HSBC raises S&P 500 target to 7,650 as Wall Street bets big on AI-driven earnings

The S&P 500's surge highlights potential shifts in investment strategies, questioning crypto's role and prompting reevaluation of asset diversification. The post S&P 500 hits new all-time high as $9.6 trillion rally raises questions for crypto appeared first on Crypto Briefing.

The post Corpay adds stablecoin wallets via BVNK deal appeared on BitcoinEthereumNews.com. Corpay has launched stablecoin wallets for its 800,000 business clients through a new partnership with BVNK. Summary Corpay’s integration with BVNK lets clients hold, send, receive, and convert stablecoins alongside fiat balances inside its platform. The S&P 500 firm processes over $12 billion in corporate payments and $26 billion in FX volume monthly across 145 currencies. Corpay will also integrate stablecoin rails into its own treasury operations to reduce reliance on pre-funded accounts. Corpay (NYSE: CPAY) has announced a partnership with stablecoin infrastructure platform BVNK to provide embedded stablecoin wallets and settlement capabilities to its global client base. Clients can now view stablecoin balances alongside fiat inside Corpay’s platform and access payment rails that operate beyond traditional banking hours. Corpay serves more than 800,000 clients worldwide, processing over $12 b

The post Why the economy, and Trump, can't take Iran war shocks anymore appeared on BitcoinEthereumNews.com. Four months into the war in Iran, the U.S. economy is still on its feet, but the ground beneath it is shifting fast, and both Wall Street and Washington are starting to feel it. Goldman Sachs chief economist Jan Hatzius said Monday that the global economy is holding together, describing its condition as “bending, not breaking.” His note had questions many investors are already asking. Why is the stock market performing well if the mood among market participant is extremely negative. Hatzius has given three reasons for market’s split behavior. Since countries had stockpiled oil ahead of the war, the prives didn’t reach where the anxieties were. It did cause shortage of products like jet fuel, but Hatzius mentioned it as “relatively painless” as airlines trimmed schedules on lower priority routes. Secondly AI boom with massive spending kept the investors distracted with confidence

Market volatility underscores investor anxiety over AI profitability, geopolitical tensions, and mixed tech earnings, impacting future confidence. The post US stocks open lower as Dow, S&P 500, and NASDAQ all slide into the red appeared first on Crypto Briefing.

Circle shares surged as analysts pointed to expanding stablecoin use cases and forecast significant upside as USDC adoption continues to gain traction.

21Shares will launch its Hyperliquid ETF as HYPE more than doubles from January lows and issuers race for spot exposure. The post 21Shares to launch HYPE ETF tomorrow as Hyperliquid gains Wall Street access appeared first on Crypto Briefing.

While American bankers, lawmakers, stablecoin issuers, and crypto exchanges trade barbs, Circle investors appear entirely unbothered. Circle Internet Group (NYSE: CRCL) closed roughly 16% higher on Monday at Wall Street’s close, after the stablecoin issuer announced a $222 million pre-launch token sale for its new layer-one (L1) blockchain project, Arc, backed by Blackrock, A16z, Apollo, […]

This high-profile delegation could strengthen US-China economic ties, potentially easing trade tensions and fostering mutual investments. The post Trump takes Elon Musk, Tim Cook and Wall Street chiefs to China in bid to unlock business deals appeared first on Crypto Briefing.