Crypto's Senate Ally Lummis Pushes Federal Agencies on Digital Assets Issues
Senator Cynthia Lummis, set to lead the Senate Banking Committee's digital assets panel, went after the sale of U.S. bitcoin holdings and FDIC debanking.
Stock market today: Nasdaq slide leads stocks lower with earnings, Bessent confirmation hearing in focus
Stocks failed to continue Wednesday's rally as retail sales and fresh earnings from big banks took focus.
Palantir Stock’s (PLTR) Valuation Is Hard to Defend despite White House Ally
Palantir Technologies (PLTR) stock surged following the re-election of Donald Trump to The White House. Despite CEO Alex Karp’s opposition to Trump, the AI software company seems to have found support due to the close ties between Peter Thiel and soon-to-be vice president JD Vance. However, I’m bearish on the stock, simply because the valuation is very hard to sustain at this moment in time. While the company may experience a wealth of tailwinds when Trump is in office, we don’t know how large t
Litecoin ETF Could Attract Up to $580M of Inflows If Adoption Mirrors That of Bitcoin ETFs
At the moment, Canary Capital appears best-positioned to be the initial issuer of the new vehicle.
XRP Soars To 7-Year High, Becomes Third-Most Valued Crypto Even As SEC Challenges 2023 Verdict In Ripple Labs Case
Payments-focused cryptocurrency XRP (CRYPTO: XRP) surged past $3 for the first time in 7 years on Wednesday in anticipation of a cryptocurrency-friendly SEC under the incoming Donald Trump administration. What happened: XRP leaped over 8% in the last ...
Why Wall Street stayed mute on Thursday after its best day since November
Wall Street paused, with stocks ending little changed. Strong bank earnings keep rolling in and Trump's Treasury pick fields Senate questions.
Richemont’s Surprise Revenue Gain Lifts Luxury Stocks, Offering Hope to Brand Owners, Investors
Richemont outstripped expectations with a 10 percent jump in revenue during the key holiday quarter, offering hope that luxury's slump might be coming to an end.
Oil Falls as Traders Speculate on Trump’s Sanctions Strategy
(Bloomberg) -- Oil retreated from a five-month high as the market adjusts to new sanctions on Russian crude and digested mixed signals from President-elect Donald Trump on his intent to uphold the measures. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesWill Americans Ever Lose Their Taste for Telework?Chicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesScaramucci, Ackman Donate to Whitney
How to Make the United States the Crypto Capital of the World
Members of the crypto law bar lay out practical ways the new Trump administration can create the best environment for crypto development.
Bitcoin analyst who nailed price in 2023 and 2024 predicts $175K in 2025
Why Fundstrat's Sean Farrell is predicting Bitcoin to hit $175,000 in 2025