Stablecoin Users Forgo Billions in Interest as Rates Rise
Stablecoin holders forfeit potential yield as issuers retain interest on reserves backing the digital tokens.
07/10/2026 05:417 min read
BiFu News
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US jobless claims data could reveal if hiring slowdown turns into layoffs
US jobless claims data this week may show if weak hiring is turning into layoffs after a poor September payrolls report.
07/10/2026 05:018 min read
Gold Price Outlook Blocks M&A Deals From Closing, Perseus CEO Says
Perseus CEO Craig Jones says uncertainty over gold prices is blocking M&A deals, with buyers and sellers unable to agree on valuations.
07/10/2026 04:578 min read
Hayes Warns AI Boom Will Overbuild, Crash, Then Bail Out Bitcoin
Arthur Hayes expects the AI data centre boom to overbuild, crash, and be bailed out, with Bitcoin soaking up the excess liquidity.
07/10/2026 04:2612 min read
Asia-Pacific market update: Oil rises on Saudi-Houthi attacks and Gulf storm threat
Oil rises on Saudi-Houthi attacks and Gulf storm; gold dips; FOMC minutes due.
07/10/2026 03:5413 min read
Houthis report attacks on three Saudi locations, including Riyadh airport; no confirmation yet
Houthis claim drone and missile strikes on three Saudi sites, including Riyadh airport; no confirmation from Saudi authorities yet.
07/10/2026 03:3114 min read
S&P 500 Gains 18.3% as Ex-AI Index Rises 6.7%
The S&P 500 rose 18.3% in six months, while Goldman Sachs' ex-AI index gained 6.7%, highlighting the role of AI stocks in the rally.
07/10/2026 03:288 min read
SpaceX's $40B Nvidia Debt Plan Tests Stock's 16% Rally
SpaceX seeks $40B in debt to buy Nvidia AI chips; stock up 15% in five days.
07/10/2026 03:277 min read
Crypto Longs Hit With $403M Liquidation as Bitcoin Declines
A Bitcoin slide triggered $403 million in crypto long liquidations in one hour, but most leverage survived.
07/10/2026 03:278 min read
Wells Fargo Lifts Meta Price Target to $1,000, Flags 2027 Earnings Dip
Wells Fargo raised Meta's price target to $1,000, citing Muse AI momentum but warning earnings may bottom in 2027.
07/10/2026 03:2710 min read