Hong Kong’s Animoca Brands has plans to list in New York, citing a “unique moment” to tap the world’s largest capital market under the current US regulatory environment. Yat Siu, the firm’s executive chair, told the Financial Times that an announcement could come soon, and that Animoca is examining several shareholding structures. He added that…
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Is WFC Setting Up For A Major Rally?
Wells Fargo & Company (WFC) provides diversified banking, investment, mortgage, consumer & commercial finance products & services in United States & globally. It operates through four segments; Consumer banking & lending, Commercial banking, Corporate & Investment banking & Wealth management. It comes under Financial services sector & trades as “WFC” ticker at NYSE. WFC is…
Coinbase Stock Soars Over 10% on Imminent S&P 500 Debut
Coinbase shares jumped more than 10% in after-hours trading on Monday following confirmation that the exchange will join the S&P 500 Index next week. S&P Dow Jones Indices said Coinbase will replace Discover Financial Services ahead of trading on May 19. The milestone comes as Coinbase marks over three years since its direct listing on…
Elliott Wave Analysis: Nasdaq 100 ETF (QQQ) Poised for Extended Impulse
The Nasdaq 100 ETF (QQQ) experienced a significant selloff following a tariff announcement, dropping from an all-time high of $540.81 to a low of $402.39 on April 7, 2025. This decline appears to be a corrective three-wave pullback, indicating that the market’s overall bullish trend remains intact. Since hitting this low, the ETF has reversed…
South Korean Central Bank Wades into Presidential Candidates’ Stablecoin Row
The South Korean central bank has entered the political furore surrounding stablecoins, insisting it should have the final say over the issuance of a KRW-pegged coin. Stablecoins have become a “political hot potato” ahead of next month’s presidential elections, South Korean media outlets wrote on May 12. Aju Kyungjae quoted the Bank of Korea (BOK)…
Paul Atkins Vows Clear Crypto Regime, Ending SEC ‘Enforcement-Only’ Era
U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins doubled down on his commitment to enacting a clear crypto regulatory framework during a roundtable hosted by the agency on May 12. Paul Atkins Reaffirms Crypto Regulation Clarity Titled “Tokenization: Moving Assets Onchain: Where TradFi and DeFi Meet,” the event saw key players in the crypto…
PEPE Price Leaps 80% as MIND of Pepe Hits $9m, Presale Must End in 18 Days – Buy Now For 100x Gains
The PEPE price has exploded 80% in the past seven days, while crypto AI agent coin MIND of Pepe ($MIND) has climbed to $9 million in its presale as bulls look to 100x returns. As the trade war between China and the US pulls back from the brink, it confirms the recent bullish turn in…
Strategy Scoops 13,390 Bitcoin in $1.34B Blitz – Tariff Truce Sparks Volatility
Strategy has acquired nearly 14,000 Bitcoin in its latest buy-up of the cryptocurrency, trusting Michael Saylor’s vision even as prices flicker after the tariff truce. The purchase, which was announced by Saylor on Monday, pushes Strategy’s stash past half a million coins, daring regulators and markets alike. Strategy Continues Dramatic Bitcoin Acquisition According to a…
Stellar Jumps 38%, Crushes XRP on Transactions as Bulls Eye $0.50 Breakout
Blockchain payment network Stellar ($XLM) has emerged as one of the most consistent gainers over the past month. On May 11, Stellar rocketed 7% to reclaim a $10 billion valuation, capping a 38% month-long run, securing its place among the top 15 cryptocurrencies by market capitalization. Stellar’s Transaction Metrics Outshine Ethereum and Ripple Originally created…
Bitcoin Rockets Toward $105K After U.S.-China Tariff Truce – Gold Sinks 3%
$105K suddenly looks reachable: Bitcoin surged 7% on Monday’s 90-day U.S.-China tariff cease-fire, while gold sagged 3%, reversing the safe-haven playbook. Analysts now see the flagship token toppling its $109,588 peak—yet caution that altcoins may lag without fresh retail firepower. Bitcoin Breaks Away from Gold, Targets New Highs Nic Puckrin, crypto analyst, investor, and founder…