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Senator Lummis still pushing for CLARITY vote before August recess

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-the-evolution-of-crypto-regulations-in-2024-what-it-means-for-2025.png" alt="Senator Lummis still pushing for CLARITY vote before August recess" class="type:primaryImage"></p><p>US lawmakers have only a few days to hold a vote on a crypto market structure bill before a recess begins that could push consideration into the 2026 election season or beyond.</p>

Marex invests in Digital Prime to expand institutional crypto lending

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-japan-ada-lending-copy.png" alt="Marex invests in Digital Prime to expand institutional crypto lending" class="type:primaryImage"></p><p>The undisclosed investment will support the development of Tokenet, a digital asset lending platform, as institutional demand for crypto infrastructure continues to grow.</p>

SolarEdge’s stock is shedding a quarter of its value as sales woes trump AI progress

The company faces challenges in Europe, which led to a weaker-than-expected revenue forecast.

Retail investors are buying the dip on SpaceX’s stock before more shares flood the market

Retail investors were doing what they do best on Wednesday: Buying the dip in SpaceX shares aggressively, even as the company’s stock sank after it released its first earnings report.

Alphabet’s stock drops as Google loses another key AI executive

Jeff Dean, Google’s chief scientist and one of its first employees, is leaving to launch his own company.

How Ozempic maker Novo Nordisk blew its lead in GLP-1 weight-loss drugs. Can Europe compete in the high-stakes global economy?

The Danish company developed the most lucrative new drug the world had ever seen. Then America’s Eli Lilly outmaneuvered it and took control of the diet-drug market.

Crypto-backed Michigan House incumbent loses primary despite $2M PAC support

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-can-somebody-predict-the-next-us-elections-crypto.jpg" alt="Crypto-backed Michigan House incumbent loses primary despite $2M PAC support" class="type:primaryImage"></p><p>A Midwest Democratic primary that raised accusations of payback from the cryptocurrency industry ended with the unseating of two-term incumbent Shri Thanedar.</p>

Western Union brings stablecoin remittances to Visa network with Stablecard

The remittance giant is rolling out Stablecard across 37 markets, targeting cross-border payments and consumers seeking US dollar-denominated savings in volatile economies.

5 things investors should know about the stock market’s latest rapid-fire comeback

What a difference a week makes. The S&P 500 has surged more than 6% over the past five days, its biggest gain since last year’s tariff tantrum.

SpaceX’s stock falls as Wall Street gets spooked by the extent of AI spending

Morgan Stanley expects $64 billion in capital spending from SpaceX this year. The company is dramatically ramping up AI investments.

Nvidia’s stock is basking in the glow of a high-profile endorsement

SpaceX CEO Elon Musk said his company will only use Nvidia’s chips to build its AI.

Gold hits 6-week highs on China demand as Bitcoin ignores fresh S&P 500 record

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/magazinechina-gold.png" alt="Gold hits 6-week highs on China demand as Bitcoin ignores fresh S&amp;P 500 record" class="type:primaryImage"></p><p>Gold and US stocks stole the limelight on Wednesday as Bitcoin failed to gain significantly beyond $64,000.</p>

U.S. economy keeps up the momentum, but rising costs put a lid on new hiring

The largest part of the economy grew in July at a robust pace, but scattered shortages of key supplies and dogged inflation raised the cost of doing business. Companies responded by keeping a lid on hiring.

Shopify’s stock heads for best day in a year after the company ‘left no doubt’ about its growth trajectory

The company is keeping costs in check while signaling upbeat growth trends, analysts say.

Crypto whales accumulate as bear market nears late stage: CryptoQuant

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/article-covers-34555-analysts-laugh-off-recent-one-whale-theory-of-btcs-2017-bull-run.jpg" alt="Crypto whales accumulate as bear market nears late stage: CryptoQuant" class="type:primaryImage"></p><p>Bitcoin, Ethereum and XRP whales increased balances during market weakness, as CryptoQuant said large holders are absorbing supply ahead of a possible bottom.</p>

Do the Coldcard attacks mean all hardware wallets are now insecure?

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-double-spending-in-btc-wallets-the-issue-persists.jpg" alt="Do the Coldcard attacks mean all hardware wallets are now insecure?" class="type:primaryImage"></p><p>The Coldcard entropy flaw caused a crisis of confidence in hardware wallets. Here’s the details you need to know before you entrust Ledger, Trezor or Foundation with your Bitcoin.</p>

Galaxy reports $85M net loss amid Q2 crypto market slump

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-how-to-use-galaxy-for-broad-market-exposure.jpg" alt="Galaxy reports $85M net loss amid Q2 crypto market slump" class="type:primaryImage"></p><p>Galaxy Digital reported an $85 million net loss driven by falling digital asset prices and $8.7 billion in revenue that missed Wall Street estimates.</p>

Mastercard, Borderless test shared identity checks for stablecoin transfers

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-bitlicense-approval-shines-fresh-light-on-new-york-crypto-mastercard.jpg" alt="Mastercard, Borderless test shared identity checks for stablecoin transfers" class="type:primaryImage"></p><p>Mastercard and Borderless are exploring ways to bring more trust into cross-border stablecoin transfers through the payment processing giant’s Crypto Credential framework.</p>

The government owns some of the same stocks you do. Here’s why that is risky.

Recent deals to have the U.S. take a stake in companies mark something new: Government ownership used as a standing industrial-policy tool rather than an emergency backstop.

ADP says businesses add the fewer new jobs in six months

ADP said U.S. businesses created just 44,000 new jobs in July — the smallest increase in six months — in another sign of a sluggish labor market in which hiring is unusually soft.