Prediction market Kalshi has permanently banned former Rep. George Santos, finding that he manipulated a market tied to his own attendance at the State of the Union address and pocketed nearly $18,000 in the process.
US President Donald Trump said on Monday that strikes on Iran will be limited, following a previous story reported by Axios, which said that he and his senior aides are considering waging limited strikes in Hormuz to pr…
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Japanese Yen (JPY) is modestly stronger versus the US Dollar (USD), helped by upbeat domestic data including robust retail sales and industrial pr…
Goldman Sachs has taken the top spot among institutional holders of spot XRP ETFs, according to Q2 13F filings compiled by Bloomberg Intelligence. The bank’s exposure jumped to $87.4 million, up $83.1 million from the p…
Russia's largest bank expects crypto trading to take off once the country's new digital asset rules take effect, and it's preparing to accept Ethereum and Tether's USDT as collateral for loans.
Six days from now, Kevin Warsh will stand before the most scrutinized lectern in global finance for the first time as Federal Reserve Chair — and unlike every keynote his predecessors delivered from this same spot at Ja…
Texas Gov. Greg Abbott has ordered state agencies to stop funding Flock Safety's AI-powered surveillance cameras, the latest blow to the license-plate-reader company as backlash over its nationwide network intensifies.
The Bank of Canada is widely expected to hold the overnight rate at 2.25% at Wednesday’s policy announcement—marking a sixth consecutive pause after 50 basis points of cuts over September and October last year.
The Dow Jones Industrial Average closed just short of 53,300, roughly 250 points and about 0.5% lower, after American forces struck two Iranian rocket launchers on Larak Island and Tehran answered with missile and drone…
Bitcoin may have passed through its worst stretch and could climb to $150,000 by the end of 2027, Walter Bloomberg reported on Aug. 31.
The Mexican Peso (MXN) appreciates by about 0.20% against the US Dollar (USD) on Monday, even as risk appetite deteriorated amid the escalation of the US-Iran conflict, which triggered a jump in energy prices. This exer…
Bitmine has bought Ether for 65 consecutive weeks, maintaining its accumulation strategy through a prolonged crypto downturn and $5.1 billion in paper losses.
A convicted fraudster, a prediction market, and a bet on his own attendance at the State of the Union: the fallout from that wager just made history in ways that go far beyond a slap on the wrist.
The NZD/USD is poised to finish Monday’s session virtually unchanged near its opening price, despite a modest 0.08% gain as the US Dollar weakens amid rising tensions in the Middle East. The pair trades above 0.5900.
Gold (XAU/USD) price retreats some 0.40% on Monday after last Friday's hawkish remarks by Federal Reserve (Fed) Chair Kevin Warsh, which sparked speculation of a possible rate hike at the September meeting. Despite this…
The brokerage is adding digital assets alongside stocks, ETFs and options as Canadian crypto ownership rises and regulators move toward clearer industry rules.
Bitcoin is proving resilient at the start of the week, holding above $78,000 even as fresh U.S. military strikes on Iran drove oil prices higher and pushed equities into the red.
Bitmine Immersion Technologies picked up the pace of its Ethereum buying last week, acquiring 53,501 ETH worth roughly $131 million as chairman Tom Lee touts crypto's strong third quarter.
Ripple, Clearpool and Cicada are building an institutional lending market directly on the XRP Ledger.
Hyperliquid is in advanced discussions to bring its perpetual futures to American traders through Kraken's parent company, Payward, according to a report from Bloomberg.
While crypto market structure legislation sits in summer recess limbo, the SEC and CFTC are getting a head start on writing the rules for the $2.5 trillion industry.
The million dollar question is what prompted a Bitcoin OG to send 20 BTC to a custodian, retrieve it back, and then deliberately burn it?
In early 2025 the Bank of Canada warned that escalating trade tariffs are raising inflation risks that could push inflation above its 2% target and force a pause or reversal of the central bank’s rate-cutting cycle, inc…
OCBC FX Strategist Sim Moh Siong and Christopher Wong note that Fed Chair Warsh’s Jackson Hole speech eased debasement concerns and supported the Dollar, with Gold lower and the US yield curve flatter. They say structur…