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Jim Cramer To Sell Bitcoin After IBM Quantum Warning: Will Traders Fade Him?
- Jim Cramer says he will sell his Bitcoin over quantum computing fears.
- No wallet, filing, or position size confirms the sale actually happened.
- The inverse Cramer ETF tested that trade with real money and lost.
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The Web’s Missing Payment Primitive Didn’t Need Better Tech, It Needed to Ditch Humans
- Micropayments died since the 1990s on cognition, not technology.
- x402 removes the human, not the friction, from the decision.
- Average x402 payment is 32 cents, not a fraction of a cent.
Sam Bankman-Fried (SBF) Appeal Mandate Issued, Only One Strand of Hope Left
- The Second Circuit issued SBF's appeal mandate on August 4, closing his appeal.
- The one-page order affirms his conviction and sentence, adding no new reasoning.
- A Supreme Court petition is the only judicial option Bankman-Fried has left.
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Amazon’s $3 Trillion Record Lasts One Day as Stock Takes Big Hit
- Jeff Bezos filed to sell 15 million Amazon shares for $4.07 billion.
- He priced the sale off Friday's close, not Monday's record high.
- AMZN fell 2.33% Tuesday after Amazon first topped $3 trillion Monday.
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Dollar Index Trapped at 100 as Hawkish Fed Meets Official Selling
- DXY trades near 100.02, battling to reclaim the psychological 100 level.
- Markets price a September Fed rate hike at 54% after blowout ISM data.
- Daily RSI at 38 warns the correction could extend toward 99.00 support.
After Leaked Buy Yen Note, Bessent Explains U.S. Move to Save Japanese Currency
- Bessent says the US bought yen because the currency had fallen too far.
- He warns a weak yen could drag other Asian currencies down with it.
- The dollar has already won back more than two yen since the intervention.
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Stablecoin Banking Competition Expands Beyond Settlement
- Stablecoins are gaining ground across payments, payroll, business transfers and settlement.
- Card issuance, foreign exchange, compliance and account management offer providers greater revenue opportunities and stronger customer relationships.
- Stablecoin neobanks face growing responsibility as they combine payments, yield, credit and trading within one product.
36 Analysts Share Their NVIDIA Stock Forecast Before August Earnings
- 36 of 37 analysts rate Nvidia a buy ahead of August 26 earnings
- Michael Burry warns Nvidia is helping finance the customers buying its chips
- Institutions keep buying the stock even as skeptics question the chip demand
