NEW ECONOMY

Cryptocurrency exchange Coinbase will allow qualified borrowers to pledge digital assets to fund Fannie Mae-backed mortgage apartments beginning this summer.In a Thursday notice, Coinbase and its partner, Better Home & Finance, said the mortgage structure plan launching “by summer...

Welcome to Eye on AI, with AI reporter Sharon Goldman. In today’s issue: The small business owners managing whole armies of AI employees…Meta keeps delaying the release of its new AI Model to developers…How courts are coping with a...

A heavy wave of US Treasury issuance, a $250 billion IPO pipeline, and a shift in big tech cash toward AI spending are among the pressures Jamie Coutts says could keep markets tight for a while longer. The Real...

Nine Democratic lawmakers in the US House of Representatives have called on the Federal Trade Commission to launch a probe into how prediction markets are advertising to customers compared to how they present themselves to regulators. In a statement...

The bitcoin ETF bleed has spread across crypto. U.S. spot bitcoin funds shed another $396.60 million on Wednesday, extending a record outflow streak to 13 straight sessions and a $4.37 billion drain since mid-May, while ether, solana and XRP...

Key TakeawaysOn June 3, XRP hit a new year-to-date low of $1.188 amid an escalating U.S.-Iran military confrontation.The bearish market triggered $14.06 million in long liquidations, completely stalling Ripple’s Mastercard news.Critics warn that future Strategy liquidations could similarly impact...

As fuel prices soar, more low-cost carriers are seeking help from outside investors to ensure they can stay afloat. Source link

In just over a week, SpaceX is set to debut as one of the biggest IPOs in history with an eye-popping valuation of $1.75 trillion. One top analyst says it may actually be worth half of that, and investors...

Agentic payment activity on Coinbase’s Base network has surpassed 100 million transactions, signaling that machine-to-machine payments are moving beyond the proof-of-concept stage in onchain environments. According to a new Chainalysis report, wallets interacting with Coinbase's x402 protocol generated more...