Latest COIN news and sentiment

SEC May Advance Crypto Rules, 24/7 Trading Without Clarity Act. OCC Paves Way For Crypto Banks.

The SEC on Friday will host a meeting on whether to introduce new cryptocurrency, trading proposals. OCC paves way for crypto banks. Continue Reading

Goldman's buying bitcoin ETFs, Tether's buying gold, and bitcoin doesn't budge

Scott Melker breaks down the latest crypto headlines, including why Tether (USDT-USD) is loading up on gold, Goldman Sachs' (GS) move into bitcoin (BTC-USD) ETFs from NEOS, and why bitcoin barely budged after the latest PPI data came in largely in line with expectations. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news. Video Transcript 00:00 Scott Melker PPI came in soft, which should be good news for markets but Bitcoin once again

Robinhood's second venture fund debuts, drawing retail money into private markets

By Manya Saini Aug 13 (Reuters) - Robinhood's second venture fund debuted on Thursday, giving retail investors access to early-stage startups that have traditionally been ‌out of reach for all but venture capital firms and wealthy ‌investors. The fintech company raised $225.5 million in the initial public offering of Robinhood Ventures Fund II, which will ​invest in early- and growth-stage private companies. The fund will focus on current and former participants in the Y Combinator startup accelerator program, which has financed over 5,000 companies with a combined valuation of more than $1.3

Cathie Wood Is Buying the Dip on Crypto. Here Are 2 Investments to Put on Your Crypto Shopping List.

Key Points With cryptocurrency prices in the dumps, Cathie Wood of Ark Invest has been looking for bargain-priced investments. Coinbase Global has been pivoting away from its reliance on traditional crypto trading. Circle Internet Group remains one of the best pure-play stablecoin investment opportunities.10 stocks we like better than Coinbase Global › With crypto prices down across the board, it's perhaps no surprise that bargain-hunting investors are out in force, looking for mispriced cryptocurrencies and crypto stocks. The one that I'm watching right now is Cathie Wood of Ark Invest, who h

Wintermute Plans $1B AI Infrastructure Push as It Diversifies Beyond Crypto

Crypto market maker Wintermute plans to invest about $1 billion over the next five years in high-frequency trading and artificial intelligence data center infrastructure as it expands beyond digital assets. Wintermute CEO Evgeny Gaevoy told Bloomberg on Wednesday that the London-based firm is seeking to build a larger presence in equities, commodities, foreign exchange and prediction markets. The company wants non-crypto activities to generate more than half of its revenue by the end of 2027, compared with about 10% currently. The expansion comes as crypto trading volumes have weakened. Winter

Tokenization Promises To Break Trading Barriers. What Investors Need To Know.

Tokenization promises to boost liquidity, cut transaction costs and offer fractional shares, as well as enable 24/7 trading and immediate trade settlements. Continue Reading

NYC Council investigates Polymarket, Kalshi over deceptive marketing

New York City Council Speaker Julie Menin announced an investigation on Wednesday into the marketing and advertising practices of four prediction market platforms operating in New York City: Polymarket, Kalshi, Coinbase, and Gemini Titan. The letters contained more than 60 questions on topics ranging from New York revenue figures and local user counts to the mechanics of each company's marketing operations, according to the Wall Street Journal. The companies have 14 days to respond. The investigation centers on allegations of false, deceptive, and abusive marketing tactics, with particular con

2 S&P 500 Stocks with Exciting Potential and 1 We Question

2 S&P 500 Stocks with Exciting Potential and 1 We Question The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition. Some large-cap stocks are past their peak, and StockStory is here to help you separate the winners from the laggards. Keeping that in mind, here are two S&P 500 stocks leading the market forward and one that could be in trouble. One Stock to Sell: Ball (BALL) M

New York City Council announces probe into prediction market platforms’ marketing strategies

The New York City Council is investigating marketing practices by prediction market platforms, the office of Council Speaker Julie Menin said on Wednesday. In letters to four prediction market platforms — Polymarket, Kalshi, Coinbase and Gemini Titan — Menin wrote that the council has been examining allegations of "false, deceptive, unconscionable, and objectionable marketing practices" by event contract exchanges for months. "Prediction markets aggressively entice consumers to bet and wager on sports, politics, culture, weather, and pretty much anything," Menin said in a statement. "I intend

New York City Probes Prediction Markets Over Ads, Social Harms

(Bloomberg) -- The New York City Council is probing the advertising practices of four major prediction market platforms, creating a new front in the legal battles facing the booming industry. Most Read from Bloomberg Phoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn't Drive Five Takeaways From Zuckerberg's 6,500-Word Manifesto on AI Tata Sons Chairman to Step Down, Deepening Leadership Turmoil Pakistan Says Deal Is Close Even as Iran, US Harden Stances Trump Weighs Call for Capital Gains Tax Cuts as Midterm Boost New York City Council Speaker Julie Menin sent a lengthy list of

The SEC Isn’t Waiting for the Clarity Act. Why You Should Brace for New Crypto Rules.

