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Finance News — Page 240

Trump: 'I love the inflation' after CPI hits 3-year

Trump: 'I love the inflation' after CPI hits 3-year

Trump told reporters in the Oval Office 'I love the inflation' after new CPI data showed annual inflation hit 4.2%, a three-year high. He attributed the level to secret U.S. military operations he sai

CNBC · 4mo ago
DeFi Builders Must Act as Managers; Bitcoin Reinsurance

DeFi Builders Must Act as Managers; Bitcoin Reinsurance

DeFi developers are urged to adopt accountable money‑manager practices—real‑time reserves, multi‑sig controls—to satisfy institutional investors, while Bitcoin holders are advised to hedge market stre

CoinDesk · 4mo ago
SpaceX Perps Price In 20% IPO Pop, Down From May Highs

SpaceX Perps Price In 20% IPO Pop, Down From May Highs

Crypto traders on Hyperliquid are pricing SpaceX's upcoming IPO at roughly a 20% first-day pop above its $135 share price, though those signals have cooled sharply from May peaks above $220 as the bro

CNBC · 4mo ago
The Bank of Canada was right to hold rates, but where to from here?

The Bank of Canada was right to hold rates, but where to from here?

The Bank of Canada kept its policy rate unchanged at 2.25% amid rising headline inflation and volatile gasoline prices tied to the Iran war, while core inflation measures eased and input‑cost indexes

Globe and Mail Business · 4mo ago
Tenev says Robinhood won underwriter approval as crypto markets front-run mega IPOs

Tenev says Robinhood won underwriter approval as crypto markets front-run mega IPOs

Robinhood secured underwriter status for IPOs, while crypto platforms expand tokenized pre‑IPO products and onchain perpetuals, offering retail investors new ways to access mega‑IPOs such as SpaceX, a

Cointelegraph · 4mo ago
Fold sells $45M Bitcoin, clears debt, stock up 162%

Fold sells $45M Bitcoin, clears debt, stock up 162%

Fold Holdings sold $45 million of Bitcoin, used $20 million to retire all secured debt and allocated the remaining $25 million to growth, prompting its shares to surge over 160 % after the announcemen

Decrypt · 4mo ago
Bitcoin trims losses after core CPI rises less than feared 0.2% in May

Bitcoin trims losses after core CPI rises less than feared 0.2% in May

May CPI data showed headline inflation in line with forecasts at 0.5% month-over-month, while core CPI came in softer at 0.2% versus 0.3% expected, prompting Bitcoin to trim losses and trade around $6

CoinDesk · 4mo ago
Gold, silver and bitcoin fall as traders up Fed rate hike bets

Gold, silver and bitcoin fall as traders up Fed rate hike bets

Gold, silver and bitcoin fell sharply on Wednesday as traders priced in higher odds of a Federal Reserve rate hike, pushing real yields higher and squeezing non‑yielding assets amid inflation concerns

CNBC · 4mo ago
Two reasons for optimism after Tuesday's whipsaw market sell-off

Two reasons for optimism after Tuesday's whipsaw market sell-off

After Tuesday's sharp sell‑off, investors found optimism in bullish call buying on rate‑sensitive stocks, a dip in crude oil below $86, and strong options activity ahead of Oracle’s earnings as the ma

CNBC · 4mo ago
8M BTC Underwater as Crypto Capitulation Deepens

8M BTC Underwater as Crypto Capitulation Deepens

Over 8 million Bitcoin and the bulk of Ethereum's circulating supply now sit at a loss as the 2026 crypto drawdown deepens into what on-chain analytics firm Glassnode calls 'intense capitulation,' wit

Decrypt · 4mo ago
Bank of Canada expected to hold key interest rate for fifth consecutive time as economy stagnates

Bank of Canada expected to hold key interest rate for fifth consecutive time as economy stagnates

The Bank of Canada is poised to keep its policy rate at 2.25% for a fifth straight meeting as inflation eases but growth stalls, leaving markets to read the upcoming press conference for clues on futu

Globe and Mail Business · 4mo ago
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Tech Stocks Slide Ahead of May CPI Report

Ahead of the May CPI release, tech equities fell, and U.S. stock futures slipped after Washington launched self‑defense strikes against Iran, highlighting the market’s sensitivity to both inflation da

Google News Business · 4mo ago
Chainalysis, South Korean police link up to fight crypto crime

Chainalysis, South Korean police link up to fight crypto crime

Chainalysis and the Korean National Police Agency have formalized a partnership through a memorandum of understanding to equip investigators with advanced training, certification and practical resourc

Cointelegraph · 4mo ago
Live updates: What's next for bitcoin as it faces headwinds from SpaceX, Fed rates, and Mythos

Live updates: What's next for bitcoin as it faces headwinds from SpaceX, Fed rates, and Mythos

Blockchain lending protocol Morpho secured $175 million in a funding round, while its MOPRHO token surged 14%, signaling that traditional finance continues to invest in on‑chain credit despite the bro

CoinDesk · 4mo ago
SoftBank’s Attempt to Get $6 Billion OpenAI Margin Loan Stalls - Bloomberg.com

SoftBank’s Attempt to Get $6 Billion OpenAI Margin Loan Stalls - Bloomberg.com

SoftBank’s bid for a $6 billion margin loan from OpenAI has stalled, sparking an 8 % share plunge on the day and a cumulative 20 % drop over the week, eroding its market standing.

Google News Business · 4mo ago
China PPI Hits Near 4-Year High as Iran War, AI Lift

China PPI Hits Near 4-Year High as Iran War, AI Lift

China's wholesale inflation surged to a near four-year high in May as Iran war-driven energy costs and AI-fueled demand for raw materials pushed up factory input prices, while consumer inflation staye

CNBC · 4mo ago
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Asian stocks fall as US‑Iran flare‑up, chip losses hit

Asia's equity markets slipped amid heightened US‑Iran tensions, chip sector losses and inflation concerns, pulling down major indices like the FTSE 100 and prompting a broader sell‑off in world shares

Google News Business · 4mo ago
May CPI Set to Top 4% as Core Prices Also Climb

May CPI Set to Top 4% as Core Prices Also Climb

Wednesday's May CPI report is expected to show consumer prices climbing 4.2% annually — the first time above 4% since 2023 — with rising core prices suggesting inflation is broadening beyond the energ

CNBC · 4mo ago
Bitcoin slides toward $62K as bear-market patterns

Bitcoin slides toward $62K as bear-market patterns

Bitcoin slipped toward $62,000 local lows at Tuesday's Wall Street open, with technical analysts flagging that the price action mirrors patterns seen before the 2018 and 2022 cycle bottoms.

Cointelegraph · 4mo ago
Vinted boss sees 'fundamental' shift in consumer patterns, as secondhand firm notches $9 billion valuation

Vinted boss sees 'fundamental' shift in consumer patterns, as secondhand firm notches $9 billion valuation

Vinted's marketplace CEO declared a 'fundamental' and lasting shift toward secondhand consumption as the Lithuanian resale platform completed a €880 million secondary share transaction valuing it at o

CNBC · 4mo ago

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