Varyante
One quadrillion is the number used to describe the wealth effect of South Korea’s stock-market miracle
Having more than doubled already this year, Korea’s stock market returns have driven a wealth effect that under an optimistic scenario could generate a wealth effect among the populace of KRW 43 trillion ($28 billion)
Crypto billionaires bankroll Nigel Farage's pro-crypto party
Tether-linked billionaire Christopher Harborne and BitMEX co-founder Ben Delo donated $9.4 million to Nigel Farage’s Reform UK in the first quarter.
Strategy’s leveraged Bitcoin model has faced its first stress test: Grayscale
“Less Bitcoin on levered DAT balance sheets and more on diversified corporate balance sheets will be a positive,” said Grayscale’s head of research, Zach Pandl.
Anthropic says self-improving AI may be closer than expected
Companies have been developing AI very quickly to stay ahead of the market, but Favaro and Clark argue that a slowdown would allow more time to deal with the technology’s implications.
ZEC drops 30% as Shielded Labs reveals more about infinite counterfeit bug
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9jLW1hbi1mYWxsaW5nLmpwZw==.jpg" alt="ZEC drops 30% as Shielded Labs reveals more about infinite counterfeit bug" class="type:primaryImage"></p><p>ZEC market capitalization fell by almost $3 billion over the past 24 hours following the disclosure of a critical vulnerability, despite it being patched already. </p>
Senate Republicans push finance watchdogs to clarify crypto capital rules
Senator Cynthia Lummis has led a group of lawmakers urging financial regulators for “fair capital treatment for on-balance sheet treatment of digital assets.”
In ‘wild’ twist, SpaceX won’t be allowed early entry to the S&P 500 after all
S&P Dow Jones Indices considered whether to loosen index requirements but opted to keep its policies unchanged.
Marvell looks poised to finally get a spot in the S&P 500 after explosive stock surge
S&P 500 changes are likely to be announced on Friday, and Marvell is now vastly bigger than the next-largest eligible contender.
South Korea is the ultimate backdoor tech play — but stock investors now face a looming threat
Samsung and SK Hynix are key to soaring South Korean stock market, but a rate hike could trigger a 15% market correction.
I own a house with my sister, but the mortgage is in her name. Could this come back to bite me?
“My son, daughter-in-law and granddaughter live there and take care of utilities, yardwork and maintenance.”
Bitcoin’s sagging price has crypto bears taking a victory lap. Why it’s too soon to count it out.
While U.S. stocks have kept notching record highs, bitcoin is sliding to its weakest level in months.
Comptroller says only Democrats pressuring over crypto trust charter
US Comptroller of the Currency Jonathan Gould and New York Representative Gregory Meeks sparred over Donald Trump’s influence on regulators he has nominated as president at a Thursday oversight hearing.
‘This is a tricky subject’: We’re in our 70s and our only child is 40. Do we reveal that we’re leaving her everything?
“It makes us feel uncomfortable.”
Quantinuum’s buzzy IPO ends with a whimper as stock gives back early gains
The quantum company’s stock opened 13% above its IPO price but ended just cents above the IPO price.
Why Broadcom’s stock is falling so hard after earnings
The chip company declined to increase its AI revenue outlook for next year “in a market environment clamoring for material beats and raises.”
Lululemon admits far more work is needed for a turnaround, and its stock sinks
Problems continue to add up for Lululemon, as the yoga-wear maker on Thursday trimmed its full-year forecast to account for a potential dip in sales this year.
A war-weary Treasury market faces a fresh test with Friday’s jobs report
The new worry on Wall Street is that investors are simply losing patience and demanding higher compensation to lend money to the U.S. government.
Coal stocks climb as Trump shovels $700 million to the sector
Coal stocks advanced Thursday, helped by news that President Donald Trump plans to provide about $700 million to the industry through a Korean War–era law that gives the federal government authority over sectors tied to national security.
Don’t rule out a ‘June swoon’ — the S&P 500 is pushing its limits
Even upbeat Oracle earnings next week might not be enough to rally the market.
Micron suffers record market-cap wipeout as Broadcom casts a shadow over chip stocks
The semiconductor trade is losing steam following Broadcom’s earnings report.