May 17, 2024
Crypto

Coinbase Stock Fell. A New Crypto-Trading Rival May Be About to Emerge.

Coinbase Global stock fell on Thursday in the face of recent gains in Bitcoin prices, which tend to lead shares of the cryptocurrency broker higher. Investors may be eyeing the prospect of tough new competition in U.S. crypto trading. CME Group , the Chicago-based trading firm, plans to launch spot Bitcoin trading amid interest from

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Mortgage

‘Wanna-Bet?’ Carson Block Offers Side-Bet on His Blackstone Mortgage Short

At Friday’s price of $21.36, they’re off around 5% since his Dec. 6 critique, while many other real-estate investment trusts have risen by a like percentage in celebration of easing interest rates. Block’s claim that the Blackstone trust will cut its dividend by half—as its borrowers struggle to refinance at higher rates—has stirred the hornet’s

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