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You Can Thank Private Equity for That Enormous Doctor’s Bill

Private-equity investors have poured billions into healthcare but often game the system, hurting both doctors and patients. This is the first in a three-part series on concentration in American healthcare.
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News
30 May 2024

Gold (XAU/USD) Eyes Support, US GDP and Core PCE on the Horizon

The recent push higher in global bond yields is weighing on the precious metal as two key US economic data releases near.
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Forex
30 May 2024

Chiliz’s CHZ Token Pre-UEFA Euro Price Surge Revives FIFA Memories

CHZ has surged over 20% in seven days, the third-biggest gain among the top 100 cryptocurrencies by market value.
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Cryptocurrency
30 May 2024

BlackRock Amends Ethereum ETF Application; Bloomberg’s Balchunas Sees ETF Going Live By June

A 'Seed Capital Investor' has purchased 400,000 shares of the proposed filing, BlackRock revealed in its document.
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Cryptocurrency
30 May 2024

President Marcos Welcomes UNSGSA Queen Máxima and BSP Governor in Malacañang

PDate: 5/30/2024
Content:
Photo shows President Ferdinand R. Marcos, Jr. (middle right), Her Majesty Queen Máxima of the Netherlands (middle left), the United Nations Secretary-General's Special Advocate for Inclusive Finance for Development (...
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News
30 May 2024

This Record Stock Market Is Riding on Questionable AI Assumptions

Just four giant technology stocks added more market value than the rest of the S&P 500 put together this month. More than half of the gain came from Nvidia.
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News
30 May 2024

The FDIC Chairman Is Resigning Under a Cloud. He’s Still in Charge.

After investigations revealed a toxic workplace at the banking regulator, the chairman told staff that he would step down once a successor is confirmed.
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News
30 May 2024

BHP-Anglo Deal Is Off—the Mining Land Grab Is Still On

The world’s most valuable mining company couldn’t persuade Anglo American to sell, but the story doesn’t end here.
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News
30 May 2024

Gold Price Trade Setup: Bearish Scenario Contingent on Support Breakdown

This article explores a bearish trade setup for gold prices, pinpointing a critical support area that, if breached, could signal a deeper pullback on the horizon.
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Forex
29 May 2024

U.S. Lawmaker at Center of Crypto Negotiation Predicts Digital Assets Law by Next Year

Rep. Patrick McHenry (R-N.C.) vowed the crypto industry won't have long to wait to get U.S. regulations, now that the U.S. House of Representatives has shown the way.
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Cryptocurrency
29 May 2024

U.S. Treasury Isn’t Trying to Ban Crypto Mixers, Top Official Says

FinCEN’s 2023 proposal to require crypto companies to report transactions that involved mixing is about transparency, not banning mixers, said Brian Nelson, U.S. Treasury undersecretary.
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Cryptocurrency
29 May 2024

Crypto Is a Core American Issue, Consensys’ Joe Lubin Says

The Ethereum co-founder discusses why his firm decided to sue the SEC on stage at Consensus 2024.
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Cryptocurrency
29 May 2024

NYSE Would Consider Crypto Trading If Regulatory Picture Were Clearer, President Says at Consensus 2024

NYSE President Lynn Martin and Bullish CEO Tom Farley discussed crypto regulations, changing U.S. politics and the limitations and opportunities of blockchain tech to improve traditional markets.
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Cryptocurrency
29 May 2024

Web3 Digital Identity Network Galxe Crafts Own Layer-1 Blockchain Gravity

Gravity's first iteration will go live this June, with plans for the final version with staking and restaking to launch in the second quarter of 2025.
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Cryptocurrency
29 May 2024

Is Crypto on the Cusp of a Bull or Bear Market? Using Consensus 2024 as a Barometer

Conference attendees give their say on market sentiment.
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Cryptocurrency
29 May 2024

Rising Bond Yields Weigh on Stocks

The Dow, S&P and Nasdaq all fell after bond yields climbed to their highest level in a month. 
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News
29 May 2024

U.S. Treasury Describes NFTs as ‘Highly Susceptible to Use in Fraud and Scams’

"The report determines that illicit actors can use NFTs to launder proceeds from predicate crimes," the Treasury said.
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Cryptocurrency
29 May 2024

TradFi Rushes In: Goldman Sachs Digital Assets Lead Matthew McDermott on the Institutional Embrace of Tokenization

The financial industry veteran discusses ETFs, tokenization and future banking blockchain opportunities at Consensus 2024.
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Cryptocurrency
29 May 2024

The Protocol: Behind the Scenes as Big-Tent Consensus Goes Up

We took a spin through some of the side events and preparations taking place Tuesday ahead of CoinDesk's annual conference, which starts Wednesday in Austin.
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Cryptocurrency
29 May 2024

U.S. House’s Emmer Says Best Hope for Crypto Legislation Is Year-End Session

Despite the crypto industry's high-profile recent wins in Congress, major legislation faces a massive practical roadblock in the Senate, U.S. Rep. Tom Emmer (R-Minn.) acknowledged Wednesday, saying that chamber will want its own say in a big crypto bil...
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Cryptocurrency
29 May 2024

Cathie Wood Says Ether ETF Filings Were Approved Because Crypto Is an Election Issue

Wood says the filings in support of ether ETFs were not approved in a regular way.
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Cryptocurrency
29 May 2024

How Gunnar Lovelace Is Trying to ‘Unf*ck’ the World

The serial entrepreneur and ethical capitalist’s latest effort at civil disobedience is being previewed at Consensus 2024.
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Cryptocurrency
29 May 2024

The U.S. Response to Binance Exec Tigran Gambaryan’s Detention Is Shameful

…
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Cryptocurrency
29 May 2024

Trader Buys 2M Dogecoin Call Options as Meme Coin Market Heats Up

A trader bought $2 million worth of dogecoin {{DOGE}} call options at a strike price of $0.22 on Wednesday, according to PowerTrade's head of institutional sales, Bernd Sischka.
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Cryptocurrency
29 May 2024

Bitfarms Says Riot Bid ‘Significantly Undervalues’ Crypto Miner, Is Exploring Options

…
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Cryptocurrency
29 May 2024

Fetch.ai, SingularityNET, Ocean Protocol Set Date for Artificial Superintelligence Alliance Token Merger

The three AI platforms will complete their token merger on June 13, and the FET token will be renamed ASI two days before.
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Cryptocurrency
29 May 2024

EUR/USD Latest – ECB Set to Cut Rates Next Week Despite Rising German Inflation

German inflation grew on an annualised basis, data released today showed, but the market still believes that the ECB will start cutting interest rates next week
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Forex
29 May 2024

Gemini Announces Full Recovery of Earn Users’ Digital Assets

In-kind recovery of Gemini users' funds means they'll get 232% of the value of their assets back.
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Cryptocurrency
29 May 2024

Crypto Wallet Firm Fordefi Expands in Indonesia Powering Pintu Web3 Self-Custodial Wallet

The move is part of Fordefi's plan to extend its wallet service mostly used by institutional investors to retail-facing trading platforms.
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Cryptocurrency
29 May 2024

PayPal Makes Retail Stablecoin Play with PYUSD on Solana

PYUSD has around 8,600 holders on the Ethereum blockchain and a market cap of a tick under $400,000
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Cryptocurrency
29 May 2024

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