A $2 million bet on XRP volatility crosses the tape as prices surge
An options trader opened a large straddle on XRP, betting on wild price swings by Aug. 28. Source:CoinDesk
Bitcoin breaks above 200-day moving average for first time since November
The BTC price reclaimed its 200day moving average for the first time in nine months as its rally gained momentum after the US Treasury expanded its bond…
Binance opens crypto trading to AI agents with user-set controls
Binance’s Agent OS lets AI agents access market data, execute trades and make payments while giving users control over permissions and account access.…
Sports betting to build wealth is becoming the new American dream
More people under 30 are using gambling as a shortcut to buying a home or paying student loans Source:MarketWatch
The bond market is going to burst the stock-market bubble
Rising yields threaten everything, especially overextended equities. Source:MarketWatch
Moderna’s personalized mRNA shot could reshape the fight against skin cancer — but it may also be overhyped
Doctors and patients are excited about the possible breakthrough, but some analysts believe there’s too much hype. Source:MarketWatch
Neocloud stocks like CoreWeave are having a moment — and time’s running out to cash in
The neoclouds are destined to be “cyclical leasing companies,” according to BCA analyst Noah Weisberger, which implies low valuations for the stocks.…
If rising rates were enough to end a bull market, we’d have entered a bear market long ago
The “Fed Model” has turned bearish — how much should you care? Source:MarketWatch
US debt tops $40T stoking debate on what it means for Bitcoin
Analysts say the $40 trillion debt milestone could bolster Bitcoin’s longterm case, even as Treasury yields, dollar strength and liquidity remain key nearterm…
Apple has gotten too predictable. Can its next CEO bring back the element of surprise?
Wall Street is hoping that John Ternus will shift Apple’s AI strategy by spending more, pursuing larger mergers and doubling down on innovation.…
‘Ghost offices’ and long wait times: Social Security workers demand $3 billion and 20,000 hires
“The public is going to have a harder and harder time accessing these benefits,” union official said. Source:MarketWatch
The rise in interest rates hit a ‘raw nerve’ at the White House. Bessent’s plan has analysts on edge.
U.S. Treasury Secretary Scott Bessent has made waves this week with his plan to at least double his department’s buybacks of longerdated Treasury bonds.…