Five reasons we’re headed for a 10% stock-market correction — or worse
Summer is winding down, and “spooky season” will soon be upon us. That’s just one cause for investor wariness. Source:MarketWatch
FalconX, Ethena bring USDe backing assets into $1B institutional credit facility
The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis…
OCC head promises final GENIUS rules by November
The US banking regulator released a 376‑page proposal in February, calling for public comment on rules to implement the stablecoin bill ahead of its January…
9 stocks to ride the industrial sector’s blazing rally
Industrial stocks have gotten expensive, but here are some with the most attractive growth prospects. Source:MarketWatch
Bitcoin surges above $68,000, liquidating $1.4 billion shorts as Treasury buybacks boost risk appetite
BTC rose about 6% while ether, solana and crypto stocks climbed after the Treasury doubled the size of its bond buybacks. Source:CoinDesk
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…
Bitcoin price hits 11-week high as US Treasury doubles debt buyback size
Bitcoin joined US stocks in a broad rally after the US Treasury announced that it was at least doubling the amount of its debt buyback operations from…
Bitcoin nears key technical breakout that could propel prices to $76,000
Bitcoin is close to forming a pattern that analysts say could signal prices rising to as high as $76,000. Source:CoinDesk
Injective receives SEC transfer agent registration for institutional services arm
Injective’s affiliated entity can now maintain securities ownership records, adding regulated market infrastructure to its growing push into tokenized assets.…
I want to be a snowbird, but I’m not sure my $2 million nest egg can sustain two homes
It’s not the purchase price that’s the biggest obstacle, but rather the continuing costs. Source:MarketWatch
HSBC, Standard Chartered execute first live banking transaction on Swift’s 24/7 ledger
The crossborder transaction is Swift’s first in a pilot project as it tests settlement in its push to remain relevant as stablecoins and tokenized deposits…