Tag: Stock

Bitcoin Taps $66k as Stock Divergence Hints at a BTC Price Rally

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Bitcoin (BTC) rallied toward $66,000 after Tuesday’s gains in the US stock market, as cryptocurrencies sought to halt their 2026 slump.   Key takeaways: Bitcoin rallied above $66,000 on Wednesday, recovering alongside US stocks. Bitcoin Coinbase Premium Index flipped positive amid $258 million in ETF inflows. While BTC’s correlation with stocks and gold is at its weakest since 2022, it historically signalled significant upside upon reversion. BTC/USD hourly chart. Source: Cointelegraph/TradingView BTC price recovers in tandem with US equities Bitcoin’s recovery today aligns closely with similar rebounds in the US…

Anchorage Digital Buys Strategy STRC as Stock Becomes Most-Shorted

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Crypto bank Anchorage Digital said it holds Strategy’s perpetual preferred security STRC on its balance sheet, adding an institutional backer to Michael Saylor’s Bitcoin treasury company at a time when Wall Street traders are increasingly betting against it. In a Wednesday post on X, Anchorage co-founder and CEO Nathan McCauley said the purchase shows alignment between two companies built around Bitcoin (BTC) infrastructure and corporate treasury adoption. “Conviction compounds. Institutions don’t just talk about Bitcoin, they structure around it,” McCauley wrote. “When the company that operationalizes Bitcoin infrastructure puts capital…

Stripe Eyes PayPal Acquisition as Stock Hits Multi-Year Low

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Payment processing firm Stripe is reportedly considering an acquisition of all or parts of its rival PayPal Holdings. Stripe is in early talks and has expressed preliminary interest in PayPal or parts of its business, though no deal is guaranteed, Bloomberg reported on Tuesday, citing people familiar with the matter. It comes as Stripe, which enables enterprises to accept payments, make payouts, and automate financial processes, said on Tuesday that it was valued at $159 billion in a tender offer to shareholders and employees, a 74% jump from a year…

Coinbase Opens Commission-Free Stock and ETF Trading to All US Users

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Coinbase has opened stock and exchange-traded fund trading to all US users, allowing customers to buy and sell equities alongside crypto within the same app on a 24/5 basis. The rollout includes commission-free trading, fractional shares, and instant funding with USD or USDC.  According to a company post on Tuesday, thousands of stocks are available to trade 24 hours a day, five days a week, with approximately 6,000 securities currently supported and plans to expand that number in the coming weeks. Coinbase said it aims to introduce stock perpetual futures…

Coinbase launches full stock trading access for US users

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Coinbase has rolled out stock trading to all eligible users in the US, allowing customers to buy and sell US stocks and ETFs alongside crypto in a single account. The expansion enables 24/5 trading on thousands of equities with zero commission through Coinbase Capital Markets. Users can fund trades with USD or USDC and purchase fractional shares starting at one dollar. As part of the launch, Coinbase has partnered with Yahoo Finance to streamline asset discovery and execution. The integration allows users to move from researching an asset on Yahoo…

Citrini’s AI Doom Report Leads to Tech Stock Selloff

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A new report by Citrini Research has been partially blamed for a software and payments stock sell-off on Monday, where it outlined extreme scenarios in which AI could severely disrupt the economy, from wiping out a sizable share of the workforce and slashing consumer spending to threatening the $13 trillion US mortgage market. Citrini was little-known up until Monday, when its “Global Intelligence Crisis” report amassed over 22 million views on X alone, discussing how AI agents could drive corporate profits so high that human labor could become increasingly redundant…

Wall Street Adds BMNR Stock; DeFi Lenders Are Pressured by Illiquidity

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Large institutional investors continued to add exposure to crypto treasury companies over the past week, even as bear-market illiquidity forced another round of shakeouts across decentralized finance (DeFi). The biggest corporate shareholders of Bitmine Immersion Technologies, including Morgan Stanley and Bank of America, increased exposure to the Ether (ETH) treasury company during Q4 2025 despite a broader market sell-off. Still, ongoing bear-market illiquidity is forcing some protocols to wind down operations, with DeFi lender ZeroLend shutting down. Crypto analytics platform Parsec has also shuttered, citing crypto market volatility as the…

Kraken xStocks Surpasses $25B in Tokenized Stock Volume

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Kraken’s tokenized equities platform, xStocks, has surpassed $25 billion in total transaction volume less than eight months after launch, underscoring accelerating adoption as tokenization gains traction among mainstream investors. Kraken disclosed Thursday that the $25 billion figure includes trading across centralized exchanges and decentralized exchanges, as well as minting and redemption activity. The milestone represents a 150% increase since November, when xStocks first crossed $10 billion in cumulative transaction volume. The xStocks tokens are issued by Backed Finance, a regulated asset provider that creates 1:1 backed tokenized representations of publicly traded…

Trading Platform eToro Q4 Earnings Sends Stock Surging

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Trading platform eToro jumped more than 20% after reporting better-than-expected fourth-quarter earnings, with revenue coming mainly from its crypto services. The company reported on Tuesday that its Q4 net income increased 16% from a year ago to $68.7 million, with earnings per share of 71 cents, compared with analyst expectations of 60 cents. Fourth-quarter revenue came in at $3.87 billion, down 40% from the prior-year period, with crypto revenue accounting for the bulk of earnings at $3.59 billion. The earnings beat bucked eToro’s main crypto rivals, Coinbase and Robinhood, whose…

Amazon faces historic stock decline, losing $450B amid AI spending concerns

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Stock nears longest losing streak since 1997 as investors question AI spending returns. Amazon, the e-commerce and cloud computing giant, has shed roughly $450 billion in market value since early February during a losing streak that could match the company’s longest run of daily declines on record. Should the stock close lower, it would mark a tenth consecutive negative session, matching a streak last seen in 1997. The selloff has erased about 18% from the company’s valuation since Feb. 2. The downturn stems from investor unease over Amazon’s plan to…