Letitia James has rallied Congress to support stopping US retirement funds from investing in crypto or crypto ETFs, which she claimed have “no intrinsic value.” Letitia James has rallied Congress to support stopping US retirement funds from investing in crypto or crypto ETFs, which she claimed have “no intrinsic value.” New York Attorney General Letitia James has sent a letter...
The sharp rise in Treasury yields likely stems from the unwinding of basis trades and could trigger liquidity crisis, deepening the sell-off in risk assets. A man trapped in the ocean. (nikko macaspac/Unsplash) What to know: The Treasury basis trade is being squared off, leading to higher bond yields and tighter liquidity in financial markets. The U.S. stock futures...
US President Donald Trump told reporters he wasn’t intentionally engineering a market sell-off, but “sometimes you have to take medicine to fix something.” US President Donald Trump told reporters he wasn’t intentionally engineering a market sell-off, but “sometimes you have to take medicine to fix something.” Cryptocurrency prices tumbled as the US stock futures market opened sharply lower on April...
The preliminary injunction blocking Bitcoin purchases is connected with a broader dispute surrounding a merger with Fatbrain AI that went sour in October last year. The preliminary injunction blocking Bitcoin purchases is connected with a broader dispute surrounding a merger with Fatbrain AI that went sour in October last year. Singapore-based artificial intelligence firm Genius Group says it’s temporarily barred...