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X @The Economist
The Economist· 2025-06-29 11:00
A new Swedish law will criminalise paying for live porn on websites, but not those who perform the online sex acts. There are better ways to regulate sex work https://t.co/RedT54tBh1Illustration: Claire Merchlinky https://t.co/RIxeDjF90O ...
X @Bloomberg
Bloomberg· 2025-06-29 01:10
UK supermarkets could be fined if they do not sell healthier food, under a new government plan to tackle obesity https://t.co/Zb8Eq4pDuF ...
Crypto Regulation Pushes Through Congress
Bloomberg Technology· 2025-06-27 19:01
Let's start with this latest news. Right. This is what Bloomberg put out last night, yesterday evening out of D.C. , that the idea is to advance two separate measures in a single procedural vote. We actually had David Sax, the crypto czar, on the show a couple of weeks ago, where we put this idea to him.What do you make of that, that structure and the impact that it might have. Yeah, it's important that they're able to bring the two bills to the floor, but also have them separate so that the genius that can ...
Exxon Mobil CEO: EU's CSDDD is some of the worst legislation I've seen passed anywhere
CNBC Television· 2025-06-27 13:08
plans. com now. >> All right welcome back everybody.Joining us right now for an exclusive interview to discuss all things energy and oil is Darren Woods. He's ExxonMobil's chairman and CEO. And Darren I want to thank you for being with us this morning.Good to see you. It's good to see you, too. We've been watching so closely what's been happening with oil prices. And we've seen a real rapid rise and then drop off again after what's been happening in the Middle East.Crude oil back at $65 a barrel. But it got ...
X @Ash Crypto
Ash Crypto· 2025-06-27 10:16
𝗔𝗟𝗧𝗦𝗘𝗔𝗦𝗢𝗡 𝟮𝟬𝟮𝟬-𝟮𝟭➙ CONSOLIDATED FOR 15-16 MONTHS➙ CAPITULATION HAPPENED DURING MARCH CRASH➙ ENTERED AN EXPANSION PHASE AND PUMPED FOR 8-9 MONTHS𝗔𝗟𝗧𝗦𝗘𝗔𝗦𝗢𝗡 𝟮𝟬𝟮𝟰-𝟮𝟱➙ CONSOLIDATING FOR 16-17 MONTHS NOW➙ APRIL CRASH WAS THE FINAL CAPITULATIONWITH RATE CUTS AND PRO-CRYPTO REGULATION INCOMING, I THINK ALTS COULD ENTER A SUSTAINED UPTREND.IT WON'T BE LIKE 2020-21 CYCLE, BUT COULD BRING LIFE-CHANGING GAINS. ...
Meta Platforms(META.O)表示,已与欧盟反垄断监管机构进行建设性沟通,尽管欧盟不断变更标准,但公司仍进行了大量调整。
news flash· 2025-06-27 09:11
Meta Platforms(META.O)表示,已与欧盟反垄断监管机构进行建设性沟通,尽管欧盟不断变更标准,但 公司仍进行了大量调整。 ...
Apple changes App Store rules in EU after being threatened with $570M fine
New York Post· 2025-06-26 19:58
Apple on Thursday changed rules and fees in its App Store in the European Union after the bloc’s antitrust regulators ordered it to remove commercial barriers to sending customers outside the store.Apple said developers will pay a 20% processing fee for purchases made via the App Store, though the fees could go as low as 13% for Apple’s small-business program.Developers who send customers outside the App Store for payment will pay a minimum fee of 5% and at most 15%. Developers will also be able to use as m ...
Former CFTC Chairman Rostin Behnam: We need regulations and guardrails around the crypto industry
CNBC Television· 2025-06-26 18:51
Competition is going to arise as this bill is passed. It again, it has passed two houses of of Congress. It hasn't been signed yet, but this was always an argument I faced talking to members of Congress.If we pass bills around crypto, it legitimizes this industry. And at a time in 22 and 23 when you had rampant fraud, big in scale, I think a lot of members in Congress were questioning why would they legitimize an industry that is so rampant with bad actors. But ultimately in the balance between an unregulat ...
Passing bills around crypto legitimizing the industry, says Georgetown's Rostin Behnam
CNBC Television· 2025-06-26 16:04
Rostin Behnam, Georgetown University fellow, joins 'Money Movers' to discuss America's stablecoin framework, the GENIUS ACT and crypto regulation. ...
Is It Time to Ride the Upbeat Momentum in Coinbase? ETFs in Focus
ZACKS· 2025-06-26 11:56
Core Viewpoint - Coinbase has been recognized as a leading player in the cryptocurrency sector, with analysts upgrading its price target significantly, reflecting strong growth potential and market position [2][3]. Group 1: Analyst Insights - Bernstein analysts upgraded Coinbase's price target to $510 from $310, maintaining an "Outperform" rating, and described it as the "most misunderstood company" in the crypto space [2]. - Analysts highlighted Coinbase's unique position as the only cryptocurrency company in the S&P 500, its dominance in U.S. crypto trading, and its leadership in the stablecoin exchange market [3]. - Coinbase has diversified its offerings beyond trading, including institutional custody, Base blockchain infrastructure, and a Prime lending desk [3]. Group 2: Price Targets and Broker Ratings - The average price target for Coinbase, based on 26 analysts, is $275.40, indicating a potential decline of 20.13% from its closing price of $344.82 on June 24 [4]. - Coinbase has an average brokerage recommendation (ABR) of 2.14, indicating a shift from an ABR of 2.27 a month ago, with 13 Strong Buy and one Buy recommendations [5][6]. Group 3: Earnings Estimates - The Zacks Consensus earnings estimate for Coinbase's current quarter is $0.91, up from $0.83 a month ago, with the full-year estimate now at $2.96 per share, an increase from $2.41 [7]. Group 4: Market Trends - Coinbase's stock has surged approximately 40% this year, partly due to the Senate's passage of the GENIUS Act, which aims to create a federal framework for stablecoins [8]. - The positive market sentiment is also reflected in the strong gains of other crypto-related companies, indicating increasing institutional adoption of bitcoin and optimism around stablecoin regulation [8]. Group 5: Valuation Concerns - Despite the positive outlook, Coinbase shares are considered to lack value, with a trailing 12-month price-to-earnings (PE) ratio of 49.12X compared to 15.16X for the Financial - Miscellaneous Services industry [9]. Group 6: Investment Options - Investors looking to mitigate risks while capitalizing on Coinbase's momentum may consider COIN-heavy ETFs, which include several funds with at least 10% exposure to Coinbase [10][11].