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Conflux (CFX) surged 115% after announcing an offshore-yuan-pegged stablecoin and the upcoming Conflux 3.0 upgrade. The 24-hour trading volume soared to $1.7 billion, attracting renewed interest from Asian traders and enhancing its market position.

Block, co-founded by Jack Dorsey, saw a nearly 10% share rise after being added to the S&P 500, underscoring its influence in fintech. This transition boosts institutional interest and signals the growing mainstream adoption of digital payment solutions.

Key Points
XRP is getting picked up by organizations with a lot of capital on hand.
Chainlink could soon experience the same big tailwind.
These two coins aren't necessarily in competition with each other.
10 stocks we like better than XRP ›
There's plenty of growth in the crypto sector, so i

Good Morning, Asia. Here's what's making news in the markets:
Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.

Bitcoin is trading at

SharpLink Gaming and Bitmine Immersion Technologies are leading a trend of corporations treating ETH as a core asset, amassing large holdings. Together, they've acquired more ETH than the Ethereum Foundation, with strategies focused on staking for yield and shifting the dynamics of ETH's market.

Ethena's token ENA surged 20% to over $0.50 as the DeFi protocol attracted $750 million in inflows amid a crypto rally. The protocol offers high yields, driven by positive funding rates, benefiting from its synthetic dollar, USDe.

Ethereum's ether (ETH) has surged nearly 6% to over $3,800, driven by significant institutional investments and record inflows to spot ether ETFs. Analysts predict potential price increases, with Tom Lee suggesting a target of $15,000.

Wall Street has long mastered the creative art of turning complexity into a money-printing machine. How do they do it? Financial engineering — an art of structuring debt, equity, and derivatives to squeeze out returns in ways that often defy convention.
It’s a playbook that made fortunes — and

Key Points
IonQ is far from profitability, but its trapped-ion technology is unique among quantum computing companies.
IBM has released several powerful quantum computers and plans to invest $30 billion in its quantum program.
10 stocks we like better than IonQ ›
Quantum computing could be

Key Points
There's a lot to like about SoFi right now, including its loan platform business and the return of crypto trading.
Home lending is not a big part of SoFi's business, but it's growing quickly and could be a massive long-term opportunity.
Not only could mortgage volume soar, but

A lot of companies that are not in the banking business are suddenly applying for new US banking charters, from automakers General Motors (GM) and Stellantis (STLA) to cryptocurrency firms Circle (CRCL) and Ripple (RIPL.PVT).
Banks, not surprisingly, aren't happy about any of this.
Their fear is t

Key Points
Robinhood has grown rapidly over the past few years.
Its ecosystem is expanding and economies of scale are kicking in.
It still looks reasonably valued relative to its growth potential.
10 stocks we like better than Robinhood Markets ›
Robinhood's (NASDAQ: HOOD) stock has soared

Key Points
Solana could draw in more developers with the speed of its transactions.
Cardano's recent ecosystem upgrades could make it a lot more useful.
XRP could gain momentum as a bridge currency for cross-border transfers.
10 stocks we like better than Solana ›
Many investors flocked

The Social Security Administration is introducing digital Social Security cards this summer, offering easier access and enhanced fraud monitoring. However, concerns exist about cyber risks and accessibility for certain populations. Experts recommend keeping the physical card as backup.

Key Points
XRP is seeing good uptake among banks and large investing groups.
Strategy's unique approach to buying Bitcoin is delivering leveraged returns.
One of these assets is more likely to keep you up at night than the other.
10 stocks we like better than XRP ›
XRP (CRYPTO: XRP) and

Key Points
Rigetti Computing is a pure-play quantum computing investment.
Investors must understand the risks associated with investing in Rigetti.
A massive quantum computing market is expected to emerge by 2030.
10 stocks we like better than Rigetti Computing ›
Quantum computing is an

Bernstein analysts believe OpenAI's checkout integration in ChatGPT signals a transformative shift in online commerce, potentially boosting retail e-commerce growth by 1.5 to 2.5 percentage points. This development, termed “Agentic commerce,” could change shopping dynamics and benefit payment processors.