Hashdex, Franklin Win SEC Approval for Bitcoin-Ether ETFs
The new Hashdex crypto index fund will trade on Nasdaq alongside Franklin Templeton’s offering on Cboe BZX, marking another ETF milestone.
Luigi Mangione shares jail with disgraced crypto kingpin Sam Bankman-Fried
Mangione, the suspect in the murder of the UnitedHealthcare CEO, also saw a a meme coin named after him skyrocket to $77 million earlier this month.
Penny Stock Applied Therapeutics' FDA Troubles Trigger Investor Lawsuit, Shareholders Claim Deception Over Govorestat Clinical Data
Adrian Alexandru, representing all similarly affected investors, has filed a federal securities class-action lawsuit against Applied Therapeutics (NASDAQ:APLT), alleging the company violated federal securities laws. The lawsuit claims that the company provided misleading information about its clinical trials and failed to disclose key adverse facts, causing significant financial losses for shareholders. Also Read: Rare Disease-Focused Applied Therapeutics' Lead Candidate Govorestat Has Blockbust
Crypto markets crash after epic rally, sending Bitcoin back below $100,000
Disappointment over future of interest rate cuts triggered a selloff.
Will David Sacks’ appointment spark a regulatory revolution in crypto?
With shifting political winds, blockchain advocates push for policies advancing market growth amid regulatory uncertainty.
Powell’s Battle-Ready Fed Gives the Trump Trade a Stress Test
(Bloomberg) -- A month ago, all anyone in markets could talk about was Donald Trump and how his blueprint for the US economy would sow growth, next year and beyond.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalHeading into the Christmas br
US stocks end sharply higher, dollar drops after inflation report
NEW YORK (Reuters) -Wall Street surged on Friday and the dollar softened as cooler-than-expected inflation data helped investors look past the possibility of a government shutdown and fresh tariff threats from U.S. President-elect Donald Trump. All three major U.S. stock indexes jumped more than 1%, gold surged and benchmark U.S. Treasury yields eased from multi-month highs. A report from the Commerce Department showed the PCE price index, the Federal Reserve's preferred inflation yardstick, came in cooler than analysts expected, supporting the narrative that price growth remains on a path toward achieving the U.S. central bank's 2% target.
Crypto ETFs Shrink by Nearly $700M on Fed Rate Cut
Record outflows from crypto ETFs Thursday moved in step with bitcoin’s recent price volatility.
Exclusive-Fed's Barr seeks legal advice amid speculation Trump might remove him, sources say
WASHINGTON (Reuters) -Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts by President-elect Donald Trump to remove him, sources said, the latest sign that a conflict might be looming between the incoming administration and the central bank. Barr, who was tapped to serve as the Fed's top regulatory official by President Joe Biden, has in recent weeks sought advice from law firm Arnold & Porter in his personal capacity, two of the sources said.
The Senate is targeting life-insurance policies that allow the rich to pass down everything from stocks to yachts to their kids tax-free. Here's how it works.
It's perfectly legal to use life insurance to save millions on taxes – for now.