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Finance News — Page 112

Two Lawmakers Disclose SpaceX Stock Buys After Record IPO

Two Lawmakers Disclose SpaceX Stock Buys After Record IPO

Two members of Congress — Rep. Dan Meuser (R-Pa.) and Rep. Gil Cisneros (D-Calif.) — have disclosed purchases of SpaceX stock in the days after the company's record $75 billion IPO, the first known co

CNBC · 1mo ago
Portnoy Down Millions on Bitcoin, Vows to 'Go Down With the Ship'

Portnoy Down Millions on Bitcoin, Vows to 'Go Down With the Ship'

Dave Portnoy told Fox Business he's down millions on Bitcoin after buying at $100,000, calling it the thing he's been "most wrong about" in his trading career. This time, unlike his 2021 panic-sell, h

Decrypt · 1mo ago
Trump Discloses $1.4B in Crypto, Dismisses Grift Concerns

Trump Discloses $1.4B in Crypto, Dismisses Grift Concerns

Donald Trump's 2025 financial disclosure revealed more than $2 billion in total earnings, including roughly $1.4 billion from crypto ventures like his memecoin and World Liberty Financial, which the p

Cointelegraph · 1mo ago
Bitcoin price tags $62.3K nine-day high after global stocks hit historic record

Bitcoin price tags $62.3K nine-day high after global stocks hit historic record

Bitcoin climbed to a nine-day high of $62,295 on Friday as global equities set records and weak US jobs data shifted expectations toward a Fed pause, though the 200-week moving average now sits as key

Cointelegraph · 1mo ago
EU MiCA Rules Kick In With Patchy National Enforcement

EU MiCA Rules Kick In With Patchy National Enforcement

The EU's MiCA crypto regulation transition period has ended, handing enforcement to national regulators that vary widely in resources and experience — with ESMA pressing for action against unauthorize

Cointelegraph · 1mo ago
Farage Reported to Standards Watchdog Over Crypto Lobbying

Farage Reported to Standards Watchdog Over Crypto Lobbying

Labour MP Phil Brickell has reported Nigel Farage to Parliament's standards commissioner for allegedly lobbying the Bank of England on cryptocurrency policy that could benefit his largest donor, Tethe

Decrypt · 1mo ago
Bitcoin supply metric prints first 'buy' signal since late 2022 as bear market continues

Bitcoin supply metric prints first 'buy' signal since late 2022 as bear market continues

Bitcoin's Advanced Net UTXO Supply Ratio printed a 'buy' signal in late June and early July for the first time since November 2022, though contributing analysts cautioned the trigger alone doesn't gua

Cointelegraph · 1mo ago
Memory and semiconductor stocks lose momentum, bitcoin rebounds in sign of changing investor focus

Memory and semiconductor stocks lose momentum, bitcoin rebounds in sign of changing investor focus

AI-linked memory and semiconductor stocks lost momentum in 2026 as Meta's reported push into selling excess GPU capacity rattled the AI-compute trade, while bitcoin rebounded from a two-year low — rai

CoinDesk · 1mo ago
RBI Revives Push to Isolate Indian Banks From Crypto

RBI Revives Push to Isolate Indian Banks From Crypto

India's central bank is reportedly reviving its 2018 strategy to cut regulated financial institutions off from crypto dealings, despite India leading global adoption and the Supreme Court having struc

Cointelegraph · 1mo ago
Gold Rises 1.4% as Weak Jobs Data Cuts Fed Hike Odds

Gold Rises 1.4% as Weak Jobs Data Cuts Fed Hike Odds

Gold climbed 1.4% Friday to around $4,182 an ounce, putting the precious metal on track for its first weekly gain in five weeks as softer-than-expected June jobs data drove down expectations of a Sept

CNBC · 1mo ago
How BlackRock and Fidelity Drove Institutional Bitcoin Adoption

How BlackRock and Fidelity Drove Institutional Bitcoin Adoption

An explainer outlines how major financial institutions like BlackRock and Fidelity accelerated institutional Bitcoin adoption after spot Bitcoin ETFs launched, framing the trend as broad participation

The Block · 1mo ago
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Global Stocks Rebound; Dow Hits Record, South Korea Jumps

Global stock markets rebounded after a recent tech-led selloff, with the Dow hitting a record, South Korea jumping, and chipmakers and AI shares recovering across regions.

Google News Business · 1mo ago
Ether, Solana Lead Crypto Short Squeeze as Bitcoin Nears $62K

Ether, Solana Lead Crypto Short Squeeze as Bitcoin Nears $62K

A short squeeze that wiped $281 million from bearish crypto bets in 24 hours pushed ether, solana, and bitcoin sharply higher in the market's strongest week since mid-June.

CoinDesk · 1mo ago
Bitwise: Strategy's Dominance as Bitcoin Buyer Is Over

Bitwise: Strategy's Dominance as Bitcoin Buyer Is Over

Bitwise CIO Matt Hougan declared Strategy's days as the dominant Bitcoin buyer are likely over after its STRC preferred stock broke from its $100 par to below $75, coinciding with Bitcoin's slide to a

Cointelegraph · 1mo ago
Meta's 5GW Compute Buildout Defies Neocloud Overcapacity Call

Meta's 5GW Compute Buildout Defies Neocloud Overcapacity Call

SemiAnalysis reports Meta has contracted over 5GW of compute capacity in the first half of 2026 and is positioning itself with four high-margin monetization paths, arguing the neocloud sell-off trigge

Google News Business · 1mo ago
Barron's Calls SpaceX Valuation 'Catastrophic'

Barron's Calls SpaceX Valuation 'Catastrophic'

Barron's labeled SpaceX's valuation 'catastrophic' as Bloomberg declared the 'end of SpaceX's FOMO trade,' though a separate Barron's analyst simultaneously set a $190 buy target citing Starlink and A

Google News Business · 1mo ago
Crypto Shorts Get Rekt as Bitcoin, Ethereum and XRP Rise to Weekly High Prices

Crypto Shorts Get Rekt as Bitcoin, Ethereum and XRP Rise to Weekly High Prices

Bitcoin and other major cryptocurrencies rallied Thursday, pushing BTC back above $62,000 and triggering over $600 million in liquidations—roughly two-thirds of which came from short positions betting

Decrypt · 1mo ago
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U.S. Adds 57K Jobs; Consumer Confidence Sags

The U.S. labor market continues to post job gains — but Americans' confidence in finding new work has fallen to its lowest level since before Covid vaccines were widely available, creating a split-scr

Google News Business · 1mo ago
June jobs report: US payrolls rose by 57,000, missing expectations - Yahoo! Finance Canada

June jobs report: US payrolls rose by 57,000, missing expectations - Yahoo! Finance Canada

US employers added just 57,000 jobs in June, missing expectations, as the labor force participation rate fell to a 50-year low outside the Covid era — a sign job seekers are giving up rather than find

Google News Business · 1mo ago
Smaller tokens lead as bitcoin, sol rally in 'first real bounce of the selloff'

Smaller tokens lead as bitcoin, sol rally in 'first real bounce of the selloff'

Smaller crypto tokens led a broad market rebound after Federal Reserve Chair Kevin Warsh's dovish comments at Sintra triggered what analysts called the 'first real bounce of the whole selloff,' liftin

CoinDesk · 1mo ago

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