South Korea's oldest crypto exchange is now part of the $1 trillion Mirae Group family
Korbit, South Korea's first cryptocurrency exchange, has joined the Mirae Asset Group family, marking the first time a traditional Korean financial group's…
XRP whales accumulate as small holders capitulate
XRP whales accumulate 2.8% more tokens over five weeks as small holders capitulate, sending the price back above $1.16. Source:CoinDesk
Bitcoin wilts as oil and rates rise. Clarity Act odds tumble to 38%
Geopolitical risks, rising rates, and fresh regulatory setbacks send crypto lower as key Democrats demand stronger safeguards in the market structure bill.…
Key Democratic lawmakers say crypto Clarity Act 'falls short' on ethics, other issues
Several of the Democrats most likely to vote for the crypto market structure bill said they had issues with the new draft published by Republicans earlier in…
S&P launches blockchain fundamentals index for digital assets
The benchmark tracks blockchain networks using protocol revenue, offering an alternative to traditional market capitalizationweighted crypto indexes.…
IBM just cut its outlook. Why its stock is bouncing higher anyway.
IBM’s official earnings report comes after a bruising profit warning last week. Source:MarketWatch
Tesla holds bitcoin treasury steady, reports $112M impairment loss
The electric vehicle maker maintained its 11,509 BTC treasury through the second quarter as bitcoin declined 14%, alongside mixed earnings that beat revenue…
ServiceNow’s stock rises as earnings show momentum in cybersecurity
Against a gloomy backdrop for software sentiment, ServiceNow just topped revenue expectations. Source:MarketWatch
‘Owning a pet has become a luxury’ — vets worry about higher prices and shrinking pet population, survey finds
A Morgan Stanley survey shows that U.S. vet practices are growing sales by raising prices as they contend with fewer visits —a formula that analysts say is…
More than 70% of recent home buyers were counting on mortgage rates to drop. Now they’re stuck.
Refinancing to a lower rate isn’t an option for many homeowners, who now face “financially unsustainable” mortgage payments. Source:MarketWatch
The bull market faces higher likelihood of a Fed rate hike as Iran crisis intensifies
Treasury yields are approaching the highest levels seen since the Iran war started in February as oil price rises and odds of a Fed rate hike narrow.…
The super rich use 401(k)s and IRAs to sidestep taxes on millions of dollars. This proposed law would cut them off.
More than 200 individuals had a total of more than $85 billion in taxsheltered retirement accounts Source:MarketWatch