Mega-IPO candidates including SpaceX are expected to face a long road to entry to the S&P 500 Index, after the company that makes the rules rejected a proposal that included relaxing the requirement that they be profitable.
Mega-IPO candidates including SpaceX are expected to face a long road to entry to the S&P 500 Index, after the company that makes the rules rejected a proposal that included relaxing the requirement that they be profitable.
SpaceX facilities in Hawthorne, California. Photographer: Ethan Swope/Bloomberg
Bitcoin has fallen 36% over the past year and slipped below $70,000 this week, extending a retreat that is undermining several of the arguments that helped carry the cryptocurrency into the financial mainstream.
Bitcoin has fallen 36% over the past year and slipped below $70,000 this week, extending a retreat that is undermining several of the arguments that helped carry the cryptocurrency into the financial mainstream.
Bitcoin briefly fell below $73,000 despite a fresh push from Donald Trump for the CLARITY Act, suggesting pro-crypto messaging from Washington is losing its ability to drive gains in digital assets.
Bitcoin briefly fell below $73,000 despite a fresh push from Donald Trump for the CLARITY Act, suggesting pro-crypto messaging from Washington is losing its ability to drive gains in digital assets.
Retail bettors made Kalshi worth more than $20 billion. Until Thursday, none of them could own a piece of it.
The Kalshi logo arranged on a smartphone in New York, US, on Monday, Feb. 10, 2025. The Commodity Futures Trading Commission is asking Crypto.com and Kalshi Inc. to explain how their recently launched Super Bowl event contracts comply with derivatives regulations. Photographer: Gabby Jones/Bloomberg
Bitcoin’s bad stretch of ETF outflows has exposed an uncomfortable dynamic in the crypto market’s structure: the price level that should draw buyers back in is the one that also prompts some of the heaviest selling.
Bitcoin’s bad stretch of ETF outflows has exposed an uncomfortable dynamic in the crypto market’s structure: the price level that should draw buyers back in is the one that also prompts some of the heaviest selling.
Kalshi Inc. is raising an additional $200 million, broadening a funding round that had already brought in $1 billion, according to a person familiar with the situation.
Kalshi Inc. is raising an additional $200 million, broadening a funding round that had already brought in $1 billion, according to a person familiar with the situation.
The Kalshi logo arranged on a laptop in New York, US, on Monday, Feb. 10, 2025. The Commodity Futures Trading Commission is asking Crypto.com and Kalshi Inc. to explain how their recently launched Super Bowl event contracts comply with derivatives regulations.
Bitcoin climbed past $80,000 after the Senate Banking Committee advanced a landmark US digital asset market structure bill after months of negotiations.
Bitcoin climbed past $80,000 after the Senate Banking Committee advanced a landmark US digital asset market structure bill after months of negotiations.
Polymarket is partnering with blockchain analytics firm Chainalysis Inc. to help police its platform as prediction markets grapple with increased scrutiny over insider trading.
Polymarket is partnering with blockchain analytics firm Chainalysis Inc. to help police its platform as prediction markets grapple with increased scrutiny over insider trading.
A Polymarket advertisement in a subway station in New York.
Stocks surged on Tuesday, with the S&P 500 Index closing within sight of a fresh record as optimism on the possibility of further peace talks between the US and Iran pushed down oil prices.
Stocks surged on Tuesday, with the S&P 500 Index closing within sight of a fresh record as optimism on the possibility of further peace talks between the US and Iran pushed down oil prices.
Stocks closed at session highs and were back in the green for 2026 after President Donald Trump said Iran still wanted to make a deal following a deadlock in peace talks and a US blockade of the Strait of Hormuz. Meanwhile, Goldman Sachs Group Inc. shares dropped in an underwhelming start to the earnings season.
Stocks closed at session highs and were back in the green for 2026 after President Donald Trump said Iran still wanted to make a deal following a deadlock in peace talks and a US blockade of the Strait of Hormuz. Meanwhile, Goldman Sachs Group Inc. shares dropped in an underwhelming start to the earnings season.
Thomas Peterffy, the billionaire founder and chairman of Interactive Brokers Group Inc., has an answer to the insider-trading concerns dogging prediction markets: stop trying to prevent it — for the good of society.
Thomas Peterffy, the billionaire founder and chairman of Interactive Brokers Group Inc., has an answer to the insider-trading concerns dogging prediction markets: stop trying to prevent it — for the good of society.
Stocks reversed sharp declines to close higher, as investors monitored fresh developments around the Strait of Hormuz and the war in the Middle East. Oil prices held onto hefty gains.
Stocks reversed sharp declines to close higher, as investors monitored fresh developments around the Strait of Hormuz and the war in the Middle East. Oil prices held onto hefty gains.
Bitcoin and other cryptocurrencies declined anew as the US, Israel and Iran traded fresh threats and attacks.
Technicians on a cherry picker install new mining rigs at the Minto cryptocurrency mining center in Nadvoitsy, Russia, on Friday, Dec. 17, 2021. Bitcoin extended its five-week slide from an all-time high with risk sentiment across global financial markets dwindling.
The US Treasury Department is in early discussions about increasing scrutiny of one of the fastest-growing tax strategies in the $14 trillion ETF industry.
The US Treasury Department is in early discussions about increasing scrutiny of one of the fastest-growing tax strategies in the $14 trillion ETF industry.
The US Treasury Department in Washington, DC, US, on Monday, Dec. 15, 2025. Treasuries posted small gains as investors looked to a swath of delayed US economic reports ahead this week that have the potential to alter expectations for further Federal Reserve interest-rates cuts next year.
Bitcoin has been cut almost in half since its October high. By almost every measure, the selloff is the worst since the collapse of FTX. But there is a puzzle at the center of the wreckage: the institutional scaffolding that was built around the coin during the boom hasn’t come down with it.
Bitcoin has been cut almost in half since its October high. By almost every measure, the selloff is the worst since the collapse of FTX. But there is a puzzle at the center of the wreckage: the institutional scaffolding that was built around the coin during the boom hasn’t come down with it.