Investment platform Yieldstreet is facing mounting trouble in its real estate portfolio, resulting in defaults and total losses for investors of the startup that aimed to democratize access to private market assets, according to an investigation by CNBC. CNBC reviewed information on 30 Yieldstreet real estate deals, finding that four had been declared total losses
Join Our Telegram channel to stay up to date on breaking news coverage The crypto market reels as US-listed Bitcoin ETFs faced $196 million in outflows on Tuesday, marking four consecutive days of withdrawals. U.S. service sector data, showing tariff-driven inflation and weak employment, sparked stagflation fears, pushing Bitcoin to $112,650. Ethereum ETFs, however, drew
Join Our Telegram channel to stay up to date on breaking news coverage The SEC’s decision to increase Bitcoin ETF position limits encourages stabilizing covered call strategies. Enhanced options trading capabilities create opportunities for top crypto presales and institutional investment strategies. Bitcoin’s volatility index has dramatically declined from 90 to 38 over four years. Institutional
Lawmakers easily approved the CLARITY Act, which aims to establish a clearer regulatory framework for cryptocurrencies and other digital assets. read more The US House of Representatives on Thursday passed three landmark cryptocurrency bills, fulfilling the Trump administration’s commitment to the once-controversial industry. Lawmakers easily approved the CLARITY Act, which aims to establish a clearer
Notably, Ripple announced it would drop its cross-appeal despite Judge Torres rejecting the settlement terms. If the SEC was willing to withdraw its appeal based on a ruling benefitting Ripple, the agency is unlikely to vote against dropping the appeal without the settlement. XRP has soared from $2.0692 to a July 11 high of $2.9727
LOS ANGELES, CALIFORNIA – FEBRUARY 11: Shaquille O’Neal attends Shaq’s Fun House presented by FTX at … More Shrine Auditorium and Expo Hall on February 11, 2022 in Los Angeles, California. (Photo by Frazer Harrison/Getty Images) Getty Images Shaquille O’Neal may have dominated on the basketball court, but his off-court moves in crypto haven’t aged
TLDR: 65 crypto founders urged lawmakers to pass the CLARITY Act for regulatory reform. The bill outlines roles for the SEC and CFTC to ensure oversight and innovation. Delays in regulation could push blockchain talent and jobs overseas. U.S. crypto leadership is at risk without clear and coordinated rules. Over 65 crypto company leaders have
A fresh wave of excitement has gripped the crypto community after Ripple CEO Brad Garlinghouse claimed that XRP could eventually surpass Bitcoin, boasting a future market cap of $640 trillion. In a recent interview, Garlinghouse stated XRP’s current price struggles to the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), which he
The crypto industry was one of the biggest spenders in the 2024 election cycle — and now it’s having quite the month on Capitol Hill. Last week the Senate passed a bipartisan bill called the GENIUS Act, which could lead to something called stablecoins being used by the likes of Bank of America and Amazon.
A recent enforcement action suggests a new approach to regulating cryptocurrency. The 2024 U.S. presidential election and recent judicial decisions have prompted a reevaluation of administrative authority within federal agencies. Recent U.S. Supreme Court decisions have signaled limits to regulatory overreach, a theme echoed in the 2024 district court decision in Securities and Exchange Commission