Binance Bitcoin volume ratio hits record as futures outweigh spot eight times over
Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion. Source:Cointelegraph
Kevin O’Leary, aka ‘Mr. Wonderful,’ on crypto, winning in AI and 3 things all business owners must know
What Kevin O’Leary learned from Steve Jobs: You only need to get three things done every day. Just three. Source:MarketWatch
How S&P 500 options action may help explain volatility in memory stocks
Bullish derivative bets mesh with the buythedip mentality, says IBKR’s Sosnick Source:MarketWatch
There are good reasons why higher bond yields are here to stay, this strategist says
Investors are demanding higher rates when they buy longduration bonds because there is less demand, higher supply and a hot mess of policy uncertainty,…
Coldcard fallout shows up onchain as 210,000 bitcoin leaves old wallets
Roughly 200,000 bitcoin have moved from longterm holder wallets in the past week, suggesting a possible shift in custody rather than conventional selling…
Crypto market maker Wintermute lands SEC approval to trade equities and ETF blocks
The crypto market maker can now trade US stocks and options and support ETFs as crypto moves closer to traditional markets. Source:CoinDesk
Crypto market maker Wintermute launches US broker-dealer
Wintermute said the registration allows the firm to position itself for the growth of tokenized securities in the US. Source:Cointelegraph
Sweetgreen recalls jalapenos, details how cyclospora outbreak will weigh on sales
The salad chain’s shares tumbled after hours, but it said it doesn’t use iceberg lettuce and only uses jalapenos in two dressings. Source:MarketWatch
As Alphabet burns through cash on AI, it’s turning back to the bond market
Alphabet is utilizing its balance sheet with a fresh debt issuance as heavy AI investments eat into its free cash flow. Source:MarketWatch
AppLovin’s AI stumbles send the stock sliding toward its worst day in over a year
The software company also came up short on expectations for revenue in the latest quarter. Source:MarketWatch
US appellate court mandate affirms Sam Bankman-Fried conviction
Three circuit judges disputed the former FTX CEO’s claims that the defunct crypto exchange’s investors could have been made whole and wouldn’t have experienced…
US Senate will vote on CLARITY crypto bill ‘without any question’ this week: Tim Scott
The South Carolina lawmaker who heads the Senate Banking Committee said that the majority leader still had time to put the crypto bill on the agenda despite…