Finance

🇫🇷 FRANCE OR ENGLAND 🏴󠁧󠁢󠁥󠁮󠁧󠁿 ? Kickoff is in just 40 minutes The market is backing France at 69%, while England sits at 31% ahead of the FIFA World Cup third-place playoff. More than $57M has been traded on the outcome. Who are

Robinhood CEO: Operate “Trump Accounts” and Why Trading Isn't Necessarily Gambling According to NYT, Robinhood CEO Vlad Tenev said in an interview that the company is working with the U.S. government to operate “Trump Accounts,” investment

JUST IN: 🇺🇸 Bank of America appoints new executives to lead and scale its digital asset platforms, tokenization business and AI transformation.

JUST IN: Drake bets $1.5 million $USDT on Argentina to beat Spain in the FIFA World Cup final. He will win $5,175,000 if Argentina wins.

Robinhood CEO: Operate “Trump Accounts” and Why Trading Isn't Necessarily Gambling According to NYT, Robinhood CEO Vlad Tenev said in an interview that the company is working with the U.S. government to operate “Trump Accounts,” investment

FTX to Distribute About $900 Million to Creditors in Fifth Payout on July 31 FTX will begin its fifth creditor distribution on July 31, paying approximately $900 million to holders of allowed claims in the Convenience and Non-Convenience C

Odds Anthropic IPOs This Year At 77%, Whilst The Odds Of It Hitting $2T This Year Slide To 35% Following Release Of Kimi K3: Polymarket

TRUMP MEDIA TARGETS WALL STREET Trump Media is reportedly seeking up to $100,000 a month to give banks and trading firms the fastest access to President Trump’s Truth Social posts. The new “Truth API” would offer low-latency feeds of key a

🇺🇸 Trump Media considers charging traders and investors up to $100,000 per month for faster access to President Trump's Truth Social posts, FT reports.

Trump Media pitched a $100,000 monthly fee for faster access to the president’s social posts

The vast majority of stablecoin activity relates to trading, derivative collateral transfers, protocol mechanics, and intermediary routing, while only 7% (approximately $350–$550B) represents real-world payments

JUST IN: 🇺🇸 Congress holds hearing to discuss Crypto Clarity Act.

JUST IN: Apple $AAPL retakes the title of the world's largest company by market cap, surpassing Nvidia $NVDA.

APPLE SURPASSES NVIDIA TO BECOME WORLD'S MOST VALUABLE COMPANY $AAPL $NVDA

APPLE CLOSES IN ON NVIDIA $AAPL is on the verge of reclaiming the title of the world’s most valuable company, with a market value nearing $4.9T as $NVDA slips. The race highlights a shift in the AI trade. Investors are increasingly betti

Highlight Clip Tom Lee: S&P 500 Could Top 8,000 by Year-End Tom Lee: S&P 500 Could Top 8,000 by Year-End BitMine Chairman Tom Lee said in a July 14 CNBC interview that the S&P 500 could rise above 8,000 by year-end, as the AI story remain

Highlight Clip Fed Chair: We're Not Bailing Out Anybody, Including Crypto Fed Chair: We're Not Bailing Out Anybody, Including Crypto Federal Reserve Chair Kevin Warsh said at a July 14 hearing of the U.S. House Financial Services Committe

SpaceX $SPCX closes below its IPO price for the first time since it went public.

🇺🇸 Truth Social to sell faster access to President Trump's posts for traders and investors, WSJ reports.

*https://t.co/7c0HC2fuCr REPORTS $400M INVESTMENT FROM CITADEL SECURITIES

CRYPTO. COM ANNOUNCES $400 MILLION STRATEGIC INVESTMENT FROM CITADEL SECURITIES

JUST IN: 🇺🇸 President Trump to meet with US Senators today to discuss advancing Crypto Clarity Act.

