Author: Crypto Editor

Wall Avenue banks are limiting worker buying and selling on prediction market platforms attributable to fears that they might use nonpublic info to commerce occasion contracts.Goldman Sachs has reportedly banned its staff from buying and selling on occasion contracts which can be particular to the financial institution, together with monetary markets, macroeconomic occasions, elections and geopolitics, CNBC reported, citing folks aware of the matter.Unidentified sources from Morgan Stanley additionally advised CNBC that the financial institution has insurance policies concerning prediction market buying and selling by staff, whereas a spokesperson for Financial institution of America mentioned the financial institution was within…

Then-Prime Minister Rishi Sunak introduced the UK’s ambitions to be a “international cryptoasset hub” all the best way again in 2022. Since then, that purpose has appeared extra like a distant aspiration quite than actuality. However a number of current bulletins counsel the hole between fantasy and actuality would possibly lastly be narrowing.Inside days of one another, the Monetary Conduct Authority (FCA) and Financial institution of England have taken main regulatory steps towards proving that the UK is critical about that purpose, setting out guidelines designed to create a workable local weather for each shopper and institutional crypto adoption.The FCA…

Robinhood will let eligible U.S. customers join AI brokers for automated crypto buying and selling with account controls.The platform expands agentic investing past shares, including cryptocurrency automation for retail buyers.Robinhood’s AI push follows rising trade curiosity in autonomous blockchain-based monetary companies.Robinhood is increasing its AI-powered investing instruments by permitting eligible U.S. prospects to attach synthetic intelligence brokers for automated crypto buying and selling.The transfer marks a serious shift towards agent-driven finance, because the platform extends automated investing capabilities past conventional belongings. Customers will preserve management by means of devoted accounts, buying and selling limits, real-time efficiency monitoring, and notifications.Robinhood Expands…

Elon Musk publicly reversed his view of Anthropic on Thursday. He admitted he was “clearly mistaken” concerning the AI firm, calling it the present trade chief after months of harsh public criticism. Here’s what Musk mentioned, why it issues, and the way his personal Grok 4.5 launch suits the image. What Musk Really Mentioned About Anthropic A public reversal is when a distinguished determine overtly contradicts an earlier acknowledged place. Elon Musk did precisely that on X, writing, “I used to be clearly mistaken about Anthropic. They’re clearly presently the chief in AI.” His reward centered on Anthropic’s newest fashions.…

There’s something quietly jarring concerning the timing. Simply days after saying the largest restructuring in Xbox historical past — a plan to get rid of roughly 3,200 jobs by way of fiscal yr 2027 — Xbox CEO Asha Sharma was named to a Federal Reserve process drive designed to check precisely what AI is doing to jobs and the broader economic system. The Xbox CEO AI process drive appointment is both a pointy irony or a significant sign about the place tech management and financial policymaking are converging. Presumably each. Key takeaways Xbox CEO Asha Sharma joined the Federal Reserve’s…

A key Ethereum indicator that foreshadowed earlier value bottoms has flashed once more, prompting consideration for the second-largest cryptocurrency.In response to Ali, a crypto analyst, Ethereum could be oversold. It is because on-chain information reveals the ETH MVRV ratio has formally dropped beneath 0.8, a stage related to a deep accumulation zone.ETHEREUM IS OVERSOLD!On-chain information reveals the ETH MVRV ratio has formally dipped beneath 0.8, placing it into deep accumulation territory.Traditionally, falling beneath this 0.8 MVRV stage indicators vendor exhaustion, as mixture market worth falls considerably beneath whole… https://t.co/LNkygeXO5n pic.twitter.com/jGhaQlV8fp— Ali Charts (@alicharts) July 10, 2026 Ali famous that traditionally,…

Whereas consumers have efficiently defended the $58K-$60K help area and established a sequence of upper lows on decrease timeframes, Bitcoin is now approaching a confluence of technical resistance the place bullish momentum will face its greatest take a look at because the breakdown from the mid-$70K area. Bitcoin Worth Evaluation: The Each day Chart On the each day timeframe, Bitcoin stays under each the 100-day and 200-day transferring averages, which proceed to pattern decrease and keep the broader bearish construction. However, the latest value motion has change into more and more constructive. Following the sharp sell-off towards the $58K help…

A person in North Carolina has misplaced $12,000 after falling for a financial institution impersonation rip-off that concerned faux emails and in-person couriers. The person says he acquired an e mail on Tuesday, March tenth that seemed to be from his financial institution, instructing him to name about his account, studies Durham Radio Information. He says he adopted the directions and referred to as the offered quantity and was informed that his financial institution playing cards wanted to be collected by a courier for safety causes. After a while, he says an individual, whom he describes as a male with…

Hedera-based lending protocol Bonzo Lend misplaced about $9 million after an attacker manipulated the worth of SAUCE used as collateral, permitting the account to borrow belongings far past the worth deposited.In a preliminary incident report revealed Saturday, Bonzo stated the attacker deposited 250 SAUCE, price only some {dollars}, earlier than submitting a value replace that inflated the token’s worth by roughly 12 orders of magnitude. The pockets then borrowed 6.63 million USDC and 34.5 million wrapped HBAR from the lending pool.The case illustrates how oracle failures can flip low-value collateral right into a device for draining massive quantities of liquidity…

Spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) each turned optimistic within the week ending July 10, ending eight straight weeks of internet outflows. Based on SoSoValue information, Bitcoin funds pulled $197.40 million, and Ethereum funds added $84.42 million. The dual reversal adopted a stretch that had drained billions from the merchandise since mid-Might. Observe us on X to get the most recent information because it occurs Bitcoin ETF Flows. Supply: SoSoValue A Reversal After Two Months of Redemptions The flip capped a punishing run for each merchandise. Bitcoin ETFs had shed cash each week since Might 15, with…