but how there’s still no sign that investments need to…
CoreWeave’s AI bonds tumble, raising red flags for the wider market
CoreWeave’s bonds issued six months ago fell to 81 cents on the dollar earlier Wednesday, yielding more than 15% Source:MarketWatch
Kalshi CEO says state-led oversight of U.S. prediction markets would push them out
CEO Tarek Mansour said he feels "pretty good" about the pending outcome of the current legal fight over who has the right to regulate prediction markets.…
Standard Chartered pushes $2T stablecoin forecast to 2030 as transaction volumes grow
The bank identified four distinct stablecoin markets, with USDC leading payments and AI transactions as competition intensifies over reserve yields.…
AI agents make 138 million crypto payments as U.S. dominates spending on AI models
U.S.linked wallets account for just over 88% of tracked AI model payments, dwarfing China’s 0.1% share, according to new Chainalysis research. Source:CoinDesk
Micron wins praise from Elon Musk for not being too greedy
Top memorychip providers have ample room to raise prices further, but Musk thinks Micron isn’t squeezing its customers to an excessive degree.…
EasyA hits $1.1 billion valuation, targets 2027 public listing and tokenized shares
The blockchain and AI developer platform has completed two years of audits and wants its shares available onchain from the first day of trading. Source:CoinDesk