HTX agrees to halt unlawful UK crypto promotions after FCA case
HTX has pledged to stop crypto marketing in the UK until October 2031, with deposits and new account registrations already blocked there. Source:Cointelegraph
It’s the strangest job market the U.S. has ever seen. The low-hire, low-fire economy turns 3 years old.
America has always been a jobcreating machine. It has broken down for three straight years, and the implications could be with us for a long time.…
You can’t rely on the S&P 500 as much as you may think
The index’s weakness may surprise a generation of investors raised on the cult of “stocks always go up.” Source:MarketWatch
Lilly raises outlook for third time this year as Zepbound sales soar
The GLP1 drug continues to dominate the market for prescription weightloss drugs in the U.S. Source:MarketWatch
Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump
Bitcoin fell 1.4% since midnight UTC to around $80,100 as disappointing reports from Samsung and Alphabet weighed on tech stocks. The Fed’s preferred inflation…
NYSE owner takes steps to bring Hyperliquid perpetual futures to U.S.
The planned ICE[XYZ] venue would offer 24/7 perpetual futures on stocks, commodities and crypto, pending CFTC approval. ICE is investing in Trade[XYZ].…
The Fed held off on a rate hike. Today’s GDP and inflation reports could make waiting harder.
GDP and inflation figures arrive together at 8:30 a.m. Eastern time. Strong growth and persistent price pressures could strengthen the case for an interestrate…
Medicare used AI to pre-approve patient care, and it immediately led to a large drop in medical services
Medicare is testing the use of AI to conduct prior authorizations to target wasteful medical spending Source:MarketWatch
Cathie Wood’s ARK buys the dip on Robinhood in its largest purchase in 6 months after 23% slump
HOOD fell 3.3% on Wednesday, broadening its onemonth decline to more than 23%. Source:CoinDesk
Bitcoin long-term resistance in focus as analysis sees selling risk above $85K
BTC price analysis from Glassnode drew attention to $85,000 as the lower boundary of a costbasis zone for longterm holders. Source:Cointelegraph
Solana wallet Solflare pledges to pay missed rewards on staked $160 million after validator goes offline
About 1.56 million SOL sat on a validator that stopped earning, and the wallet still hasn’t named the firm that held its keys. Source:CoinDesk
‘There may be better investment options’: My church received $1.5 million from a parishioner. Is 3.75% interest enough?
“Given the size and longterm nature of this gift, we want to make sure the funds are managed prudently.” Source:MarketWatch