Kraken adds S&P 500 to funded trading program, commodities to follow
Kraken’s funded trading program adds roundtheclock exposure to the US equity benchmark as it builds out its multiasset offering. Source:Cointelegraph
Now China wants to become the shop floor for the Muslim world
Chinese exporters are moving into halal food, cosmetics and fashion, but success in this vast market depends on something harder to manufacture than cheap…
Alphabet’s stock slips as Nvidia’s $500 billion financing deal threatens custom chips
Investors are concerned that Alphabet faces a fresh threat from Nvidia’s plans to help fund the AI buildout alongside major Wall Street players.…
SpaceX’s stock is getting a Grok-fueled boost
The company is best known for rocket launches but has big revenue goals for its AI business. Source:MarketWatch
Goldman Sachs leaps into bitcoin income ETFs with $2.25 billion NEOS buyout
The $2.25 billion deal expands Goldman’s derivative platform to $130 billion in total ETF assets, taking direct aim at BlackRock's rival BITA fund, according…
Wintermute plans $1 billion AI push beyond crypto: Bloomberg
The firm aims for noncrypto markets to drive over 50% of revenue by 2027, up from 10% currently, as it seeks to diversify its business. Source:CoinDesk
Solana platform taps prediction market Kalshi for Wall Street-style high-speed data feed
Solanabased DoubleZero looks to meet institutional demands by adding prediction market Kalshi’s order book to its lowlatency market data feed. Source:CoinDesk
Nvidia, Intel, Google: Wall Street is partying like it’s 1999
The signs are all around that Wall Street is back in that dangerous atmosphere of giddy euphoria that those with long memories will remember from the infamous…
Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%
Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over $63,000 failing as support.…
Miden bets on privacy stablecoins with introduction of USDCx
USDCx will let users transact without publicly exposing balances, counterparties or transaction histories, while allowing selective disclosure for compliance.…
Social Security recipients will get more money next year. Here’s how much benefits may rise.
Social Security’s costofliving adjustment could be as much as 3.6% in 2027. Source:MarketWatch
Nebius adds to the excitement around neocloud stocks with upbeat earnings of its own
Investors are reacting positively to earnings results and demand signals from neocloud companies CoreWeave and Nebius. Source:MarketWatch