The bond market shrugged off two inflation shocks. Why stock investors should pay attention.
Hot CPI and PPI data should have pushed Treasury yields higher. Instead, bond buyers stepped in to suggest yields have risen high enough to become attractive…
Elon Musk may have just taken a major step toward consolidating his empire
Tesla’s newly unveiled flying sports car, which features SpaceX rocket thrusters, could help Musk push for a merger between his two biggest companies, analysts…
White House crypto council chief Patrick Witt steps down
Witt’s departure leaves a leadership gap at the White House Crypto Council and marks the fourth highprofile exit from the advisory group. Source：Cointelegraph
Trezor reduces resellers as a ‘preventative step’ amid Ledger tampering reports
CCO Danny Sanders said he had notified certain hardware wallet resellers that they would be removed from Trezor’s list of authorized entities starting Jan. 1.…
Bitcoin keeps up pressure on $84K as US stocks skirt Korea tech sell-off
Bitcoin price action preserved overnight gains as US stocks quickly rebounded after opening lower on the back of Korea’s techstock rout. Source：Cointelegraph
South Korea blocks 27 crypto exchanges, including Bitmart and Kucoin
The country’s regulators are stepping up their earlier restrictions on mobile apps to websites, targeting unregistered exchanges before investors report…
Meta launches Muse Wonder AI models, challenging top rivals
Meta cofounder Mark Zuckerberg said its newest models are a step toward “personal superintelligence.” Source：Cointelegraph
After a 33% gain in the first half, this fund manager grew tired of the AI trade. Here’s where he’s looking now.
Bill Hench, of First Eagle, stepped away from the artificialintelligence trade with smallcapitalization bets on a recovery of the U.S. housing construction…
Down but not out. Bitcoin's stair-step bullish trajectory is still intact
Bitcoin dipped to around $84,200 on Wednesday but stayed inside its recent range, keeping the broader bullish stairstep trajectory intact. Source：CoinDesk
SEC Seeks Final Judgment Against Former Western Asset Co-CIO Ken Leech in Cherry Picking Case
The Securities and Exchange Commission today moved for entry of a final judgment by consent against Stephen Kenneth Leech II, the former cochief investment…
BlackRock offers a glimpse of how tokenization may change your investment portfolio
Tokenization is not just about putting individual stocks and funds onchain. The next step could be entire investment portfolios that can be traded, rebalanced…
Community banks sue OCC over trust bank charters of crypto firms
Community banking group’s lawsuit claims OCC has overstepped its mandate from Congress. Source：Cointelegraph