AI Disruption Fears Linger in Software Stocks
Goldman Sachs warns AI fears may impact growth stocks for years; Servicenow down 48%, Salesforce 36% YTD. Meta, Amazon, and Alphabet poised for recovery. #Update #Finance
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Goldman Sachs warns AI fears may impact growth stocks for years; Servicenow down 48%, Salesforce 36% YTD. Meta, Amazon, and Alphabet poised for recovery. #Update #Finance
Clearbank Europe becomes the first Dutch credit institution to complete MiCA’s CASP notification, enabling EURC and $USDC stablecoin services in the EU. #Update #Crypto $USDC
Uquid launches Uquid Tickets on the TRON network, enabling crypto purchases for global events using $USDT and other digital assets. #Update #Crypto $TRX
Bitmine (@Bitmine) now holds 4.875M $ETH, over 4% of total supply, with MAVAN generating $212M in annual staking revenues. Backed by ARK and Pantera. #Update #Crypto $ETH
White House report finds stablecoin yield ban minimally impacts bank lending, with only 0.02% increase; most reserves recirculate in banks, challenging deposit outflow concerns. #Update #Crypto
@TheEtherMachine and Dynamix Corporation (Nasdaq: ETHM) terminated their SPAC merger; Dynamix to receive $50M exit payment. The Ether Reserve LLC holds 496,712 ETH privately. #Update #Legal
Argentina and Brazil’s fiat currencies rise amid Middle East conflict; Venezuela seen as future market opportunity post-U.S. intervention. Latam oil attracts Asian funds. #Update #Investment
Tokenized Treasuries reach $13.53B, led by Circle USYC and Blackrock BUIDL, highlighting institutional control; Ethereum and BNB Chain dominate multi-chain growth. #Update #Crypto
U.S. regulators fast-track crypto rules via interpretive measures, reducing barriers for issuers and accelerating digital asset expansion, per GAO report. #Update #Crypto
Fellowship PAC, linked to Tether, spent $300K on ads for Clay Fuller in GA-14. Despite pledging $100M, no contributions filed with FEC. #Update #Crypto $USDT
Trump threatens 50% tariffs on China if it supplies weapons to Iran, amid U.S. intelligence reports of potential MANPADS delivery. Supreme Court limits tariff authority. #Breaking #Geopolitics
ARIA token surges 30% to $0.95, reversing an 80% crash amid AI sector interest, despite audit warnings; analysts foresee correction with high volatility and limited supply circulation. #Update #Crypto
Argentina trials JPMorgan’s JPM Coin for interbank settlements, advancing crypto services in banking. TRM Labs reports stablecoins dominate Latam payments despite compliance challenges. #Update #Crypto
Bitcoin trades at $71,587 amid weak momentum; resistance near $73.5K, support at $70.5K-$71K. A move below $70K could increase downside pressure. #Update #Crypto $BTC