Tag: Stock

Circle Stock Surges As Bernstein Sees Upside From Stablecoins

admin

Circle Internet Financial is among Wall Street’s best-performing stocks so far in 2026, and analysts at Bernstein believe the rally could continue as stablecoin adoption accelerates. In a recent note to clients, Bernstein reiterated its “Outperform” rating on CRCL stock and set a $190 price target, which typically reflects analysts’ expectations for a stock over the next 12 months. Despite a volatile end to 2025, Circle shares appear to have decoupled from the broader cryptocurrency market, which has been under pressure since October following a major leveraged liquidation event. Since…

US Lawmakers Probe Trump-Linked Firm Over Chinese IPO Stock Scams

admin

US lawmakers have launched an investigation into several Wall Street underwriters, including Dominari Securities, whose parent company is linked to the Trump family, over their role in bringing Chinese companies to US stock markets that were later tied to stock manipulation schemes. On Monday, the House of Representatives Select Committee on China, chaired by Representative John Moolenaar with Rep. Ro Khanna as ranking member, sent letters to three US companies — D. Boral Capital, Dominari Securities and Revere Securities — seeking information about Chinese initial public offerings (IPOs) they helped…

Trump-backed American Bitcoin insider buys 68,000 ABTC shares in fresh stock purchase

admin

Richard Busch, a board member at American Bitcoin (ABTC), acquired 68,000 shares of the Nasdaq-listed Bitcoin mining company at an average price of $1.15, a transaction valued at $78,200, according to a new SEC filing. With the latest purchase, Busch now holds approximately 1.4 million ABTC shares, valued at about $1.5 million based on Monday’s closing price. The stock has fallen 35% year to date amid volatility across crypto-related equities, per Yahoo Finance. The purchase signals continued insider confidence in the Trump family-backed firm as it pursues aggressive Bitcoin accumulation…

How Much Bitcoin Can Michael Saylor Buy via Strategy’s STRC Stock?

admin

Michael Saylor’s Strategy may purchase more Bitcoin (BTC) in the coming weeks through the proceeds from its STRC stock sales. Key takeaways: What is STRC stock? Michael Saylor’s Strategy (MSTR) owns about $50 billion in Bitcoin, the highest by any public company on record. Stretch (STRC) is Strategy’s income-focused preferred stock launched in July 2025 to raise capital for its Bitcoin accumulation strategy. In its IPO, the company raised about $2.521 billion gross and $2.474 billion net. It then used those proceeds to acquire 21,021 BTC at an average price…

Kraken rolls out xChange engine to power tokenized stock markets

admin

Kraken’s tokenized equities platform xStocks has launched xChange, an onchain trading engine designed to facilitate trading of tokenized stocks across the Ethereum and Solana networks. According to the company, the system supports trading of more than 70 tokenized equities backed 1:1 by underlying shares held in custody, with prices intended to track the corresponding public market stocks. The launch adds new trading infrastructure for tokenized equities, part of the broader tokenized real-world asset market that aims to bring traditional financial instruments such as stocks onto blockchain-based trading systems. Kraken launched…

Berkshire Hathaway resumes buybacks for first time since 2024 as CEO Greg Abel also buys stock

admin

Berkshire Hathaway has resumed repurchasing its own shares for the first time since the second quarter of 2024, according to a new regulatory filing that signals the conglomerate again sees its stock trading below intrinsic value. The company disclosed it began buying back Class A and Class B shares on March 4 under its long standing repurchase policy, which allows Berkshire to buy stock whenever management believes the market price is below its conservatively estimated intrinsic value. The move comes as Berkshire sits on roughly $373.3 billion in cash and…

NYSE Owner ICE Invests In OKX At $25B To Expand Tokenized Stock Trading

admin

Intercontinental Exchange will take a board seat at OKX and plans to bring NYSE-listed tokenized stocks and derivatives to the crypto exchange’s users in 2026. Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), has invested in crypto exchange OKX at a $25 billion valuation and will take a seat on the company’s board, according to a Thursday announcement. ICE has invested an undisclosed amount in OKX as part of its push into blockchain technology and tokenized stocks, the announcement states. OKX will provide ICE with a…

Korean stock market plunges 12% in historic one-day crash

admin

South Korea’s KOSPI plunged 12% on Wednesday in its largest single-day drop on record, wiping out roughly $625 billion in market value as geopolitical tensions and margin calls triggered a broad market selloff. The benchmark index, which tracks major companies listed on the Korea Exchange, closed near 5,093.54 points after trading was halted for 20 minutes when circuit breakers were triggered at the 8% decline threshold. Major technology companies led the losses. Samsung Electronics fell 11.7%, while memory chipmaker SK Hynix dropped 9.6% during the session. The sharp decline capped…

MEXC Expands Tokenized Stock Listings Through Ondo Finance Partnership

admin

Crypto exchange MEXC has expanded its tokenized equities offering through its partnership with Ondo Finance, listing new onchain representations of US stocks that trade against Tether on its platform. According to company announcements this week, the expansion includes 17 newly listed tokenized stock pairs and seven additional tokens tied to US defense and energy companies. The tokens are issued as ERC-20 assets on Ethereum and trade against Tether (USDT) pairs on the exchange. The underlying shares are held in regulated trust accounts and subject to quarterly third-party audits, with the…

ARK Invest loads up Robinhood stock ahead of its “Take Flight” event

admin

ARK Invest, Cathie Wood’s investment firm focused on disruptive technology sectors, acquired 158,587 shares of Robinhood (HOOD) on Tuesday ahead of the brokerage’s “Take Flight” event scheduled to take place tomorrow at 7:30 PM ET. Apart from HOOD, ARK Invest also accumulated shares of Coinbase, CoreWeave, Tesla, and Alibaba. Take Flight is Robinhood’s flagship event, concentrated on the company’s next phase of growth and product expansion. It will be held live at the TWA Hotel at JFK Airport and feature keynotes from Robinhood CEO Vlad Tenev as well as other…