Crypto stocks like Circle Internet, Bitmine, and Coinbase dropped 3-4% despite Bitcoin and Ethereum prices holding steady. The selloff is driven by a global bond market surge pushing 10-year Treasury yields above 4.75%, which pressures high-beta tech and crypto-related stocks. This disconnect suggests the decline is due to risk-off positioning linked to rising rates rather than crypto fundamentals. Investors should watch long-term yields for clues on whether these stocks stabilize or remain under pressure.
The Fidelity Ethereum Fund (FETH) stands out as the only large-cap US spot Ethereum ETF that avoids exposure to Coinbase at both custody and validation layers, providing a structural hedge against counterparty concentration risks common in competitor...
In August, stocks that had been hit by bearish fears, especially in enterprise software, staged a strong comeback. Companies like Moderna surged after positive vaccine news, while Palantir, Veeva, Salesforce, and ServiceNow recovered as concerns abou...
Polymarket, a prediction market platform, is strengthening its controls to police trading activity ahead of the 2026 US midterm elections. Shauna Bautista, the head of investigations, emphasized the use of machine learning, blockchain analytics, and ...
OpenAI has developed an AI-designed chip called Jalapeno that early tests show outperforms Nvidia's best chip, Blackwell, in total cost of ownership. While Nvidia currently benefits from scarcity in the market, a macro investor predicts this advantag...
Bitmine Immersion Technologies' stock rose 4% as its Ethereum holdings reached 4.9% of the total supply, nearing its goal of 5%. This milestone is notable as no crypto treasury has previously reached such a concentration in Ethereum. Meanwhile, Circl...
