Micron delivers blowout earnings, surges 16% and deals crypto bulls a blow
Micron Technology surged after blockbuster earnings and strong guidance, lifting AI memory stocks. Source:CoinDesk
The Wall Street equivalent of roster-cut day happens Friday. It’ll be one of the biggest volume days of the year.
FTSE Russell is undertaking its semiannual rebalancing — what the index provider calls its reconstitution — and the size of the undertaking could impact…
Forget max pain theory. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry
The popular max pain theory isn’t working out as bitcoin trades far from the $72K level a day ahead of a $10 billion quarterly options settlement.…
MemeCore's M token suddenly crashes 80% with no clear trigger
The token fell from nearly $3 to about $0.50 in hours, wiping out close to $3 billion in market value, with no exploit or announcement to explain it. Onchain…
Ripple's RLUSD stablecoin goes live in Japan after regulatory approval
Japan's financial regulator cleared the U.S. dollarbacked token as a new category of payment instrument, letting SBI VC Trade offer it to institutions and…
Bitcoin has a new line in the sand. Thursday’s core PCE could stress test it.
The market has found a new support level and it could be tested following Thursday's U.S. inflation data. Source:CoinDesk
XRP slides 2.8% as weak bounce keeps $1 support in focus
Sellers broke another support level on heavy volume, while the recovery failed to reclaim the zone that would ease downside pressure. Source:CoinDesk
Kalshi seeks funding at $40B valuation, nearly doubling last raise: FT
Kalshi is reportedly in talks to raise new capital at a $40 billion valuation, reflecting growing investor confidence in regulated prediction markets.…
HYPE down 22% from record highs: Will spot demand revive the uptrend?
HYPE price drops near a key support zone where fading selling pressure collides with shrinking futures market activity. Will the altcoin resume its uptrend…
Kalshi sues Illinois officials over prediction markets restrictions
The prediction markets company claimed that it would be “irreparably harmed” when an Illinois law signed as part of a budget package goes in effect on July 1.…
Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital
South Korean memory chip giant on Wednesday filed to raise nearly $30 billion in a U.S. offering. Source:CoinDesk
SEC, CFTC Seek Public Input on Data Reporting Frameworks for Security-Based Swap and Swap Markets
The Securities and Exchange Commission and Commodity Futures Trading Commission today issued a joint request for public comment on potential opportunities to…