Federal Reserve Kashkari: The job market is still good and has not taken a sharp turn. Until we understand the situation of tariff-related inflation, we need to take a cautious pace. (Jin Ten)
Tether, the stablecoin issuer that holds more than 10 per cent of the club and is the second-largest shareholder after Exor, said it had formally asked in May to participate in a capital increase and apply for a board seat.
Tether said that although the initial request was rejected, the club had proposed a new meeting date and the two sides were coordinating the timing. Tether's statement stressed its willingness to be "an active participant in the future development of Juventus" and its readine...
French President Emmanuel Macron said that we must use all available tools to deal with US tariffs. The best European Union-US tariff agreement would be zero-to-zero. Support a fast and fair European Union-US trade agreement. If US tariffs remain at 10%, Europe will have to impose corresponding compensatory tariffs on US industry.
Ripple enhances multi-chain interoperability by integrating XRP Ledger with Wormhole and its EVM-compatible sidechains. The integration allows crypto-assets, stablecoins, and tokenized RWAs to move seamlessly between more than 35 blockchain networks, including Ethereum, Solana, and Avalanche. "Interoperability is critical if you want real mass adoption," said David Schwartz, chief technology officer at Ripple.
For the second time, U.S. Judge Analisa Torres for the Southern District of New York rejected the SEC's request to settle with Ripple. The request would reduce the fine to $50 million and revoke the permanent injunction, but the judge found that Ripple could still violate the law again and the injunction must be maintained.
District Judge Analisa Torres for the Southern District of New York said the key point was the proposed removal of the permanent injunction, not the $50 million civil penalty...
U.S. Commerce Secretary Lutnik said the tax bill is expected to be passed in the next week or two weeks. Confident that a consensus will be reached on the SALT issue. Tariff plans will also not need to be adjusted if legislation changes. Multiple (trade) agreements will be announced in the next week or so. Europe is doing well after a slow start. I am becoming optimistic about a deal with the European Union and will finalize the deal. Close to a deal with India. July 9 will be the deadline to re...
Shares of Coinbase Global (ticker: COIN) closed on Thursday at their highest level since going public in April 2021. According to COIN price data from The Block, the stock closed at $375.07 per share, up 5.5%.
Coinbase shares have surged in recent days, rising nearly 24% in the past five trading days alone and 40% in the past month. Coinbase's previous high closing price was $357.39 in November 2021. The company's market value has soared to $89 billion.
Billionaire investor Philippe Laffont, founder of hedge fund and tech venture capital firm Coatue Management, recently released his list of what he sees as the "40 Best Companies of 2030," and one unexpected asset has attracted much attention: Bitcoin, the world's largest cryptocurrency.
In an interview with CNBC's "Squawk Box" on June 25, Mr. Lafont said he would associate bitcoin with Microsoft and Nvidia.