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Coinbase Stock Is Rallying. Can Donald Trump’s Ethics Compromise Save the Clarity Act?
Barrons.com25d agobullish
Coinbase Stock Is Rallying. Can Donald Trump’s Ethics Compromise Save the Clarity Act?

Until lawmakers unveil the text—and Democrats signal they’re on board—it’s too soon for investors to celebrate. A late Monday report by Punchbowl News, citing sources familiar with the matter, said some Republican senators and the White House had come to an agreement on a crypto ethics provision that covered Trump. Reaching a deal on such a provision is seen as a key hurdle to passing the so-called Clarity Act, which would also put most crypto trading outside the purview of the Securities and Exchange Commission, and that firms, including Coinbase, have fought to pass.

Bloomberg25d agobullish
Bitcoin Rallies After Bessent Says Clarity Act at ‘1-Yard Line’

(Bloomberg) -- Crypto markets are stirring after months of listless trading on signs that Washington is moving toward a clearer rulebook for digital assets.Most Read from BloombergYemen’s Houthis to Impose Maritime Blockade on Saudi ArabiaChina AI Sensation Moonshot’s Gamble on Big Models Pays OffTrump Vows 50% Tariff on Canadian Goods Using Depression-Era LawMoonshot’s Kimi K3 May Be More About Memory Than ComputeUS Strikes Iran in Escalating Campaign After Troops KilledBitcoin rose more than 2

Coinbase CEO has blunt 2-word response to bank deposits
TheStreet26d agoneutral
Coinbase CEO has blunt 2-word response to bank deposits

Brian Armstrong, the co-founder and CEO of the Coinbase Global (Nasdaq: COIN) cryptocurrency trading exchange, has been among the most aggressive industry figures to get the Digital Asset Market Clarity Act passed in the U.S. Congress. But the legislation, which seeks to ...

Morgan Stanley's E*TRADE embraces crypto trading
Yahoo Finance Video26d agoneutralVIDEO
Morgan Stanley's E*TRADE embraces crypto trading

Scott Melker discusses Morgan Stanley's (MS) E-Trade rolling out crypto trading, allowing users to trade bitcoin (BTC-USD), ether (ETH-USD), and Solana (SOL-USD). "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.

Bloomberg26d agoneutral
‘Wild West’ of Untested Peptides Has Americans Paying in Crypto to Get Their Fix

(Bloomberg) -- The peptide boom has all the markings of a mainstream wellness craze: podcast evangelists, celebrity converts and a billion-dollar market promising shortcuts to weight loss, muscle gain and a longer life. One major hurdle: actually buying them.Most Read from BloombergUS Strikes Iran in Escalating Campaign After Troops KilledThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsTrump Silent So Far on

JPMorgan slashes Coinbase price target
TheStreet29d agoneutral
JPMorgan slashes Coinbase price target

JPMorgan has slashed its price target on Coinbase Global Inc. (NASDAQ: COIN) to $196 from $283. This is nearly a 31% cut, while maintaining an "Overweight" rating on the largest U.S. crypto exchange. The revision, led by analyst Kenneth Worthington, still implies roughly 24% upside from the ...

Wintermute-Backed Pascal Raises $9M as USV Bets Big on Prediction Markets
CoinGape29d agoneutral
Wintermute-Backed Pascal Raises $9M as USV Bets Big on Prediction Markets

Pascal:- It was a deal at first sight for Union Square Ventures and Pascal. The $3 billion VC giant, said it knew after its first meeting with founders Ivo Crnkovic-Rubsamen and Matthew Downey that it wanted to partner with them.. The venture capital giant is best known for backing category-defining companies, such as Coinbase, X

Sen. Hagerty says Warren tried to 'destroy' GENIUS, warns CLARITY faces political headwinds
CoinDesk29d agoneutralVIDEO
Sen. Hagerty says Warren tried to 'destroy' GENIUS, warns CLARITY faces political headwinds

CoinDesk's The Policy Protocol host Rebecca Rettig is joined by guest co-host Ryan VanGrack, Coinbase's newly appointed Vice Chairman, to unpack the week's biggest crypto policy developments. They begin with the escalating legal standoff between Kalshi, the state of Michigan and the CFTC, before turning to the U.S.-U.K.'s new joint recommendations on stablecoins and tokenized assets. On the one-year anniversary of the GENIUS Act, Rebecca sits down with the bill's architect, Sen. Bill Hagerty (R-Tenn.), who reflects on the legislative battle to pass the landmark stablecoin law and explains why the CLARITY Act now faces an even more challenging political path. The episode closes with Hero of the Week Harry Jung, Patrick Whitt's deputy who is stepping into a leading White House role on crypto policy while Whitt takes military leave, and Zero of the Week Sam Bankman-Fried, after the Senate unanimously passed a resolution opposing any pardon or commutation for the former FTX founder.

Stocks Tumble as the Rout in Chipmakers Deepens
Barchart29d agobearish
Stocks Tumble as the Rout in Chipmakers Deepens

The S&P 500 Index ($SPX ) (SPY ) today is down -1.06%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.23%. September E-mini S&P futures (ESU26 ) are down -0.95%, and September E-mini Nasdaq futures...