Bull markets tend to peak with a whimper, not a bang — but a 15% correction for the S&P 500 may be next
Unlike bearmarket bottoms, which typically end with a spasm of despair as traders throw in the towel, bullmarket tops are far more gradual and less dramatic.…
Bitwise, Hyperliquid seek SEC rule changes for token trading, airdrops
The firms are seeking clearer guidance on the classification of crypto assets and secondarymarket trading as the SEC’s public comment period comes to a close.…
The Social Security Administration corrected millions of records, and says there’s more to fix
In an effort to thwart fraud, the Social Security Administration said it has fixed millions of records and is working on correcting millions more.…
Wall Street researchers just used Claude to design a drug. The experiment has spawned a new investment thesis.
For years, artificialintelligence evangelists have boasted about the technology’s capacity to revolutionize drug development and medical research.…
OKX-ICE’s Andrew Cuomo calls issuer objections a ‘natural response’ to tokenized stock plans
The former NY governor, who cochairs the joint venture between the crypto exchange and Intercontinental Exchange, said companies were expected to take a…
Here’s what matters most to Tesla investors heading into earnings
Financial results are somewhat of a sideshow for an investor base eagerly awaiting updates on robotaxis, robots — and the cost of all that. Source:MarketWatch
Investors’ search for safety has made toothpaste stocks more expensive than tech
Wall Street is fleeing tech for toothpaste and shampoo. Even those stocks are getting expensive. Source:MarketWatch
It’s not just California’s billionaire tax. Wealth is on the ballot in the midterm elections.
Several states are dealing with ballot measures tied to taxing the rich — and there may be even more initiatives on this front in 2028. Source:MarketWatch
Injective, BDACS plan Korean won stablecoin settlement for tokenized assets
Injective and BDACS plan to bring wonbacked stablecoin KRW1 to tokenized asset markets as South Korea develops a regulatory framework for local currency…
Stablecoin transfers quadruple to $891B as US banks expand adoption: Report
Coinbase reports growing adoption by banks and businesses, even as stablecoin market capitalization remains largely unchanged over the past year.…
Alphabet, Microsoft add objections to OKX-ICE proposed tokenized stock platform
About 25% of the USlisted companies in OKXICE’s initial tokenized stock platform proposal are asking to optout of the venture. Source:Cointelegraph
Bitcoin price spikes to $83.3K as US stocks rise on Q3 earnings, oil falls
High US corporate earnings reports boosted stock markets and saw BTC price hit $83,300 before reversing at a 21day trend line. Source:Cointelegraph