Latest Market News

Jan 09
Crypto regulation concerns make decentralized stablecoins attractive to DeFi investors

Stablecoins have emerged as a foundational part of the cryptocurrency ecosystem over the past couple of years due to their ability to provide crypto traders with an offramp during times of volatility and their widespread integration with decentralized finance (DeFi). These are necessary for the health of the ecosystem as a whole.  Currently, Tether (USDT) […]

Jan 09
PayPal reportedly confirms plans to explore the launch of a stablecoin

The development of an in-house stablecoin was first discovered in the source code of Paypal’s iPhone app by developer Steve Moser. 11178 Total views 112 Total shares American fintech giant PayPal Holdings has reportedly confirmed its intent to launch its own stablecoin named PayPal Coin. The development of an in-house stablecoin was first discovered in […]

Jan 09
Reddit chooses bankers ahead of potential March IPO: report

Reddit chooses bankers ahead of potential March IPO: report – MarketWatch Skip to main content Advertisement Home Latest News Watchlist Market Data Center U.S. Cryptocurrency Europe Rates Asia Futures Currencies Markets U.S. Markets Canada Europe & Middle East Asia Emerging Markets Latin America Market Data Investing Barron’s Best New Ideas Stocks IPOs Mutual Funds ETFs […]

Jan 09
Bored Ape Yacht Club is a huge mainstream hit, but is Wall Street ready for NFTs?

Within months after its launch in April 2021, Bored Ape Yacht Club (BAYC) has become one of the main reasons Wall Street should take the emerging nonfungible token (NFT) market seriously, thanks to its recent sales turnover of over $1 billion. Celebrities ape into BAYC For the uninitiated, BAYC is a collection of 10,000 cartoons […]

Jan 09
Stitch Fix shares soar 12% after share buyback program announced

Stitch Fix Inc. SFIX, -2.16% stock soared 12% in Thursday trading after the online personal styling service announced a $150 million share buyback program. “This share repurchase program reflects the confidence we have in our strategy, unique value proposition and the growth potential ahead for Stitch Fix, which we believe is not reflected in the […]

Jan 09
Gold sinks 2% Thursday in bullion's first settlement after Fed minutes

Gold futures ended sharply lower Thursday, marking the sharpest daily slump for the precious metal in over six weeks, a day after minutes from the Federal Reserve’s December gathering showed that officials thought rate increases could come sooner and possibly at a faster pace then they previously expected as inflation runs hot. Inflation is usually […]