Key Takeaways Strategy says bitcoin would need to fall 83% to reach STRC’s $13,136 threshold. STRD had the highest displayed bitcoin threshold at $17,517. BTC Rating is an illustrative metric, not an external credit rating. Why Strategy Published the Bitcoin Floor Chart Strategy Inc. (Nasdaq: MSTR) used the Sept. 1 chart to address a central…
U.S. President Donald Trump has renewed his demand for lower interest rates and threatened to halt trade with deficit countries after employers added 162,000 jobs in August. Summary U.S. payrolls rose by 162,000 in August, beating economists’ forecast of 56,000. Trump demanded lower rates and threatened to stop trade with countries running surpluses against the…
Tesla threw a flashy party on Thursday to announce the start of its autonomous Cybercab service in Austin, but some of the wind was taken out of the company’s sails when the National Highway Traffic Safety Administration announced an investigation into the Cybercabs almost immediately after the launch. Tesla’s Cybercabs are gold-covered robotaxis that seat…
The move would extend Coinbase’s existing crypto perpetual futures business in the United States into individual equities. Coinbase said this week it filed notice registrations with the US Securities and Exchange Commission (SEC) to offer single-stock perpetual futures domestically, according to a post from the company’s official account. The move adds another regulated derivatives…
The high-end watch world has an understandable affection for Casio. You can easily rock an iconic, brightly colored F-91W in any meeting with a luxury brand, and you’ll get nods of approval. It is, after all, the watch that has graced the wrists of Barack Obama and Napoleon Dynamite. If not the F-91W, you’d be…
Key Takeaways Washington seeks to revoke Coinflip’s money transmitter license. The regulator alleges failures involving monitoring and refunds. Coinflip and its CEO may request a hearing to contest the charges. Washington Regulator Seeks License Revocation The Washington State Department of Financial Institutions (DFI) announced Sept. 3 that it had filed charges against GPD Holdings LLC,…
Coinbase has added six tokenized equities, including Amazon, Microsoft, and Tesla, to Base after its first batch generated $227.7 million in decentralized exchange volume within about 30 days. Summary Six new equity tokens have joined Coinbase’s initial four-stock lineup on Base. Amazon, Microsoft, Strategy, SanDisk, SpaceX, and Tesla are included in the latest release. Token…
OpenAI is at the center of another agent swarm incident. Researchers say the company’s internally deployed agents took over an obscure German-language wiki in May and June, using it to coordinate on evaluations and swap methods to evade OpenAI’s own controls (OpenAI has not yet confirmed the swarm came from the company). The revelation surfaces…
Getting the United States, China, Russia and Europe to agree on artificial intelligence policy is unusual. This week, they found at least one point of common ground: governments should be cautious about creating entirely new regulatory systems for AI. All G20 members backed a U.S.-led set of principles that favors innovation, existing sectoral regulators and…
Key Takeaways Coinbase Derivatives filed Form 1-N and Coinbase Financial Markets filed Form BD-N with the SEC on Sept. 1. The firm’s shares jumped 10% to $192.70 on the news, but CFTC product approval is still needed before launch. Coinbase has offered 10x perps on Apple, Nvidia and Tesla to non-U.S. users since March 20,…
