Author: Admin

Polymarket is putting insider trading fears in plain sight. Bloomberg’s Denitsa Tsekova joins Bloomberg Open Interest to explain how prediction markets have opened a new frontier for betting on geopolitics, from Iran strikes to peace deals, while transparent wallet activity makes suspicious trades easier to track than in traditional markets. (Source: Bloomberg)

US stock markets dropped on Wednesday afternoon after the Federal Reserve left interest rates unchanged and signaled a possible rate hike before the end of the year.The Fed was widely expected to keep rates at a range of 3.5% to 3.75%, where they have remained since December. The decision was unanimously supported by the Fed’s voting committee.“Economic activity is expanding at a solid pace despite elevated uncertainty that owes, in part, to the conflict in the Middle East,” the Fed’s open market committee said in the statement.The Dow closed 500 points lower, and the S&P 500 and Nasdaq down over…

For years, the crypto industry has been driven by narratives.From ICOs and DeFi Summer to NFTs, GameFi, the Metaverse, AI tokens, and memecoins, markets have repeatedly chased stories that promised future growth. Capital flowed toward attention, speculation, and potential rather than measurable business performance.But the industry is evolving.As crypto matures, a new narrative is emerging—one that may prove more durable than any trend cycle before it:Revenue is the new narrative.The Shift From Hype to FundamentalsIn traditional finance, companies are often evaluated based on revenue, profitability, cash flow, and long-term sustainability. Crypto, however, spent much of its early history prioritizing network…

Wednesday, June 17th, 2026The first Federal Open Market Committee (FOMC) meeting with new Fed Chair Kevin Warsh has recently concluded, with the first unanimous 12-0 decision on Fed policy in the past year. The FOMC will keep interest rates steady at their current +3.50-3.75% level. It’s the first time Fed Governor Stephen Miran did not advocate a rate cut in his tenure so far of seven FOMC meetings.In an official statement shorter than 150 words, the Fed eschewed forward guidance and “dot-plots” from the Fed Chair, with these considered “not well-suited to current policy conjuncture,” as Warsh was quoted in…

In a massive cross-industry push to advance financial inclusion in Latin America, Mexico’s leading financial platform Clip has officially launched Mi Clip, an open digital wallet ecosystem. Developed through a strategic partnership combining Ant International‘s advanced artificial intelligence capabilities, Mastercard‘s global payments network, and Televisa-Univision‘s massive media infrastructure, the digital application introduces a direct alternative to cash-in-hand transactions for millions of domestic consumers and merchants. The coordinated market rollout directly addresses deep-seated, structural inefficiencies inside Mexico’s domestic trade economy, which remains heavily reliant on physical currency despite ongoing improvements in regional telecommunications. According to findings from the 2024 National Financial…

“I have been considering leaving my job so that I can focus on my trading activities full time.”

Is Rumble’s AI expansion just Allbirds 2.0 — or a move modeled after Elon Musk?

A coordinated push to protect whistleblowers, journalists and victims of sexual assault from being sued by those who wish to silence them has been launched in both houses of parliament.Two private members’ bills designed to crack down on strategic lawsuits against public participation, known as Slapps, have been introduced by Conservative members within 24 hours of each other, and are likely to attract cross-party support.Labour ministers are understood to be supportive of the bills after frustration in the Ministry of Justice that similar measures did not form part of the king’s speech.However, sources said progress was at an early stage…

The Fox Corp. headquarters are seen on June 15, 2026, in New York City.Michael M. Santiago | Getty ImagesThe media industry has long been preparing for consolidation and mega deals. And yet Fox Corp.’s acquisition of Roku seems to have taken the market by surprise. On Monday, Fox said it would acquire Roku for $22 billion, bringing a streaming tech platform — in addition to a second free, ad-supported streaming service — into its portfolio of linear TV networks and Tubi. While analysts lauded the deal as a strategic pivot for the legacy media company, Fox shareholders received the news differently. Its…

Michael Burry attends “The Big Short” New York screening Ziegfeld Theater on Nov. 23, 2015, in New York City.Astrid Stawiarz | Getty ImagesMichael Burry of “The Big Short” fame said Tuesday he has no position in SpaceX, arguing that options used to wager against the stock remain too expensive even as he questioned the company’s nearly $3 trillion market value.The investor, best known for predicting the U.S. housing collapse before the financial crisis, said he had reviewed several bearish options trades tied to SpaceX but ultimately passed on all of them.”I am not involved with SpaceX now. Neither short nor,…