Live updates: Market nervousness persists as the AI selloff deepens
Market jitters persist as the AI selloff deepens
Market jitters persist as the AI selloff deepens. South Korea’s KOSPI fell almost 4%, accompanied by one of the weakest IPO debuts in the country’s history, with data centre company Elice tumbling around 30%.
The weakness carried into U.S. pre-market trading, with CoreWeave (CRWV) down 4%, Cipher Digital CIFR falling 2% and IREN IREN losing 3%. The Invesco QQQ ETF also traded lower, reflecting broader pressure on technology stocks.
Bitcoin edged lower over the past 24 hours but held above $81,000, while gold slipped almost 1% to just above $4,110 an ounce. Brent and WTI crude oil each climbed a further 2%.
Long-dated U.S. Treasuries appear to be attracting defensive flows, with the iShares 20+ Year Treasury Bond ETF (TLT) rising 0.5%.
- 1Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protection35 minutes ago
- 2South Korean IPO slump adds to AI market jitters as Brent crude tops $1111 hour ago
- 3Bitcoin ETFs just saw their biggest day in a month thanks entirely to BlackRock2 hours ago
- 4Tether: Senator's investigation misses positive work that's led to lower Iran volumes14 hours ago
- 5U.S. CFTC rebuffs CME legal stance in consequential fight over perpetual futures18 hours ago
- 6Zerohash rolls out a new tool to move crypto without copying wallet addresses19 hours ago
- 7Cardano founder Charles Hoskinson is building a new programming language for the network22 hours ago
- 8Strategy's price chart is about to flash a major bullish signal weeks after bitcoin did23 hours ago
- 9Live updates: Bitcoin holds near $82,000 as Nasdaq rebounds more than 1%23 hours ago
- 10Bitcoin extends bounce above $82,000 as stocks rebound, DeFi tokens lead altcoin gains1 day ago
Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins
Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protection
South Korean IPO slump adds to AI market jitters as Brent crude tops $111
Live updates: Bitcoin holds near $82,000 as Nasdaq rebounds more than 1%
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