Upbeat earnings from Caterpillar and Palantir Technologies (PLTR) drove the Dow Jones Industrial Average and S&P 500 to document closes on Tuesday, easing considerations over synthetic intelligence (AI) spending. The Dow gained 907 factors, or 1.71%, to shut at 54,091.42. The S&P 500 rose 1.79% to 7,736.52. The Nasdaq Composite jumped 2.59% to a document…
Institutional traders accounted for a report 72% of spot buying and selling quantity on Wintermute’s over-the-counter desk within the first half of 2026, up from 59% a yr earlier. The shift marks the clearest signal but that Wall Street, not retail merchants, now units the tempo of crypto markets. Wintermute’s OTC stream report ties the…
US Senators Elizabeth Warren and Richard Blumenthal have despatched a letter to SEC Chair Paul Atkins asking the company to examine President Donald Trump’s meme coin, arguing it could have facilitated fraud or illegal enrichment on the expense of retail traders. The lawmakers cited experiences exhibiting that almost 1,000,000 traders collectively misplaced over $3.8 billion…
GameStop has agreed to swap $1.4 billion of zero-coupon convertible notes for stock, a deal that may retire about one-third of its observe principal if it closes. The ensuing shareholder dilution will stay unknown till the corporate discloses the ultimate share depend. The firm’s Aug. 3, 2026 filing covers about $400 million of notes due…
CNBC host Jim Cramer says he intends to promote his Bitcoin (BTC) after IBM’s chief government warned that quantum computer systems may finally break the cryptography defending it. He has not confirmed a accomplished sale, disclosed a place dimension, or printed a pockets tackle. Traders responded by treating the decision as a purpose to purchase….
Microsoft Copilot AI predicts a severe breakout for XRP, and this worth prediction places an actual quantity behind it. By the finish of 2026, XRP at $1.07 has a compelling bull case towards $5 to $8, which works out to someplace between 5 and eight occasions the present worth. The bull case rests on 4…
One of the early Bitcoin futures ETFs that was transformed to a spot fund after the launch of the Newborn Nine in 2024 is shutting its doorways. Hashdex is closing its roughly $14.7 million Hashdex Bitcoin ETF, leaving DEFI holders till NYSE Arca closes on Aug. 17 to sell. Holders who keep previous the cutoff…
Bitcoin completed July on a robust be aware earlier than shedding momentum at first of August with two straight day by day closes under $63,000. The decline has raised contemporary warning even as blockchain knowledge factors to regular shopping for round present worth ranges. That shopping for exercise grew to become clearer in latest on-chain…
Bank reserves fell $77.579 billion on a weekly-average foundation final week ending July 29. Days later, the US Treasury borrowing estimate for July by way of September rose by $68 billion. The overlap places Bitcoin’s liquidity setup underneath scrutiny. Several forces moved throughout the Fed’s stability sheet, blurring any direct line from Treasury money to…
Advanced Micro Devices (AMD) reported earnings that beat Wall Street on income, revenue, and working margin. The inventory then misplaced 8% in after-hours buying and selling on Tuesday. The chipmaker posted document income of $11.54 billion and guided third-quarter gross sales to roughly $13 billion. Investors offered anyway, with the inventory already up 140% in…