Russia’s Sberbank to launch crypto trading infrastructure this year
Russia’s biggest bank plans to create cryptocurrency trading infrastructure by Dec. 1 as the country is set to establish rules for market participants while…
The S&P 500’s earnings growth has gone bonkers thanks to one company
Markets are gearing up for the busiest week of secondquarter earnings season. Source:MarketWatch
Bitcoin OG selling eases as dormant BTC movement hits 4-year low: Thorn
Dormant Bitcoin activity fell to its lowest level since Q3 2022, suggesting longterm holders have slowed distribution after heavy profittaking.…
There’s a technical ‘triple threat’ for stocks, but also places investors can hide
Treasury yields and oil prices surged, and the dollar confirmed the breakout toward a longerterm uptrend, to push the S&P 500 below key chart support.…
U.S. regulator warns prediction markets against cutting corners in event contracts
The Commodity Futures Trading Commission again issued an advisory that signals firms have been straying into cookiecutter selfcertification. Source:CoinDesk
The Treasury market is sending Fed Chair Kevin Warsh a clear warning about rates
Rising Treasury yields show how “enormously worried” the market is about inflation — and whether the Fed will back up its tough talk with action…
Shiba Inu surges 36% as South Korean traders fuel mystery rally
The rally has no announcement behind it, other dog tokens haven't matched it, and Korean venues are carrying the volume. Source:CoinDesk
Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%
Users have a month to close trades and six months to withdraw, and the exchange gave no specific reason for closing. Source:CoinDesk
Robinhood in talks with Crypto.com over prediction markets: WSJ
While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly considering expanding…
‘Time will tell whether that was a good bet’: My adviser got me a full SpaceX IPO allocation. Was I lucky?
“Investors frequently receive only a small fraction of the shares they request — if they receive any at all.” Source:MarketWatch
SpaceX isn’t the wireless threat that investors fear — unless someone breaks this unspoken agreement
It would likely be too expensive and timeconsuming for SpaceX to build a mobile network on its own. But the major wireless carriers have to hope one of their…
Fidelity joins push for Senate passage of CLARITY Act
Fidelity called on the US Senate to pass the CLARITY Act, joining industry groups and crypto firms pushing for market structure legislation.…