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Kalshi in ‘impossible position’ as US and Michigan orders clash
The CFTC has ordered prediction market Kalshi to ignore a Michigan state court order to cancel trades, creating a direct legal conflict.The agency argues...
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Bitcoin reclaims $64K as crypto market rebounds
Bitcoin (BTC) has reclaimed the $64,000 level after a recent dip, rising nearly 10% in the last two weeks.The global cryptocurrency market cap rose...
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Palihapitiya Sees ‘Obvious Logic’ in Tesla-SpaceX Merger
Billionaire investor Chamath Palihapitiya said there is "very obvious industrial logic" in combining Tesla and SpaceX under one capital structure.Palihapitiya highlighted SpaceX's direct-to-cell business...
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US Freezes $130M in Iran-Linked Crypto Amid Middle East Tensions
US Treasury ordered the freezing of over $130 million in cryptocurrency tied to Iran amid escalating Middle East hostilitiesTether froze four Tron wallets holding...
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OpenAI Questions Merit of Apple’s Trade Secrets Suit
Apple accused OpenAI of targeting current and former employees to obtain confidential documents, designs, and hardware details in a California lawsuit.OpenAI responded that it...
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Senate to vote on crypto bill amid ethics corruption debate
The US Senate is expected to vote before August 10 on the CLARITY Act, a Republican-backed bill to establish market structure rules for digital...
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IBM shares plummet 25% after earnings miss, worst drop in decades
IBM shares plunged up to 25% on Tuesday after missing Q2 earnings expectations, marking the company's worst single-day drop in decades.Revenue came in at...
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DeepMind CEO: AGI just years away, demands new US safety tests
Google DeepMind CEO Demis Hassabis predicts AGI will arrive within a few years, comparing it to the discovery of electricity or fire.He proposes a...
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AMD stock jumps on expanded Microsoft Azure partnership
AMD stock surged 1.58% on July 20, gaining an additional 3.56% in pre-market trading after announcing an expanded partnership...
Moreno: DOJ, not states, to enforce CLARITY Act ethics
The White House reportedly agreed to ethics language for the CLARITY Act, potentially clearing a major Senate roadblockSenator Bernie...
Bitcoin ETFs Hit Five-Day Inflow Streak, BTC Above $65K
US spot Bitcoin ETFs recorded $226.9 million in net inflows on Monday, their fifth consecutive day of positive flows.The...
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