PayPal’s stock sinks as suitors reportedly walk away from their takeover bid
Reports of a takeover offer have propped up PayPal’s stock in recent months, but now the company may have to execute a turnaround on its own. Source:MarketWatch
Circle's USDC takes over Chelsea's jersey in Premier League first sponsorship deal
Financials were not disclosed, though reports from earlier this year suggested Chelsea was targeting 65 million pounds a year ($88.3 million) for the…
Bullish backs USD.AI with $100 million in financing to drive GPU-backed loans
Cryptocurrency platform Bullish is extending a $100 million debt facility to USD.AI to finance GPUbacked loans for artificial intelligence infrastructure.…
Bitcoin hits highest level in 3 months before pulling back as altcoins consolidate
BTC briefly touched $81,455 overnight, its highest since May 15 as Nasdaq futures slipped and gold extended gains heading into the weekend. Source:CoinDesk
Truckers are finally making real money again, and AI is a big reason why
Datacenter construction is one of the factors behind a trucking boom that has pulled the industry out of a freight recession. Source:MarketWatch
Is Anthropic worth $2 trillion? Here’s how the company is trading in a new tokenized market.
Not all fund managers are convinced by the valuation but perpetual futures are already pricing Anthropic Source:MarketWatch
Visa doubles down on South Korea with Upbit operator Dunamu on stablecoin payments
Following a deal with Shinhan Financial, the global payments giant is widening its footprint in Asia’s major crypto hub through South Korea's largest exchange.…
Should I use my financial institution’s free advisers or hire an independent?
Buyer beware: There’s no shortcut for getting proper financial advice. Source:MarketWatch
On the six-month anniversary of the Iran war, divisions appear on Wall Street over the trajectory for oil prices
Oil supply has been rising out of the Gulf, but strategists at RBC Capital Markets warn of a lot more hurdles facing the market. Source:MarketWatch
ENA token rises 10% as Ethena puts revenue-funded token buybacks to vote
The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue into ENA…
BitGo buys NYDIG trading arm to deepen institutional crypto push
BitGo completed its acquisition of NYDIG’s institutional trading business, adding about 30 employees and expanding its derivatives and financing capabilities.…
My contractor handed my $42,000 pool upgrade to a subcontractor I had already rejected. What can I do?
“I specifically rejected Contractor A because of his reputation and chose Contractor B because of his reputation.” Source:MarketWatch