More

    Markets

    Crypto Tax Proposals Weighed Ahead of Tuesday House Hearing

    The US House Ways and Means Committee circulated seven discussion drafts of bills to address digital asset taxation ahead of a Tuesday hearing on the matter, covering stablecoins,...

    Bitcoin Bears Boost Shorts, Will Bulls Liquidate Them And Reverse BTC Price?

    Key takeaways:Over-leveraged Bitcoin short positions between $63,000 and $66,000 have created a potential $2.6 billion squeeze trap for bears.Negative perpetual funding rates indicate...

    California’s proposed ‘billionaire tax’ is a terrible idea. We should do this instead.

    Almost everything about this tax is bad, and it obscures something much better that we do need. Source link

    Zcash Developers Weigh New Shielded Pool After Orchard Bug

    Zcash developers and researchers are discussing whether a new shielded pool could help restore supply verification confidence after a recently patched Orchard vulnerability.Shielded...

    Jane Street taps former Barclays e-FX trader

    Jane Street has hired George Fordham, a former director within Barclays’ electronic foreign exchange trading team, in a sales and trading role.  Fordham spent almost 10 years at Barclays in...

    One quadrillion is the number used to describe the wealth effect of South Korea’s stock-market miracle

    Having more than doubled already this year, Korea’s stock market returns have driven a wealth effect that under an optimistic scenario could generate...

    Crypto Billionaires Bankroll Reform UK in First-Quarter

    Nigel Farage’s Reform UK received 7 million British pounds ($9.4 million) from two crypto billionaires this year, with total funds raised outstripping all...

    In ‘wild’ twist, SpaceX won’t be allowed early entry to the S&P 500 after all

    S&P Dow Jones Indices considered whether to loosen index requirements but opted to keep its policies unchanged. Source link

    OCC Head Says he only Feels ‘Political Pressure’ from Democrats over Crypto Trust Charter

    Jonathan Gould, the Comptroller of the Currency (OCC) nominated by Donald Trump, implied that the US president had not ordered him to approve or...

    Social Security is looking at a $500-a-month cut. Could a new bipartisan commission make a difference?

    A new legislative proposal would create a bipartisan commission to strengthen the finances of Social Security and Medicare at a time when the...

    Bitcoin ETF Ownership Shifts as Hedge Funds Sell and Banks Buy: CoinShares

    Professional ownership of US spot Bitcoin exchange-traded funds (ETFs) declined sharply in the first quarter as Bitcoin’s bear market deepened, suggesting that trading-oriented...

    ‘Vibe coding is burning us out’

    “Only a d***head says ‘vibe coding’ without sarcasm or intended insult. This s*** is burning us out so f***ing hard.”This is the rather...

    Think gas prices are high now? This quiet shift at U.S. refineries could trigger an even more painful summer.

    Planes over cars: $5-a-gallon gas could be here by July or August because of what is going on at refineries, one expert said. Source...

    Apex Group Joins Tokenized Real Estate Fund on Goldman Sachs Platform

    Apex Group is providing fund management services for a tokenized real estate fund whose shares are being issued on Goldman Sachs’ Digital Asset...

    Another redemption wave is spooking the $2 trillion private-credit market

    Private-credit woes are back in focus after a pair of l funds limited redemptions in the second quarter Source link

    Maelstrom Predicts Worldcoin Token Surge to $5

    Arthur Hayes’ investment firm Maelstrom said Worldcoin could surge to as high as $5 per token over the next few months, with WLD...