Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends. ... Read full Market Summary
By Katherine HamiltonGameStop's sales and profit jumped in the second quarter, as its bitcoin holdings reached half a billion dollars.The video game retailer, which is known as the original meme stock, on Tuesday posted a profit of $168.6 million, or 31 cents a share, in the quarter ended in early A…
By Chris WackCaliberCos shares jumped more than 500%, to $13.64, after the company said it has completed its initial purchase of Chainlink tokens.The stock rose as high as $48 a share earlier in the session, and is now up 7% in the past 12 months.The diversified real estate and digital asset managem…
By Nicholas G. MillerForward Industries is receiving $1.65 billion in a private placement from three cryptocurrency firms to begin its digital-asset treasury strategy focused on Solana.The investment is led by Galaxy Digital, Jump Crypto and Multicoin Capital, said the Hauppauge, N.Y.-based company …
HashKey Group will launch its inaugural Digital Asset Treasury (DAT) focused fund with an initial target size of $500 million, the Hong Kong-based virtual asset firm said on Monday.The multi-currency fund's DAT strategy refers to public companies accumulating cryptocurrency assets to capitalise …
By Adam ClarkBitcoin and other major cryptocurrencies were gaining on Monday as traders assess the likely path for the Federal Reserve.Bitcoin was up 0.8% over the past 24 hours to around $112,140 early on Monday. The world's largest cryptocurrency hit a new high of more than $124,000 last month ami…
By Frances YueEric Trump, left, and Donald Trump Jr. pose outside the Nasdaq in Times Square in New York on Aug. 13.Shares of American Bitcoin, a bitcoin mining and treasury company backed by President Donald Trump's two eldest sons, surged as much as 110% on Wednesday before pulling back in its fir…
A bitcoin company tied to President Donald Trump's two oldest sons more than doubled in value in its stock market debut on Wednesday, valuing the sons' stake at well over $1.5 billion as the first family grows their crypto business interests.Shares in American Bitcoin Corp (ABTC.O), a bitcoin mi…
By Adriano MarcheseALT5 Sigma received an indirect investment of $500,000 from Hong Kong-based MOG Digitech Holdings.MOG Digitech said Wednesday the investment was made indirectly through the subscription of membership interest in a fund that participated in the recent offering of ALT5, a blockchain…
Blockchain-based assets which provide exposure to equities could lead to "investor misunderstanding", as they typically do not make the buyer a shareholder in the underlying company, the European Union's securities watchdog said on Monday.So-called tokenised stocks are a type of blockchain-based…
-- Source link: https://tinyurl.com/2xo7xz5h-- Note: Reuters has not verified this story and does not vouch for its accuracy
By Elsa OhlenBitcoin and smaller cryptocurrencies fell sharply over the weekend, erasing the boost they got from Federal Reserve Chair Jerome Powell's remarks on interest rates.The price of the world's largest cryptocurrency was down 2.9% over the past 24 hours to $111,471, according to CoinDesk dat…
A group representing the world's biggest stock exchanges has called on securities regulators to clamp down on so-called tokenised stocks, arguing that the blockchain-based tokens create new risks for investors and could harm market integrity, a letter seen by Reuters shows.Tokenised equities are…