Something shifted in markets on Wednesday morning — and it wasn’t just a routine pullback. Wall Street futures declined ahead of one of the most closely watched earnings days of the season, with Alphabet and Tesla both set to report after the closing bell. The technology sector’s strong momentum from the prior session stalled almost
A joint proof-of-concept for a won-denominated stablecoin has been successfully completed by South Korea’s Credit Finance Association and nine major card companies, marking a significant step toward integrating digital currencies with the country’s established payment infrastructure. Stablecoin Test Confirms Technical Viability The test, finalized on July 22, involved Samsung, Shinhan, KB Kookmin, Hyundai, Lotte, Hana,
Wall Street analysts are trying to rescue Elon Musk’s floundering IPO, SpaceX after the stock erased $1.1 trillion of market capitalization in five weeks. Almost every Wall Street analyst has a price target (PT) higher than the stock price, with reiterations and upgraded forecasts arriving by the day, and all 12 IPO underwriters whose analysts
Bank of America’s decision to reorganize leadership around digital assets isn’t happening in isolation. Instead, it reflects a broader trend across the United States, where the country has quietly built a commanding lead in nearly every measure of Bitcoin adoption. A Bank Moves Deeper Into Crypto Internal memos reported by Reuters on July 17 revealed
Prediction market platform Kalshi rolled out its U.S. “Midterms Hub” as it seeks to position itself as the primary reference for election odds in the U.S The new hub will allow users to observe the outcomes speculators expect in individual U.S. Senate and House of Representatives as the country heads to elections in November, Kalshi
Hut 8, a company that has strategically repositioned itself from a Bitcoin mining operation to an artificial intelligence infrastructure provider, has seen its stock price surge dramatically in 2025. According to data from TradingView, as reported by BeInCrypto, Hut 8 shares rose from $44 to $133 at their peak this year, representing a gain of
S&P Dow Jones Indices and Pantera Capital have launched the S&P Pantera Digital Asset Index, a new benchmark that selects digital assets using revenue, market size and liquidity measures. The firms announced the product on July 21, while S&P index materials list July 20 as its official launch date. The index currently holds 18 digital
Tech entrepreneur Jack Dorsey has announced a new group chat platform aimed at reducing teams’ reliance on platforms like Slack, in the Bitcoin maxi’s latest push for decentralization. The Block co-founder wrote Tuesday on X that the new app, named Buzz, was “for teams of people and agents of all sizes” and “model-agnostic, decentralized, self-sovereign,