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  • Jan 07, 2025

CFTC Chief Who Sought Lead Role for Bitcoin Regulation Quits

(Bloomberg) -- US Commodity Futures Trading Commission Chairman Rostin Behnam plans to resign from the role on Jan. 20. Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Don’t Shrink the BusCan States Hit the Brakes on Runaway Roadbuilding?Behnam will leave the commission on Feb. 7, according to a statement Tuesday from the derivative-market regulator.“

  • Jan 07, 2025

Oil Rises as Signs of Tight Market Counter Technical Indicators

(Bloomberg) -- Oil pushed higher as a cold front in the US and signs of a tighter market countered technical signals that crude’s rally may be overdone. Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Don’t Shrink the BusCan States Hit the Brakes on Runaway Roadbuilding?West Texas Intermediate advanced almost 1% to settle above $74 a barrel, buoyed by

  • Jan 07, 2025

Crypto.com Sports Tests Legal Ruling with New Prediction Markets

“With decades of resistance to prediction markets appearing outdated and public demand growing, Crypto.com’s submission to the CFTC seems poised for widespread adoption,” argues Aaron Brogan, a lawyer specializing in cryptocurrency and emerging technology regulation.

  • Jan 07, 2025

Bitcoin Slumps Below $100,000 as Economic Data Push Rates Higher

(Bloomberg) -- Bitcoin’s march back above $100,000 didn’t last long. The token slid the most in more than two weeks on Tuesday, joining a retreat in US stocks, as fresh economic data sent Treasury yields soaring. Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Don’t Shrink the BusCan States Hit the Brakes on Runaway Roadbuilding?The original cryptocur

  • Jan 07, 2025

Analyst Sees US Steel Price Rebound Under Trump's Pro-Tariff Stance, Upgrades Cleveland-Cliffs Stock

GLJ Research analyst Gordon L. Johnson II upgraded Cleveland-Cliffs Inc. (NYSE:CLF) to Buy from Sell rating with a price forecast of $14.27. The analyst notes the U.S. economy is in worse shape than many acknowledge. With Donald Trump set to take office on January 20, 2025, and his pro-tariff policies likely impacting sectors like steel, the analyst foresee a potential rise in U.S. HRC prices in the near term. In particular, the analyst says that following Trump’s win (November 2016), and Joe Bi

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