Bullish Shares Jump as Citi, Canaccord Praise IPO Debut and BitLicense Win

Wall Street bank Citi (C) has raised its price target on Bullish (BLSH), the owner of CoinDesk, to $70 from $66 after the crypto exchange’s second quarter results came in slightly ahead of expectations. The long-anticipated NYDFS BitLicense approval removes a key regulatory overhang, strengthening investor confidence heading into...
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DeFi TVL Rebounds to $170B, Erasing Terra-Era Bear Market Losses

The total amount of capital locked on decentralized finance (DeFi) protocols hit $170 billion on Thursday, a landmark figure as now all of the the losses from the 2022 Terra/LUNA ecosystem collapse and subsequent bear market have been erased. While Ethereum still commands the lion’s share of capital at...
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Nvidia to Invest $5B in Intel and Develop Data Centers, PCs; AI Tokens Climb

Nvidia (NVDA), the world’s largest public company by market cap, said it will invest $5 billion in Intel (INTC) and work with the chipmaker on developing custom data-center and PC products as artificial intelligence becomes more pervasive. AI crypto tokens rose on the news. The Santa Clara, California-based maker...
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REX-Osprey debuts first U.S. spot Dogecoin and XRP ETFs

REX-Osprey’s dual launch pushes beyond Bitcoin and Ethereum. The investment firm has introduced the first U.S.-listed ETFs offering direct spot exposure to Dogecoin and XRP, expanding institutional access to two major yet divergent crypto assets. On September 18, REX-Osprey, the…...
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S&P 500 surges as Nvidia bets big on Intel

U.S. stocks edged up on Thursday morning as Nvidia bet on Intel, with the S&P 500 extending gains above 6,600. Wall Street held onto the upbeat sentiment that followed the Federal Reserve’s signal of further interest-rate cuts. The benchmark S&P…...
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