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South Korea extends the ban on short selling, addressing the issue of appropriate penalties for such activities.

South Korea extends the ban on short selling, addressing the issue of appropriate penalties for such activities.

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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Morning News on CrypticNews Hub 1. Trump: Will end Biden's war on cryptocurrencies and ensure #Bitcoin is mined in the U.S. 2. Forbes: CZ's net worth is currently estimated at $61 billion, and he may own 94 million $BNB . 5. Bernstein raised its $BTC price target by 33% to $200,000 by the end of 2025. 7. Source: Farcaster is expected to launch tokens. 8. MicroStrategy announced the pricing of convertible senior notes totaling $700 million. 9. The President of El Salvador proposed creating a private investment bank for Bitcoin investors. 10. Bloomberg analysts: The launch date of the spot #Ethereum ETF is expected to be postponed to July 2. 11. The Australian Stock Exchange ASX will list the first Bitcoin spot ETF. 12. LayerZero co-founder: 23.8% of the total ZRO volume will be allocated to the community and builders, with 8.5% distributed on the first day. 13. Tax charges brought by Nigeria's Federal Tax Bureau against Binance executives have been withdrawn. 14. Chairman of the U.S. Securities and Exchange Commission: The Terraform case proves that the economic substance of a product determines whether it is a security under the securities law. 15. MicroStrategy founder: Bitcoin will continue to be bought even if it reaches $8 million. 16. ZK Nation: Proxy ZKsync registration is planned to open next week. 17. LayerZero has established a fund and released its first tweet with a picture.
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On Friday, the S&P 500 ended a series of four consecutive record closings, dipping slightly lower, while the Dow fell by 57 points and the Nasdaq added 0.1%, extending its series of record closings to five. Market sentiment was dampened by an unexpected drop in the Michigan consumer sentiment index to a seven-month low and a rise in five-year inflation expectations. Most sectors were in the red, except for the technology and communication services sectors, which saw a slight increase. In corporate news, shares of luxury retailer RH fell 17.2% after reporting a significantly larger-than-expected loss for the first quarter. Stellantis shares dropped 4.2% following comments from the CEO about addressing "arrogant" mistakes in the U.S. that led to sales declines and inventory issues. Conversely, Adobe shares rose 14.5% after raising its full-year forecast, and Broadcom shares increased by 3.3%, marking a record weekly gain of 23%. For the week, the S&P 500 rose 1.8%, the Nasdaq gained 3.6%, and the Dow Jones fell 0.6%.
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Fidelity: The periodic table below (updated as of May) shows an interesting combination of #Bitcoin and gold at the top and bonds at the bottom. It's as if the market is trying to tell us something about the coming era of fiscal dominance.
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The number of #Ethereum NFT traders has fallen below 4,000 for the first time since June 2021.
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Goldman Sachs expects that high-yield bond spreads will tighten over the next 12 months.
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