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Bitcoin Just Took a $390 Million Hit: A JPMorgan Warning From April Explains Why
- Bitcoin ETFs lost about $390 million last week, the most since early July
- An oil and fertilizer shock JPMorgan flagged is lifting inflation risk for crypto
- Whales sold before the ETF funds, testing whether a Bitcoin bottom is forming
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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.
Republicans Face Midterm Test as Voters Sour on Trump Economy
- 53% of US registered voters say they are financially worse off under Trump.
- Some 64% disapprove of his inflation handling, including a third of Republicans.
- Democrats lead Republicans 44% to 39% ahead of November's midterm elections.
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How Europe’s Unpopular Stock Market Is Quietly Beating Wall Street
- Goldman Sachs says Europe's Stoxx 600 has beaten the S&P 500 since 2025.
- European banks have outperformed the Magnificent Seven since 2022.
- BNP Paribas sees Europe's auto sector as a hidden AI trade beneficiary.
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Musk Hopes “AI is Nice to Us” as Anthropic CEO Defends AI Warnings
- Elon Musk says he hopes AI is nice to us.
- Anthropic CEO Dario Amodei denies his AI messaging leans too negative.
- Amodei says AI could cure most human disease within 10 years.
Polymarket Launches Predictions Market for Pokémon Cards
- Polymarket now runs prediction markets on Pokemon card prices, including Squirtle.
- Traders bet on whether ungraded card values rise or fall.
- The move pushes Polymarket beyond crypto and politics into pop collectibles.
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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.
Over 53,000 Crypto Owners Lost Something This Week That Isn’t Money
- SafePal and Trezor leaked 53,487 customer records in four days.
- SafePal's order tracking flaw stayed open for more than 13 months.
- Seed phrases, private keys, and customer funds were not touched.
