It’s the strangest job market the U.S. has ever seen. The low-hire, low-fire economy turns 3 years old.
America has always been a jobcreating machine. It has broken down for three straight years, and the implications could be with us for a long time.…
EU investors rank crypto above retirement plans for lasting wealth creation: OKX survey
European investors ranked crypto above retirement plans for lasting wealth creation, while prior surveys show US investors are skeptical on crypto’s role in…
Coinbase seeks Brazil crypto license, expects no service disruption
Coinbase has applied for authorization ahead of Brazil’s Oct. 30 deadline and says it expects to maintain existing services while regulators review its…
Bitcoin lending and yield could drive next wave of institutional demand, Rootstock says
A new report argues that putting institutional Bitcoin holdings to work through lending, collateral and financing could create demand beyond its storeofvalue…
You can’t rely on the S&P 500 as much as you may think
The index’s weakness may surprise a generation of investors raised on the cult of “stocks always go up.” Source：MarketWatch
Lilly raises outlook for third time this year as Zepbound sales soar
The GLP1 drug continues to dominate the market for prescription weightloss drugs in the U.S. Source：MarketWatch
Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump
Bitcoin fell 1.4% since midnight UTC to around $80,100 as disappointing reports from Samsung and Alphabet weighed on tech stocks. The Fed’s preferred inflation…
NYSE owner takes steps to bring Hyperliquid perpetual futures to U.S.
The planned ICE[XYZ] venue would offer 24/7 perpetual futures on stocks, commodities and crypto, pending CFTC approval. ICE is investing in Trade[XYZ].…
Medicare used AI to pre-approve patient care, and it immediately led to a large drop in medical services
Medicare is testing the use of AI to conduct prior authorizations to target wasteful medical spending Source：MarketWatch
Cathie Wood’s ARK buys the dip on Robinhood in its largest purchase in 6 months after 23% slump
HOOD fell 3.3% on Wednesday, broadening its onemonth decline to more than 23%. Source：CoinDesk
Solana wallet Solflare pledges to pay missed rewards on staked $160 million after validator goes offline
About 1.56 million SOL sat on a validator that stopped earning, and the wallet still hasn’t named the firm that held its keys. Source：CoinDesk
Live updates: Bitcoin clings to $80,000 as Strategy’s cushion thins before earnings
Bitcoin slipped nearly 2% ahead of Strategy’s thirdquarter results, and the largest corporate holder’s coins are now worth only about 6% more than it paid for…