CoreWeave CRWV shares fell nearly 3% in premarket trading Monday as technology stocks came under pressure from rising global bond yields. The 30-year US Treasury yield topped 5.3% last week, reaching levels not seen in nearly 20 years, while yields in Japan, France and Germany also climbed to multi-year highs. Despite the broader pressure on
A brand-new Polymarket cryptocurrency wallet made a large-scale bet early on August 24 that the highly anticipated CLARITY Act will not pass before the end of 2026. Specifically, the user known as VelvetNova27 bet $818,130 that the legislation will not arrive in the U.S. before December 31. The position was established just before 3 AM
The U.S. Treasury Department is reportedly considering deploying up to $1 trillion from its Treasury General Account (TGA) to finance bond purchases, a move that could inject significant liquidity into financial markets. According to a CNBC report citing unnamed sources, Treasury Secretary Scott Bessent may authorize the drawdown, which would involve using the government’s cash
Gold’s Breakout Above $4,600 Bloomberg analysts noted that gold climbed to a three-month high above $4,620 an ounce as Treasury intervention in the bond market revived fears of a weaker dollar. Spot gold traded between $4,580 and $4,600 through the week, with futures pushing toward $4,650. Image source: Bloomberg.com Saxo Bank commodity strategist Ole Hansen
Banks and financial regulators from Europe, the Middle East and Asia joined a cross regional pilot testing post quantum security for digital asset wallets and blockchain transfers on Aug. 24. The Responsible Fintech Institute convened the project with digital asset custody infrastructure provider Safeheron as its technology partner, according to the official announcement. Bison Bank
Fidelity International has quietly made one of the more telling moves in the gold market this year: according to Bloomberg Markets, the asset manager has doubled its Fidelity gold holdings as concerns mount over where the Federal Reserve is steering monetary policy next. The timing is hard to ignore. Bullion is trading near multi-month highs,
RWA deposits across decentralized lending and trading platforms reached $7.4 billion during the second quarter of 2026, more than tripling from $2.3 billion one year earlier, according to an Aug. 6 CoinShares report produced with Token Terminal. The increase occurred as total DeFi deposits declined approximately 15% between the second quarters of 2025 and 2026.
Nvidia is in talks to make one of its boldest artificial intelligence bets yet, negotiating an investment in Perplexity that would value the AI search startup at more than $30 billion, according to reporting from The Information and confirmed by Reuters. If finalized, the Nvidia investment in Perplexity would mark a sharp jump from where
The European Central Bank (ECB) is defending the privacy design of its planned central bank digital currency (CBDC). In an Aug. 10 interview published Monday, ECB Executive Board member Piero Cipollone said the digital euro’s design would limit the amount of transaction information available to the central bank. “The Eurosystem would not be able to