U.S. stocks extended their retreat with tech-led declines and valuation worries sending the major averages sharply lower. Futures were subdued after the close, while Europe pulled back from recent highs as risk appetite faded ahead of fresh macro data and ongoing Fed uncertainty.
Source: SeekingAlpha
Fed’s Kashkari says he didn’t support the last rate cut; December path still open
Minneapolis Fed President Neel Kashkari said he did not back the most recent rate cut and remains undecided about another move in December. The remarks underscore internal divisions and keep policy optionality alive as officials balance cooling inflation with fragile market sentiment.
Source: SeekingAlpha
Crypto rout intensifies: Bitcoin ETFs see $870M in outflows as BTC hits 6‑month low
Spot bitcoin ETFs posted about $870 million in net outflows, compounding pressure as bitcoin slid into bear‑market territory to a six‑month low. The withdrawals and price break exacerbate risk‑off positioning across digital assets amid thinner liquidity and fading rate‑cut hopes.
Source: SeekingAlpha
Oil rallies after major Ukraine drone strike exposes Russian crude vulnerabilities
Crude prices jumped after a large drone attack in Russia highlighted the fragility of key supply routes. The geopolitical jolt tightens near‑term balances and could complicate the inflation outlook if energy costs remain elevated.
Source: SeekingAlpha
Euronext wins final approvals to acquire Athens Stock Exchange
Greece’s regulators cleared Euronext’s all‑share takeover of the Athens Stock Exchange, removing the last major condition for the deal. The acquisition extends Euronext’s integrated trading and clearing network into southeastern Europe and sets up ATHEX for migration to Euronext’s Optiq and clearing systems.
Source: FinanceFeeds
FDIC readies guidance for tokenized deposits and advances stablecoin oversight
The FDIC is preparing formal guidance to ensure tokenized bank deposits receive the same insurance treatment as traditional deposits, alongside a planned application regime for stablecoin issuers. The move would clarify capital, reserve, and risk standards and marks a notable step toward integrating blockchain rails with the U.S. banking system.
Source: FinanceFeeds
Mastercard opens stablecoin payout rails via Thunes, following Visa’s push
Mastercard will enable direct payouts into regulated stablecoin wallets through Thunes’ global network, allowing near‑instant, 24/7 disbursements alongside cards and bank accounts. The launch signals that tokenized dollars are moving from pilots to commercial money‑movement infrastructure for gig workers, creators, and cross‑border SMEs.
Source: FinanceFeeds
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