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Rain Secures $24.5 Million Funding To Enhance Crypto Visa Card Offerings
Rain, a startup focused on issuing Visa debit and credit cards that facilitate the use of stablecoins, has successfully raised $24.5 million in a recent funding round.
Morgan Stanley says Fed poised to regain positive cash flow
(Reuters) -The Federal Reserve appears to be on the threshold of ending a historic streak of losses, which in turn could get it back on track to returning cash to the Treasury somewhere down the line, analysts at Morgan Stanley said in a note on Monday. At issue is the relationship between how the Fed makes money to fund its operations and the cash it pays as part of the system to maintain control over short-term interest rates. Aggressive rate rises starting three years ago tipped Fed books deeply into the red and now, with short-term rates down, the investment bank believes the Fed is hovering near the point where it can earn money again.
SEC's Crypto Crackdown Vs. Ripple's Legal Victory: ETFs in Focus
The SEC's prolonged legal battle against the crypto industry has officially ended.
Trump says he would like to see the Federal Reserve lower interest rates
President Donald Trump urged the Federal Reserve on Monday to lower interest rates after the U.S. central bank last week kept them unchanged. "I'd like to see the Fed lower interest rates," Trump said during a meeting with his cabinet at the White House.
Bayer Stock Slumps After Firm Ordered To Pay More Than $2B in Latest Roundup Case
Bayer was ordered to pay more than $2 billion by a jury in a Georgia state court in the latest legal case surrounding alleged cancer risk tied to its Roundup weed killer.
Here's Why UBS Analysts Are Bullish on American Steel Stocks
UBS analysts on Monday upgraded the shares of several U.S. steelmakers, citing Trump's "tariff support."
Mag 7 Returns Would Improve With Bitcoin Replacing Tesla: StanChart
Bitcoin could be viewed as serving multiple purposes in a tech portfolio, paving the way for more institutional buying, the bank's digital asset research head said.
Vitol and Gunvor Rock Metals Markets With Big Aluminum Bets
(Bloomberg) -- Some of the world’s biggest energy traders are making waves in global metals markets by taking positions so large that they prompted questions from the London Metal Exchange.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsLibraries Warn They Could Be ‘Cut off
Bitcoin jumps 3% on reports that Trump will opt for fewer tariffs than expected
Trump’s stance on tariffs has led investors to flee risky assets like crypto in recent weeks.
S&P 500 Reclaims 200-Day Moving Average, Providing Tailwind for Bitcoin
Key technical breakouts in equities and crypto signal could signal renewed bullish momentum.