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Cryptocurrency Exchange Founders Tyler, Cameron Winklevoss Donate $2 Million to Trump

Cryptocurrency exchange Gemini founders Cameron and Tyler Winklevoss announced on Thursday that they have donated $2 million in Bitcoin to former President Donald Trump’s re-election campaign, citing the Biden administration’s “war on crypto.” Tyler Winklevoss wrote that he and his brother now support Trump, noting that President Joe Biden’s administration has been openly hostile to […]

Australian securities exchange approves its first spot Bitcoin ETF – Cointelegraph

Australia’s largest stock exchange, the Australian Securities Exchange (ASX), has approved its first spot Bitcoin exchange-traded fund (ETF), which is set to begin trading on June 20. According to a press release shared with Cointelegraph by investment firm VanEck, the company will be launching a spot bitcoin ETF, the VanEck Bitcoin ETF (VBTC). This comes […]

Robinhood buys crypto exchange Bitstamp in surprise $200 million deal – Fortune

Robinhood announced on Thursday that it has acquired Bitstamp, one of the world’s oldest cryptocurrency exchanges, in an all-cash transaction valued at approximately $200 million. The acquisition, expected to close in the first half of 2025, will advance one of Robinhood’s strategic objectives by expanding the company’s presence in international markets. Bitstamp has been a […]

Texas Stock Exchange looks to challenge NYSE, Nasdaq

Wall Street giants BlackRock Inc. and Citadel Securities are pouring money into the launch of a Texas stock exchange that plans to challenge the New York-based market in an effort to attract global companies. The Dallas-based exchange, which has raised about $120 million to date, plans to file registration documents with the Securities and Exchange […]

Texas Stock Exchange in the works to take on New York

Jim Bianco, president of Bianco Research, talks to “Making Money” about the relationship between bond yields and the stock market. New National Stock Exchange Based in Dallas The company plans to list in the United States as a rival to the New York Stock Exchange and Nasdaq and is backed by several major Wall Street […]

New York Stock Exchange glitch causes Berkshire Hathaway stock to plummet 99%

A technical glitch at the New York Stock Exchange caused stock prices for several companies, including Warren Buffett’s Berkshire Hathaway, to be displayed incorrectly. Trading in Buffett’s company’s shares was halted after stock exchange readings showed shares in the company had fallen 99%. Shares of other companies, including Chipotle, Barrick Gold and NuScale Power, were […]