Bitcoin ETFs shed $450 million as Clarity Act fails
U.S. spot bitcoin ETFs shed $450 million, the most since June, as the Senate's failure to advance the Clarity Act sent regulatorysensitive tokens sharply…
5% Treasury yields mean America’s debt bill just got a lot bigger
Treasury yields haven’t been this high in years — and the fiscal math gets uglier the longer they stay there. Source:MarketWatch
Circle debuts Arc blockchain which Jeremy Allaire calls ‘more consequential’ than USDC
The USDC issuer's chain is built for payments, tokenized assets and institutional finance as banks and payment giants pile into the stablecoin market.…
Bitcoin's Coinbase premium sinks to one-month low, here’s why
Weakening U.S. demand, a setback for the Clarity act and expectations of a fed rate hike weigh on bitcoin. Source:CoinDesk
This BlackRock strategist opposes a Fed hike. Here are the funds she recommends.
Gargi Pal Chaudhuri, of BlackRock, recommends investors stay invested in the artificialintelligence sector but broaden into themes like quality and healthcare.…
‘I am drowning in debt’: I have $125,000 in credit-card debt. Will $9,000 in disability income affect my bankruptcy?
“I racked up this debt to cover my living expenses for two years without an income stream.” Source:MarketWatch
What history says about longer-term bond yields after the first Fed hike
If the Federal Reserve hikes interest rates in an effort to slow down the rapid rise in longerterm yields, history shows it probably won’t be a success.…
Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine
An aggressive market expectations trap and a strict aversion to forward guidance have backed the Fed chair into a corner, where failing to deliver a hawkish…
XRP sinks 10% as the Clarity Act fails and bitcoin slides toward $76,000
The Senate's 4950 procedural vote left the crypto market structure bill 11 short of what it needed, and every major token fell. Source:CoinDesk
There were many conductors in the derailment of the crypto industry's Clarity Act
Last minute, behindthescenes disputes locked in a dismal showing for the market structure legislation the industry pinned its greatest hopes on. Source:CoinDesk
These 4 stocks could benefit most from a $3.2 trillion semiconductor opportunity
A BofA analyst expects the semiconductor market to reach $3.2 trillion by the end of the decade, shrugging off fears of an AI slowdown. Source:MarketWatch
Inflation killed the penny. Now it’s coming for your dollar.
Congress congratulated itself for solving the penny problem, but what about the source of the problem — inflation? Source:MarketWatch