Bessent’s top crypto adviser Tyler Williams exits US Treasury: Report
A key architect of the Trump administration’s digital asset agenda is leaving the Treasury Department as Congress struggles to advance landmark crypto…
FalconX cuts 10% of workforce amid prolonged crypto market slump: Report
According to Bloomberg, the digital asset prime broker is refocusing its Singapore strategy and withdrawing its local license application as crypto companies…
Microsoft’s stock is on a run not seen in 26 years — erasing its year-to-date losses
The rally in Microsoft shares “has legs” because its capital spending is showing a payoff. Source:MarketWatch
Cyclospora outbreak is linked to two deaths in Michigan as case counts continue to rise
It’s rare for cyclosporiasis to cause death. These are the first deaths associated with the largestever cyclospora outbreak in the U.S. Source:MarketWatch
If I buy a house for $1 million in cash at 70, will I run out of money by 90?
Buying a house late in life means you might not reach the breakeven point that would make it better financially than renting. Source:MarketWatch
AMD has two big engines roaring as it heads into earnings
AMD has been boosted by robust server demand. Now analysts are looking ahead to the ramp of its new rackscale offering. Source:MarketWatch
BlackRock launches tokenized money market funds for stablecoin reserves
The asset manager introduced two blockchainbased money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.…
Trump-linked American Bitcoin president Matt Prusak departs for Giga Energy
The executive is leaving the Eric Trumpbacked miner to join an AI power infrastructure firm, highlighting the shift toward energy and data center buildout.…
US hints at more yen intervention: Five things to know in Bitcoin this week
The US and Japan coordinate on the yen for the first time since 2011 as Bitcoin traders brace for a historically rough August. Source:Cointelegraph
Circle slides after Morgan Stanley downgrade, cut in price target
The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings. Source:CoinDesk
BlackRock expands tokenized cash with new blockchain-based money market offerings
Both funds intend to qualify as eligible reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act. Source:CoinDesk
Strategy sold another $105 million of bitcoin last week, repurchased $81.2 million of STRC
The company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock. Source:CoinDesk