These three stars need to align before investors rush back into stocks, Bank of America strategist says
Despite the steep drop in equity markets this week, investors should wait for several developments in other asset markets before rushing back into stocks,…
The real test for the artificial intelligence build-out is what happens in 2028, analysts say
JPMorgan’s Michael Cembalest is worried about data center buildouts following midterm elections, and he’s looking two years ahead. Source:MarketWatch
CFTC clears perpetual futures on stocks, bringing crypto trading model to Wall Street
CFTC Chair Michael Selig said the move gives U.S. traders a regulated alternative to “offshore, and often unregulated, venues.” Source:CoinDesk
Coinbase downgraded at Morgan Stanely; price target slashed 53% on weak earnings outlook
Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery. Source:CoinDesk
Bitcoin's white paper turns 18, and small businesses are still paying for the bailouts it answered
Eighteen years after Satoshi published the Bitcoin white paper, business owners are still covering the cost of a system built on bailouts, and they can protect…
Strategy eyes more Bitcoin buys as Saylor touts $30B credit capacity
Michael Saylor says Strategy could create up to $30 billion in digital credit without new commonstock fundraising or further Bitcoin price gains, as the…
The Coinbase allegations expose Bitcoin's corporate governance gap
Corporate adoption of bitcoin will stall as long as companies can't show who controls the money, who approves its movement, or whether it's still there, argues…
Strategy adds 250 Bitcoin as holdings reach 848,250 BTC
Michael Saylor’s Strategy said Bitcoin holdings reached 848,250 BTC after its latest purchase, while maintaining a $4.88 billion cash reserve.…
Here’s how much stocks could fall if the Democrats sweep Congress as expected, according to BofA
The rising probability of the Democratic Party taking control of both houses of Congress in the midterm elections poses a “meaningful” threat to risk appetite,…
Crypto Long & Short: Zcash and the case for privacy in the age of AI
AI has made it cheap to link wallet addresses to the people behind them, and the permanence of the blockchain means records don’t age out. Michael Zhao of…
Michael Burry says he’s sold out of his top holding — for now
Michael Burry, the contrarian exhedgefund manager chronicled in The Big Short, is selling his top holding at an 8.5year low. Source:MarketWatch
CFTC joins SEC in proposing crypto framework after failed CLARITY vote
CFTC Chair Michael Selig claimed that the agency was using its “existing statutory authorities“ to address crypto regulation after Congress failed to advance a…