U.S. CBDC Ban Takes Effect Amid Housing Law Controversy
A new housing law banning the U.S. government digital dollar will take effect tonight, despite President Trump's refusal to sign the bipartisan bill.
A new housing law banning the U.S. government digital dollar will take effect tonight, despite President Trump's refusal to sign the bipartisan bill.
The Nasdaq composite index experiences a slight decline as SK Hynix officially begins trading, reflecting market reactions to the semiconductor sector.
SK Hynix's record $26.5 billion debut on Nasdaq highlights the ongoing strength of the AI chip market, signaling robust demand in the sector.
Stablecoins are finding specialized roles as regulations evolve, with notable developments from Strategy's Bitcoin sale and Vanguard's tokenization efforts.
Bitcoin's rise towards $64,000 is fueled by whale activity and insights from Bitcoin Suisse, indicating potential shifts in market conditions despite ETF
Ethereum is recovering from recent lows, with improved momentum and stabilizing on-chain activity, though it still faces significant resistance levels.
South Korea's super-app Toss is set to pilot a won stablecoin on the OP Stack, marking it as the fourth regulated financial institution to adopt this
Hyundai becomes the first major South Korean firm to implement internal stablecoin transfers, enhancing efficiency in international operations.
A judge permits Terraform to utilize evidence from the Jump lawsuit in its $4 billion case, while rejecting four late creditor claims, leaving payouts
Former Fed governor Warsh argues that the $700 billion AI investment could reduce prices, while peers caution it may lead to ongoing inflationary pressures.
Two Vanguard ETFs are currently outperforming the S&P 500 by utilizing a momentum-driven investment strategy, highlighting their strong market performance.
Investors are closely monitoring SK Hynix and ongoing tensions in the Middle East as Wall Street and oil prices remain stable.
Jim Cramer emphasizes the need for analysts to raise their forecasts for SK Hynix, highlighting its significance for the upcoming Nasdaq IPO.
Bitcoin's price increase to $64,000 is attributed to US whales pushing the Coinbase Premium above a significant trend line, according to CryptoQuant analysis.
Bitcoin has reclaimed the $64,000 mark, while Ethereum stabilizes at $1,800 and XRP holds above $1.10 amid ongoing geopolitical tensions.
A chief investment strategist notes that nearly 3% of GDP is being allocated to AI, as markets overlook global conflicts amid significant investments.
Remittix expands its offerings by introducing a perpetual futures platform, signaling a strategic shift beyond traditional crypto payments for RTX.
The upcoming July 18 deadline under the GENIUS Act compels regulators to clarify which stablecoin issuers can operate within the US framework.
Vanguard analysts argue that the market might be underestimating inflation risks, which could have significant implications for investment strategies.
Marc Andreessen of a16z has been appointed to co-lead a Federal Reserve task force focused on AI's impact on productivity and jobs under Kevin Warsh.