Rushed CLARITY Act vote could set legislation back, Gallego warns
Gallego said the White House has not provided pointbypoint feedback on a bipartisan ethics proposal as a September vote approaches. Source:Cointelegraph
Ether jumps 18% to $2,250 as bitcoin tops $69,000 in broad crypto rally
Every major except tron posted doubledigit weekly gains, with nearly $1.4 billion of short positions wiped out after the Treasury doubled its bond buybacks.…
ServiceNow’s stock leads a software rally. Here’s what’s energizing investors.
There’s growing confidence in the idea that traditional software companies will be able to withstand AI disruption. Source:MarketWatch
HYPE jumps 11% as Trump says CFTC is working to bring Hyperliquid to U.S.
During a White House meeting Wednesday, President Donald Trump said CFTC Chair Mike Selig is working to bring the perpetual futures platform into the U.S.…
Crypto PAC notches primary wins, but loses $2M Florida race
A Fairshake spokesperson said that the PAC was “just getting started“ on its expenditures as part of efforts to fill US Congress with lawmakers friendly to the…
Gen Z used to embrace AI. Now most young adults fear it will steal their jobs.
As new college grads face elevated rates of unemployment, concern about AI’s impact on jobs is spiking among young Americans. Source:MarketWatch
Fed minutes reveal growing support for rate hikes
The minutes make clear that Federal Reserve officials remained divided over the inflation outlook. Source:MarketWatch
Crypto campaign fund Fairshake faces $2 million setback in Florida primaries
In a race that drew criticism to crypto's leading political action committee for featuring fake headlines in ads, Fairshake's expensive effort fell short.…
Apple’s stock could be the savviest buy within Big Tech, according to this analysis
While other “Magnificent Seven” companies spend big on AI, Apple’s more conservative strategy has turned the stock into a valuable portfolio hedge against…
StanChart, HSBC execute first live transaction on Swift blockchain ledger
The transaction connected the banks’ separate tokenized deposit systems through Swift’s ledger, marking a step toward interoperable, 24/7 crossborder payments.…
Standard Chartered analyst eyes $100K BTC as US Treasury doubles long-end buybacks
Bitcoin’s rebound toward $69,000 is gaining momentum as Geoff Kendrick points to improving liquidity conditions and a potential cycle bottom.…
US commodities regulator imposes 5-year trading ban on ex-Alameda, FTX execs
The consent orders ended the CFTC’s case against two former crypto executives after FTX and Alameda agreed to $12.7 billion in disgorgement and restitution…