The fact that August inflation data in the US came in slightly above expectations quickly strengthened expectations of a Fed interest rate …
Wall
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Finance
Wall Street is building tokenized deposits to lock in customer balances
by shayaanby shayaanImagine your company has enough money to pay a supplier, but the money is in its Singapore account and the bill must …
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DeFi
Why 90% of your DeFi trades are quietly being routed back to Wall Street market makers
by shayaanby shayaanOpen Jupiter, tell it you want to swap $SOL for $USDC, check the price, and press the button. From the user’s point …
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Goldman Sachs late Friday became the last of the major banks to retract its forecast of no rate hike next week. www.coindesk.com
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Markets
Kalshi wants 24/7 Tesla and Nvidia perps as Wall Street fights over who regulates them
by shayaanby shayaanThe prediction-market operator plans to seek U.S. approval for about 60 stock and ETF perps, taking one of crypto’s biggest trading products …
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Mining
Wall Street is turning AI’s massive electricity appetite into a $61 billion bond market
by shayaanby shayaanEvery interaction with AI uses electricity in a data center. Servers calculate the answer, cooling equipment carries away the heat, and network …
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As IREN Ltd. (NASDAQ: IREN) stock surged by more than 14% over the past two days, driven by strong institutional demand for …
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Regulation
The SEC is rewriting 50-year-old Wall Street rules to let public blockchains decide who legally owns a stock
by shayaanby shayaanThe US Securities and Exchange Commission (SEC) wants to let Wall Street’s official shareholder records move onchain while keeping regulated transfer agents …
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Markets
Bitget in talks with Wall Street giants including BlackRock to fuel Asian distribution
by shayaanby shayaanGracy Chen highlighted the world’s largest asset manager as one example of such a firm seeking to expand distribution of their tokenized …
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Finance
Wall Street is now racing to control the $1.9T stablecoin shift to avoid losing its customer base
by shayaanby shayaanStandard Chartered estimated in January that stablecoins could pull about $500 billion from US bank deposits by the end of 2028. Regional …