Coinbase, Kalshi, Kraken parent back CFTC in legal fight over stock perpetual futures
The Capital Markets Alliance argues that the products fall under the Securities and Exchange Commission’s jurisdiction. Source:CoinDesk
BlackRock Bitcoin ETF outflows hit $1.66B over seven trading sessions
US spot Bitcoin ETFs shed $201 million Monday, with seven straight sessions of net withdrawals from BlackRock’s IBIT totaling $1.66 billion.…
Bitcoin miner MARA sold 13,597 BTC for $1.1 billion in six weeks, plans to sell more
MARA paid off every loan backed by its bitcoin and says the rest of its coins can fund AI datacenters. Source:CoinDesk
Bitcoin faces U.S. CPI test as analysts warn inflation relief may not be enough
Bitcoin trades below $75,000 ahead of the October inflation data. Analysts warning that sustainable recovery depends on improving liquidity and spot ETF demand…
The short seller who saw signs of Nvidia’s China scandal months ago claims Megaspeed isn’t the only company helping China access chips
‘We were confident in the research initially, and we’re still confident in it now,’ says Christian Lamarco, founder of Culper Research Source:MarketWatch
Securitize pushes into $6 trillion asset-backed finance market with River One acquisition
The tokenization firm unveiled an acquisition and a $50 million stock buyback as quarterly revenue rose 13%. SECZ shares jumped 10% after hours. Source:CoinDesk
Rocket Lab shares dip after the company’s ‘defining’ quarter misses the mark
The rocketlaunch company just posted a steeper loss than analysts were expecting. Source:MarketWatch
Here’s how Bernie Sanders wants to keep Social Security solvent ‘for generations’
The Vermont senator aims to eliminate the taxable maximum, making the wealthy pay more in taxes Source:MarketWatch
Dow sees its third 1,000-point swing in four days. Why the volatility isn’t over yet.
“It took one election and a poor Nvidia headline to go from D.C. being a tailwind to D.C. as a potential headwind,” says strategist. Source:MarketWatch
Why prediction markets and Wall Street pros so often fail to see what’s coming
The probabilities make it almost certain that macro forecasts will be wrong far more often than right. Source:MarketWatch
Analysts say these chip stocks are bargains. Is it time to buy?
While some analysts view the steep drop in names like Nvidia, Micron and Sandisk as an overreaction, others are staying cautious. Source:MarketWatch
The stock-market rally keeps spreading beyond Big Tech. October inflation data could put it to the test.
Tuesday’s CPI inflation report and a heavy lineup of Federal Reserve speakers could test the rotation trade’s resilience Source:MarketWatch