Bullish (NYSE:BLSH) stock surged by over 80% following its IPO listing on Wednesday. While the listing was priced at $37 per share, the stock closed at about $68 per share. Bullish is a cryptocurrency exchange designed for institutional investors, combining decentralized finance protocols with a focus on regulatory compliance, licensing, and governance standards. While the company’s positioning is unique,
At the core of Tesla’s artificial intelligence (AI) vision is a homegrown supercomputer called Dojo.
» Read more about: Tesla CEO Elon Musk Just Delivered Incredible News for Nvidia Stock Investors »
Bullish, a Cayman Islands-based cryptocurrency exchange, launched its stock, BLSH, in an initial public offering on Aug.
» Read more about: Cathie Wood’s Ark Invest Buys $172M in Bullish Shares »
US spot Ether exchange-traded funds (ETFs) printed the second-largest daily inflows on record as the cryptocurrency approached all-time high prices.
Ether (ETH) funds saw $729 million of inflows on Wednesday as ETH surged past $4,700 for the first time since November 2021, according to data from SoSoValue.
» Read more about: US spot Ether ETFs see 2nd-biggest inflows on record as ETH nears new high »
Ethereum spot exchange-traded funds (ETFs) are quickly becoming a central focus for institutional investors, with August 12 marking one of the strongest single-day inflow performances since their debut. According to market data from SoSoValue, these ETFs collectively attracted $524 million in net inflows in a single session, highlighting a growing appetite among large-scale investors for the second-largest cryptocurrency by market capitalization.
» Read more about: Ethereum Spot ETFs See $524M Inflows as Institutional Interest Intensifies »
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The benchmark saw fresh new highs after the release of cooler-than-expected inflation data for July.
At the moment, the odds we’ll see a sizable rate cut are now up to 93.3%,
» Read more about: Nasdaq Composite Live: Interest Rate Cut Odds Now up to 97.8% »
As part of its efforts to crack down on fraud and wasteful spending, the Social Security Administration (SSA) recently announced new security measures for beneficiaries to access benefits. Much like multi-factor authentication, which requires you to enter a one-time passcode that you receive from another device, the new SSA process would involve using a PIN to gain access to essential services — and an office visit for those who could not complete it.
» Read more about: How This New Security Feature Could Affect Your Social Security Check »
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Stocks closed higher Wednesday as rising hopes for a September rate cut continued to lift sentiment, though the latest batch of earnings reports had two of the three main indexes finishing well off their season highs.
Another red-hot initial public offering (IPO) also kept Wall Street engaged today, with Peter Thiel-backed Bullish (BLSH) nearly doubling in its market debut.
» Read more about: Dow Jones Adds 463 Points as Rate-Cut Odds Rise: Stock Market Today »
Strategist’s recommended trade has been performing well since June.
by Bernard Goyder
The slow and steady march higher in the US stock market has been a painful ride for traders expecting President Donald Trump’s tariffs to derail a rally that’s lasted for more than four months.
» Read more about: UBS recommends options pair trade to ride S&P 500's grind higher »