Despite a historic stock market crash last week, the S&P 500 has largely recovered, and it’s now just 2.5% away from a new all-time high. Throughout 2026, Bitcoin has moved along with the stock market, driven by similar macroeconomic trends. However, the crypto market downturn is largely unmoved, so far. How the S&P 500 Bounced The post S&P 500 Sits 2.5% From a Record High Despite the Stock Market Crash appeared first on BeInCrypto.
SoftBank lost about $7 billion in its latest quarter as its Intel stake took losses on both the shares and the hedge contracts backing them. The post Intel Stock Faces 87 Million-Share Risk After SoftBank Deal appeared first on BeInCrypto.
▶ Bitcoin Magazine Outlook for Crypto Market Structure Bill By Democrats | Chris Giancarlo, Former CFTC Commissioner Democrats now control both chambers of Congress. This post Outlook for Crypto Market Structure Bill By Democrats | Chris Giancarlo, Former CFTC Commissioner first appeared on Bitcoin Magazine and is written by Patrick Green.
Investor confidence in Ethereum appears to be holding firm according to a recent analysis from Cryptoquant, even as the crypto’s price has come under pressure.
According to Bloomberg, prediction market platform Polymarket recently laid off some employees and terminated cooperation with multiple contractors as part of the company's overall restructuring. Polymarket was once the largest prediction market trading platform, but has been overtaken by main competitor Kalshi in the past two years and has faced multiple legal issues. According to previous reports, founder Shayne Coplan came under pressure from investors to strengthen the company's management, and subsequently brought in multiple senior managers, including hiring former Amazon finance chief Warren Jenson as its first chief financial officer in September, as well as recruiting executives from Goldman Sachs, DoorDash and Robinhood. Polymarket said that as the business expanded and new management joined, the company adjusted its organizational structure, involving personnel recruitment, job adjustments and layoffs, but did not disclose the specific number. Earlier this year, Polymarket launched a US-regulated trading platform in addition to its original blockchain platform.
The post Israel Discount Bank Becomes First in Country to Offer Bitcoin and Ethereum Trading appeared first on Coinpedia Fintech News Israel Discount Bank, a $150 billion bank, has become the first in the country to offer Bitcoin and Ethereum trading through its mobile app. From November 26, customers can buy, hold, and sell both cryptocurrencies without using a separate exchange or wallet. This puts the bank ahead of rival Bank Leumi, which plans to launch …
Discount Bank in Israel is scheduled to open customers to buy and sell Bitcoin and Ethereum through the bank app on November 26th. The service […] Discount Bank in Israel will open Bitcoin and Ethereum transactions on November 26th! But the purchased coins cannot be transferred out> This article was first published in DongZu BlockTempo "DongZu DongTen - the most influential blockchain news media".
Exclusive: Cutting 2030 goal would be a ‘step backwards’, say MPs, as ministers clash over proposed reductions Labour MPs are urging the government not to weaken its electric vehicle targets as divided cabinet ministers prepare for a crunch meeting on Thursday to thrash out a compromise. Members of the climate and nature crisis caucus (CNCC) say ministers must not water down a legal requirement for carmakers to ensure that 80% of the vehicles they sell in 2030 are electric, saying doing so would be a backward step and “shortsighted”. Continue reading...
Bank of America (BofA) says hot CPI puts a 50bps December Fed hike on the table. BTC fell a week later after 5 of the last 6 big hikes. The post Bank of America Warns of 50 bps Fed Hike in December: Is Bitcoin Heading for Another 2022-Style Drop? appeared first on Coinspeaker.