The regulatory framework for crypto assets in the United States is beginning to take shape. However, even as regulatory clarity improves, a key question remains: who will control the final layer of crypto commerce? In a recent CCN opinion article, Oobit CEO Amram Adar argued that the answer will be determined by infrastructure rather than
Dogecoin (DOGE) is up by less than 1% on Thursday, climbing towards $0.085 despite a generally risk-off environment across cryptocurrency markets. The recovery comes as large holders, commonly known as whales, appear to have paused recent profit-taking activity, temporarily easing selling pressure. However, retail investors remain cautious, with futures market participation continuing to decline. The
KuCoin has unveiled a global football-themed cryptocurrency campaign that will allow users to compete for rewards worth up to 1.4 million USDT across its platform ecosystem. Named the KuCoin Crypto Cup, the campaign will run from June 11 through July 20, 2026. It is designed to connect several parts of the exchange’s ecosystem, including trading,
Tesla stock (TSLA) moved lower in early trading on Wednesday as renewed tensions in the Middle East weighed on broader market sentiment and pushed oil prices higher. Shares of the electric-vehicle maker fell 1.5% to $390.91 in early trading. The stock plunged around 3% on Tuesday. The decline came as US equities weakened after President
Robinhood shares climbed nearly 7% on Wednesday. Investor confidence in the online brokerage’s growth prospects was boosted by a combination of strong operating metrics, bullish analyst commentary, and a strategic expansion into investment banking. The stock was lifted by fresh price-target increases from both Goldman Sachs and Cantor Fitzgerald, as Wall Street pointed to accelerating
Gold prices continued to slump on Wednesday as a fresh escalation in tensions in the Middle East dampened sentiments in the market. Oil rebounded from sharp losses on Tuesday as prices jumped more than 2% after both the US and Iran traded military strikes overnight. Meanwhile, both copper and aluminium contracts on the London Metal
Chewy Inc (CHWY) opened in the “red” this morning after coming in shy of EPS estimates for its fiscal Q1 and offering guidance that signals continued weakness in the current quarter. Investors are bailing on CHWY mostly because the financial release reinforces CEO Sumit Singh’s recent comment that the US consumer is more “stretched” than
Litecoin (LTC) remains under heavy pressure, trading below $43 on Wednesday following a massive decline last week. The broader trend across the market remains weak, and LTC continues to underperform as bearish sentiment builds in derivatives and spot markets. Concerns are rising that LTC could soon test the $40 psychological level, with momentum still tilted
Oracle Corp. (ORCL) shares fell 3.3% in premarket trading on Wednesday ahead of the company’s quarterly earnings report. Investors are closely watching whether Oracle’s rapid expansion in artificial intelligence infrastructure can justify its rising debt levels and negative free cash flow. The company’s results arrive at a critical moment for the broader AI sector. Investor
The Dow Jones Index has wavered in the past few days as the recent bullish momentum stalled and concerns in the stock market remained. It was trading at $50,877 on Tuesday, a few points below the year-to-date high of $51,642. This article highlights some of the top risks facing the Dow Jones and the DIA