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Implosion of Situational Awareness hedge fund has Wall Street betting the bottom is in for the AI trade

One of the wildest months in recent memory for the U.S. stock market is ending on yet another remarkable note: A highflying hedge fund run by an AI wunderkind in his mid-20s has apparently just been carried out on a stretcher.

US Senators sent revised ethics rules to White House for CLARITY Act: Report

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/white-house-crypto3.jpg" alt="US Senators sent revised ethics rules to White House for CLARITY Act: Report" class="type:primaryImage"></p><p>The window to pass a comprehensive crypto market structure bill before the Senate breaks for a month-long recess is closing, with ethics a dividing issue for many lawmakers.</p>

Get ready to buy the dip in tech stocks. Why the recent selling won’t break the bull market.

The stock-market selloff in July looks more like a stress test than a breaking point.

Can credit cards survive AI shopping? Why Mastercard’s CEO says they’ll ‘prevail’ in this new era.

Mastercard is positioning itself for ‘agentic commerce’ as the payment-technology world evolves

Strategy posts $8.2B Q2 loss as Bitcoin slump drives unrealized losses

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/regulation-office-document-paper-strategyb.png" alt="Strategy posts $8.2B Q2 loss as Bitcoin slump drives unrealized losses" class="type:primaryImage"></p><p>The Bitcoin treasury company said it has built a $3.75 billion cash reserve to support preferred stock payouts following the launch of its BTC monetization program.</p>

Software stocks are fading — but these 4 could shine through the rest of the year

Evercore recommends Microsoft, ServiceNow, Salesforce and Samsara.

World Cup generated $20B in blockchain prediction market volume: Chainalysis

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-nft-at-the-fifa-world-cup-1.png" alt="World Cup generated $20B in blockchain prediction market volume: Chainalysis" class="type:primaryImage"></p><p>The blockchain analytics firm said the World Cup attracted global participation in prediction markets and digital collectibles, with more than 400,000 wallets placing blockchain-based bets.</p>

Coinbase Q2 profit misses estimates despite record crypto market share

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/news-coin-coinbase.jpg" alt="Coinbase Q2 profit misses estimates despite record crypto market share" class="type:primaryImage"></p><p>The crypto exchange blamed softer spot trading and low volatility for the earnings miss while highlighting growth in derivatives, stablecoins and tokenized finance.</p>

Meta’s stock falls hard. Here’s why the company is in Wall Street’s doghouse.

Meta’s spending on AI is ramping, and investors want proof that the company can make serious money in areas other than advertising.

Micron, Sandisk and other chip stocks get major boosts in the wake of Microsoft’s earnings

Microsoft is spending heavily on AI but is also taking a “responsible” approach to its financials, an analyst said.

Why Microsoft’s stock soared to a historic gain after earnings

The company’s cloud business is sporting impressive growth, and Microsoft expects to avoid heading into cash-burn mode as it spends up on AI.

Telegram’s Pavel Durov responds to Russia’s terrorism designation

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/durov.png" alt="Telegram’s Pavel Durov responds to Russia’s terrorism designation" class="type:primaryImage"></p><p>The Telegram founder said Russia designated him a terrorist after he refused government demands for mass surveillance and censorship on the messaging platform.</p>

Senator Schumer proposes agency to address corruption, including Trump’s crypto ventures

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-law-on-promotion-of-crypto-us2.jpg" alt="Senator Schumer proposes agency to address corruption, including Trump’s crypto ventures" class="type:primaryImage"></p><p>The proposed legislation referenced Donald Trump’s disclosure of billions of dollars in crypto earnings in 2025, as well as his family’s business ties to foreign governments.</p>

Warsh’s Wall Street cred takes a hit as investors doubt the Fed chair’s inflation-fighting resolve

Kevin Warsh insists the Federal Reserve will do whatever it takes to reduce U.S. inflation to its 2% target, but investors aren’t buying it.

The warning signal insiders are sending

Corporate insiders haven’t been this bearish in more than 20 years.

‘Don’t get suckered like I did’: I paid $185 to the wrong passport website. Can I get my money back?

“I will file a complaint with the Better Business Bureau.”

Aviva Investors launches tokenized fund after Central Bank of Ireland approval

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/ripple-vs-xrp-vs-xrp-ledger-2.png" alt="Aviva Investors launches tokenized fund after Central Bank of Ireland approval" class="type:primaryImage"></p><p>The new XRPL-based share class gives eligible investors blockchain-based access to a regulated US dollar liquidity fund while keeping traditional custody arrangements.</p>

Canadian crypto ownership increases to 25%: Ontario survey

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/canada-coin-2.jpg" alt="Canadian crypto ownership increases to 25%: Ontario survey" class="type:primaryImage"></p><p>A survey of more than 2,000 Canadians in late 2025 and early 2026 showed an increasing awareness of risk around the crypto industry and higher ownership of assets.</p>

Mortgage rates jump to their highest level in a year and show few signs of falling

Mortgage rates jumped to a new high for the year, making it even more expensive to take on a home loan.

Bitcoin stable as Fed fave PCE inflation sees first monthly drop in six years

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-is-bitcoin-a-hedge-against-inflation.jpg" alt="Bitcoin stable as Fed fave PCE inflation sees first monthly drop in six years" class="type:primaryImage"></p><p>Bitcoin and US stocks enjoyed a relief bounce as the South Korea semiconductor rout eased and US PCE inflation data conforms to year-on-year expectations.</p>