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A mixed batch of economic data failed to stop the S&P 500 from pushing within a striking distance of a record high, with Treasury yields falling alongside the dollar amid growing bets on Federal Reserve rate cuts.

Bill Pulte, who leads the Federal Housing Finance Agency, ordered Fannie Mae and Freddie Mac to propose ways to consider cryptocurrencies when the entities assess risk for mortgage loans.

World Liberty Financial Inc., the Trump family affiliated decentralized finance platform, is getting a "lot of interest" from public companies wanting to use its token as a treasury asset, according to co-founder Zak Folkman.

Kalshi Inc., a prediction market that competes with Polymarket, said it has raised $185 million at a valuation of $2 billion. Paradigm, a venture capital firm focused on cryptocurrency investments, is leading the deal.

A former Blackstone Inc. dealmaker and a co-founder of stablecoin giant Tether Holdings SA are teaming up to raise $1 billion for a listed crypto vehicle that aims to hoard a portfolio of digital assets.

SoFi Technologies Inc. plans to offer crypto spot trading and global remittances to benefit from an ease-up in regulations under the Trump administration.

On Valentine's Day, El Salvador-based crypto firm Tether announced it has become an investor in Juventus, one of Italy's most distinguished football clubs. Four months later, the relationship is not going well.

China is launching a sweeping campaign to promote the yuan's global role, seizing what officials see as a rare strategic opening.

Crypto custody firm BitGo Inc. has seen its assets under custody soar from $60 billion to $100 billion in the first half of 2025, Abel Seow, managing director for Asia-Pacific at the firm said in an interview.

The Trump Organization paid off the roughly $114 million outstanding mortgage on its 40 Wall Street skyscraper in Manhattan, erasing one of the president's biggest debts.