Nasdaq-100 is on the edge of correction territory as semiconductor stocks take another beating
Just weeks after driving major indexes such as the S&P 500 and Nasdaq Composite to record highs, semiconductor stocks are taking a beating once again.…
Ondo drops tokenized asset blockchain plans for private, high-speed trading network
The new network powers Ondo's recentlylaunched perpetual futures platform and will eventually support trading across onchain financial assets. Source:CoinDesk
The U.S. will import Mexican cattle again. Here’s what that means for high beef prices.
The U.S. Agriculture Department will allow cattle imports from Mexico to resume beginning in late August, despite the threat of the New World screwworm.…
Galaxy, MARA Holdings deepen Texas expansion with land acquisitions
The cryptofocused companies announced separate acquisitions as demand for powerintensive AI and digital infrastructure continues to grow. Source:Cointelegraph
Bitcoin lows pierce $63K as Asia chip-stock crash spreads to Wall Street
Bitcoin and crypto dropped as contagion from a major Asia stockmarket correction spreads to the US at the Wall Street open. Source:Cointelegraph
Kraken opens Jersey Mike’s IPO to retail investors through tokenized shares and direct allocations
Eligible US users can request IPO allocations, while customers in more than 110 countries gain access to tokenized Jersey Mike’s shares backed 1:1 by the…
Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates
Core Scientific reported strong secondquarter revenue growth as AI colocation became its largest business, though a noncash accounting charge resulted in a…
Russia outlines new digital depository rules ahead of fall crypto framework roll-out
The central bank's draft rules require digital asset platforms to hold up to $2.8 million in liquid capital as a sweeping regulatory framework looms.…
How coordinating 401(k) contributions with your spouse can unlock thousands in retirement wealth
There are financial challenges that come with being in a couple, but one of the greatest may be simply talking about money. Source:MarketWatch
Markets eye Bank of Japan meeting on Friday as yen repeats 40-year US dollar lows
Analysis warned of a repeat of the 2024 yen carrytrade unwind that pressured crypto markets ahead of the next Bank of Japan interestrate meeting.…
Apple is now letting you lease an iPhone like a car. Here’s what to know.
The program represents a historic shift in how the company sells its consumer electronics — just as consumers are worried about high prices. Source:MarketWatch
Core Scientific lands AMD AI deal as bitcoin mining operation winds down
The agreement accelerates Core Scientific’s pivot from bitcoin mining toward AI data centers, following the termination of its ASIC agreement with Block.…