MORTGAGE RATES HIT ONE-YEAR HIGH US mortgage rates climbed to 6.55%, their highest level in nearly a year, as renewed Middle East tensions fueled inflation fears. Higher borrowing costs are cooling demand, with home sales falling and many

Here’s a tighter version under 70 words: MORTGAGE RATES HIT ONE-YEAR HIGH US mortgage rates climbed to 6.55%, their highest level in nearly a year, as renewed Middle East tensions fueled inflation fears. Higher borrowing costs are coolin

How Is a Pre-IPO Company's "Share Price" Determined on Hyperliquid? ChangXin Memory Technologies’ CXMT contract on Hyperliquid is a cash-settled Pre-IPO perpetual deployed by Trade.xyz through HIP-3, rather than an actual stock. Trade.xyz

NEW 2X SK HYNIX ETF DEBUTS Leverage Shares launched $SKHX on Tuesday, a 2x leveraged ETF tied to SK Hynix. The fund aims to deliver 2x the stock’s daily performance and carries a 0.75% expense ratio. Like all leveraged ETFs, it’s designe

JUST IN: BlackRock now holds 734,762 $BTC worth over $47.1 billion for their spot Bitcoin ETF.

U.S. initial jobless claims for the week ended July 11 were 208,000 U.S. initial jobless claims for the week ended July 11 were 208,000, marking the lowest level since the week of May 2, 2026.

JUST IN: 🇹🇼🇺🇸 Taiwan's semiconductor $TSM to invest an additional $100 billion in its Arizona chip plant.

Korea’s Leverage Rout Wipes Out $1.45 Billion, With Young Traders Hit Hardest South Korean retail investors lost an estimated KRW 2.15 trillion, or about USD 1.45 billion, from leveraged trading over the past month, with investors in their

South Korea Raises Rates for First Time Since 2023, Pressuring Crypto Risk Appetite The Bank of Korea raised its benchmark interest rate by 25 basis points to 2.75%, its first increase since January 2023, matching market expectations after

South Korea temporarily halts new single-stock leveraged ETFs and raises minimum deposit requirements for leveraged chip funds

S. KOREA TO TEMPORARILY HALT NEW SINGLE STOCK LEVERAGED ETFS SOUTH KOREA HIKES MINIMUM DEPOSIT REQUIREMENT FOR CHIP LEVERAGED ETF

$SPCX - SPACEX FALLS BELOW IPO PRICE SpaceX shares fell 1.7% to $134, slipping below their $135 IPO price for the first time. The stock is now far below its $225.64 peak, raising concerns that its valuation was driven more by hype than fu

JUST IN: Elon Musk's SpaceX $SPCX hits post-IPO low, falling under $135

BlackRock officially becomes first investment firm in history to surpass $15 trillion in assets under management.

Claude AI developer Anthropic to meet with IPO investors in the coming weeks.

Warren Buffett cuts off donations to the Gates Foundation following revelations about Bill Gates' interactions with Jeffrey Epstein.

🇺🇸 US Mint to begin striking new $1 gold coin featuring President Trump for America's 250th anniversary.

🇺🇸 JPMorgan, Goldman Sachs, BlackRock, Vanguard, and NYSE to participate in trial tokenizing US stocks and Treasuries.

U.S. June PPI Annual Rate at 5.5%, Below Expectations of 6.2% U.S. June PPI rose 5.5% YoY, below expectations of 6.2%; prior figure revised from 6.50% to 6.0%.

DTCC begins production tokenization of Microsoft, SPY, QQQ and US Treasurys for Wall Street firms, ahead of a wider October launch

🇺🇸 US PPI falls to 5.5%, lower than expectations.

U.S. producer prices fell 0.3% in June, below the flat forecast

DTCC TO TOKENIZE MICROSOFT, SPY, QQQ SHARES, TREASURYS FOR WALL STREET FIRMS: WSJ

US AVERAGE 30-YEAR MORTGAGE RATE RISES 7 BPS TO 6.65 PCT IN JULY 10 WEEK - MBA

JUST IN: 🇯🇵 Japan officially passes law recognizing crypto as "financial assets."

JUST IN: 🇰🇷 South Korea to include crypto under planned state asset management law.

