The prediction market platform is developing the platform to create a singular platform for its highly engaged traders. Source: www.cnbc.com Read Full Story
ETH just crashed below $2,000 and is now trading near $1,841. Prediction markets place a 71% chance on a drop to $1,500—and the charts aren’t pushing back. Source: decrypt.co Read Full Story
Ripple is pushing its dollar-backed stablecoin into Turkey, betting that one of the world’s most active digital-asset markets is ready for a more regulated version of the digital dollars already used to navigate currency weakness and limited access to traditional dollar savings. On June 2, the Brad Garlinghouse-led company announced that its US dollar-pegged stablecoin,…
The AI-Driven Enterprise Institute released new research that breaks down the degree to which S&P 500 companies are adopting AI compared with their peers. Source: www.cnbc.com Read Full Story
When the Trump family faced pressure from banks, it embraced crypto. Now, immigrants who are in the U.S. illegally face a similar choice. Source: decrypt.co Read Full Story
The US Treasury market is the foundation of the global financial system. It determines mortgage rates, government borrowing costs, corporate lending, and the price of money across the world. For decades, investors treated it as the safest and most stable market on Earth. But after years of exploding government debt, repeated liquidity scares, and increasingly…
Bowman said reacting to the inflation surge, driven primarily by energy prices and tariffs, has proven ineffective. Source: www.cnbc.com Read Full Story
Prediction market giant Kalshi has asked a federal judge to prevent Minnesota from allowing the ban to go into effect in August. Source: decrypt.co Read Full Story
Hut 8 is pushing even further into AI infrastructure than most other Bitcoin miners are. Its latest disclosures show a company using power access, data center leases, project debt, and BTC-backed liquidity to build the financing stack for that move. The company’s latest disclosures put numbers around that transition. Hut 8 reported $16.8 billion in…
Prolonged closure of Strait of Hormuz could send crude oil prices to new highs this summer. Source: www.cnbc.com Read Full Story