Anthropic hits $1T pre-IPO valuation on Jupiter market
Anthropic’s implied pre-IPO valuation has crossed $1 trillion on Jupiter’s Prestocks market. Summary Anthropic’s implied pre-IPO valuation crossed $1 trillion on Jupiter after a 733%...
Tag : Market
Trump Walks Back Prediction Market Criticism, Says 'Smart People' He Knows Like Them
In brief Trump appeared to soften criticism of prediction markets just two days after saying they helped turn the world into “a casino.” Over the...
CFTC sues New York as prediction market fight escalates
The Commodity Futures Trading Commission has sued New York over its effort to apply state gambling laws to prediction market platforms. Summary The CFTC says...
Crypto market update: PI outshines major altcoins as crypto market nears $2.7T
Pi Network’s PI (PI) token recovered over the weekend as several altcoins moved higher. PI rose more than 5% in 24 hours and traded above...
Market conditions force 1 in 3 crypto traders to cut everyday spending: Survey
The recent crypto market downturn has forced more than one in three crypto traders to cut everyday spending, according to a new survey by CEX.IO....
Brazil Issues Sweeping Ban Against Prediction Market Platforms
In brief Brazil blocked access to prediction market platforms including Kalshi and Polymarket, citing investor protection concerns. Finance Minister Dario Durigan said the platforms violated...
Morgan Stanley Targets BlackRock With Money Market Fund for Stablecoin Issuers
In brief Morgan Stanley is positioning itself as a firm that can help stablecoin issuers manage reserves with a money market fund. The product was...
Trump Just Confirmed He Will Speak at the TRUMP Memecoin Gala: Will His Words Move the Crypto Market?
Trump has confirmed. The speech is happening. And the crypto market is watching every word. The broader market holds its breath ahead of Saturday’s Mar-a-Lago...
Will crypto market crash as U.S.-Iran peace negotiations hit a deadlock?
Crypto prices stayed muted with major assets, including Bitcoin, experiencing slight declines on Friday as hopes of peace between the U.S. and Iran began to...
Morgan Stanley launches stablecoin offering through money market fund
Stablecoin issuers must invest a minimum of $10 million into Morgan Stanley’s money market fund, MSNXX, to access the stablecoin reserve offering. Morgan Stanley’s investment...