NEW ECONOMY

Good morning. While sitting in the Rivian R2 electric SUV at the Aspen Ideas Festival this weekend, CEO RJ Scaringe opened a glove box and pointed to the felt lining. “That cost $11,” he said. Is that expensive or...

Under the "yen carry trade" framework, a weak yen (USD/JPY rising) is supposed to be accompanied by rising BTC, just as it tends to support stocks. Extending that logic, a strengthening yen should trigger risk aversion in both stocks...

Hyperliquid added to Singapore's Investor Alert ListThe Monetary Authority of Singapore (MAS), the city-state's central bank and financial regulator, has added decentralized perpetuals exchange Hyperliquid to its Investor Alert List.The entry, added on Friday, includes the Hyper Foundation website and...

Key TakeawaysRobert Kiyosaki admitted his latest gold prediction missed the market’s direction, emphasizing transparency over certainty.Gold prices remained volatile as shifting global tensions and evolving monetary policy expectations continued to drive market sentiment.Kiyosaki still forecasts gold reaching $35,000 within...

Bitcoin (BTC) struggled near $60,000 around Monday’s Wall Street open as bulls increasingly risked a support/resistance flip.Key points:Bitcoin bulls face an uphill struggle to flip $60,000 back to support, even as US stocks see fresh upside.Iran peace hopes fuel...

For more details, visit the official Coindesk platform.TL;DRTom Lee has linked recent crypto weakness to quarter-end “window dressing.” Bitmine added another $43 million worth of ETH, its smallest purchase since early May. The setup matters because it frames the selloff as...

BitMEX, the troubled cryptocurrency exchange reportedly looking for a buyer, has cleared out its executive team, removing chief executive Stephan Lutz, chief financial officer Ina Steiner, and chief growth officer Raphael Polansky, CoinDesk has learned.The firm’s former global general...

The Bank for International Settlements has warned that artificial intelligence “exuberance” could have major financial consequences, as heavy reliance on debt financing in AI ventures raises the risk of cascading defaults if investor optimism fades.The five largest hyperscalers are...

One week ago the debate was when the Fed would cut. Today Polymarket prices a 52% chance the Fed hikes before year-end, CME FedWatch sits near 43% for higher rates by December, and BNP Paribas has scrapped its stable-rate...