Turmoil in the US is boosting global markets — but the chaos could still spread, Goldman Sachs warns
The macroeconomic outlook for the US remains uncertain as the second Trump administration appears to have a higher tolerance for market turbulence.
The macroeconomic outlook for the US remains uncertain as the second Trump administration appears to have a higher tolerance for market turbulence.
(Bloomberg) -- Digital-asset exchange OKX has suspended a service used by hackers to launder some of the proceeds from a $1.5 billion heist on trading platform Bybit, after drawing scrutiny from European watchdogs. Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressSaving the Signature Sound of Washington,
The move comes after prediction platform Polymarket rose to fame during the U.S. Presidential election last year, attracting over $3.6 billion in bets.
Biden-era anti-crypto regulations didn’t just affect volatile digital assets. They also affected firms offering traditional assets, like bonds, on the blockchain.
Trump will need to substantively boost the economy if he and Republicans want to maintain power.
Digital asset investment products saw their fifth consecutive week of outflows, totaling $1.7 billion. Now, Bitcoin is struggling to break out from the $85,000 mark but XRP sees inflows.
Norwegian Cruise Line Holdings shares advanced Monday when JPMorgan upgraded the stock after the cruise operator's executives brushed off warnings about a drop in travel demand.
U.S.-listed miners maintained their share of the network hashrate at around 30%, the report said.
DeFi Dungeons, a fantasy idle RPG powered by the Solana blockchain, has unveiled the tokenomics for its core token, $GOLD.
(Reuters) -Chevron bought about 4.99% of Hess Corp's common shares this year, reflecting its confidence in completing the planned acquisition of Hess, the oil giant said in a regulatory filing on Monday. The second-largest U.S. oil producer agreed in October 2023 to buy Hess in an all-stock deal valued at $53 billion to gain a crucial stake in Guyana's oil-rich Stabroek block. U.S. regulators and shareholders have approved the deal, but Exxon Mobil and CNOOC, Hess' partners in Guyana, have challenged it in court.