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Bitcoin is cratering, but a new Wall Street crypto hype is on the rise
5+ day, 17+ hour ago (608+ words) In one very small, and at least to date obscure, corner of the crypto market, investors are rushing in rather than heading for the exits. So-called HYPE exchange-traded funds are taking in new assets from investors at a time when…...
Polymarket closes its first block trade as prediction markets push for Wall Street adoption
1+ week, 2+ day ago (316+ words) The six-figure transaction was between Falcon X, a digital asset brokerage, and Anera Labs, a trading technology startup. Falcon X and Anera Labs traded on a contract related to the Ornn Compute Price Index, a benchmark that tracks Nvidia's H100 GPU…...
Two months, $2. 6 billion: How NASA ETF turned Space X IPO access into a hot retail trade
1+ week, 5+ day ago (640+ words) Retail investors are rushing into the space investing trade ahead of the Space X IPO, and one ETF has cashed in on the excitement. Tema ETFs' Space Innovators ETF, which launched on March 30 and trades under the ticker symbol NASA,…...
Wells Fargo CEO sees 'more downside' to U. S. economy as lower-income consumers struggle
9+ mon, 1+ day ago (306+ words) Wells Fargo CEO Charles Scharf said Wednesday that while corporations and higher-income consumers are thriving, lower income Americans are struggling to stay afloat. The bank's data shows that "companies are in really great shape" and spending and debt repayment rates…...
Here's the inflation breakdown for July 2025 " in one chart
9+ mon, 4+ week ago (716+ words) Inflation held steady in July as price declines for staples like groceries and gasoline helped offset price increases for consumers. However, there were worrying signs under the surface, including evidence that Trump administration policies are stoking inflation for certain goods…...
There's no Dow or S&P 500 for cryptocurrencies yet. Bitwise is getting a step closer with new ETF
6+ mon, 2+ day ago (545+ words) A new exchange-traded fund from Bitwise that began trading Tuesday will give retail investors and financial advisors access to a broad range of cryptocurrencies in one shot, as opposed to the ETFs so far that have mostly just tracked just…...
Palooza in Cryptoland:" Bitwise predicts fresh ETF surge despite rough stretch for digital assets
4+ mon, 2+ day ago (330+ words) The government reopening may spark a fresh historic run for recently battered cryptocurrencies. Bitwise's Matt Hougan expects legislation to support new investment products in the space. "It's going to be ETF Palooza in Cryptoland. I think there'll be 100 plus launches,…...
China industrial profits jump 24. 7% in April, fastest gain in over two years despite headwinds
2+ week, 2+ day ago (0+ words) ...
European companies double down on China manufacturing despite EU de-risking push
2+ week, 2+ day ago (582+ words) BEIJING " More European companies are maintaining or expanding their supply chains in mainland China to remain competitive globally, according to a survey released Wednesday by the European Union Chamber of Commerce in China. Nearly one-third of respondents said they were…...
Piper Sandler says Strait of Hormuz to remain closed for months and oil to hit new highs
2+ week, 2+ day ago (282+ words) Piper Sandler isn't buying the talk that an Iran deal is nearing, telling clients that the Strait of Hormuz will largely stay closed and oil will hit new highs. "We think the Strait of Hormuz remains largely closed for months…...
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