Oil at $100? Why you should always have energy stocks in your 401(k).
Energy and resource stocks have zigged while the market has zagged. Source：MarketWatch
Fed rate hike hinges on two key inflation reports in the next two days
Consumer and wholesale prices are rising again. Just how bad does it have to get for the Fed to act? Source：MarketWatch
Robinhood’s CEO Vlad Tenev fires back at AMC CEO in escalating fight over stock tokens
Tenev told CNBC's "Squawk Box" on Wednesday that public companies shouldn't have veto power over thirdparty securities that reference their shares.…
Investors worried about rising bond yields are keeping a close eye on this corner of the market
U.S. smallcap stocks have hit a pivotal point, trading below a key level as interest rates in the bond market climb ahead of the Federal Reserve’s highly…
U.S. Treasury sanctions another widespread cyber-scam hub, Xinbi Guarantee
Chineselanguage platform Xinbi is accused of operating on crypto transactions as it offered services to other criminal networks. Source：CoinDesk
Trade groups seek to block Illinois crypto tax before January effective date
Following on their earlier lawsuit, CCI and the Blockchain Association seek to block Illinois’ 0.2% crypto tax, arguing it is unconstitutional and would impose…
Treasury will buy more government bonds than previously announced. The market remains ‘underwhelmed.’
The Treasury Department said it would buy back $6 billion in U.S. government debt, exceeding the amount previously announced in its effort to contain bond…
Tether pushes into private credit with $400 million fund with Fasanara
The USDT issuer will help source lending opportunities and provide stablecoin payment infrastructure for Fasanara's private credit network. Source：CoinDesk
Consensys to split MetaMask into its own firm while staying silent on IPO
The existing company, Consensys Software Inc., will rebrand as MetaMask under Ethereum cofounder Joe Lubin as chairman and CEO. Source：CoinDesk
Kalshi election data goes live on DoubleZero ahead of U.S. midterms
The expansion gives institutional and automated traders access to fulldepth political predictionmarket order books ahead of the U.S. midterms. Source：CoinDesk
PayPal expands stablecoin rails with custom token issuance platform
The PYUSDx stablecoin developer platform, backed by PayPal USD (PYUSD), is built with the help of M0 and MoonPay. Source：CoinDesk
Hunter Biden's new LAPTOP token lost 98% of its value in under an hour after $1.6 billion debut
LAPTOP swung from $190 to under $4 within minutes of opening on Base. Onchain records show tokens had been distributed to market makers for a week before…