Crude oil inventories decline less than expected, signaling demand shift
The markets are not taking the bait from oil prices plunging by over $7 in trading today as hope springs eternal for peace in the middle east.
Crypto
MoneyGram launches Visa stablecoin card as remittance rivals expand
MoneyGram is following rival Western Union’s lead, rolling out a Visa stablecoin debit card as it expands blockchain-based payments.
EU finance groups push to remove tokenized securities cap
European finance and tokenization groups say Brussels should remove limits on assets admitted to DLT infrastructure or set a 1.5 trillion euro baseline if a cap remains.
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US wholesale inventories surge in July
U.S. wholesale inventories increased strongly in July, while sales rebounded following June’s decline. Inventories grew faster than sales during the month, pushing the inventories-to-sales ratio modestly higher.
Nvidia Stock Price Falls 2.3% Despite d-Matrix Partnership
Nvidia stock fell 2.35% Thursday even after announcing a collaboration with AI inference chipmaker d-Matrix. Under the deal, d-Matrix will use Nvidia’s NVLink Fusion to connect its next-generation Raptor XPUs to Nvidia’…
Bitcoin Bancorp snaps up thousands of defunct Bitcoin Depot ATMs for $620,000
In today’s newsletter, Michael Zhao from Grayscale Research on how Hyperliquid moved exchange-level trading onchain, and why its prices are starting to matter beyond it.
US FDA reports 22 cases of salmonella infections linked to broccoli sprouts
Do not eat, serve, or sell recalled broccoli sprouts grown by Evergreen Fresh Sprouts, LLC. FDA’s investigation is ongoing.
Dow Jones Today Drops As Fed Rate Hike Bets Surge To 70%
US stocks are sliding as oil climbs above $100 a barrel and August producer prices came in hotter than expected. PPI rose 5.4% year-on-year, above the 5.3% forecast, while core PPI jumped to 4.6% from 4.3%. September ra…
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Crypto Market News: Bitcoin Price Holds While Ethereum, XRP Crash 5%
The total crypto market cap fell to $2.71 trillion, down 3.0% over the past 24 hours. Bitcoin is holding relatively steady at $77,285.98, also down 3.0%, but altcoins are bearing the brunt of today’s selloff. Ethereum d…
Bitcoin falls on US PPI overshoot as 30-year bond yield hits new 19-year high
Bitcoin fell with US stocks as high inflation and a further surge in oil prices coincided with another multidecade high for US bond yields.
Bitcoin Price Crashes $1,200 As Treasury’s Bond Rescue Backfires
Bitcoin fell $1,200, dropping below $77,000 and now trading at $77,260.27, down 3.0% over 24 hours, after August Producer Price Index data came in hotter than expected. More than $190 million in long positions were liqu…
Bitcoin at $400K by 2030 Still 'Reasonable Target': Coinbase CEO
Coinbase chief executive Brian Armstrong still expects Bitcoin to reach $400,000 by 2030, he told CNBC Squawk Box Asia on Thursday, calling it a "reasonable target" even as BTC currently trades around $77,000.
The Quantum Issue: WTF Is Quantum Computing?
What is quantum computing? How is a quantum computer different from a regular computer? What relevance does this have to Bitcoin?
Attention BTC, ETH developers: Quantum attack estimate for bitcoin and ethereum drops more than 50% - CoinDesk
An open research project combining human scientists with AI agents has sharply reduced the estimated quantum computing resources needed for a key step in attacking the encryption used by Bitcoin, Ethereum and other bloc…
Clarity Act Update: Treasury Secretary Bessent urges lawmakers to pass the Bill
Treasury Secretary Scott Bessent urges senators to advance the CLARITY Act next week.
Vymopay Launches Shield Address, a New Anonymous Crypto Wallet Standard
The post Vymopay Launches Shield Address, a New Anonymous Crypto Wallet Standard appeared first on Coinpedia Fintech News
Morning Minute: Hunter Biden’s LAPTOP Crashes
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt.
Ex-BoE deputy governor headlines trio of former central bankers joining Fnality
Jon Cunliffe, Jochen Metzger and Ron Berndsen join Fnality Europe’s supervisory board as the company works to expand beyond its sterling payment system.