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Wall Street’s top regulator is confronting some of the biggest names in crypto over their alleged violations of US securities laws, in a regulatory crackdown that is already roiling the digital asset industry. On Tuesday, the US Securities and Exchange Commission sued Coinbase, America’s largest crypto exchange, for allegedly acting…

Despite a new round of regulatory FUD (fear, uncertainty and doubt) from the US Securities and Exchange Commission (SEC) in wake of their just-announced lawsuit against Coinbase, crypto prices are rising again.Bitcoin (BTC), Ether (ETH) and a number of meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) were all…

Investment Thesis Lennar Corporation (NYSE:LEN) is a cyclical company. During the latest Housing Starts cycle from 2005 to 2022 (peak-to-peak), its revenue grew at 4.8 % CAGR. But this was due to a combination of 2.1% CAGR in Deliveries while unit selling price grew at 2.5% CAGR. Part of the…

The US Securities and Exchange Commission has taken aim at a broad swath of the cryptocurrency market, launching a pair of lawsuits against exchanges that together account for half of global trading in digital assets. The financial regulator on Tuesday sued Coinbase, the San Francisco-based exchange group, alleging it violated…

The pharmaceutical company Merck sued the US government Tuesday over a law passed last year that empowers Medicare to negotiate prices of certain medications. Merck claims that the provision, included in the Inflation Reduction Act, is unconstitutional and threatens to stifle the industry’s future investments in cancer treatments and other…

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