AMD has two big engines roaring as it heads into earnings
AMD has been boosted by robust server demand. Now analysts are looking ahead to the ramp of its new rackscale offering. Source:MarketWatch
BlackRock launches tokenized money market funds for stablecoin reserves
The asset manager introduced two blockchainbased money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.…
Trump-linked American Bitcoin president Matt Prusak departs for Giga Energy
The executive is leaving the Eric Trumpbacked miner to join an AI power infrastructure firm, highlighting the shift toward energy and data center buildout.…
US hints at more yen intervention: Five things to know in Bitcoin this week
The US and Japan coordinate on the yen for the first time since 2011 as Bitcoin traders brace for a historically rough August. Source:Cointelegraph
Circle slides after Morgan Stanley downgrade, cut in price target
The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings. Source:CoinDesk
BlackRock expands tokenized cash with new blockchain-based money market offerings
Both funds intend to qualify as eligible reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act. Source:CoinDesk
Tom Lee's Bitmine bought more ether, added to stock buyback last week
Chairman Tom Lee said ether's outperformance versus the Nasdaq in July signals strengthening crypto fundamentals. Source:CoinDesk
Strategy sold another $105 million of bitcoin last week, repurchased $81.2 million of STRC
The company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock. Source:CoinDesk
CLARITY Act failure could send crypto valuations lower: Bernstein
Bernstein said Congress’s failure to pass the CLARITY Act’s could trigger another leg down for crypto valuations and accelerate policy support from US…
SpaceX’s first-ever earnings report is a big deal — but not because of the numbers
Investors will be more focused on Elon Musk’s commentary and the potential for added stock volatility. Source:MarketWatch
Trumps’ American Bitcoin reports record BTC output, narrower Q2 loss
Trumplinked Bitcoin miner produced a record 932 BTC in the second quarter, lifting mining revenue 8% as its net loss narrowed from the previous quarter.…
The gap between big tech and the rest of the market just vanished. Here’s what it means for investors.
Goldman Sachs says hot technology stocks have taken a beating — and investors should take a fresh look. Source:MarketWatch