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Bitcoin’s outperformance relative to smaller cryptocurrencies is widening. An index that tracks so-called altcoins is down about 40% year-to-date, while Bitcoin is up 18% so far in 2025. A group of 12 US Bitcoin exchange-traded funds have drawn strong inflows, with investors pouring in about $4.2 billion so far in May. In options markets, traders…
News aggregator DailyHunt’s parent company VerSe is set to lay off 350 employees in what the company called a ‘strategic transformation’ to overhaul its working methods. In a press release on late Saturday, VerSe said that it will streamline approximately 350 roles within the company. The layoffs will be made in May, it said. “To…
The yield on the benchmark Treasury 10-year note rose almost one-half percentage point this past week to 4.49% in often chaotic trading that former Treasury Secretary Larry Summers likened to an occurrence in an emerging market country. The 30-year Treasury came close to 5% on Friday before pulling back to a 4.9% yield. The sharp…