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.
“It makes us feel uncomfortable.”
The quantum company’s stock opened 13% above its IPO price but ended just cents above the IPO price.
The chip company declined to increase its AI revenue outlook for next year “in a market environment clamoring for material beats and raises.”
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.
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 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.
Even upbeat Oracle earnings next week might not be enough to rally the market.
The semiconductor trade is losing steam following Broadcom’s earnings report.
Bitcoin price collapsed as Strategy faced tighter liquidity conditions and paused its BTC buying. Is it time to jump ship, or buy the dip?
Political activist Bill Browder, the teenager’s father, said his son was “the first high school student in the world to be sanctioned by an authoritarian regime” over a report on the ruble-pegged stablecoin A7A5.
US spot Bitcoin ETF ownership shifted during the market downturn as hedge funds exited positions, while banks and long-term allocators continued building exposure.
A Coinbase-Better Home & Finance initiative will allow qualified borrowers to use Bitcoin and USDC as collateral for home loan down payments.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9iaXRjb2luLWxhemVyLWV5ZXMtYW5kLWJ1bGwtcnVuMS5qcGc=.jpg" alt="Bitcoin bulls' fate rests on $60K support as crypto erases $2T in market cap" class="type:primaryImage"></p><p>Bitcoin continued "incredible" 2022 bear market repeat behavior as sellers kept control over BTC price rebound attempts.</p>
The exchange integration gives Western Union’s dollar-pegged token access to crypto market liquidity as payment providers accelerate their adoption of stablecoins.
Strategy’s Bitcoin paper loss tops $11 billion as Saylor pointed to ETF outflows and AI infrastructure spending as factors pressuring BTC.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9uZnQtbWFya2V0cGxhY2UtcmVhbC1lc3RhdGUucG5n.png" alt="Apex, Archax join Goldman Sachs tokenized real estate fund project" class="type:primaryImage"></p><p>Apex Group is providing fund services for a tokenized real estate fund using Goldman Sachs’ GS DAP platform.</p>
The number of people who applied for unemployment benefits at the end of May jumped to a four-month high, but not because businesses are laying off more workers. The timing of the Memorial Day holiday was an X-factor.
There are plenty of ways to jump into the generative-AI hardware infrastructure expansion beyond the familiar chip makers and hyperscalers.
Coinbase launches pre-IPO markets starting with SpaceX, offering non-US users perpetual futures tied to private company valuations amid rising competition.