Big crypto wants the one thing it can’t buy: your vote
Our loyalty has been to the technology. This election, the trap is to let the biggest intermediaries claim it for themselves, argues Berkeley Law lecturer…
The stock market has gone nowhere for the past 5 months. It’s now looking like a bargain.
The S&P 500’s forward pricetoearnings ratio is below its fiveyear and 10year averages. Source:MarketWatch
Crypto investigators flag suspected $106M theft, $786K Solana bot drain
A European entity may have lost $106 million from exchange accounts, while a wallet associated with a Solana arbitrage bot may have lost another $786,000.…
Palantir earnings reveal a major AI turning point
The U.S. commercial business brought in more money than the U.S. government segment in the third quarter. Source:MarketWatch
Chip stocks are suffering from a ‘crisis of confidence’ — but things aren’t as gloomy as they seem
Investors are worried about whether there will be sustained demand for chips, but one analyst notes that large tech companies are still spending heavily.…
Coinbase hit with 50% price target cut as post-earnings rout deepens
Slowing trading activity and fallout from the Binance hack are clouding Coinbase’s revenue prospects, prompting Morgan Stanley to lower its rating on the…
Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally
Bitcoin fell around 1.7% on Monday as stocks pared early gains fueled by hopes of a diplomatic resolution to the USIran war. Source:Cointelegraph
How soon gas prices could go down now that oil is tumbling
Retail gas prices dropped to $4.12 a gallon on Monday, as U.S. oil prices fell below $100 a barrel. Source:MarketWatch
Mercado Bitcoin wallets keep moving funds after $46M hack
Brazil’s exchange Mercado Bitcoin paused deposits and withdrawals after a security breach, saying customer funds and data were safe. Source:Cointelegraph
It may take weeks to tally the midterm election results. Here’s why Wall Street isn’t worried.
It’s crucial to distinguish economic from political uncertainty, because only one really moves the stock market. Source:MarketWatch
Bitcoin traders eye post-election rally as exchange outflows point to supply squeeze
Bulls are watching short positions, exchange withdrawals and key price levels for signs of a rebound after the midterms. Source:CoinDesk
The bond-market rally is defying the typical investing playbook. Here’s why.
The U.S. economy expanded at its fastest clip in over five years during the third quarter, according to the Commerce Department’s initial reading on GDP. Yet…