Bitcoin back above $81,000 as hike odds fade, Zcash leads with 15% jump
Every major token gained on Friday as traders cut bets on a September Federal Reserve rate increase to a coin flip, though most of the majors are barely…
U.S. banking agency gives blockchain bank OpenReserve initial OK to operate
The Office of the Comptroller of the Currency granted a provisional charter to the new fullservice bank, adding it to the growing mix of cryptonative…
AMC CEO blasts Robinhood for stock token, putting synthetic shares in spotlight
Adam Aron said AMC has no connection to Robinhood’s tokenized shares, reviving questions around how stocks are brought onchain. Source:CoinDesk
Tether sued over frozen ‘pig butcher’ coins, 6,600 students get crypto loans: Asia Express
Thai businessmen sue Tether over $42M frozen USDT tied to pig butchering scam, Aussie crypto firms face big fines unless they meet licensing deadline.…
Adobe just announced its next CEO. Here’s why its stock is dropping.
Incoming CEO Anil Chakravarthy is a company veteran. But another longtime business head will be departing Adobe, potentially foreshadowing further turnover in…
Oura files for IPO amid Americans’ obsession with tracking their sleep, steps and heart rates
The offering is part of a trend that pairs wearable technology with ‘preventative healthcare’ Source:MarketWatch
Nvidia takes back control of the AI trade as Big Tech nears record highs
The Roundhill Magnificent Seven ETF is closing in on its May peak — this time thanks to Nvidia. Source:MarketWatch
CFTC files to dismiss CME lawsuit over crypto perpetual futures
The CFTC’s lawyers called the lawsuit “much ado about nothing,“ claiming that the CME Group lacked standing to file and argued against its claims over crypto…
These stocks in the red-hot healthcare sector have gotten too crowded to own
New recommendations include making an options bet that the stocks of GE HealthCare and Medtronic will fall, because there were too many bets already made that…
Lululemon’s sales drop raises deeper concerns about the company’s turnaround
The stock is down as analysts question the yogawear maker’s fashion assortment. Source:MarketWatch
This subtle Microsoft change could be a big win for investors
The tech giant is altering how it reports the performance of different business categories in a way that analysts say will make it easier to gauge AI and Azure…
SEC Proposes Rescission of Political Contribution Rule for Investment Advisers
The Securities and Exchange Commission today issued a proposal to rescind its “paytoplay” rule that prohibits investment advisers from providing compensated…