If Congress can’t give crypto firms long-sought legal protections, a top Wall Street regulator might try to do it on its own. Continue Reading

Polymarket makes moves to get house in order before expected boom times for prediction markets this fall

Prediction market platform Polymarket is preparing for what's expected to be a busy fall season for event contract exchanges by making high-profile hires and restructuring its marketing strategy. Polymarket hired Travis VanderZanden, founder of E-Scooter startup Bird in 2017, as its chief growth officer. VanderZanden previously worked at Uber Technologies and Lyft as well. Polymarket CEO Shayne Coplan "is the visionary of the prediction market space, and this is a massive market opportunity," VanderZanden said in a statement to CNBC. "It's an exciting time to come in as we build out the execut

Strategy Cratered 75% Over 12 Months: One Analyst Lodged a 350% Return Target Price

Quick Read Strategy holds 846,000 BTC and has lost 75% over 12 months, yet 14 of 15 analysts still rate the stock a Buy. Benchmark's Mark Palmer targets MSTR at $435, implying 347% upside, dwarfing MARA's 90% and COIN's 31% analyst consensus targets. The bear case warns dilution, growing preferred obligations, and a 72% prediction-market probability of MSCI removal could destroy remaining capital. It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor) Strategy (NASDAQ:MS

Cathie Wood Invests $36.9 Million in Surging Stock

This article first appeared on GuruFocus. Cathie Wood's Ark Invest is leaning harder into space, AI infrastructure and crypto while cutting exposure to several high-flying software names, a rotation that highlights where the aggressive growth investor sees the next leg of disruptive-technology upside. SpaceX (NASDAQ:SPCX), CoreWeave (NASDAQ:CRWV), Nvidia (NASDAQ:NVDA), Circle (CRCL) and Coinbase (NASDAQ:COIN) were among Ark's biggest additions last week, while Roblox (NYSE:RBLX) and Palantir (NASDAQ:PLTR) were trimmed sharply. ARK describes its flagship ARKK fund as targeting companies tied to

Exclusive: Marex plans to accept Bitcoin, Ethereum as initial margin this year

Investing.com -- Marex Group (NASDAQ: MRX) plans to begin accepting Bitcoin and Ethereum as initial margin collateral for derivatives later this year, extending its stablecoin program announced last month, Investing.com has learned. The firm announced in mid-July that clients would be able to post USDC, the dollar-denominated stablecoin issued by Circle, as initial margin, in what it described as the first stablecoin-powered initial margin transaction. The debut trade was executed with Prime Trading LLC, with Coinbase providing custody, fiat conversion and reporting infrastructure. "Yes, we ar

Senate moves closer to vote on sweeping U.S. crypto regulation

[Bitcoin mining farm. IT hardware.] NiseriN/iStock via Getty Images Senate Majority Leader John Thune moved to advance legislation that would establish the first comprehensive federal regulatory framework for cryptocurrencies, setting up a key vote when lawmakers return from their August recess. Thune filed Saturday to initiate a procedural vote on the Clarity Act in mid-September. The move could clear the way for a full Senate vote if supporters can assemble the 60 votes needed to advance the legislation. Republicans would need Democratic support. Assuming all voting Republicans back the meas

Raoul Pal Says Most People Think Crypto Is About Tokens Going Up and Down, but Today It Is About 'Owning' the Operating System of the Next Economy

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Macro investor Raoul Pal said on Wednesday that cryptocurrency's real significance lies in enabling AI agentic finance, rather than token price moves. 'Exciting' Unlock For Square Sellers In an X post, Pal argued that tokens going up and down is the "smallest part of what's happening." "Money is about to start moving at silicon speed," the Real Vision CEO said. "Billions of agents transacting with each other, negotiating, settling and running full businesses at a velocity no human system can ma

Weekly Wrap: Bitcoin Hit By Coldcard Hack And Clarity Act Disappointment

Bitcoin was trading right around $65,000 U.S. on Aug. 7 to end a difficult week for the crypto market. BTC continues to trade in a narrow range of $60,000 U.S. to $65,000 U.S., a band it has been stuck in since the end of June. Analysts continue to stress that Bitcoin needs to break through resistance at $65,000 U.S. to stage a meaningful recovery. However, the past week was a notable one for Bitcoin as investors and analysts continue to assess the damage done by the Coldcard hack that saw $130 million U.S. drained from digital wallets that relied on private keys. More From Cryptoprowl: MEXC V

The CLARITY Act Is Moving Again in the Senate. Here's What Passage Would Change for Coinbase and Robinhood.

MSTR Stock Falls Amid Bitcoin’s Drop Below $65K – Strategy Joins BlackRock, Coinbase In $15 Million Bitcoin Security Push