STOCKS
Binance Direct Stocks Hit $1B Volume in 30 Days
Binance's Direct Stocks feature reaches $1 billion in trading volume within 30 days of launch, disrupting equities trading with crypto integration.
Coinbase Adds ACATS Stock Transfers, Expands Beyond Crypto
Coinbase now enables U.S. users to transfer stock portfolios via ACATS, broadening its offerings to compete with traditional brokerages like Robinhood.
Binance Adds U.S. Stocks and ETFs with Zero Commission
Binance expands into equities, offering 7,000 U.S. stocks and ETFs with zero commission. Learn about the platform's 24/5 trading and tokenized equities plans.
Michael Burry's Short Bet Against the AI Market: A Cautionary Tale Amid Tech Hype
Michael Burry bets $1.1 billion against AI stocks, warning of a market bubble inflated by hype and accounting tricks, urging caution for tech investors.
Federal Reserve's 2024 Interest Rate Pause: A Boost for Cryptocurrencies and Stocks
The US Federal Reserve's decision to pause interest rates in 2024 signals a positive shift for cryptocurrencies and stocks, with significant gains in the market and a rally in the S&P 500.
Twitter to Add Cryptocurrency Trading
Twitter is partnering with fintech firm eToro to offer a new feature allowing users to trade cryptocurrencies and stocks. The feature will be accessed via a "view on eToro" tab, taking users to eToro's trading platform. This is the first major deal for Twitter since Elon Musk took over as CEO.
Ark Invest continues to buy Coinbase shares
Ark Invest has invested roughly $30 million on Coinbase stock in 2023 while selling Grayscale Bitcoin Trust.
Silvergate Capital Corp. is the second-most-shorted stock
Silvergate Capital Corp., a crypto bank, has seen its shares fall 87% in the last year, but speculators believe it has further downside.
Tesla's $140 Million Bitcoin Loss Shows the Risk of Crypto Holdings
Q1 2021 Tesla spent $1.5 billion on Bitcoin.
Silvergate Bank Suspends Dividend Payments to Preserve Liquidity
Silvergate's board "shall re-evaluate the payment of quarterly dividends as market circumstances change."
Argo Blockchain regains stock listing compliance with Nasdaq
Nasdaq relisted bitcoin mining company Argo. Nasdaq's listing standards demand a minimum closing bid price of $1 for 30 consecutive working days, which the firm did not meet. After Nasdaq notified ARBK about noncompliance in December, shares recovered.
Interview with Noble Gold Investments CEO: Gold as Hedge Tool against Inflation?
Exclusive: Blockchain.News recently had a conversation with Collin Plume, the President and CEO of Noble Gold Investments, regarding whether gold could be a safe haven investment that investors should rely on during turmoil times.
FDIC Says Deposits and Cryptos at Non-Bank Entities Are Uninsured
The FDIC said that the public should be aware that deposit insurance does not cover non-bank entities and non-deposit products, including speculative acts such as stocks and cryptocurrencies.
Federal Reserve Hikes Interest Rates with a 75-Bp Increase, Bitcoin Remains Bearish
US Federal Reserve has once again raised key interest rates by 75 basis points in an effort to normalize its monetary policies. Crypto markets have reacted following the announcements.
