Robinhood Chain fees collapse 97% even as transactions stay near record highs
Sevenday average fees fell 82% while transaction counts slipped 6%, with about $1.5 billion a day still changing hands. Source:CoinDesk
AI leaders want to ‘pace the frontier’ as part of a safety slowdown. But how?
Tech giants are attempting to unite on AI safety, but they’re clashing over how an actual slowdown would work Source:MarketWatch
Hong Kong jails former banker over $1.6B false credit, cryptocurrency bribes: Report
Former banking official gets four years in prison over false letters of credit and accepting $470,000 in cryptocurrency bribes. Source:Cointelegraph
Amazon, Palantir and 12 more top tech stock picks from UBS analysts
The AI datacenter buildout is still early, and UBS says investors can cash in through investments across the technology, media and telecommunications sectors.…
Stocks are failing the ‘breadth’ test, but options traders still see reason to buy
An options volatility tracker has produced a “spike peak” buy signal for stocks for the first time in months, at a time that internal market indicators are…
Most of what you know about data centers is wrong
As AI hysteria reaches a fever pitch, it’s time to look at the evidence. Source:MarketWatch
Coinbase files to bring single-stock perpetual futures to US market
Coinbase wants to bring 24/5 perpetual futures trading to individual US stocks, with its proposed contracts now awaiting regulatory approval.…
Two signs investors don’t have to fear an AI slowdown
Neocloud companies CoreWeave and Nebius are signaling strong demand and rising prices for AI chips. Source:MarketWatch
Netflix is too focused on podcasts and not enough on good shows, analysts say
“We see breakout hits as a must for the stock to work again,” Wells Fargo analysts said as they cut their rating on shares of the streaming platform.…
These fast-growing ETFs aim for yields as high as 17.5%. But here’s the catch.
Socalled autocallable ETFs pay coupons like bonds but are linked to equity risk. Source:MarketWatch
CFTC submits crypto market regulation plan for White House review
The US commodities regulator submitted a new crypto market regulatory action for White House review days after the Senate failed to advance the CLARITY Act.…
Bitcoin hits $81K as US bond yields rebound on global oil woes
Bitcoin price action made swift gains at the start of Friday’s Wall Street trading session as US 30year bond yields began rising again. Source:Cointelegraph