
Goldman: Nearly Half of S&P 500 Stocks Show Negative Beta
A Goldman Sachs note reveals that about 45% of S&P 500 stocks have a negative three-month beta, highlighting extreme market divergence driven by mega-cap concentration.
The latest in digital assets, markets and regulation.

A Goldman Sachs note reveals that about 45% of S&P 500 stocks have a negative three-month beta, highlighting extreme market divergence driven by mega-cap concentration.

Franklin Templeton and Bybit launched a program allowing institutional investors to use tokenized money market fund shares as collateral for stablecoin credit lines.

Defend American Jobs, a crypto-aligned PAC, filed for $11.4 million in ads supporting Jon Husted and opposing Democrat Sherrod Brown.

Corporate bitcoin holders Strategy and Strive purchased a combined 2,773 coins for $232.5 million last week, continuing accumulation despite significant share price declines.

Breez SDK now allows users to receive USDT and USDC from over 30 networks, converting them automatically into bitcoin or stable balances.

ESMA Chair Verena Ross announced a strategic pivot from rulemaking to active supervision, prioritizing operational resilience and outsourcing risks for crypto firms.

Bitget CEO Gracy Chen attributed the exchange's recent $388 million loss to a third-party security product vulnerability that granted attackers high-level internal credentials.

Trezor released the Safe 7 hardware wallet featuring a 20-word SLIP-39 backup standard, Bluetooth connectivity, and dual firmware options for Bitcoin-only and multi-coin users.

The CoinMarketCap Altcoin Season Index rose to 64, driven by gains in DeFi and AI tokens, while traders show selective participation favoring utility over speculation.

Strategy acquired 1,665 BTC for $142.7 million, raising its total holdings to a record 847,666 BTC while repurchasing preferred stock.

Michael Saylor’s Strategy purchased 1,665 Bitcoin for $142.7 million last week, raising its total holdings to 847,666 BTC while funding the acquisition through common share sales.

The SEC’s Division of Corporation Finance updated its crypto FAQs to state that announcing token buybacks for functional networks does not constitute a promise of essential managerial efforts.