Bitcoin rose above $77,000 as calls to slow AI development hit technology shares, while rising oil prices added to market pressure. www.coindesk.com
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Markets
AMC CEO tells Robinhood to stop issuing stock token as industry executives weigh in
by shayaanby shayaanAdam Aron said synthetic AMC shares could divert demand from the actual stock and strip investors of shareholder rights, drawing support from …
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Markets
New Jersey becomes first state to ask Supreme Court to weigh in on prediction markets
by shayaanby shayaanAfter multiple appeals courts ruled differently about whether states can crack down on prediction markets’ sports products, New Jersey asked SCOTUS to …
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In brief Bitcoin climbed above $72,000 Thursday after gaining nearly 15% since Monday. Analysts pointed to Treasury bond purchases, policy headlines, and …
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Top cryptocurrencies nurse losses as regulatory picture sours. ETF flows and traditional markets offer little support. www.coindesk.com
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The US derivatives debate just moved into a much more important phase. The Securities and Exchange Commission and the Commodity Futures Trading …
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Finance
ECB signals June policy showdown as markets weigh rate hike vs hold scenario
by shayaanby shayaanA member of the European Central Bank Governing Council has indicated that the upcoming June meeting will determine whether interest rates are …
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Aave had an especially steep drop in the past 24 hours, down 11% to trade at $90.25. That decline was more pronounced …
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The city council of Haverhill, Massachusetts is set to consider a ban on cryptocurrency ATMs following a proposal for an ordinance introduced …
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Finance
Citigroup said to weigh acquisition of US regional bank to strengthen deposits and lending
by shayaanby shayaanCitigroup, a key player in global finance, is weighing a potential acquisition of a US regional bank or brokerage to boost deposits, …