Streetbeat News

Regulatory

BTCUSD

The SEC is suing Binance and its founder Changpeng Zhao for deception, conflicts of interest, and evasion of U.S. law, causing concern in the cryptocurrency industry. SkyBridge Capital co-founder Anthony Scaramucci criticized the SEC's decision, stating it is not in the best interest of the United States and could hinder the country's position in the world of finance.

Portfolio Pulse from Chris Katje

June 06, 2023 | 11:26 pm

SPY

The FED is expected to pause rate changes during the FOMC meeting next week, but the upcoming CPI report could change market sentiment. The Port of Los Angeles shutdown and new debt issuance may impact stocks. The SPY chart signals a potential market top.

Portfolio Pulse from Joe Benjamin

June 06, 2023 | 10:37 pm

COIN

SOLUSD

CNBC Mad Money host Jim Cramer criticized crypto exchanges Coinbase Global Inc (NASDAQ:COIN) and Binance, calling the situation a 'massive fraud.' He discussed the regulatory scrutiny these platforms are under and the potential impact on the broader crypto ecosystem, including specific cryptocurrencies like Solana (CRYPTO: SOL).

Portfolio Pulse from Michael Cohen

June 06, 2023 | 10:01 pm

MDU

MDU Resources subsidiary has secured regulatory approval to serve a large data center electric load, enabling the company to expand its services and potentially increase revenues.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 9:42 pm

AGR

The Maine Public Utilities Commission has unanimously approved Central Maine Power's multi-year rate plan, as announced by Avangrid (AGR).

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 9:41 pm

BNBUSD

The U.S. Securities and Exchange Commission (SEC) is seeking a temporary restraining order to freeze Binance US's assets as part of its lawsuit against the cryptocurrency exchange. The order requires transferring customer crypto assets to new wallets with unique private keys within 30 days and entrusting customer assets from its staking-as-a-service program to third-party custodians BitGO and Aegis.

Portfolio Pulse from Jose Rodrigo Safdiye

June 06, 2023 | 8:54 pm

VWE

Vintage Wine Estates has filed a prospectus with the SEC for an offering of 8.7 million shares of common stock from time to time by selling securityholders.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 8:38 pm

JNJ

JNJ's Anssen has submitted a supplemental Biologics License Application to the U.S. FDA, seeking approval for CARVYKTI to treat patients with relapsed or refractory multiple myeloma at an earlier stage.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 8:32 pm

LEGN

Legend Biotech has submitted a supplemental application to the FDA for the expanded use of CARVYKTI, a cancer treatment drug.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 8:31 pm

BTCUSD

ETHUSD

The SEC is seeking a temporary restraining order to freeze Binance U.S. assets due to regulatory concerns. This may impact the cryptocurrency market and related assets.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 8:30 pm