by Michael
Key TakeawaysMorpho raised $175M from Paradigm, A16z Crypto, and Ribbit at a $2B valuation.Morpho’s $6.6B TVL highlights rising institutional demand for DeFi lending.Paul Frambot aims to scale Morpho from crypto markets to Wall Street finance. Morpho Targets...
by Michael
Key TakeawaysNew York hotels avoided a strike; union pay rises 50%, with $61/hour targeted by 2034.Manhattan room rates near $500-$600 could climb another 50%-60% as costs increase.Bank of America data signals softer travel demand ahead of the 2026 World Cup. New York...
by Michael
Key TakeawaysOn June 9, Masspay expanded its integration with Circle to allow automated, digital asset-free stablecoin payments.The alliance targets fintechs and B2B enterprises to scale 100% compliant, programmable cross-border payments.Legacy platforms face pressure...
by Michael
Key TakeawaysWintermute said exchange-traded fund (ETF) outflows, not Strategy’s 32 BTC sale, drove bitcoin below $62,000.U.S. spot Bitcoin ETFs lost $2.97B in 10 days, signaling weaker institutional demand.Wintermute sees accumulation near $62K but says fresh inflows...
by Michael
Key TakeawaysSpaceX’s IPO could reveal whether investors still trust massive private-market valuations.Devere says the hardest test begins after the stock starts trading publicly.Weak results could pressure other high-profile technology valuations tied to AI... Translate »