A $7 billion crypto ETF plumbing boom just ran into the IRS
The Internal Revenue Service (IRS) is scrutinizing a crypto-linked ETF tax strategy as Washington intensifies its campaign against structures designed…
Fed guarantees 2-day stablecoin payouts, but $76B remains blocked
The Federal Reserve’s stablecoin proposal would put a general two-business-day limit on redemption by issuers it supervises. For a customer…
Kalshi Weighs $1B Funding Round at Nearly $40B Valuation as It Expands
Kalshi is considering a funding round of about $1 billion at a valuation near $40 billion, according to reports, as…
OpenAI valuation could hit $1.4T in new funding round: Report
ChatGPT developer OpenAI is reportedly eyeing another $30 billion raise that could value it at $1.4 trillion, making it one…
The Likelihood of a Fed Rate Hike Has Dropped Sharply—Here’s Why and the Latest Update
Market expectations that the Fed will raise interest rates again in October have significantly declined following comments by New York…
Robinhood adds AI agents, perps and weekend trading in push to win active traders
Robinhood (HOOD) is borrowing more from the crypto playbook as it looks to win more business from active traders on…
Why $28B in weekend trading has Wall Street chasing crypto’s 24/7 model
For years the crypto industry had one apparent advantage over the stock market: while Bitcoin [BTC] never sleeps, stock exchanges…
Tokenized Stocks Hit $3.6B as Avalanche and Solana Split the Market
Avalanche Leads Tokenized Stock Growth as Solana Wins New Users Tokenized equities are starting to reveal two very different growth…
Analyst Predicts SpaceX Stock Price to Hit $200 Amid AI Boom
The SpaceX (SPCX) stock price ended the session on September 29 in the green, suggesting strong investor confidence. In addition,…
Greece gets first MiCA entrants as watchdog denies Binance-Lagarde claim
Greece has entered the European Union’s crypto regulatory register for the first time, with four providers added. Four Greek providers…