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Coinbase outlines 'Everything Exchange' vision with planned tokenized stocks and AI advisor
Crypto exchange Coinbase (COIN) unveiled a broad slate of new products on Tuesday, outlining plans to expand into tokenized equities and AI-powered investment tools in its pursuit of becoming an "Everything Exchange."Fxstreet
Wed, Jun 17
CFTC Chair Selig says perpetual contract approvals will follow case-by-case review
Commodity Futures Trading Commission (CFTC) Chairman Michael Selig has reaffirmed that the agency will be evaluating perpetual futures listings individually for each asset because different assets pose different risks. This statement pushes back against industry expectations of blanket approvals after the commission approved its first Bitcoin perpetual future last month. Will the CFTC give blanket...Cryptopolitan
Tue, Jun 16
Alibaba's robot AI debut signals China's bid to own the physical world
Alibaba Group Holding has released its first batch of artificial intelligence models built for robots, stepping into a worldwide effort to move AI past chat windows and into machines that operate in the real world. The Hangzhou tech firm unveiled the Qwen Robot Suite on Tuesday, its newest move into “embodied AI,” which refers to...Cryptopolitan
Tue, Jun 16
The G7 agreed to tighten sanctions on Russia’s oil and gas income
The G7 has agreed to hit Russia’s energy income harder as leaders prepare new steps against oil and gas sales that help fund Vladimir Putin’s war. The deal came at talks in Évian-les-Bains, where French President Emmanuel Macron is hosting the group through Wednesday. Ukrainian President Volodymyr Zelenskyy joined talks, while Britain and Canada announced...Cryptopolitan
Tue, Jun 16
Bitcoin rebounds from $60K lows on macro relief amid lingering consolidation
Bitcoin (BTC) recovered from recent lows near $60,000 last week after softer-than-expected US inflation data and easing geopolitical tensions improved market sentiment. However, analysts at Wintermute stated in a note on Tuesday that the rebound has done little to alter the broader market structure.
Fxstreet
Tue, Jun 16
Greece set to reject Binance's MiCA license application, threatening EU exit by July
Binance’s plan to serve customers in the European Union legally may be in jeopardy, as two people who are familiar with the matter told Reuters that Greece’s capital markets regulator is preparing to deny the world’s largest crypto exchange application for a Markets in Crypto-Assets (MiCA) license. The exchange has since put out a measured...Cryptopolitan
Tue, Jun 16
Stock surge from SpaceX $60B deal for Cursor maker challenges Amazon,, Microsoft valuation
SpaceX (NASDAQ: SPCX) briefly shook up the rankings among the highest valued US firms today after it confirmed that it will buy Anysphere, the company behind AI code editor Cursor, for $60 billion in stock. The stock surge that the rocket maker enjoyed shot its valuation into a new stratosphere as it closed a deal...Cryptopolitan
Tue, Jun 16
State Street launches stablecoin reserve money market fund
State Street Investment Management has officially joined the stablecoin reserve race with a new fund designed to manage stablecoin assets today. The top investment financing firm’s new money market fund will be purely for issuers operating under the GENIUS Act’s reserve requirements. The State Street Stablecoin Reserves Money Market Fund (ticker: SSCXX) has been launched...Cryptopolitan
Tue, Jun 16
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Today’s Market Recap: U.S. Stocks Rebound as Nasdaq Gains 1.11%, Memory Chip Stocks Rally, SanDisk Jumps 5.5%
US Stocks Close: Nasdaq Rises 1.1% as Tech Stocks Rebound, Memory Stocks Lead Gains With Micron Up Nearly 3%
Tesla Q3 Earnings Preview: Can Auto Margins Stabilize? Wall Street’s Highest Price Target at $550
US Memory Sector Slides Again Pre-Market as Micron, SanDisk, Western Digital Erase Monday Gains
Apple Retreats Below $340 After Surge: Can First Touchscreen MacBook Pro Help Stock Reach New Highs?
