Last week saw digital asset funds attract a staggering $3.7 billion of inflows—the second-highest weekly total on record—according to CoinShares . This marks the 13th consecutive week of positive flows, pushing total assets under management (AUM) across crypto investment products to an all-time high of $211 billion . 🔍 Highlights by Asset 🌍 Regional Distribution and Trading…
Setting the SceneLoro Piana, LVMH’s cashmere jewel, has been placed under judicial administration in Milan for a year after a court uncovered serious labor abuses in its production chain . This follows similar actions taken against several other Italian luxury houses. Severe Labor ViolationsThe court found that contractors—managed via two shell companies—operated Chinese‑owned workshops in Italy…
Bitcoin recently soared past $120,000, reaching intraday highs of $122,404, fueled by a wave of enthusiasm around proposed U.S. crypto legislation. This surge came at the start of “crypto week” in Congress, where bills like the Genius Act and Digital Asset Market Clarity Act promise regulatory clarity for stablecoins, digital assets, and oversight boundaries for…
Overview & ContextInvestment banking—the engine of Wall Street advisory revenue—is enduring its bleakest streak since at least 2014. For the 14th consecutive quarter, it is contributing less than 25 percent of total revenues at the five largest U.S. banks: JPMorgan, Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley. During the same period, trading revenue has…
1. A Bold Hire from Madison AvenueIn mid-2023, Linda Yaccarino arrived at X with a mission: repair advertising relationships shattered during the chaos of Elon Musk’s takeover. The former NBCUniversal ad chief—dubbed the “Velvet Hammer”—brought gravitas and a robust brand network to the embattled platform . 2. Reviving Ad RevenueUnder her leadership, X welcomed back…
Crypto in India is entering its next phase of maturity—and the recent exchange of allegations between CoinDCX and WazirX brings regulatory transparency into sharp focus. 🚨 Allegations Raised WazirX filed affidavits in Singapore, asserting that CoinDCX transferred customer assets to a Lithuania-based entity that did not secure FIU approval until February 2025—raising concerns over possible…
Body In today’s shifting media landscape, advertisers are deploying a strikingly personal lobbying tactic: placing ads on Fox News to reach a single person—Donald Trump. As Fox Corp’s head of ad sales Jeff Collins explained, “advertisers flock to Fox seeking an ‘audience of one’… we’re seeing quite a bit of demand for that.” 1. A…
The U.S. crypto landscape is evolving rapidly—leading companies are now pursuing national trust bank charters, signaling a strategic shift toward traditional financial integration. Why it matters:The move toward federal charters marks a departure from the libertarian ethos that once defined crypto. Firms like Circle, Ripple, BitGo—and even Anchorage Digital, which already holds a federal charter—are…
The S&P 500’s 30% rally since April has lulled markets into a false sense of security, but senior bankers and investors are sounding alarms about an impending shock as President Trump doubles down on aggressive tariff policies. With new levies targeting Brazil, Japan, and Canada potentially exceeding 50%, Wall Street’s complacency faces a brutal reality…
Christian Horner’s unceremonious exit from Red Bull Racing marks the end of an era in Formula 1. The man who transformed a fledgling team into a dominant force was abruptly “released from operational duties” this week, leaving the paddock stunned. His departure reveals a story of ruthless corporate politics, fading performance, and the inevitable decline…
