Former President Donald Trump publicly defended the Commodity Futures Trading Commission's (CFTC) exclusive federal authority over prediction markets, criticizing state-level efforts to restrict these platforms. He named several officials opposing federal control and called for maintaining U.S. leadership in both prediction markets and the broader crypto industry, including Bitcoin. Trump's statement supports CFTC Chairman Michael Selig's push to establish federal rules for prediction markets amid growing user interest and legal battles with states. This signals strong White House backing for federal regulation over state crackdowns, aiming to protect innovation and maintain the U.S. as a global crypto hub.
The Schall Law Firm is investigating UP Fintech Holding Limited for possible securities law violations after a Reuters report revealed China's crackdown on illegal cross-border securities trading. The report accused UP Fintech's Tiger subsidiary of o...
Asset Workflows Ltd, a UK-based asset data management firm, received a major strategic investment led by CoMade and two healthcare investors. This funding will accelerate its expansion in Australia and the Asia-Pacific region, enhance product develop...
Talk of a Tesla-SpaceX merger is intensifying as Elon Musk moves closer to taking SpaceX public. The two companies already share engineering talent and collaborate on energy, computing, and infrastructure challenges. The potential deal is largely dri...
Rayonier (RYN) offers investors a chance to diversify into timberland, real estate, and solar assets, trading at a rare 27% discount to its net asset value (NAV) and a 57% discount to its historical price-to-book ratio. Its portfolio includes over 4....
Hyperliquid's HYPE token price jumped 133% in 90 days, driven by increased trading activity, liquidity, and ETF inflows totaling $81 million. Protocol buybacks tightened supply, supporting demand and pushing valuation near $64.2 billion. However, ris...
