Banks could slow stablecoin growth by paying savers more, BIS paper finds
A BIS working paper found a 1 basis point rise in U.S. bank deposit rates predicted slower stablecoin growth, cutting tenweek growth from 15% to 12%.…
It was another great week for the average stock as market leadership shifts away from tech
The S&P 500’s tech sector just had its worst week in a year and a half, while an equalweighted version of the index cemented a secondstraight weekly advance.…
Fed interest-rate decision this month is a closer call than markets think
Here are some of the arguments against a Fed rate hike — and why some economists disagree with them. Source：MarketWatch
Circle’s Allaire says stablecoin issuer looking to enter 40 developing markets: Report
Markets in Southeast Asia, Latin America, Africa and the Middle East see increasing demand for stablecoins. Source：Cointelegraph
Lagarde says euro-area economy is resilient, digital euro imminent
“The digital euro will further stimulate innovation and competition in retail payments,” according to the ECB president. Source：Cointelegraph
Bitget to discontinue services for some users in one-off exercise
Bitget says user funds are safe and exchange will continue to operate during the change. Source：Cointelegraph
‘Wow, it’s a real discovery’: Claude cracks a 25-year NSA number mystery
Numbers the spy agency handed over in the 1990s, long suspected of hiding a backdoor, turn out to have come from a basic computer program. Bitcoin was never on…
Satoshi-era bitcoin faces a bigger quantum threat after Google’s new Willow breakthrough
Google says its Willow chip can prepare the special quantum states needed for advanced calculations with about 40 times fewer errors, reducing one of the…
Nowhere to hide: Tech selloff hits software and chip stocks alike
The software and semiconductor sectors haven’t been trading in tandem much this year, but they collectively fell Friday as AI and interestrate fears hit the…
This Senate race where data centers are a crucial issue has more spending than any other midterm clash
Money is pouring in and funding intense, negative ads: “It’s everywhere, and you can’t escape it.” Source：MarketWatch
The bond market shrugged off two inflation shocks. Why stock investors should pay attention.
Hot CPI and PPI data should have pushed Treasury yields higher. Instead, bond buyers stepped in to suggest yields have risen high enough to become attractive…
Don’t buy this dip: Several signs suggest there’s more pain ahead for tech stocks
Thinking of buying the dip in technology stocks? The Nasdaq Composite’s technical outlook suggests don’t do it — at least not yet. Source：MarketWatch