Mediocre 2Y Auction Prices At Highest Yield Since Feb 2025

EU Watchdog EBA Details Big Crypto Fines As Landmark Laws Bite Authored by Robert Lakin via CoinTelegraph.com, The European Banking Authority on Friday unveiled a sweeping framework to penalize cryptocurrency issuers that violate the European Union’s digital-asset laws, signaling a tougher enforcement stance as the trade bloc finalizes its historic regulatory architecture. The consultation paper published June 26 establishes a standardized playbook for hitting non-compliant issuers of what the EBA considers “significant” tokens with potentially multimillion-euro penalties. Under the proposal, the Paris-based watchdog will deploy a strict two-step process to determine fines, assessing the...

Priced Beyond Perfection: Samsung Electronics Tumbles As Soaring Profit Not Good Enough The memory bubble appears to be rapidly deflating. After the semiconductor/memory sector was walloped in Monday US trading without any clear negative catalyst, the semiconductor-chasing world was eagerly waiting to hear what Samsung - the world’s largest memory maker - would report in its preliminary Q2 earnings report as investors sought to justify sky-high investments and valuations around AI. In the end, it was not good enough, and the stock is down 5% at last check.  Samsung Electronics’s quarterly profit surged...

What Does The End Of OPEC Mean For The Iran War And Global Energy Prices? Did the UAE just trigger a once in a century shift in global energy markets?  The United Arab Emirates on Tuesday said it was quitting OPEC by May 1st after 60 years as a member, dealing a blow to the cartel ​as the Iran war exposes discord among Gulf nations and Iran. The exit of the UAE, one of the group's biggest producers with 15% of total exports, weakens ‌OPEC's control over global oil supplies and widens...