The SEC's Crypto Course Reversal
The U.S. Securities and Exchange Commission has closed a number of cases over the past few weeks.
Trump to Host First Crypto Roundtable at White House Next Week
Crypto and AI Czar David Sacks, "prominent founders, CEOs and investors" will convene at the White House with U.S. President Donald Trump.
Crypto pundits bet big on Zelenskyy’s fate after Trump says he wasn’t 'thankful'
One Polymarket user wrote: “[Zelenskyy] should've thanked the American people, how hard can it be to show some gratitude?”
US judge dismisses SEC fraud lawsuit against Hex crypto founder
U.S. District Judge Carol Bagley Amon in Brooklyn cited a lack of ties between Richard Heart's alleged conduct and the United States in deciding to toss the U.S. Securities and Exchange Commission's 2023 lawsuit against Heart, a U.S. citizen residing in Finland. The SEC had alleged that Heart, also known as Richard Schueler, touted his Hex token, PulseX asset trading platform and PulseChain asset network on YouTube and other websites as pathways to "grandiose wealth." The SEC in its lawsuit said Heart knew his often "tongue-in-cheek" disclaimers that his offerings were not securities were false, including when he said that Hex was capable of 38% annual returns and "built to be the highest appreciating asset that has ever existed in the history of man."
Bitcoin still has the potential to reach $2 million: experts
"As inflation erodes the dollar’s value over time, price levels that seem unfathomable today may one day be inevitable," one expert says.
BlackRock Adds Spot Bitcoin ETF IBIT to Model Portfolios
BlackRock has added its spot bitcoin ETF IBIT to two of its model portfolios.
Senator Cynthia Lummis buys drinks with cash: ‘I spend dollars and save Bitcoin’
Senator Cynthia Lummis buys drinks with cash: ‘I spend dollars and save Bitcoin’
Stock of the Day: Dell tumbles 7% after earnings as investors scrutinize AI profit margins
As the AI boom cycle matures, investors are shifting their focus away from top-line revenue growth and toward bottom-line profits.
US Stagflation Fears Rise With Latest Economic Data
(Bloomberg) -- A string of recent US data showing resurgent inflation and slowing activity is stoking fears the world’s biggest economy could be heading toward a period of stagflation. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchRemembering the Landscape Architect Who Embraced the CityShelters Await Billions in Federal Money for Homelessness ProvidersNYC Office Buildings See Resurgence as Inves
British Airways owner's stock is flying high as strong demand for air travel boosts IAG profits
IAG, the owner of airlines including British Airways, Iberia and Aer Lingus, reported a 27% rise in annual operating profit to 4.4 billion euros.