News with the tag "Stocks"

A strong labor market means that Fed rate cuts are less likely, but economic optimism still swept Wall Street. Federal Reserve interest rate cuts might come later than expected, but Wall Street is still optimistic. On Thursday, June 3, the Dow Jones closed higher by 344 points, or 0.77%, while the S...

BitcoinWorld Tokenized Stocks: BounceBit’s Revolutionary Q4 Launch Unlocks New CeDeFi Opportunities The world of decentralized finance is constantly evolving, and a groundbreaking announcement from BounceBit is set to redefine how we interact with traditional assets. Get ready, because tokenized sto...

Ric Edelman, the founder of Edelman Financial Engines, which is a $300 billion investment advisory firm, made recent interesting comments with his latest recommendation on crypto. In a new whitepaper published through the Digital Assets Council of Financial Professionals (DACFP), Edelman issued a di...

DeFi Development Corp. priced a $112.5 million private offering of convertible senior notes due 2030, primarily to acquire solana ( SOL) tokens. $112.5M Offering Prices for DeFi Dev Corp. Convertible Notes The 5.5% notes, sold to qualified institutional buyers, carry an initial conversion price of $...

Fintech firm Robinhood is taking the crypto industry by storm. On June 30, Robinhood announced a number of game-changing products and services for users in the United States and the European Union. Vlad Tenev, CEO and chairman of Robinhood, announced at Robinhood Presents: To Catch a Token event in ...

Major U.S. stock indices were mixed, while Tesla losses dragged down the S&P 500 and the Nasdaq’s performance. U.S. stocks were mixed after President Trump’s budget bill passed the U.S. Senate. On Tuesday, June 1, Dow Jones was up 340 points or 0.77%. At the same time, the S&P 500 retreated from its...

The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite opened mixed on Tuesday, July 1, with the third quarter of 2025 having a slow start amid jitters around President Donald Trump’s budget bill and looming tariffs deadline. Dow Jones Industrial was 75 points up, while the S&P 500 and Nasda...

Backed Finance has announced the launch of xStocks, a new platform offering over 60 tokenized stocks, now live on Bybit, Kraken, and Solana DeFi. This initiative aims to bridge the gap between traditional finance and decentralized finance (DeFi), allowing users to trade well-known equities such as A...

BitcoinWorld Tokenized Stocks Unleash a New Era: Backed Finance Brings Traditional Equities to Crypto Exchanges A truly transformative moment is unfolding at the intersection of traditional finance and the crypto world. Backed Finance has just announced a groundbreaking initiative, launching tokeniz...

Markets have continued their bullish momentum after positive signs on trade and Trump’s impending tax cuts. U.S. stock indices are up on positive developments in trade and taxes. On Monday, June 30, Dow Jones was up 171 points or 0.39%, the S&P 500 was up 0.28%, while the tech-heavy Nasdaq was up 0....