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News
Inside Wall Street's Bitcoin ETF Boom: How Institutions Are Redefining Crypto Demand
23+ min ago (401+ words) Wall Street’s growing appetite for Bitcoin ETFs is reshaping how institutions approach digital assets. Since January 2024, major financial firms have shifted from cautious observers to active buyers. Regulated ETF structures now let banks, pension funds, and asset managers gain exposure…...
Wall Street Asset Managers Back Crypto CLARITY Act as Senate Deadline Nears
13+ min ago (454+ words) A viral post from Crypto Rover has renewed attention on the Digital Asset Market Clarity Act as the Senate approaches a critical deadline. The post linked BlackRock, Charles Schwab, Fidelity, Goldman Sachs, and Grayscale, placing their combined assets near $50 trillion....
Russia's Largest Bank Sberbank Plans to Build Crypto Custody System by Dec. 1
55+ min ago (452+ words) Russia’s largest bank Sberbank plans crypto trading infrastructure ahead of a Dec. 1 launch date. The lender aims to roll out a digital depository supporting regulated trading, custody and settlement. Most transactions will process off the underlying blockchain, Interfax reported. Sberbank…...
JPMorgan CEO Jamie Dimon Avoids Long-Dated Treasuries Amid Rising Debt Concerns
1+ hour, 13+ min ago (410+ words) JPMorgan CEO Jamie Dimon said he would not invest in long-dated U.S. Treasuries or the S&P 500 at current levels. Dimon shared this stance during a July 21 interview with The Master Investor Podcast. He cited persistently high fiscal deficits and elevated…...
Robinhood Eyes Crypto.com Deal as Prediction-Market Race Heats Up
1+ hour ago (558+ words) Robinhood Markets is exploring an agreement that could place Crypto.com event contracts inside its app, expanding its fast-growing prediction-market business. However, the preliminary discussions, first reported by The Wall Street Journal, have not produced a deal, and either company…...
Clarity Act Faces Senate Resistance Over Trump Crypto Profits
10+ hour, 30+ min ago (609+ words) The Clarity Act faces a new Senate roadblock as Donald Trump’s family crypto interests intensify an ethics dispute. Bloomberg reports that Democrats want stronger limits before supporting the digital asset bill. They argue the current proposal may let Trump and…...
Federal Reserve Rate Hike Bets Surge as Oil Crosses $100 Mark
12+ hour, 15+ min ago (591+ words) Investors have sharply increased bets on a Federal Reserve rate hike after Brent crude briefly moved above $100 a barrel. The surge followed renewed supply fears linked to the Iran conflict and shipping risks across key Middle East routes. Futures markets…...
Anthropic Cuts AI Pricing in Half With Claude Opus 5 Launch Amid IPO Push
12+ hour, 57+ min ago (455+ words) On Friday, Anthropic unveiled Claude Opus 5, positioning it as the company’s highest-performing model in its most economical package yet. According to the firm, this latest release surpasses Fable 5 in both programming tasks and knowledge-intensive applications. Introducing Claude Opus 5. — Claude (@claudeai)…...
Tech Selloff Continues: Nasdaq Drops Again Amid AI Investment Worries and Trade Tensions
13+ hour, 4+ min ago (360+ words) Wall Street wrapped up a chaotic trading week Friday with divergent performance across major indexes, as equities fought to regain footing following Thursday’s steep downturn. The Dow Jones Industrial Average finished the session higher by 235 points, representing a roughly 0.5% advance....
Triple-A Crypto Payment Provider Hit by $9.7M Multi-Blockchain Security Breach
13+ hour, 25+ min ago (378+ words) ⚠️ALERT: Triple-A wallets are under an apparent active exploit with over $9.7M drained. Onchain analyst Specter has flagged suspicious outflows from Triple-A hot wallets across TRON, Ethereum, Polygon, and Arbitrum, with the stolen assets consolidated into 5,227 ETH. — Coin Bureau (@coinbureau) July…...