USDe Market Cap Rises After Spot Ethereum ETF Approval

24.05.2024
Ethena's synthetic dollar cryptocurrency, USDe, saw a significant increase in market capitalization, reaching $2.66 billion following the U.S. Securities and Exchange Commission (SEC) approval of spot Ethereum (ETH) exchange-traded funds (ETFs), which fueled interest in...
Read more

Bitcoin Loses 2%, But It’s Just a Correction

24.05.2024
The price of Bitcoin (BTC) fell by 2.12% following the approval of the spot Ethereum ETF, catching traders by surprise. Earlier in the week, the cryptocurrency had increased by 9%, reaching $72,000, before falling to...
Read more

Coca-Cola Consolidated Utilizes Bonds for Stock Buyback

22.05.2024
Coca-Cola Consolidated Inc. raised $1.2 billion in the high-grade bond market on Tuesday to buy back its shares. The company issued bonds in two parts, with the longest portion, a $500 million 10-year security, offering...
Read more

Bitcoin Approaching Record High

22.05.2024
"The price of Bitcoin reached $71,926, which is only 2.5% below its all-time high," was reported in the financial markets on May 21. Investor attention is riveted on the potential upcoming approval of a U.S....
Read more

Foreign Buyers Actively Purchase Chinese Stocks Amid Housing Market Support

20.05.2024
On Friday, foreign investors heavily purchased Chinese stocks after Xi Jinping’s government announced new measures to support the housing market. Transactions through connections with Hong Kong amounted to 14 billion yuan ($1.9 billion), marking the...
Read more