Treasury yields have surged to levels not seen in nearly two decades, with the 30-year yield at its highest since 2007 and the 10-year yield approaching 5%. This rise is driven by persistent inflation, particularly from rising energy prices, which challenges expectations for rate cuts or yield relief soon. Central banks, especially the Federal Reserve, are focused on maintaining price stability, signaling a 'higher for longer' interest rate environment. As a result, equities face increased risk with pressured returns due to elevated rates and high valuations, making the risk-reward outlook unfavorable for investors.
Larry Ellison, Oracle's founder, has canceled his plan to sell up to 50 million shares worth $7.5 billion. The plan was disclosed in a recent regulatory filing but no shares were sold under it. Ellison still controls more than 40% of Oracle, which he...
Pump.fun, a Solana-based memecoin launchpad, has replaced its Cashback mode with a new Holder Rewards system. Instead of trading fees going back to creators or active traders instantly, fees now accumulate in a distribution wallet and are paid out mu...
Hey Wallet, a Solana-based social wallet that allowed users to send SOL via X handles and tip creators on Discord, announced it is shutting down with no specific date given. Users are urged to export their private keys from heywallet.com and transfer...
Ethereum aims to activate the Glamsterdam upgrade on the Sepolia testnet by October 6, but unresolved bugs and network finalization issues on the devnet-9 with 1,000 validators have made this date uncertain. A critical bug related to EIP-8037 require...
XRP is at a critical price point near its 100-day Exponential Moving Average (EMA), which has historically acted as a strong support level leading to rallies. Analysts expect XRP to either hold above the $1.38-$1.40 zone or possibly dip to $0.95-$1 b...
