The U.S. stock market is getting close to dot-com bubble peak valuations
The Shiller cyclically adjusted price-to-earnings ratio for U.S. stocks is nearing the 1999 peak seen during the dot-com bubble.
The Shiller cyclically adjusted price-to-earnings ratio for U.S. stocks is nearing the 1999 peak seen during the dot-com bubble.
This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. The week’s main event for digital assets, the U.S. Clarity Act markup, is due later today. The crypto market, led by bitcoin, seems to be treating it as a non-event.… Read More
Most voters in the U.S. aren’t comfortable with President Donald Trump’s hand on the wheel of crypto industry oversight, with 62% saying they don’t trust his administration on that point, according to a survey commissioned by CoinDesk. After the previous administration’s heavy hand on crypto,… Read More
A U.S. Senate that’s struggled to move crypto market structure legislation moved like lightning on Thursday to ban themselves from participating in prediction markets. Acting on a simple, 14-line resolution pushed by Ohio Republican Senator Bernie Moreno, the Senate agreed unanimously to put a restriction… Read More
The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to shield what the agency has argued is its unassailable nationwide regulatory authority over prediction market firms. Earlier this week, New York sued Coinbase and Gemini, arguing that their prediction… Read More
The U.S. Department of Justice arrested a master sergeant with the Army on allegations he placed wagers on the raid of Nicolas Maduro ahead of participating in the operation to detain former Venezuelan leader. The DOJ unsealed an indictment Thursday charging Gannon Ken Van Dyke… Read More