Stock ETF buyers pounce on dip as Bitcoin funds bleed $1.6 billion
US spot Bitcoin ETFs have lost $1.6 billion in November, while stock funds attracted billions of dollars from investors buying the dip. Source:Cointelegraph
Global banks commit $270M to stablecoin venture targeting 2027 launch
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.…
Corporate America is making a trillion-dollar mistake about retirement
The market is dramatically underpricing the economic impact of Americans age 50 and older. Source:MarketWatch
Goldman Sachs, Citi among banks said to commit $270 million to stablecoin venture
The venture, known as Project Faro, plans to issue a dollardenominated stablecoin and is expected to be incorporated in the U.S. Source:CoinDesk
Crypto exchanges need hard dollar caps on hot wallets, CertiK says
“Cold storage is a useful measure of online exposure, but it is not a standalone security score,” the cybersecurity firm told Cointelegraph.…
Tesla and SpaceX shares slide as Musk’s political push falls flat
The billionaire spent hundreds of millions of dollars on the U.S. election. Now, investors are worried about less favorable policies under new Democratic…
Bitcoin briefly sinks to $75,700 as bets on a Democratic sweep rattle markets
Stock futures and the dollar slid and Treasuries rallied as early U.S. midterm returns pointed to Democrats taking both chambers of Congress. Source:CoinDesk
Here’s the math on Amazon CEO’s claim to be on path to two trillion-dollar revenue businesses
Amazon chief executive Andy Jassy set a bold target on the conference call announcing thirdquarter earnings. Source:MarketWatch
Institutional crypto investors rush to pull funds from exchanges after Binance hack
The withdrawals suggest the fallout from the multibilliondollar breach is spreading beyond Binance. Source:CoinDesk
Binance investigates potential multibillion-dollar hack
Binance said it is investigating a potential security breach after suspicious wallet transfers, while cofounder CZ reported nearly $1.8 billion in frozen…
Fed’s hawkish rate hold keeps pressure on Bitcoin: Analysts
Traders are pricing in a 78% chance of a December rate hike, while analysts say Treasury yields, the US dollar and upcoming inflation data could determine…
ServiceNow’s stock slides as earnings miss clouds a raised AI outlook
Even with an uptick in multimilliondollar AI deals, ServiceNow’s earnings results weren’t enough to win over software skeptics Source:MarketWatch