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Cash App Turned a TikTok Trend Into a $25 Magic Wand— and It Sold Out
- Cash App's $25 NFC-enabled Magic Wand sold out shortly after its launch.
- The wand links to the Cash App Card and works on Visa's tap-to-pay network.
- Block plans more Cash App Tags this summer, including limited-edition drops.
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Should Investors Still Watch Crypto Amid AI IPOs, War Tensions, and $4 Billion ETF Exit?
- Bitwise CIO Matt Hougan says crypto has shifted from a momentum trade to a contrarian bet as AI stocks dominate investor attention
- Bitcoin is down 21% year to date as $4.21 billion exits crypto funds over three weeks amid US-Iran tensions
- Hyperliquid, BNB, Zcash and Stellar all gained in May while Bitcoin, Ethereum and Solana fell — signalling a rotation toward fundamentals
AI Has Cut More US Jobs in 2026 Than in All of 2025 Already
- AI drove 38,579 US job cuts in May, a record monthly total.
- The technology accounted for 40% of all May layoffs, up from 7%.
- FinTech firms, banks and more now cite AI as they cut staff.
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Crypto Exchanges Could Funnel $2 Trillion Into Stocks by 2031, Binance Research Says
- Crypto exchanges could channel $2T and 300M new investors into stocks by 2031.
- A bull case projects $5T in annual equity inflows from crypto within five years.
- Close to 93% of early Binance stock-trading users come from emerging markets.
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Best Unified Crypto Data APIs in 2026
Compare the best unified crypto data APIs in 2026. Wallet, portfolio, DeFi, market data, and AI-ready endpoints reviewed for developers and product teams.
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Iran Called for Lebanon Ceasefire and Got It: How Markets Have Moved
- Israel-Lebanon ceasefire (June 4) sent WTI crude down 3%+ to $92.87/barrel.
- Gold rose 1%+ to $4,475 as a weaker dollar made it cheaper for global buyers.
- Deal meets one Iran precondition, reviving hopes the Strait of Hormuz reopens.
Shadow Peptide Economy Tops $100 Million Run Rate on Crypto Rails
- Gray-market peptide crypto inflows crossed a $100 million annual run rate.
- Quarterly inflows jumped 159% to $32 million, capping six straight quarters of growth.
- Top wholesale vendors favor stablecoins to shield large orders from price swings.
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The FBI Made a Token to Catch Criminals. Crypto Bought It Anyway — 19x
A token built by the FBI to catch criminals just pumped 19x because I tweeted about it. Here’s what that says about a market that can’t tell a warning from a shill.
Bitcoin ETF Outflows Hit 13-Day Streak as $4.3 Billion Exits the Funds
- Spot Bitcoin ETFs logged 13 straight days of outflows, the longest streak ever recorded.
- Investors pulled $4.33 billion and 59,351 BTC from the funds since May 15.
- Ethereum ETFs set their own record with 17 consecutive outflow days.
