Bullish demonstrated a strong turnaround in profitability amid its institutional expansion. Yet its shares saw a correction, dropping 3.5% to $36.42 on the same day.
U.S. crypto stocks are beginning to find stability as the crypto market transitions into a calm phase after a long period of volatility. The pre-market trading hours of the U.S. saw crypto stock prices generally begin to rise. Leading the…
Financial analyst Jordi Visser’s Substack essay “Bitcoin’s Silent IPO” argues that Bitcoin’s sideways trend mirrors an IPO phase, what does it mean? What is “Bitcoin’s silent IPO?” Before bringing up the Bitcoin IPO concept, Visser states that the market sentiment…
Gemini reportedly saw a 52% jump in quarterly revenue following a surge in trading activity and the introduction of new financial products. However, its shares have continued to fall. According to the company’s letter to shareholders, the crypto exchange’s net…
A wave of selling rippled through U. S. pre-market trading today as cryptocurrency-linked stocks took a hit. The U. S. pre-market session started with notable declines among key cryptocurrency-related stocks.
Cathie Wood’s Ark Invest has increased its stake in Bullish, purchasing $12 million in shares as the crypto exchange continues to expand its U.S. trading operations. Cathie Wood’s Ark Invest purchased approximately $12 million worth of Bullish shares on Monday,…