Japan to recognise cryptocurrency as 'financial assets', NHK says

Stripe and Advent have offered $53B to acquire PayPal at $60.50 per share, a 28% premium, with PayPal’s board yet to respond | per Reuters

Hyperliquid Lists CXMT, Potentially A-Share’s Largest IPO and 4th-Largest DRAM Maker Following the listing of the “CSI STAR Market 50 ETF”, Hyperliquid has officially added ChangXin Memory Technologies (CXMT). As A-share listings such as C

Stripe and Advent Reportedly Offer $53 Billion to Acquire PayPal According to Reuters, Stripe and Advent International have offered to acquire PayPal for $60.50 per share, valuing the payments giant at more than $53 billion. The offer is b

The biggest lesson of the AI era: never get comfortable. On June 2nd, IBM, $IBM, was up +13 % for the year and trading at its highest level on record. Today, just 42 days later, $IBM fell -25 % posting its biggest daily decline since 1968

Japanese Financial Giant Downgrades Circle to Underperform, Cuts Price Target From $85 to $50 Japanese investment bank Mizuho downgraded Circle from Neutral to Underperform and cut its price target from $85 to $50. The bank said OpenUSD’s

Binance "Super App" Strategy: Expanding Beyond Trading into Payments and Financial Services Shunyet Jan, Head of Spot Trading and Derivatives at Binance, told CoinDesk that the exchange is seeking to transform into a "super app" integratin

JUST IN: Stripe and Advent offer to buy PayPal $PYPL for $53 billion, Reuters reports.

JPMorgan Cuts Circle and Coinbase Forecasts Over Hyperliquid Deal JPMorgan downgraded earnings estimates for Circle and Coinbase, stating their new agreement with Hyperliquid weakens USDC economics. Coinbase will now pay 90% of USDC reserv

🇺🇸 Fed Chair Kevin Warsh says the US should not bail out anyone, including crypto.

Warsh says the Fed should not be in the bailout business and should avoid rescuing any sector, including crypto

WARSH: WE DO NOT WANT TO BE IN THE BAILOUT BUSINESS

DOLLAR WEAKENS AS U.S. INFLATION COOLS The U.S. dollar fell after June inflation slowed more than expected, reducing expectations for near-term Federal Reserve rate hikes. However, escalating U.S.-Iran tensions are pushing oil prices high

WARSH: WANT TO BE IN A POSITION WE AREN'T BAILING OUT ANYONE INCLUDING CRYPTO

WARSH: WE ARE NOT AFRAID OF PRODUCTIVITY-LED GROWTH

WARSH: CONTAINING INFLATION WOULD BE CONSISTENT WITH LOWER LONG-TERM TREASURY YIELDS, MORE AFFORDABLE MORTGAGES

WARSH: MORTGAGES ARE HIGHER THAN THEY HAVE BEEN IN PART BECAUSE INFLATION IS ABOVE FED'S TARGET

🇨🇳 Chinese AI firm DeepSeek prepares to file for an IPO as soon as this year.

$IBM crashes 25% at open after reporting lower than expected earnings.

FED'S CHAIR WARSH: LABOR MARKET APPEARS BROADLY STABLE

BREAKING: 🇺🇸 US inflation falls to 3.5%, lower than expectations.

WARSH: UNDERLYING INFLATION IS DETERMINED BY MONETARY POLICY

WARSH: FED HAS ’NO TOLERANCE’ FOR PERSISTENTLY HIGH INFLATION

U.S. CPI: +3.5% YEAR-OVER-YEAR (EST. +3.8%) U.S. CORE CPI: +2.6% YEAR-OVER-YEAR (EST. +2.8%)

US JUNE CONSUMER PRICES RISE 3.5% Y/Y; EST. +3.8%

TOTAL CPI MOM = -0.4, TOTAL CPI YOY = 3.5 CORE CPI MOM = 0.0, CORE CPI YOY = 2.6

Japan’s largest payment network JCB partners with Circle to explore USDC for cross-border payments, treasury transfers and merchant transactions

DEEPSEEK PRELIMINARY TALKS WITH NEW INVESTORS ABOUT OPENING ANOTHER ROUND THAT WOULD VALUE THE COMPANY AT ABOUT $71BN BEFORE DEAL-FT

US pays $81B in tariff refunds after the Supreme Court struck down Trump’s emergency tariff program

JUST IN: 🇺🇸 US issues $81,000,000,000 in refunds after Supreme Court ruled President Trump's tariffs illegal.

