Wall Street and bitcoin markets have been swapping scripts this week. The S&P 500 has fallen for three consecutive sessions since Thursday’s record close, pressured by a 30-year Treasury yield at 5.31 percent, its highest level since 2007, and by Brent crude near $91 as the United States and Iran allow their negotiating window to
Strive director Pierre Rochard has purchased 15,900 ASST shares worth $199,386 as the Bitcoin treasury company’s preferred stock has returned close to its $100 par value. Summary Rochard bought 15,900 ASST shares at an average price of $12.54 on Aug. 14. The open-market purchase was his first reported direct holding of Strive common stock. ASST
Solana spent years being defined by memecoin volume, and $3.73B in tokenized real-world assets is starting to change that label. ChatGPT AI predicts that the shift carries price higher, and the price prediction targets $150 to $190 by the end of 2026, with $165 as a realistic base case. Alpenglow is the strongest catalyst. Its
Ripple has raised $275 million through an upsized senior note offering by Ripple Prime to fund the brokerage unit’s expansion across financing, clearing, and other financial services in the United States. Summary Ripple Prime raised $275 million through a private offering of senior unsecured notes to institutional investors. The proceeds will support Ripple’s U.S. expansion
The American Bankers Association seeks to strengthen the Clarity Act, not kill it, argues Rob Nichols, president and CEO of the ABA. Source link
Ethereum price rose 3% to around $1,920 on Aug. 19, but weak trend strength and nearby liquidation clusters kept the recovery below $2,000. Summary Ethereum price gained 3% to $1,920 but remained below the $1,986 resistance level. 4-hour RSI reached 61 as the MACD moved further into positive territory. Liquidation liquidity is concentrated near $1,930,
The Securities and Exchange Commission has proposed its own framework for crypto asset offerings, pressing ahead while landmark legislation stalls. The regulator unveiled “Regulation Crypto Assets” on Tuesday, a tailored offering regime it says will let token issuers raise money in the U.S. without falling foul of securities laws. Tuesday’s proposal carves out two exemptions
The GENIUS Act mandates Treasury bill reserves. FASB wants stablecoins counted as cash. The Treasury is writing enforcement rules for January 2027. Every provision points the same direction, and it is not toward protecting retail investors. Summary The GENIUS Act requires payment stablecoin issuers to hold reserves in U.S. Treasury bills, insured bank deposits, or
All of us once believed that artificial intelligence will eventually take over the world with robots and intelligent technology. You can see how AI has been changing our lives in the examples of virtual assistants, smart manufacturing lines and wealth management apps. If you want to become an AI agent manager, then you have picked
Jeonbuk becomes South Korea’s first regional bank using Ripple Payments infrastructure. Ripple targets faster 24/7 cross-border payments for Korean business customers. Ripple’s Korea expansion grows while XRP settlement details remain unconfirmed. South Korea’s Jeonbuk Bank has partnered with Ripple to modernize cross-border payments for business customers. The deal makes Jeonbuk the country’s first regional bank
