Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official
A Bank of England policy maker said digital dollars could expand access to the US currency while turning stablecoin issuers into bigger buyers of government…
Binance adds 11 US-listed ETFs to wealth management offering
The crypto exchange is expanding its traditional finance offerings with 11 USlisted exchangetraded funds focused on US Treasurys and investmentgrade bonds.…
AI stocks are rebounding. One analyst says there’s no spending slowdown in sight.
Customers are signing multiyear deals for chips and more: “That’s not what the front end of a downturn looks like.” Source:MarketWatch
Institutional investors are dangerously overinvested in stocks
Why isn’t the big money more fearful? Source:MarketWatch
Medicare is using AI to approve claims. The result has been ‘alarmingly high denial rates.’
A pilot program using artificial intelligence to approve care for Medicare beneficiaries has resulted in high levels of denials and delayed decisions and…
Classic budgeting rules don’t work anymore — even if your household makes $100,000. Here’s what does.
Spending guidelines designed to put diligent consumers in a solid financial position may not set them up to succeed in today’s economy. Source:MarketWatch
Standard Chartered predicts Arbitrum's ARB to rise 70-fold to $10, citing Robinhood Chain revenue
The bank expects tokenization to make Arbitrum a favored network for traditional finance, even though ARB holders currently have no direct claim on the fees.…
Wells Fargo just cut its S&P 500 price target. Will others follow?
In what may be a first since the early days of the war between the U.S. and Iran, a Wall Street firm is lowering rather than raising its S&P 500 yearend…
An AI bubble is no longer Wall Street’s biggest fear. This market risk just took its place.
Global fund managers are more worried about a “disorderly rise” in bond yields than a bubble for AI, says Bank of America’s latest survey. Source:MarketWatch
To ensure permanent economic innovation, we must pass the Clarity Act now
Congress needs 60 Senators willing to put innovation first and provide critical relief to the digital asset industry, argues Rep. Shri Thanedar (DMich.)…
Velocity extends Series A to $48M at $200M valuation with backing from Visa, Circle, and Ripple
The investment brings Velocity's Series A round to $48 million and values the Londonbased payments infrastructure firm at $200 million, CEO Eric Queathem said.…
How a simple coding mistake let a hacker drain $7.8 million from a crypto wallet
Security firms traced the $7.8 million loss to a helper contract the wallet owner had authorized, not to Safe itself. Source:CoinDesk