🇺🇸 Federal judge voids settlement that would permanently block IRS from auditing past tax claims by President Trump and his family.

FED AT A CROSSROADS: RATE HIKE BACK ON THE TABLE Fed Governor Christopher Waller warned that another hot core inflation reading could force policymakers to consider raising interest rates soon. While the US economy remains resilient, pers

Elon Musk's SpaceX $SPCX hits post-IPO low, falling under $140

Strategy Sells $466.7M in MSTR Shares, Makes No Bitcoin Purchases According to a July 13 SEC filing, Strategy sold 4.82 million MSTR shares for $466.7 million in net proceeds between July 6 and July 12. The company made no Bitcoin purchase

MORGAN STANLEY EXPECTS US HYPERSCALER CAPEX TO REACH $1.2 TRLN BY 2027 MORGAN STANLEY EXPECTS US HYPERSCALER CAPEX TO REACH $1.4 TRLN BY 2028

🇬🇧 BlackRock, JPMorgan, Goldman Sachs, Coinbase and 50 other firms partner to develop tokenization use cases across the UK.

Strategy sold 4.82M shares for $466.7M last week and made no $BTC purchases, leaving holdings unchanged at 843,775 $BTC and cash reserves at $3.0B

STRATEGY RAISES $466M FROM COMMON ATM, NO CHANGES TO BTC BALANCE: FILING

STRATEGY RAISES $466M FROM COMMON ATM, NO CHANGES TO BTC BALANCE: FILING 🔗 velo.xyz

BlackRock, Goldman Sachs and JPMorgan Join UK Tokenization Taskforce 54 firms including BlackRock, Goldman Sachs, HSBC, JPMorgan, Morgan Stanley and UBS have joined a UK government-backed taskforce to develop live tokenization use cases, i

South Korea’s KOSPI Closes Down 8.95% After Circuit Breaker Triggered, SK Hynix Falls Over 15% On July 13, South Korea’s KOSPI triggered a circuit breaker during intraday trading and closed down 8.95% at 6,806.93. SK Hynix fell 15.37% to K

SK HYNIX SHARES PLUNGE 15.4%, MOST ON RECORD

Japan PM Sanae Takaichi Reaffirms Startup and Web3 Support at WebX 2026 Japanese Prime Minister Sanae Takaichi said in a video address at WebX 2026 that the government will strengthen startup support through measures including increased fu

TRUMP EYES AUSTRALIA’S RETIREMENT MODEL President Donald Trump wants officials to study Australia’s $3.1 trillion private pension system as a possible blueprint for US retirement reform. Australia requires employers to contribute 12 % of

KALSHI WORLD CUP BETS COULD GET A TAX BREAK Americans betting on the World Cup through prediction markets could face lower taxes than sportsbook users. Because event contracts are structured as investments, traders may claim broader loss

Thailand’s Central Bank and SEC Probe High-Value USDT Transactions According to The Nation, the Bank of Thailand is working with the country’s Securities and Exchange Commission to analyze high-volume stablecoin transactions, with a partic

AI TAKES THE WHEEL ON WALL STREET JPMorgan is testing AI agents that independently shift investments between stocks and bonds as market conditions change. In 20-year backtests, its top model beat the traditional 60/40 portfolio by 0.7 per

JUST IN: 🇺🇸 $USDC issuer Circle receives approval to operate as a federally regulated US trust bank.

JUST IN: Berkshire Hathaway's cash reserves hit an all-time high of $397,000,000,000.

Corporate insiders are buying tech stocks at a record pace: 28 executives at companies within the US technology sector ETF, $XLK, have purchased their own stock on the open market over the last 6 months, the highest count on record, accord

JUST IN: 🇺🇸 President Trump says he will not sign the housing bill passed by Congress.

Circle receives final OCC approval to establish national trust bank