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    Markets

    Jeep maker Stellantis is taking $26 billion hit over miscalculating EV demand

    Shares of Stellantis are headed for their worst-ever day of trading after the carmaker announced a massive charge to reset its business. Source...
    Markets

    Bitcoin ETFs Record $434M Outflows Amid BTC Slide Below $70K

    Bitcoin exchange-traded funds (ETFs) continued to see outflows on Thursday, shedding almost $1 billion over the past two days as debate grows over...
    Cryptocurrency

    Explain this financial paradox to me like I’m 16. Why would I, or anyone, lease a car?

    “‘What’s the point of paying thousands of dollars?” Source link
    Markets

    Bitcoin Crashes to $60K as Sentiment Hits 2022 Lows

    Crypto market sentiment has slumped to its lowest level in over three and a half years amid Bitcoin falling by double-digit percentage points...
    Cryptocurrency

    Bulls facing a ‘make-or-break’ moment as the S&P 500 nears a line in the sand

    Expect more downside if the benchmark index slides below 6,720. Source link
    Markets

    Gemini To Exit UK, EU, and Australia To Focus on Business in US

    Crypto exchange Gemini announced its exit from the United Kingdom, European Union and Australia markets on Thursday, as the company slashed its workforce...
    Cryptocurrency

    Why Alphabet’s stock is falling despite booming cloud growth

    Shares declined Thursday as Google’s staggering $185 billion capital-expenditure forecast overshadowed a blowout fourth quarter. Source link
    Markets

    Multiliquid, Metalayer Roll Out Instant Redemptions for Tokenized RWAs

    Multiliquid and Metalayer Ventures have launched an institutional liquidity facility to provide instant redemptions for tokenized real-world assets (RWAs) on Solana.The facility allows...
    Cryptocurrency

    Market-makers seek answers about CME’s cloud move

    More than four years after CME announced plans to migrate its technology systems to Google Cloud, market-makers say they are still not getting...
    Currencies

    My brother, a corporate lawyer, refuses to sell our family’s $175K lake house. Do I push the issue and risk ruining our relationship?

    “I would like to receive my share of the proceeds.” Source link
    Markets

    Bitcoin Sees First $69,000 Dip in 15 Months as ‘Someone Enormous’ Sells

    Bitcoin (BTC) fell below $70,000 on Thursday as suspicions over coordinated selling boiled over.Key points:Bitcoin tumbles below 2021 highs for the first time...
    Cryptocurrency

    These hidden costs of car ownership are giving buyers sticker shock long after they leave the dealership

    While eye-popping vehicle prices have been front and center for car buyers for the past several years, other less visible costs of car...
    Markets

    CFTC Pulls Proposal Banning Sports Prediction Markets

    The US Commodity Futures Trading Commission has withdrawn a Biden administration-era proposal that would have banned sports and political prediction markets, some of...
    Cryptocurrency

    The Fed has bought over $90B in Treasury bills since December. Why this has a huge impact on your finances.

    The Treasury Deparment said Wednesday that the Federal Reserve has bought more than $90 billion of short-dated government bills over the past eight...
    Markets

    $55B in BTC Futures Positions Unwound In 30 Days: Will Bitcoin Recover?

    Bitcoin’s (BTC) struggle to hold above $70,000 carried on into Wednesday, raising concerns that the a drop into the $60,000 range could be...
    Cryptocurrency

    CFTC Withdraws Event Contracts Rule Proposal and Staff Sports Event Contracts Advisory

    WASHINGTON — The Commodity Futures Trading Commission today announced it has withdrawn the notice of proposed rulemaking titled “Event Contracts” that published June 10,...
    Futures & Commodities
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