Memecoin Craze Is 'Unquestionably Over' as Crypto Heads Towards Maturation, Nic Carter Says
The memecoin market, once pitched as a "fair launch" opportunity for traders, has been exposed as a rigged game, Carter said.
Treasuries Rise as Fed Minutes Reveal Discussion of Pausing Balance-Sheet Runoff
(Bloomberg) -- US Treasuries rose after the minutes from last month’s Federal Reserve meeting revealed policymakers discussed pausing or slowing the balance-sheet runoff until the government’s debt-ceiling drama is resolved.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Mill
Bitcoin could see a ‘2020-style crash’ soon, predicts former Alameda co-founder
Bitcoin’s recent low volatility may be misleading, warns former Alameda co-founder Tara McAulay.
Short sellers lose $73 billion amid market rally to start 2025
The 2025 stock market rally has not been kind to short sellers.
Analog Devices Stock Hits All-Time High After Earnings Beat, $10B Buyback Boost
Analog Devices shares soared to an all-time high Wednesday after the company’s fiscal first-quarter results topped expectations and the company boosted its share-buyback program.
Oil Edges Higher in Aimless Trade as Supply Uncertainties Rise
(Bloomberg) -- Uncertainties about crude supplies from Russia, Kazakhstan and OPEC+ pushed oil prices higher. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid ScrutinyWest Texas Intermediate edged above $72 a barrel, extending gains to the highest closin
Binance.US reintroduces USD services as pro-crypto climate takes hold in the U.S.
Recently, the SEC also temporarily paused its lawsuit against the company, indicating a shift in the regulatory environment.
Hims & Hers Stock Hits Record High on Blood-Testing Lab Acquisition
Hims & Hers Health shares jumped some 20% to a record high on Wednesday following the announcement that it acquired lab testing facility Trybe Labs.
Fed officials weighed slowing or pausing bond drawdown last month
(Reuters) -Uncertainty over how the U.S. Treasury will manage debt issuance over the next few months drove some Federal Reserve officials to contemplate at their last policy meeting slowing or pausing the ongoing drawdown of their balance sheet until greater clarity arrives. Fed officials, in minutes of the central bank’s January 28-29 Federal Open Market Committee meeting released on Wednesday, flagged the challenge of getting a clean read on market liquidity as the government wrangles over spending plans amid a legally mandated borrowing cap that will affect how the Treasury Department manages its cash. “Regarding the potential for significant swings in reserves over coming months related to debt ceiling dynamics, various participants noted that it may be appropriate to consider pausing or slowing balance sheet runoff until the resolution of this event,” the minutes noted.
Putin Says Global Energy Market Needs Russia-US-Saudi Talks
(Bloomberg) -- The global energy market needs trilateral discussions between Russia, the US and Saudi Arabia, said President Vladimir Putin.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid ScrutinyThe comments follow the meeting between top officials fro