US stocks soar as dollar slips amid Fed cut bets
U.S. stocks rose on Wednesday, with the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite inching higher amid major banks’ earnings and fresh bets on further rate cuts by the Federal Reserve. The Dow Jones Industrial Average…...
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Ark Invest files new Bitcoin ETFs with yield & risk mitigation
Cathie Wood’s Ark Invest filed for several new Bitcoin ETFs, including yield-generating and downside-buffered versions. Cathie Wood’s Ark Invest is doubling down on Bitcoin, filing several ETFs with specialized strategies. On Tuesday, October 14, Ark Invest filed for the Bitcoin…...
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Remixpoint acquires additional 2.9 Bitcoin, holding reaches 1,381.8 BTC
Corporate Bitcoin acquisitions highlight a growing trend of using crypto assets as strategic hedges against inflation and market volatility. The post Remixpoint acquires additional 2.9 Bitcoin, holding reaches 1,381.8 BTC appeared first on Crypto Briefing....
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Stablecoin Boom Nears $300B as New Platforms Push Market Beyond Trading: Artemis
The stablecoin market has undergone a sharp expansion over the past year, with total supply climbing 72% to nearly $300 billion, according to data analytics platform Artemis. Much of that growth has been concentrated on Ethereum and Solana, with the recent launch of Plasma marking a milestone. More than...
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Backpack Expands to SEC-Registered Tokenized Stocks With Superstate Partnership
Crypto exchange Backpack said it is adding SEC-registered U.S. equities to its trading platform with Superstate, the blockchain finance startup led by Compound founder Robert Leshner. Announced on Wednesday, the deal embeds Superstate’s Opening Bell platform into Backpack, allowing non-U.S. users to trade tokenized shares of public companies onchain....
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Crypto Miner Bitdeer Surges 30% as Company Pushes Deeper Into AI and Data Center Expansion
Bitcoin (BTC) mining firm Bitdeer Technologies (BTDR) jumped as much as 30% on Wednesday after announcing new steps to fast-track its expansion into high-performance computing (HPC) and artificial intelligence (AI) infrastructure. The Singapore-based company said it will directly manage development of its own AI data centers rather than rely...
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Benchmark Hikes CompoSecure Price Target to $24 on Arculus Crypto Upgrade
Wall Street broker Benchmark has raised its price target on NYSE-listed CompoSecure (CMPO) to $24 from $17, citing operational momentum, growing M&A optionality, and a key product upgrade from its Arculus crypto wallet unit. The stock was 2.7% higher in early trading, around $21. While investors have been awaiting...
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SoloTex Set to Bring Tokenized Stocks to U.S. Retail Traders With FINRA Green Light
While the recent wave of tokenized stocks has mostly targeted offshore users, a new platform called SoloTex aims to bring equity tokens to U.S. retail traders in a compliant way. Texture Capital, a U.S.-based broker-dealer registered with the SEC and FINRA, said it has received regulatory approval to launch...
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Volatility Shares Files for 5x Leveraged Bitcoin, Ether, and XRP ETFs
Volatility Shares, one of the most aggressive ETF issuers in the crypto space, has filed with U.S. regulators to launch a suite of 5x leveraged exchange-traded funds tracking bitcoin (BTC), ether (ETH), and XRP. The proposed products would amplify daily price moves by five times, meaning it can turn...
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CoinDesk 20 Performance Update: Internet Computer (ICP) Drops 3.5% as Index Declines
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index . The CoinDesk 20 is currently trading at 3775.75, down 0.2% (-9.16) since 4 p.m. ET on Tuesday. Two of 20 assets are trading higher. Leaders: SOL (+1.2%) and XRP...
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