Cryptocurrency News

Meta Platforms delivered another blockbuster quarter for revenue, but investors were reminded that the race to dominate artificial intelligence comes at a steep cost. The social media giant reported second-quarter revenue of $60.8 billion, beating Wall Street expectations, while earnings per share missed forecasts as massive AI infrastructure investments…

Binance.US plans to apply for a U.S. Commodity Futures Trading Commission (CFTC) Designated Contract Market (DCM) license next month, marking a major step in its expansion beyond spot crypto trading. CEO Stephen Gregory reportedly announced the move at RareEvo, saying the exchange aims to launch regulated prediction markets as part of its broader comeback…

Binance.US is reportedly preparing to ask the Commodity Futures Trading Commission (CFTC) for the exchange license it would need to offer prediction markets to US customers. CEO Stephen Gregory outlined the timeline on stage at the Rare Evo conference in Las Vegas, and no formal filing has reached the regulator yet.

Bitcoin Magazine Bitcoin Barely Budges as Fed Keeps Interest Rates Unchanged The leading cryptocurrency didn't move much — and it wasn't clear what the Fed will do next. This post Bitcoin Barely Budges as Fed Keeps Interest Rates Unchanged first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Warsh tells traders to play the ball, not the referee, as the Fed defends its 2% target and Treasury yields ease.