Ether jumps 20% on renewed optimism for an ETF, bitcoin also rallies
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Cryptocurrencies gain as investors turn optimistic on ether ETFs
LONDON: Ether was set for its largest two-day gain in nearly two years and bitcoin approached a record high on Tuesday (May 21) on speculation about the outcome of applications for US spot exchange-traded funds that track the world's second-biggest cryptocurrency.
Fat Brands stock craters after company, chair Andy Wiederhorn charged in $47 million 'sham' loan scheme
Federal authorities on Friday charged Fat Brands and its chair Andy Wiederhorn of committing a brazen scheme that netted him $47 million in bogus loans from the restaurant company that owns Fatburger, Johnny Rockets and Twin Peaks.
SEC Chair Gensler says investors don't get 'needed disclosures' for crypto assets: CNBC Crypto World
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Robinhood discloses SEC letter warning of potential enforcement actions: CNBC Crypto World
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Robinhood says SEC could pursue enforcement actions over its crypto operations
The Securities and Exchange Commission could soon pursue enforcement action against Robinhood, according to the trading firm.
Dow closes higher by more than 400 points as April jobs report bolsters Fed rate cut hopes: Live updates
Stocks jumped sharply Friday after a softer-than-expected April jobs report boosted hopes that the Federal Reserve could start cutting interest rates soon.
Trump Media auditor charged by SEC with 'massive fraud,' permanently barred from public company audits
The auditing firm for Trump Media and the auditor's owner were charged Friday with "massive fraud" by the Securities and Exchange Commission for work that affected more than 1,500 SEC filings, the federal regulator announced.