Finance News Archives

“Going Vertical”: Coinbase Closes at Record High Despite Analyst Uncertainty

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Coinbase Global Inc. (COIN) ended Thursday’s trading session at a new all-time closing high of $369.21, sparking excitement among investors and mixed reactions from analysts. Key Takeaways: TikTok has denied accusations that its owners are buying Trump’s official memecoin. Representative Brad Sherman claimed a $300M Trump Coin purchase tied to TikTok, citing GD Culture Group. […]

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Tony G Buys 8K in Hyperliquid Tokens—Is $HYPE the Next Sol Strategies Play?

Tony G Buys $438K in Hyperliquid Tokens—Is $HYPE the Next Sol Strategies Play?

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Tony G Co-Investment Holdings confirmed that it purchased 10,387 $HYPE tokens, the native asset of the Hyperliquid ecosystem, for just over $438,000. This is the company’s largest investment in decentralized finance so far. We’re the first public company to add $HYPE to its treasury. Just the beginning. Hyperliquid. $TONY on CSE (Canada)$BGRDF on OTC (USA)

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Trump vs Musk: Crypto Market Turns Red, Tesla Closes 14% Lower

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A public fallout between Donald Trump and Elon Musk has rattled financial markets, sending Tesla stock tumbling and dragging the crypto sector into a broad risk-off retreat. The rift came to a head on June 5 during a White House meeting with the German chancellor, where Trump voiced his displeasure with Musk, who until recently

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Rich Dad Poor Dad Author Slams Stocks and ETFs, Bets on Silver With 3X Gains Potential in 2025

Leave a Comment / Bitcoin, Finance News, gold, silver / best time

Robert Kiyosaki, author of the best-selling Rich Dad Poor Dad series, is warning that a historic market crash is on the horizon, and he’s betting big on silver as the standout opportunity of 2025. Key Takeaways: Robert Kiyosaki warns of a historic market crash and predicts a rush into gold, silver, and Bitcoin. He believes

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Circle Hikes IPO to 6M as BlackRock Demand Soars, Valuation Could Top B

Circle Hikes IPO to $896M as BlackRock Demand Soars, Valuation Could Top $6B

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Key Takeaways: Circle and its shareholders increased the IPO offering to 32 million shares, targeting up to $896 million from the previous $624 million goal. Revised share pricing suggests strong investor demand, with BlackRock and Ark Invest among expected buyers. Circle has secured in-principle regulatory approval in Abu Dhabi and partnered with Hub71 to support

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Hidden Road Opens First OTC Crypto Swaps to U.S. Institutions After .25B Ripple Deal

Hidden Road Opens First OTC Crypto Swaps to U.S. Institutions After $1.25B Ripple Deal

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Key Takeaways: Ripple-owned prime broker Hidden Road has launched an OTC crypto swaps product. Hidden Road is among the first brokers to offer such swaps to U.S. institutions. Institutional OTC volumes grew 106% in 2023, reflecting the broader adoption of over-the-counter crypto trading solutions. On May 28, Ripple’s newly acquired prime broker, Hidden Road, announced

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Tesla Shares Rise After Elon Musk Exits DOGE Role

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Key Takeaways: Tesla shares rose over 2.15% after Musk confirmed his exit from the DOGE role. Investors welcomed the news, viewing it as a sign of Musk refocusing on Tesla. Musk criticized federal inefficiencies and plans to scale back political involvement. Tesla shares surged over 2.15% in overnight trading to $364 after CEO Elon Musk

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US Court Blocks Trump’s Tariffs, Arthur Hayes Says ‘Buy Everything’

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President Trump’s “Liberation Day” tariffs have been struck down by the US Court of International Trade, which ruled the sweeping trade measures illegal and outside the president’s authority. The Trump administration immediately filed a notice that it was appealing the ruling. On Wednesday, the court in Manhattan ruled in favor of Democratic-led states and a

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BlackRock to Buy Stake in Circle Internet Ahead of IPO: Bloomberg Report

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BlackRock Inc. is reportedly planning to purchase around 10% of the shares offered in Circle Internet Group Inc.’s upcoming initial public offering (IPO), according to a Bloomberg report on May 28. According to Bloomberg, BlackRock plans to purchase approximately 10% of the shares offered in Circle Internet Group’s proposed IPO. A filing with the U.S.

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Telegram Bond Sale Lures BlackRock, Citadel Into .5B High-Yield Bet – Despite CEO Probe

Telegram Bond Sale Lures BlackRock, Citadel Into $1.5B High-Yield Bet – Despite CEO Probe

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Key Takeaways: Telegram is raising $1.5 billion through a bond sale, with backing from BlackRock, Citadel, and Mubadala. CEO Pavel Durov is under investigation in France and remains unable to travel. The proceeds will go toward repurchasing 2021 bonds, with the new debt offering a 9% yield and potential equity conversion. Telegram is proceeding with

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