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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...

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...

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...

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...

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...

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...

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...

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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If Ripple loses lawsuit, cryptocurrency company behind XRP moves abroad

The US financial watchdog SEC's lawsuit against cryptocurrency company...