Live markets: U.S. spot bitcoin ETFs had their worst month ever in June, shedding $4.5 billion
U.S. spot bitcoin ETFs recorded $4.5 billion in net outflows in June, their worst month since launching in January 2024, per SoSoValue data.
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Bitcoin’s 20% June crash looks even deadlier on the charts. Here’s why
The June candlestick, a charting tool summarizing entire month's price action into a single visual, looks like a solid red brick with virtually no wicks, a clear sign of complete and "uninterrupted" bear dominance throu…
Trump pocketed more than $1 billion from crypto ties as industry headed toward slump
President Donald Trump earned more than $1 billion from crypto sales and royalties last year while living in the White House and pursuing aggressively pro-crypto policies in his administration.
U.S. senators seek to block foreign adversaries from AI technology in new bill
The U.S. Commerce Department would have more authority to shield domestic artificial intelligence technology from the supply chains of foreign adversaries in a bill introduced Tuesday by two Republican senators who've b…
Nike results top estimates even as China sales drop 12%; retailer expects $986 million tariff refund
Nike on Tuesday posted quarterly earnings and revenue that topped Wall Street expectations, despite another sales decline in its key China market.
Phantom doubles down on perpetual futures with hire of Hyperliquid market builders
The team behind one of Hyperliquid's highest-profile private-company trading projects has found a new home.
Companies spending the most on AI are growing jobs, Ramp study finds
Ramp, a financial operations platform, said companies making the largest investments in artificial intelligence are expanding their workforces rather than shrinking them, according to a new study that challenges the nar…
After a soft Nike quarter, we have a big decision to make on the stock
After a soft Nike quarter, we have a big decision to make on the stock The results are unlikely to improve Nike's standing in the portfolio Read at source
SEC giving novel ETFs a rethink as it opens comment period on overhauling U.S. rules
The U.S. Securities and Exchange Commission is reexamining how it approaches novel exchange-traded funds, including those focused on crypto, and is inviting public input on its automated system to approve them.
Why OpenUSD's 'real threat' that tanked Circle stock still faces a steep uphill battle for adoption
Circle shares (CRCL) cratered on Tuesday after the new Open USD stablecoin network rattled investors, but analysts say it's too early to conclude the consortium poses a serious threat to USDC.
AeroVironment skyrockets 19% as dronemaker capitalizes on defense spending surge
AeroVironment shares skyrocketed nearly 19% after the dronemaker easily blew past Wall Street's fiscal fourth-quarter estimates, benefiting from U.S. plans to modernize the military and secure space.
Tokenized securities need competition, not gatekeepers
Paper certificates gave way to book-entry records. Trading floors gave way to electronic markets. Manual processes gave way to faster settlement, automated clearing, and global access. Each step raised fair concerns. Ea…
Chinese exile once linked to Trump strategist gets 30-year sentence in $1 billion fraud
A U.S. judge sentenced Chinese businessman Miles Guo, the billionaire behind the fraudulent crypto venture Himalaya Coin, to 30 years in prison, long after a trial jury found the well-connected defendant was guilty of s…
Jefferies warns of crypto market volatility as Clarity Act faces Senate test
The Clarity Act still faces significant hurdles despite clearing the Senate Banking Committee, with investment bank Jefferies warning that political uncertainty could fuel volatility across crypto markets in the coming …
Circle slides 8% as Stripe, Coinbase and BlackRock back rival stablecoin network
Circle (CRCL) shares were lower by 8% in Tuesday morning trading after a consortium backed by some of the biggest names in payments, banking and crypto unveiled Open USD, a new stablecoin designed to challenge incumbent…
Bitcoin nears 2024 lows as options traders pay up for downside protection
Bitcoin and ether tested critical multiyear support levels, with ether at a price it has bounced from twice before and bitcoin near its lowest since late 2024.
MetaMask launches Money Account with stablecoin yield and spending in one wallet
MetaMask has launched a new self-custodial account that combines stablecoin yield, payments and trading in a single product, as wallet providers increasingly compete to become broader financial platforms rather than sim…
Bitcoin $4.4 billion supply overhang emerges as institutional demand wilts
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AeroVironment soars 28% on earnings beat, backlog grows to $1.2 billion
AeroVironment stock ripped 28% higher on Tuesday during premarket trading as the dronemaker reported fourth-quarter earnings that beat on the top and bottom lines.
UK to lower stablecoin capital buffers, undercutting EU's MiCA requirements
The U.K.'s Financial Conduct Authority (FCA) reduced the proposed capital requirements for stablecoin issuers as it set out its formal guidance for cryptocurrency regulations.
Nasdaq expands distribution of its market data into blockchain infrastructure
Nasdaq is expanding the distribution of its market data into blockchain infrastructure, making one of its flagship equity data products available through the Pyth Network as financial firms increasingly build trading an…
Bitcoin’s quiet $59,000-$60,000 range is starting to look dangerous
The range itself is normal. Bitcoin spent much of 2024, from March to October, consolidating between $55,000 and $70,000 with occasional overshoots in both directions. What makes the current setup riskier is its locatio…
Live updates: BlackRock's IBIT sheds $300 million as bitcoin demand dwindles
U.S. spot bitcoin ETFs lost a net $231 million on Monday, with BlackRock's IBIT accounting for $300 million of outflows that other funds partly offset, including $50 million into ARKB and $35 million into GBTC, per SoSo…
Strategy heads for eleventh losing month in twelve as bitcoin weakness continues
Strategy (MSTR) stock is set to end the month around 41% lower, its worst monthly performance since 2022, with one trading day remaining.