UBS lowers CME Group stock price target on weaker volumes

UBS lowers CME Group stock price target on weaker volumes

UBS lowers CME Group stock price target on weaker volumes
Stripe is bidding to overturn the dominance of Tether and Circle via the launch of Open USD, a new stablecoin backed by 150 companies including major banks, amid growing friction with Circle generated by the payment company’s burgeoning digital assets business. The new dollar-backed stablecoin is set to launch later this year under the auspices…
ZIM stock tumbles after Israeli officials oppose Hapag-Lloyd sale
Wavespace, a Bitcoin neobank serving the Eurozone, has announced MiCA compliance of its ‘self-custodial’ debit card. The young fintech company is at the cutting edge of Bitcoin payments technology in Europe, with support for the Lightning Network, and auto DCA to self-custody. Debit cards in the Bitcoin and broader crypto industry have traditionally worked by…
The Ethereum Foundation has laid out new security standards for crypto wallets designed to make transaction approvals much clearer for users and protect them from common phishing attacks. The initiative introduces ‘clear signing,’ a system that replaces confusing hexadecimal code with human-readable summaries of what a transaction actually does before a user approves it. The…
The Swiss Franc (CHF) pares recent gains against the US Dollar (USD) on Monday, as fresh frictions in the Middle East are dampening investors’ appetite for risk in an otherwise calm market session. The USD/CHF pair’s rebound from two-and-a-half-week lows near 0.8000 has extended beyond 0.8050, aiming for the 0.8070 area. Comments from Iranian authorities…
The CLARITY Act’s two biggest obstacles are moving in opposite directions this week. Law enforcement opposition is softening, while the ethics fight over crypto conflicts of interest is sharpening. Before this week, forecasters and prediction markets already had CLARITY at a coin flip of becoming law in 2026. The core blockers were floor time, an…