• Dec 10, 2024

Stock market today: Wall Street drifts lower as it waits for inflation data

U.S. stock indexes are drifting lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. Tech titan Oracle dragged on the market and sank 7.8% after reporting growth for the latest quarter that fell just short of analysts’ expectations. Oracle’s stock had already leaped nearly 81% for the year coming into Tuesday, which raised the bar of expectations for its profit report.

• Dec 10, 2024

Hunter Horsley and Matt Hougan: The Spot Crypto ETF Champions

The two Bitwise executives have worked tirelessly to get crypto exchange-traded funds approved by the SEC, and this year they finally succeeded.

• Dec 10, 2024

Wall Street mixed, dollar climbs ahead of inflation report

Global equities were down and Wall Street indexes were mixed Tuesday and the dollar rose, as investors awaited fresh inflation data and further economic news later in the week. Gold prices hit a two-week high, boosted by rising geopolitical tensions and expectations of a third U.S. rate cut by the Federal Reserve next week. Traders awaited U.S. inflation data due on Wednesday and a meeting by the European Central Bank on Thursday.

• Dec 10, 2024

David Tse: Bringing Staking to Bitcoin

It’s been a banner year for Babylon, the staking protocol co-founded by Tse.

• Dec 10, 2024

Fairshake: Crypto Titans Use Old-School Dollars to Turn Tide in Congress

The industry went from pariah in Washington to being a top political player in less than two years, thanks in part to unlimited spending and hard-nosed tactics.

• Dec 09, 2024

Top Stock Movers Now: Boeing, Alaska Air Group, Alphabet, Oracle, Ebay, and More

U.S. equities were slightly higher around midday ahead of a key report on consumer prices due tomorrow.

• Dec 09, 2024

Eric Wall, Udi Wertheimer and Francisco Alarcon: Upgrading Bitcoin With Covenants

The founders of the popular Taproot Wizards JPEGs want to do more now to “make bitcoin magical again.”

• Dec 09, 2024

Shayne Coplan: He Took Prediction Markets Mainstream

In so doing, Polymarket's founder demonstrated a real-world consumer use case for crypto, earning him a spot on CoinDesk's Most Influential 2024 list.

• Dec 09, 2024

Michael Saylor: The Architect of MicroStrategy’s Huge Bitcoin Bet

Most companies were leery of Saylor’s strategy when he started amassing bitcoin back in 2020. Some are no longer skeptical.

• Dec 09, 2024

Why Is Cumberland Pharmaceuticals Stock Trading Over 100% on Tuesday?

On Monday, the FDA approved Cumberland Pharmaceuticals Inc’s (NASDAQ:CPIX) supplemental New Drug Application (sNDA) for its Acetadote (N-acetylcysteine for injection) product. Acetadote is an intravenous (IV) formulation of N-acetylcysteine (NAC) indicated to prevent or lessen liver injury after ingestion of potentially toxic quantities of acetaminophen. Acetaminophen, a common over-the-counter pain reliever and fever reducer, is the leading cause of acute liver failure in the United States. Eac