Jim Cramer instructed traders to not promote Meta Platforms (META) over the youth-safety trial in Oakland, California. He argued the authorized strain is momentary and the shares reward persistence. Meta inventory trial danger has weighed on the shares all yr. They closed Monday at $559.02, up 1.66%, valuing Meta close to $1.42 trillion. Meta Platforms…
Bitcoin (BTC) rose 23.58% final week, its greatest week since 2023. The transfer added $14,833, the biggest greenback acquire of any week in Bitcoin’s historical past. BTC trades close to $79,000 on the time of writing, up 1.8% over 24 hours. The weekly candle broke a descending trendline stretching again to the October 2025 document…
The Securities and Exchange Commission (SEC) has despatched subpoenas to main Wall Street banks over their dealings with Situational Awareness, the synthetic intelligence (AI) hedge fund that almost collapsed final month. Three individuals briefed on the outreach described the requests to the New York Times. Regulators need commerce timing information and lender communications. The fund…
Can a single improve shut a niche of greater than 50%? That is the query behind the newest Claude AI value prediction, the place the mannequin predicts Ethereum (ETH) reaching $3,500 to $4,000 by yr’s finish 2026, with $3,800 as the sensible base case. The chart already moved first. Ethereum value spent July and August…
The US Treasury Department has proposed new licensing guidelines for cost stablecoin issuers below Section 3 of the GENIUS Act, opening one other main remark interval for digital asset regulation. The proposed rulemaking was issued on August 18 and revealed on August 21. Under the proposal, cost stablecoin issuers would want to acquire a federal…
Fidelity’s FETH and FSOL staking plans give its Ethereum and Solana exchange-traded merchandise authority to stake up to 100% of their crypto below regular circumstances, while pairing that ceiling with a layered plan for assembly redemptions when community exits take too lengthy. The matching framework seems in Aug. 21 prospectuses for the Fidelity Ethereum Fund,…
ForumEX, the change arm of Y Combinator-backed Forum Markets Group, has joined the Commodity Futures Trading Commission’s checklist of pending designated contract market (DCM) candidates with an uncommon proposition: turning what Forum calls “cultural consideration” right into a federally regulated futures market. Forum already operates a beta platform utilizing simulated funds the place customers can…
Elon Musk celebrated a brand new partnership between SpaceX and NVIDIA on Monday, confirming plans to launch an optimized Vera Rubin system into orbit as early as 2027. Despite his enthusiasm, each firms’ shares fell on the day of the announcement. What Elon Musk Confirmed About the Deal NVIDIA introduced that SpaceXAI will deploy its…
France’s Telegram case turned two years outdated on Monday. Founder Pavel Durov marked the date by accusing governments of punishing the app for refusing censorship calls for. The French legal investigation opened in August 2024 stays energetic. Durov argues the case has weakened as proof about Telegram’s moderation report has accrued. How France’s Telegram Case…
The real-world asset (RWA) market cap reached $71.02 billion on Monday, a achieve of 48.7% in 24 hours, in line with CoinGecko. Meme cash fell 2.2% over the identical day. The sector added $23.26 billion. One token accounts for nearly all of it, and it isn’t a tokenized inventory. Top Real World Assets (RWA) Coins…