‘We were wrong.’ Why Morgan Stanley changed its tune on the U.S. dollar — and what it expects now.
Rising bond yields and expected Fed rate hikes have wrecked the bank’s forecast for the buck Source:MarketWatch
Altcoins rally across the board as bitcoin consolidates near $84,000
Quant jumped 39% over 24 hours and 93 of 100 CoinDesk 100 constituents rose, with the altcoin season index at its highest in more than three months.…
Bitcoin ETFs have erased a $5.8 billion hole
At one point in July, ETFs were down $5.8 billion in net outflows for the year. Now, that’s turned into $800 million in net inflows. Source:CoinDesk
After capital-markets day flop, Novo strikes licensing deal that sends a Swedish company’s stock soaring
Just days after a capitalmarkets day left investors wondering what’s next for Novo Nordisk, the Danish drug giant struck a licensing deal worth over $1…
The low-key California property portfolio of ‘Wednesday’ star Jenna Ortega
“Wednesday” star Jenna Ortega may be one of Hollywood’s most recognizable young actresses, but when it comes to real estate, she has kept a relatively low…
Akamai stock is surging. A $12 billion Anthropic deal reveals its powerful edge over cloud providers.
Akamai has agreed to supply cloud computing services to Anthropic. Source:MarketWatch
Bitcoin ETF inflows slow to $191M as six-day streak reaches $2.8B
US spot Bitcoin ETFs drew $191 million Thursday as daily inflows slowed for a third day, lifting yeartodate net flows to $787 million. Source:Cointelegraph
Live updates: Bitcoin steadies near $84,000 as the bond selloff pauses
Treasury yields eased from multidecade highs and oil slipped on reports of a phased U.S.Iran deal, with roughly $14 billion in bitcoin options set to expire on…
Bitget's $352 million hack happened via spoofed transfers, not private keys, CEO Gray Chen says
Bitget lost $351.6 million after attackers compromised a wallet backend, spoofed transaction data, Chen said on X. Source:CoinDesk
New York sues Polymarket, alleging it is running an illegal gambling operation
The state wants to block Polymarket from operating without a gambling license and recover allegedly illegal gains. Source:CoinDesk
Crypto exchange Bitget loses $352 million in hack, claims user funds are 'safe'
Bitget CEO Gracy Chen announced the hack shortly after independent researchers flagged unusual wallet movements. Source:CoinDesk
Why investors aren’t buying yet another attempt by the Treasury to calm the rattled bond market
Backtoback weak auctions for Treasury notes show that government repurchases haven’t spurred demand for bonds. Source:MarketWatch