USDC And Bitcoin Lead $850 Million Exchange Outflow Wave
Centralized exchanges reportedly saw notable 24-hour withdrawals led by USDC and Bitcoin as traders moved funds off platforms.
Standard Chartered Backs Morpho, Then Robinhood Puts It to Work
Morpho received two major institutional endorsements in a single day after Standard Chartered initiated coverage of the DeFi lending protocol and Robinhood unveiled a new Crypto Earn product powered by Morpho’s infrastructure. The back-to-back developments strengthen Morpho’s position as one of the fastest-growing decentralized lending platforms competing…
Nike Stock Hits a 12-Year Low as an Earnings Loophole Masks Weak Sales
Nike (NKE) stock slid about 1% on Wednesday, briefly trading at $40, its lowest level in about 12 years. The fall came despite an earnings beat, because most of the profit came from a one-time tariff refund. That refund flattered the headline number and did nothing to fix Nike’s shrinking sales. Wall Street responded by
Preferred Stock Is Becoming Bitcoin Treasury Firms’ Financing Tool of Choice: Report
Bitcoin Magazine Preferred Stock Is Becoming Bitcoin Treasury Firms’ Financing Tool of Choice: Report Bitcoin-backed preferred shares — led by Strategy and emerging players like Strive—have grown into a roughly $13B market by offering high-yield. This post Preferred Stock Is Becoming Bitcoin Treasury Firms’ Financing Tool of Choice: Report first appeared on…
US Spot Bitcoin ETFs See Record $4.5 Billion June Outflows
US spot Bitcoin ETFs reportedly saw their worst monthly net outflows in June as institutional flows cooled and Bitcoin’s price fell.
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