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SEC reportedly investigating Coinbase over crypto trading

[MarketWatch] Ongoing dispute over whether certain digital assets are actually securities The Securities and Exchange Commission is reportedly investigating Coinbase Global Inc. over whether it has allowed the trading of unregistered securities. Bloomberg News reported late Monday that regulatory scrutiny has increased since Coinbase expanded the number of digital tokens it […]

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Big companies are starting to get nervous about the job market

[CNN] The job market in America is still healthy. The unemployment rate is just 3.6% and many employers are continuing to hire workers at a steady clip. But some major companies appear to be getting a little nervous. Apple (AAPL) is said to be slowing its pace of new job additions. Microsoft (MSFT), Facebook parent Meta and Google owner Alphabet (GOOGL) are reportedly […]

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Bitcoin Slides but the Crypto Market Is Worth $1 Trillion Again. Even as Tesla Sells Out

[Barron’s, Getty Images] A recent rally in cryptocurrencies lost speed on Thursday, with the price of BitcoinBTCUSD –2.97%  and other cryptocurrencies sliding back as investors digested news that Tesla TSLA +5.52%  had sold the lion’s share of its digital asset holdings. The price of Bitcoin fell 3% over the past 24 hours to below $23,000, having advanced […]

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Extreme heat is baking a country woefully unprepared for the climate crisis

[CNN] Heat waves across multiple continents have dashed records, threatened public health and buckled infrastructure, in what scientists say are signs of the climate crisis’ impact on day-to-day weather. Americans are used to switching on their air conditioners any time temperatures near 80 degrees Fahrenheit (27 degrees Celsius). But in the UK, record-shredding heat this week has […]

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Why Are Bitcoin- And Ethereum-Related Stocks Soaring Today?

[Benzinga, Pixabay] Cryptocurrency-related stocks, including Coinbase Global Inc COIN+8.95%, Marathon Digital Holdings Inc MARA+17.6% and Riot Blockchain Inc RIOT+11.3%+, are trading lower Tuesday amid strength in cryptocurrencies, led by Bitcoin and Ethereum. The crypto market has been trending lower amid a selloff in broader risk assets, but crypto bounced off the lows last week and has since staged a recovery. Bitcoin has traded higher by nearly 15% over […]

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