Fed rate hikes won’t bring down gas prices. Why the bond market is pushing for them anyway.
The 10year Treasury yield is sitting on the doorstep of 5%, and that’s a warning sign for stocks. Source：MarketWatch
Zodia Custody CEO Julian Sawyer steps down, becomes adviser
Sawyer will become a strategic adviser rather than take the helm of Zodia Solutions, as previously announced. Source：CoinDesk
U.S. Bank takes next step towards launching its stablecoin with cross-border payment test
The fifthlargest U.S. commercial bank said it is exploring USBDC stablecoin for treasury payments, liquidity management and collateral after completing a live…
US law enforcement group moves to ‘neutral’ position on CLARITY Act
Despite earlier opposition to the CLARITY Act over consumer protection, the National Sheriffs’ Association says it will now “step back and allow the…
Apple possessed the ultimate stock-market superpower under Tim Cook. Can its new CEO step up?
Leadership matters more than visionary ideas. Source：MarketWatch
Oura files for IPO amid Americans’ obsession with tracking their sleep, steps and heart rates
The offering is part of a trend that pairs wearable technology with ‘preventative healthcare’ Source：MarketWatch
HPE follows in Dell’s footsteps as it rides the AI server boom to a big earnings beat
Unlike Dell, HPE focuses on enterprise and sovereign customers, which one analyst noted have a better profit profile. Source：MarketWatch
New Jersey becomes first state to ask Supreme Court to weigh in on prediction markets
After multiple appeals courts ruled differently about whether states can crack down on prediction markets' sports products, New Jersey asked SCOTUS to step in.…
New Apple CEO John Ternus’s first big challenge: Leading when his old boss is still in the building
Tim Cook may be stepping down as Apple’s CEO, but he’s sticking around in an expanded board role Source：MarketWatch
Ethereum developers propose first step to protect ETH staking from quantum attacks
A draft proposal would allow validators to deposit with quantumresistant keys, then permanently stop accepting the format the network runs on today.…
Tom Lee's Bitmine buys $81 million of ETH in largest weekly haul since early July
The treasury firm stepped up its ETH buying as Tom Lee said the crypto’s 30% weekly rally could signal a larger move ahead. Source：CoinDesk
Trump calls for passage of a key cryptocurrency bill as it falters in the Senate: ‘We need Congress to take the next step’
The Clarity Act is running into resistance because it doesn’t limit the president’s lucrative crypto ventures. Source：MarketWatch