The S&P 500’s strong overall performance reflects its heavy weighting at the top. Under the surface, nearly 40% of the index’s stocks are down at least 20% from their 52-week highs.
The stablecoin issuer’s CEO Jerermy Allaire told Reuters demand for digital dollars is growing across Asia, Africa and Latin America as banks and payment firms.
Nine crypto companies launched the Quantum Alliance to jointly prepare for quantum attacks, but they disagree on when the threat will arrive and whether vulnerable BTC should be frozen.
Volume in Hyperliquid’s Tesla contract hit $47 million in one hour after Elon Musk’s flying Roadster demo, up from $2.8 million, with U.S. stocks closed.
Celestia jumped 16%, injective rose 7.7% and layerzero added 7.3% while bitcoin held little changed near $82,100 and Fed Chair Warsh gave no sign on interest rates.
Soaring prices of spot LNG supply amid the lack of Middle Eastern deliveries have pushed South Korea to rely more on coal-fired power generation in the coming winter, despite its pledge to shift away from fossil fuels. Like all other Asian importers, South Korea, the world’s third-largest LNG buyer after China and Japan, has been hit by the Middle East crisis and the lack of Qatari LNG supply.…
Panelists at Cointelegraph’s Singapore CONNECT event explored opportunities in tokenized markets, the future of everyday stablecoin payments and the evolving landscape for crypto investors.