Bitcoin-backed loan refinances PowerCompute’s $18M debt at 2%
Nasdaqlisted PowerCompute refinanced $18 million of debt through a Bitcoinbacked facility carrying an initial interest rate of about 2%. Source:Cointelegraph
Tom Lee's Bitmine bought more ether, added to stock buyback last week
Chairman Tom Lee said ether's outperformance versus the Nasdaq in July signals strengthening crypto fundamentals. Source:CoinDesk
Crypto treasury firm ZeroStack warns of survival risk amid $82.5M loss
The Nasdaqlisted company relies largely on staking rewards to fund operations, while its 0G holdings were valued 91% below their recorded costs.…
SEC to review Nasdaq bitcoin options approval after CME challenge
CME argues that because bitcoin is a commodity, options tied to its value fall under CFTC jurisdiction, not the SEC's authority. Source:CoinDesk
The equal-weighted S&P 500 just smoked the Nasdaq-100 in July — outperforming amid the violent chip-stock unwind
Tech stocks struggled in July. Will the volatility around the AI trade continue in August? Source:MarketWatch
Crypto's resilience tested as oil rises after Iran strikes, Fed signals rates could still rise
Bitcoin held near $64,000 despite the Fed's hawkish split, Iranian ballistic missiles and an 8% surge in oil overnight that sent the Dow down 2.2% and the…
Live updates: Bitcoin holds near $64,000 as Microsoft's AI payoff lifts stocks
S&P 500 futures gained 0.2% and Nasdaq 100 contracts rose 0.4% after the index had slipped into a correction, with Microsoft up 8% in premarket after its cloud…
Ionic Digital jumps 26% in Nasdaq debut, giving Celsius Network claimholders an exit route
The bitcoin miner reached a market valuation of roughly $2.8 billion based on its 44.9 million shares outstanding. Source:CoinDesk
Celsius-linked Bitcoin miner Ionic Digital gains 26% in Nasdaq debut
The Bitcoin miner and AI infrastructure company closed at $62.90, giving it a market capitalization of about $2.8 billion after its direct listing.…
Nasdaq-100 is on the edge of correction territory as semiconductor stocks take another beating
Just weeks after driving major indexes such as the S&P 500 and Nasdaq Composite to record highs, semiconductor stocks are taking a beating once again.…
Bitcoin recovers from Asian session lows; Nasdaq futures remain under pressure
It's a riskoff day. Still, bitcoin is holding better than Nasdaq and Asian equity markets. Source:CoinDesk
Apple reclaims title of world’s largest company after historic stretch of outperformance
Apple’s stock is on track to see its best monthly performance in more than two decades relative to the Nasdaq100. Source:MarketWatch