A new bill would cap Medicare enrollees’ annual expenses at $5,000 — and could cost the government ‘tens of billions’
The longshot proposal would guarantee some cost protection to all people with Medicare. Source：MarketWatch
Crypto Biz: The cost of stacking sats
CryptoQuant urged Strategy to pause Bitcoin buying as dividend coverage shrank. Meanwhile, CBOE eyes crypto perpetual futures and Chainlink joins a stablecoin…
US senators push to end CFTC ‘assault’ on state oversight of prediction markets
A group of 17 Democratic senators went after the CFTC’s funding for lawsuits over prediction markets, calling it an “assault” on state authorities.…
Insurers shifted roof replacement costs onto homeowners thanks to a new federal rule — just in time for hail and hurricane season
Those who find extensive damage to their roofs might be stuck between two options: File an insurance claim, which could trigger a premium increase, or cough up…
Bitcoin makes first sub-$60K close since Q3 2024 as tech stocks enter ‘deep bear market’
Bitcoin risked turning $60,000 into resistance as BTC price weakness persisted following another techdriven selloff in Asian stock markets. Source：Cointelegraph
Securitize aims to raise $400 million as tokenization firm nears public debut
The BlackRockbacked tokenization specialist expects to close its SPAC merger next week and start trading on the NYSE, pending shareholder approval.…
This imminent SpaceX development could make the stock even more volatile
SpaceX is set to be added to the Russell 1000 after Friday’s close, and it could join other major indexes in the days ahead. Source：MarketWatch
Framework Ventures raises $400M to invest beyond crypto: Report
Framework Ventures raises $400 million fourth fund as it expands into AI, robotics and energy while reportedly planning to continue crypto investments.…
El Nino’s coming back — and could cost the global economy trillions
Economists at the investment bank wrote that an El Niño could disrupt agriculture, infrastructure and productivity Source：MarketWatch
CoinDesk 20 performance update: AAVE jumps 8.9%, leading index higher
Solana (SOL) gained 4.5%, joining Aave (AAVE) as a top performer. Source：CoinDesk
Hyperliquid added to Singapore's Investor Alert List
Singapore’s financial regulator added Hyperliquid to its Investor Alert List, as a reminder that the decentralized exchange was not licensed in the region.…
SEC, CFTC Seek Public Comment on the Harmonization of Portfolio Margining Frameworks
The Securities and Exchange Commission and the Commodity Futures Trading Commission today issued a joint request for public comment on potential approaches to…