Streetbeat News

Regulatory

SPY

Newark Airport has entered a ground stop, according to Bloomberg. The impact on airline stocks and the broader market is uncertain.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 5:56 pm

HSTO

Histogen has been granted European Patent Number EP3814327 for its pentanoic acid derivatives and related compounds as caspase inhibitors for treating cardiovascular diseases.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 5:38 pm

OZON

Russian e-commerce company Ozon plans to continue appealing Nasdaq's decision to delist its shares, following the exchange's recent announcement.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 5:33 pm

DOGEUSD

Dogecoin (DOGE) is trading lower by 4.13% amid volatility in altcoins following the SEC's lawsuit against Coinbase for operating as an unregistered securities exchange, broker, and clearing agency. Crypto-related stocks are also trading lower after the SEC sued Binance over U.S. securities violations.

Portfolio Pulse from Henry Khederian

June 07, 2023 | 5:26 pm

RIOT

Riot Platforms Inc (NASDAQ:RIOT) shares are trading lower by 4.39% to $10.42 as crypto-related stocks face volatility after the SEC sued Coinbase and Binance for alleged securities violations.

Portfolio Pulse from Henry Khederian

June 07, 2023 | 5:05 pm

COIN

The SEC is taking Coinbase Global Inc (NASDAQ:COIN) to court, claiming it operates as an unregistered national securities exchange. Coinbase CEO Brian Armstrong believes the regulators are mistaken and welcomes the opportunity to advance the crypto industry in the US.

Portfolio Pulse from Adam Eckert

June 07, 2023 | 4:52 pm

BTCUSD

ETHUSD

Binance.us has announced that it is streamlining its buy, sell, and convert offerings and has paused its OTC trading portal.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 4:14 pm

COIN

Bitfinex and Tether CTO Paolo Ardoino predicts that decentralized exchanges (DEXs) could face increased regulatory scrutiny, similar to centralized exchanges like Coinbase and Binance. He emphasizes the need for clear guidance and continuous dialogue between regulators and industry leaders to avoid constraining the potential of blockchain technology.

Portfolio Pulse from Murtuza Merchant

June 07, 2023 | 4:06 pm

COIN

Coinbase CEO announced at the Bloomberg Conference that the company will continue to operate its staking business, despite regulatory concerns.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 4:05 pm

UNG

Trinidad and Tobago plans to restart its idled LNG unit by early 2027, following a restructuring of Trinidad's Atlantic LNG. The company could potentially buy gas from non-owners as new supplies become available.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 4:04 pm