Alleged $165M crypto Ponzi mastermind faces US charges after Fiji deportation
Prosecutors allege Edward Zimbardi collected crypto from thousands of investors, lost over $34 million on currency trades and spent at least $10 million…
‘Fabricated rumors’ about BitMart founder, Binance bStocks dominate: Asia Express
Binance’s bStocks are the second largest tokenized stock issuer just two months after launch, and BitMart’s internal feud erupts into the spotlight ahead of…
Why this popular Treasury-bond ETF is trading at its lowest since 2004
One of the most heavilytraded ETFs tracking performance in the U.S. Treasury market has just fallen to its lowest level in over 20 years. Source:MarketWatch
Kraken parent Payward joins Anthropic’s Project Glasswing for AI security push
Payward will use Anthropic’s cybersecurity model to hunt vulnerabilities and share opensource findings. Source:CoinDesk
There’s a 49% chance the Dow will finish this year up double digits. Here’s why.
We’ve seen three years in a row of doubledigit gains. Will there be a fourth? Source:MarketWatch
OCC approves Trump family crypto company for trust charter
The US financial regulator gave conditional approval for World Liberty Financial’s charter bid as ten Democrats signed onto a bill to “prevent corruption in…
The number of ‘negative-beta’ stocks in the S&P 500 just hit a new record high. What that means for investors.
Here’s another factoid that should get the AI bears excited: Stocks in the S&P 500 are increasingly trading in opposite directions on a given day. That means…
A new set of Trump tariffs for Canada could take effect Wednesday. Here’s what’s at stake.
New 50% import taxes could hit liquor, hockey gear and wood products like particle board. Source:MarketWatch
Why it pays to stay invested: No amount of bad news could stop the stock market’s strongest run in more than 25 years
Bull markets climb a wall of worry, as the old saying goes. The past six years have tested just how high that wall can get. Source:MarketWatch
SpaceX’s stock is rising, and that’s a good sign for Nvidia and Google
Some big names saw sizable paper gains on their SpaceX stakes when the stock went public, but trading has been volatile since then. Source:MarketWatch
Saylor says share buyback isn’t priority as Strategy builds $4.8 billion cash reserve
Strategy is prioritizing STRC, cash reserves, and its credit business over stock buybacks, Executive Chairman Michael Saylor said Monday. Source:CoinDesk
Binance to plan UK relaunch with FCA license application: Report
Binance’s UK arm has been barred from offering regulated activities in the country since June 2021, but the company will reportedly move to secure licensing…