Adam Back says institutional Bitcoin ETF adoption needs 12–18 months. Learn why Wall Street money is slower than crypto investors anticipated.
Author: Trader Edge
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The CFTC sued Wisconsin over prediction market jurisdiction, defending platforms like Kalshi, Coinbase, and Robinhood against state gambling charges.
Solana (SOL) price hovers at $84 below key resistance levels. Technical patterns and market data suggest potential drop to $60-$70 zone ahead.
Canada unveils plan to ban all crypto ATMs nationwide, citing fraud and money laundering. The move follows similar actions in the US, Australia, and beyond.
Ethereum (ETH) trades near $2,300 as retail investors sell 756K ETH and whales accumulate 60K tokens. Key levels at $2,200 support and $2,400 resistance.
Judge Lewis Kaplan denied Sam Bankman-Fried’s motion for a new trial, calling his arguments baseless and conspiratorial in a Tuesday ruling.
XRP Ledger tokenized RWA value surges to $3 billion, up 59% in 30 days. XRP trades at $1.39 as analysts monitor critical support zones.
Paul Tudor Jones ranks bitcoin as the top inflation hedge over gold and cautions S&P 500 investors may face negative 10-year returns due to extreme valuations.
Bitcoin holds steady near $77K despite oil surging past $111 on Hormuz blockade fears. Major altcoins decline while BTC shows resilience to macro pressures.
Robinhood (HOOD) shares tumbled 9% after hours as Q1 earnings missed estimates with crypto revenue down 47% YoY, offset partly by prediction market growth.
UnitedHealth (UNH) stock rises 3.6% after crushing Q1 estimates with $7.23 EPS and improved medical benefit ratio. Full analysis of earnings and outlook.
AMD stock dropped 4.8% Tuesday after reports showed OpenAI missed 2025 revenue targets, sparking concerns about AI chip demand for semiconductor companies.
Erasca (ERAS) stock plunged 50% after disappointing cancer drug trial data, a patient death, and a patent lawsuit from Revolution Medicines.
Cleveland-Cliffs (CLF) partners with Palantir Technologies (PLTR) for a three-year AI deployment across manufacturing operations and workflows.
Alphabet (GOOGL) withdrew from a $100M Pentagon drone program after ethics review, marking another clash between Google’s defense ambitions and employee concerns.