Fed minutes flag another hike this year, timing undecided
Fed minutes flag another hike this year but give no date; 16 of 18 officials project one as PCE eased and October is described as unlikely.
NY Fed survey: one-year inflation outlook rises to 3.9%, a high since May 2023
NY Fed’s survey shows one-year inflation outlook at 3.9%, highest since May 2023, while household spending expectations hit 5.5% and longer-term views hold.
Strategy estimates $4.1 billion bitcoin tax benefit after cost flip
Strategy estimated a $4.1B bitcoin tax benefit after fair value rose above cost, reversing a deferred tax asset; what it means for ETFs and holders.
Magnificent seven earnings to lag as S&P 493 seen growing 27.7%
magnificent seven earnings are forecast to grow 20.3% in Q3, trailing the S&P 493’s 27.7%, per Russell Investments, a 7.4-point gap beside record index highs.
3x Ethereum ETF would hit CME’s 8,000-contract level with $362.1 million
At $362.1m, a 3x Ethereum ETF would match CME’s 8,000-contract threshold if it used front-month futures, the report says, with sizable daily rebalancing.
DeFi Development Corp Solana holdings rise to 2.56M SOL as weekly buys slow
An 8-K shows DeFi Development Corp Solana holdings rose to 2,564,212 as it added 26,203 SOL, while weekly buys slowed and a $300M ATM launched.
SEC approves Cboe listing of 3x leveraged Bitcoin and Ethereum funds
SEC approval lets Cboe list 3x leveraged bitcoin and ethereum funds, with trading pending effective registrations and existing sales rules applying.
OKX and ICE file 24/7 tokenized stock trading venue under SEC exemption
OKX and ICE filed to run a 24/7 tokenized stock trading venue under the SEC Innovation Exemption, detailing DeFi rails, KYC and issuer objections.
Bitcoin ETFs take in $134.4M to start October after $148.7M Sept. 30 outflow
U.S. spot Bitcoin ETFs saw $134.4M of inflows to start October, short of reversing a $148.7M Sept. 30 outflow, Decrypt reported, as hike odds fell to 14%.
NEAR pledges full reimbursement after NEAR Intents exploit; funds traced to KuCoin, then…
NEAR says a bug in the Omni–NEAR Intents interaction led to an exploit and pledges full user reimbursement. The vulnerability is patched; funds were traced to…
