BitGo courts crypto firms awaiting MiCA approval amid Binance licensing concerns
BitGo launches a MiCA-compliant crypto infrastructure platform in Europe as exchanges face pressure to meet July 1 licensing rules across the EU.
Varyante
BMW issues a big profit warning it once again blames on China. The automaker is plotting a major strategy shift
BMW was the worst performing major European stock on Wednesday after the luxury-car maker lowered its profit outlook, citing a downturn in China as well as the impact from the Middle East war.
Congress reaches deal on housing bill with CBDC ban until 2030
The US could soon temporarily ban a central bank digital currency, as House and Senate leaders came to a deal on the 21st Century Road to Housing Act.
Strategy’s STRC falls to $91 as investors flinch at latest BTC buying
“It appears traders are seeing the latest BTC acquisition as an unsustainable path for STRC,” said 10x Research’s Markus Thielen.
Illinois governor approves crypto transaction tax despite industry uproar
“There is effectively no comparable state financial transaction tax on stocks, bonds or derivatives anywhere in the country,” said a16z general counsel Miles Jennings.
Hyperliquid open interest surges 32% in a week: Is $80 HYPE next?
Despite mixed HYPE derivatives market signals, Hyperliquid’s explosive TradFi perpetual growth makes a push toward $80 increasingly realistic.
What have the U.S. and Iran agreed to? This is what markets are focused on.
The Trump administration and Iran have agreed on a framework for a peace deal. As everyone waits for the text of the framework to get released, here is a rundown of what the key points are for markets.
Senators urge Treasury ensure state authority in GENIUS application
A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a way that “preserves and promotes State participation.”
America’s fertility rate has never been lower. Blame smartphones — and these 4 financial realities.
Having as many children as families want requires “gender equality, economic stability, decent health and confidence in the future.”
Oil may move through the Strait of Hormuz first, leaving fertilizer supplies stranded
The interim peace agreement between the U.S. and Iran seems to be doing little to answer some of the thornier questions about the Strait of Hormuz, including how much longer it will take for products other than crude to start moving through again.
Intel takes a major step toward turning around a business that’s bleeding cash
Intel’s new manufacturing process has entered a stage that signals the company is confident in its ability to bring on external customers, analysts say.
Bitcoin tops $67K following US-Iran peace deal: Is it a bull trap?
Despite Bitcoin derivatives data highlight traders’ skepticism even though BTC briefly rallied above $67,000. Are bulls stepping into a trap?
Chicken tenders are taking over the world, and KFC is rushing to keep up
Goodbye bone-in wings, hello tenders and chicken sandwiches that can be easily eaten in the car.
Wall Street can’t stop talking about ‘MANGOS’ stocks as the ‘Magnificent Seven’ becomes passé
Wall Street has a new way to sell the artificial-intelligence trade: take the companies investors most want to own, including some they still cannot buy, and turn them into an acronym.
Tokenized asset market tops $43B as institutions accelerate blockchain adoption
Tokenized financial assets have surged 37% in six months as institutions expand blockchain adoption and the market broadens beyond funds and private credit, according to Token Terminal.
Investors pile into moonshot SpaceX bets as first-day options trading shatters records
On Friday, SpaceX clinched the biggest IPO in the history of the U.S. equity market, raising more than $85 billion. On Tuesday, it followed that up with the biggest debut in the history of the U.S. options market.
Most people now get their news from social media. But many say they dislike it and are tuning out.
Audiences been increasingly getting news from social media for years — but many are now disillusioned, creating yet another challenge for media organizations.
‘I’m a realist’: I’m 50 with $6.5 million saved. Should I quit my $200,000 job and retire early?
“I have been considering leaving my job so that I can focus on my trading activities full time.”
A woman bought coasters at my garage sale for $2 and is now reselling them for $29. Have I been bamboozled?
“They were a birthday gift from a friend about six years ago.”
Record World Cup, NBA Finals ratings show live sports are TV’s most valuable asset
“In this streaming-first world, live, shared moments are a rare thing. Sports is where that still exists.”