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AI chipmaker Cerebras down 11% after first public earnings report
In its first earnings report since its May IPO, Cerebras Systems (CBRS) is lower by 11% in after-hours trading after guiding to lower profit margins…
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$170M Ether longs liquidated as crypto market tumbles: Is ETH doomed?
ETH price hangs in the balance as a fresh wave of liquidations pressure the altcoin and spillover from Bitcoin’s struggles to hold $62,000 impact investor…
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What Andy Burnham Means for Crypto in the UK
Amid waning poll numbers and pressure from inside the Labour Party, Prime Minister Keir Starmer has stepped down. During Starmer’s tenure, the government introduced a…
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Crypto critic Nouriel Roubini embraces tokenization with ETF-backed ‘Technodollar’
The launch is the latest example of tokenization, a fast-growing sector that puts traditional assets such as funds, bonds and stocks on blockchain networks. Supporters…
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Mark Zuckerberg Ordered Meta Staff to Develop Moneyless Prediction Market: NYT
Meta CEO Mark Zuckerberg has reportedly directed his staff to create a prediction markets mobile app called “Arena” in what could become a challenge to…
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Crypto isn't the problem with the US economy, says senator
Louisiana Senator John Kennedy largely dismissed what he called the “promotion” of cryptocurrency by the Digital Chamber CEO Cody Carbone in a Senate hearing on…
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OG Bitcoin Selling Falls To 19-Month Low As New Bottom Signal Arises
Bitcoin (BTC) holders who acquired their coins more than five years ago have cut spending to a 90-day average of 962 BTC, the lowest level…
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Zcash Miner Fortitude to Go Public in HeartSciences Merger
Zcash miner Fortitude Mining Holdings is set to merge with medical technology company HeartSciences in a deal that will allow Fortitude to become publicly traded…
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Meta is developing a prediction market app called ‘Arena’ as sector booms: NYT
Meta (META), the parent company of Facebook, is developing a new app called “Arena” that mirrors a prediction market platform, according to people familiar with…
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CFTC Chair Reiterates Origins in Regulating Agricultural Markets, Despite Crypto and Prediction Markets Push
Commodity Futures Trading Commission (CFTC) Chair Michael Selig on Tuesday acknowledged fundamental differences in the traditional commodity markets it has long regulated and its more…
