Amazon shares hit another record high Thursday, bucking the broader market's downturn today and boosting their year-to-date gain to 45%. Monitor these key chart levels.
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion, UBS says
The total wealth held by the world's billionaires globally rose 17% to $14 trillion in the 12 months leading up to April, UBS said.
Fontainebleau Miami Beach Borrows $975 Million in Bond Market
(Bloomberg) -- Luxury hotel Fontainebleau Miami Beach sold a $975 million commercial mortgage-backed security to refinance debt.Most Read from BloombergKansas City Looks Back on its Long, Costly Ride With MicrotransitNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThe CMBS is part of a broader $1.2 billion debt package that includes a mezzanine loan of as mu
This Week In Crypto: Ripple’s Stablecoin, Cardano’s GameFi Push, Solana ETFs, Missouri’s CBDC Ban & More
Ripple is planning to launch its new RLUSD stablecoin, once approved by the NYDFS, while the XRP Ledger slashed activation costs, sparking a surge in new users. Cardano makes waves in the gamefi world with its Hydra Doom Tournament, and Solana sees growing institutional interest as Grayscale officially files for a spot ETF. Meanwhile, Missouri’s Senate introduces a bill to ban CBDCs as legal tender, adding to the ongoing debate on digital currencies.
Crypto Stocks Swing Wildly After Bitcoin Tops $100,000
Shares of cryptocurrency-related companies including MicroStrategy and Coinbase jumped after the price of bitcoin surpassed $100,000 for the first time.
Crypto ETF Fans Cheer Trump’s SEC Chair Nominee Atkins
Ex-SEC commissioner seen as advocate who will return to agency and boost range of crypto funds.
NYC Mayor Eric Adams Takes Victory Lap: 'Remember Y'All Laughed When I First Got My Bitcoin? Who's Laughing Now?'
New York City Mayor Eric Adams is seizing the moment as Bitcoin's (CRYPTO: BTC) value edges closer to the $100,000 mark, up 129% this year. At a press conference on Tuesday, Adams had a pointed message for his skeptics: "Remember y'all laughed at me when I first got my Bitcoin? Who's laughing now?" Adams, who took his first three paychecks in Bitcoin and Ethereum (CRYPTO: ETH) upon assuming office in January 2022, faced ridicule at the time. Don’t Miss: The global games market is projected to ge