Wall Street has spent weeks trying to make peace with the great bond selloff. Friday offered some short-lived relief — along with a warning about the damage from stubbornly high yields across investment strategies of all stripes.

Wall Street spent another week watching yields hit multi-decade highs, oil hold above $100 and the case for tighter Federal Reserve policy harden. Once again, risk assets refused to break.

The list of challenges confronting Wall Street piled up this week. Oil firmly above $100. Inflation refusing to disappear. A defiant bond market that all but dared Scott Bessent to bring more policy firepower.

Rob Arnott has sold the index business that helped make him famous. Now he’s using the $30 billion money-management business he kept to push deeper into active investing.

Bitcoin has spent months mired in a slump that has driven out retail traders, drained billions from crypto funds and turned one of its biggest buyers into a seller. Now, investors searching for signs of a bottom are getting a modicum of relief from an old source: Bitcoin whales are buying again.

Crypto firm Bitwise Asset Management Inc. has let go about 14% of its workforce during a prolonged slump in digital-asset prices.

Michael Saylor’s Strategy Inc. is plowing ahead with its pivot from relentlessly buying Bitcoin to focusing on shoring up its capital structure by raising its reserve via sales of the token and its own shares.

Crypto markets are stirring after months of listless trading on signs that Washington is moving toward a clearer rulebook for digital assets.

A surprise breakthrough from Chinese startup Moonshot rippled through global markets Friday, sending AI and semiconductor stocks sharply lower and reviving memories of last year’s so-called DeepSeek moment. It was the latest reminder that markets are being reshaped at extraordinary speed and that assumptions about tomorrow’s winners can change almost overnight.

Visa Inc. unveiled a platform that lets financial firms issue, move and manage stablecoins, broadening the payments giant’s crypto offerings as banks and fintechs prepare for wider adoption of the digital tokens.

A Cantor Fitzgerald-backed blank-check company and Adam Back’s Bitcoin investment company scrapped the original terms of their planned merger and will negotiate a revised deal, as a tougher market for crypto challenges Bitcoin treasury companies.

Bitcoin’s latest retreat has been so severe, it has pushed more than half its circulating supply into loss-making territory.

The easiest way to understand crypto used to be to look at Bitcoin.

Mega-IPO candidates including SpaceX are expected to face a long road to entry to the S&P 500 Index, after the company that makes the rules rejected a proposal that included relaxing the requirement that they be profitable.

Bitcoin has fallen 36% over the past year and slipped below $70,000 this week, extending a retreat that is undermining several of the arguments that helped carry the cryptocurrency into the financial mainstream.

Bitcoin briefly fell below $73,000 despite a fresh push from Donald Trump for the CLARITY Act, suggesting pro-crypto messaging from  Washington is losing its ability to drive gains in digital assets.

Retail bettors made Kalshi worth more than $20 billion. Until Thursday, none of them could own a piece of it.

Bitcoin’s bad stretch of ETF outflows has exposed an uncomfortable dynamic in the crypto market’s structure: the price level that should draw buyers back in is the one that also prompts some of the heaviest selling.

Kalshi Inc. is raising an additional $200 million, broadening a funding round that had already brought in $1 billion, according to a person familiar with the situation.

A selloff in risker assets like stocks swept up cryptocurrencies as concerns over inflation and high oil prices rattle jittery investors.