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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.
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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.
Yamaha Shares Explode 13% on Record H1 Results, Defying Japan’s Market Crisis
- Yamaha Motor shares surged 13.40% on Tuesday, closing at 1,511 yen ($9.62).
- Revenue reached 1.498 trillion yen ($9.54 billion) up 17.2% year-over-year.
- The Nikkei 225 advanced 0.32% as Japanese markets slowly recover from currency intervention.
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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
AI Chip Costs Force Xbox to Raise Prices After PlayStation as GTA VI Release Looms
- Microsoft hiked Xbox Series X price by $150 to $749, citing soaring memory costs.
- Sony raised PlayStation 5 price by $100 to $649.99 in March this year.
- AI data centers are driving RAM and NAND prices higher industrywide.
FBI Agent Charged With $1 Million Crypto Theft — The Crime His Own Bureau Polices
- Patrick Yaroch, a supervisory FBI agent, faces charges over $1 million in stolen crypto.
- Prosecutors say he used classified access to drain wallets tied to foreign targets.
- ChatGPT logs reportedly show him researching European relocation before his arrest.
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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.
Hugging Face CEO Says China Now Winning the AI Race After OpenAI Hack
- Hugging Face CEO Clement Delangue says China now dominates open AI models.
- OpenAI's rogue agent hacked Hugging Face last month during a security test.
- Delangue warns closed door AI development risks leaving US developers behind.
