In The War Between Crypto Companies And Regulators, Everyone Loses
Order has been restored after the latest clash between the American Securities and Exchange Committee (SEC) and Coinbase, the largest cryptocurrency exchange platform in the USA. This time, the heat was focused on Coinbase’s intention to launch its Lend program, where users of the platform can basically let the company make loans with their digital funds.
U.S. stocks closed sharply lower on Monday ahead of Federal Reserve Chair Jerome Powell's speech at the central banking conference later this week in Jackson Hole.
Shares of Ashford Hospitality Trust (NYSE:AHT) saw some unusual options activity on Tuesday. Following the unusual option alert, the stock price moved down to $2.88.