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Bank of America now expects the Federal Reserve to raise interest rates three times in 2026, reversing its earlier call for the central bank to stay on hold. The shift follows a warning that the Fed’s inflation problem has become “unambiguously worse.” A Sharp Reversal Bank of America’s economics team made the hawkish call this … Read more
Michael Selig told US cotton producers that the agency’s regulatory approach to crypto perpetual futures may not be a “natural fit for traditional commodity markets, like agriculture.” Go to Source
Cathie Wood’s Ark Invest bought roughly $32.5 million of SpaceX stock on the dip, deepening a position it has aggressively built since the company’s record initial public offering (IPO). Buying Into the Selloff Ark Invest purchased 210,121 shares of SpaceX (Nasdaq: SPCX) worth about $32.5 million at Monday’s close. The buy was spread across four … Read more
As US regulatory changes accelerate the adoption of crypto perpetual futures and rivals Coinbase and Kalshi expand their offerings, Cboe mulls a product overhaul. Go to Source
Banks across Europe and South Korea will study whether regulated euro and won stablecoins can enable real-time cross-border foreign exchange settlement. Go to Source
U.S. markets turned lower Tuesday as a semiconductor-led selloff, hawkish Federal Reserve signals, and softer digital assets overwhelmed earlier relief from Middle East diplomacy. At 10:48 a.m. Eastern time on Tuesday, June 23, 2026, the Nasdaq Composite stood at 25,766.67, down 399 points, while the S&P 500 was at 7,413.96, off 58.83 points. The NYSE … Read more
The Bitcoin Puzzle Challenge, a decade-old onchain bounty system now holding roughly 916.52 BTC worth approximately $58.87 million at current prices, sits at a new frontier as community solvers push past Puzzle 70 and set their sights on a 71-bit keyspace target that pool telemetry suggests could take centuries to brute-force. A Challenge Built Over … Read more
Bitcoin stayed volatile while bulls tried to preserve support at local lows while stocks prepared for Micron forward earnings and digested Asia losses. Go to Source
The Ethereum Foundation (EF) announced Tuesday it is cutting 54 employees, roughly 20% of its workforce, as part of a months-long reorganization designed to sharpen its focus on what it calls the critical work only the EF can do. Leaner Structure, Narrower Focus The foundation published a formal post from EF management outlining the new … Read more
SpaceX’s $600 billion wipeout rattles tech markets, putting Bitcoin’s $60,000 support at risk as traders brace for a deeper BTC selloff. Go to Source