Investors have made big bets on tech stocks. Why one strategist just downgraded the sector.
Slowing flows into tech stocks as valuations deteriorate has one strategist lowering the firm’s rating on tech stocks. Source：MarketWatch
Live updates: Bitcoin tumbles from near $84,000 ahead of U.S. inflation data
A brief run at $84,000 faded within the hour as tech stocks stalled and the chip selloff rolled on. Traders are waiting on the September CPI print.…
‘I earn $110,000 a year’: I lost my home in the Great Recession. I’m renting in my 50s. Why is that judged as failure?
“I lost my job and eventually my home — and it’s still hard.” Source：MarketWatch
‘Sopranos’ star Steven Van Zandt is selling his Greenwich Village penthouse for $19 million
Musician and actor Steven Van Zandt is ready to part with his Greenwich Village penthouse, hiking the price up by $4 million after initially listing it in June…
Proposed French tax on regulated stablecoins could drive crypto traders offshore
Chainalysis CEO in France Francois Volpoet warned the proposed 31.4% tax on regulated stablecoins could push traders toward unmonitored offshore channels.…
Chip bellwether ASML says customers are already asking to place orders — for 2030
The Dutch supplier for the semiconductor industry said there is strong interest in placing orders for 2029 and 2030. Source：MarketWatch
Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE clients
The bank manages custody and settlement inhouse via a closedloop model, removing the need for separate crypto wallets. Source：CoinDesk
Coinbase, which holds 5% of all bitcoin, wants the quantum fix started now
Coinbase says bitcoin should start preparing for quantum computers now, with flexible addresses, a backup quantumproof key and a separate debate over lost…
Starknet introduces wallet privacy feature for DeFi activity
Starknet’s Shadow Accounts allow users to obscure connections between their main wallets and DeFi activity, though transactions remain visible onchain.…
Fed’s Williams sees AI supply squeeze lasting beyond 2 years
New York Fed President John Williams’ comments came as he reaffirmed his view that the US Federal Reserve may need to raise interest rates once more this year.…
Ripple adds Stripe-owned wallets to XRP Ledger as AI payments pass 14 million
The integration will let software pay for online services using XRP and RLUSD, while questions remain about how much real economic activity the transactions…
Solana sets Oct. 21 for Alpenglow upgrade targeting 150-millisecond finality
The switch will replace Solana’s existing validator voting system, remove vote transactions from blocks and could sharply change headline transaction counts…