The stock market has been ripping, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all near record highs. Given this is happening while inflation is rearing its head and consumer sentiment hits all-time lows, it’s making some investors uneasy. Many are rotating out of the high-flying artificial intelligence (AI) stocks fueling the…
Key Takeaways Cryptoquant data shows XRP exchange availability increased as scarcity metrics weakened. Investors are monitoring Binance liquidity as higher supply can pressure prices. Meanwhile, derivatives markets recorded $13.53 million in liquidations during volatility. XRP Availability on Binance Expands While Price Remains Under Pressure At 3:05 p.m. EDT on June 24, XRP is trading at…
Prediction markets company Kalshi has filed a lawsuit against state officials in Illinois over legislation it says “expressly bans sports event contracts” on its platform. In a Tuesday filing in the US District Court for the Northern District of Illinois, Kalshi alleged that Illinois Governor JB Pritzker, Attorney General Kwame Raoul, and other officials on…
Microsoft Copilot AI just outlined a target predicts for Solana price prediction that swings from believable to extreme depending on how the next two quarters play out. The model sees $250 to $400 as the base bull range by the end of 2026, with a blow-off scenario stretching as far as $600. The bull case…
The New York Times reported on June 23 that Mark Zuckerberg directed a small team to build a prediction market app, internally called Arena, where users would forecast outcomes in politics, sports, and world affairs using points. The company that renamed itself for a virtual world that has produced nearly $90 billion in cumulative Reality…
In brief A leaker discovered new strings in Claude Code v2.1.190 suggesting Fable 5 usage will be bundled into weekly subscription limits rather than sold as a separate add-on. The strings do not appear in the public GitHub changelog, but exist in the binary. This comes as Anthropic’s relationship with the Trump administration appears to…
There go chips, and there goes the market. The Nasdaq dropped 0.8% suddenly on Wednesday after posting solid gains earlier in the session. Even the S&P 500, which featured good breadth, was down 0.3%. Source link
Key Takeaways Micron earnings on June 24 could reset artificial intelligence (AI) chip sentiment after a 4% Nasdaq slide. Bitcoin fell below $60K as $169.28M in BTC liquidations hit crypto markets. Brent near $74 helped ease U.S. inflation fears as 10-year yields fell 9 basis points. By midday June 24, the Dow Jones Industrial Average…
Bitcoin (BTC) hit new two-week lows at Wednesday’s Wall Street open as traders predicted a rally to a “poor” lower high. Key points: Bitcoin price action edges closer to range lows, which traders still see holding. A relief bounce should enter soon, they say, with targets closer to $70,000. US-Iran peace progress has little bullish…
Protect Progress, the super PAC affiliated with crypto industry flagship Fairshake, spent $5.5 million backing Adrian Boafo in Maryland’s Democratic primary for the 5th Congressional District on June 23, a 24-candidate field for the seat vacated by retiring House Majority Leader Steny Hoyer. Boafo won. Fairshake spokesperson Geoff Vetter put it plainly: “We went big,…
