KuCoin has launched KCUSD, an Earn product offering daily yields backed by real-world assets. The product is available to eligible retail, high-net-worth, and institutional users and is designed to allow users to earn returns on otherwise idle stablecoin balances. KCUSD initially supports subscriptions starting at 1 USDT, USDC, or USDG, with no subscription fee and
Gold and Bitcoin (BTC) have rallied as investors increasingly embrace the so-called debasement trade, while the US dollar has weakened. The timing has drawn attention to the US Treasury’s decision to increase its long-term debt buybacks. But according to Alexander Lis, chief investment officer at SDV, investors risk confusing two very different things: a Treasury
Solana (SOL) has gained 44% over the past 30 days as buyers continue defending the psychologically important $100 level. The token rebounded strongly from this support, triggering a sharp increase in market activity. Trading volume rose 64% over 24 hours to $3.5 billion, representing almost 6% of Solana’s circulating market capitalization. The rebound indicates that
Apple is preparing for a closely watched product launch on Sept. 9, with the company expected to unveil the iPhone 18 Pro, iPhone 18 Pro Max, and its first foldable iPhone. The event will be the first major product launch overseen by new CEO John Ternus. The launch comes after the iPhone 17 lineup helped
Oracle is heading into its latest earnings report with investors focused on one central question: can the software giant’s rapidly expanding artificial intelligence infrastructure business grow fast enough to justify the enormous spending required to build it? The company, led by Larry Ellison, is scheduled to report quarterly results on Thursday in what could be
Broadcom is emerging as a major beneficiary of the rapid expansion in artificial intelligence infrastructure, with its AI semiconductor business posting strong growth and the company raising its long-term revenue outlook. The semiconductor and infrastructure software company expects AI revenue to reach $115 billion in fiscal 2027 and $230 billion in fiscal 2028, supported by
Apple (AAPL) stock fell about 2% on Friday as investors weighed reports that initial production of the company’s long-awaited foldable iPhone remains limited, raising concerns about whether Apple can meet demand when the device launches. According to a Nikkei Asia report, production of the foldable iPhone was running at only a few hundred units per
President Donald Trump renewed pressure on the Federal Reserve to lower interest rates after stronger-than-expected August jobs data increased expectations of a September rate hike. US employers added 162,000 jobs in August, sharply exceeding forecasts and keeping the unemployment rate at 4.1%. Gold prices fell as stronger labor data boosted expectations for higher interest rates
US stocks ended lower on Friday after stronger-than-expected August employment data increased expectations that the Federal Reserve could raise interest rates at its September meeting. The Dow Jones Industrial Average fell 0.5% or 279.20 points, while the S&P 500 declined 0.38% and the Nasdaq Composite lost 0.3%. The selling came ahead of the three-day Labor
SpaceX stock SPCX is heading toward another potentially volatile milestone next week, with hundreds of millions of additional shares set to become eligible for sale just as the company’s shares are regaining momentum and its artificial intelligence ambitions continue to attract bullish attention. The September 9 lockup expiry will mark the 90th trading day since