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Share link:In this post: The S&P 500 and Nasdaq both fell Friday, while the Dow rose slightly, boosted by a 12% surge in UnitedHealth. Applied Materials dropped 14%, dragging chip stocks lower, and consumer sentiment slipped due to inflation fears. Buffett, Burry, and Tepper revealed large stakes in UnitedHealth, sending the stock to its best day since March 2020.
Share link:In this post: Trump and Putin held a three-hour meeting in Alaska but reached no agreement on ending the war in Ukraine. Zelenskiy was not invited, and no ceasefire or follow-up summit was confirmed. Trump claimed progress but admitted major issues remain unresolved.
XRP holds at $3 despite whale sell-offs; retail investors buying to stabilize price, but support at $3.07 is crucial for recovery.
We’re beginning to price in the chance of not just a 25 basis point cut, but a 50 bps one
- 10:18BIT Mining launches USD stablecoin DOLAI on SolanaJinse Finance reported that cryptocurrency infrastructure company BIT Mining Limited (NYSE: BTCM) today announced the launch of DOLAI, a US dollar-backed stablecoin designed to connect AI agents, merchants, consumers, and institutional financial institutions on the Solana chain, with plans to expand to broader multi-chain interoperability. DOLAI is being launched in partnership with Brale Inc. ("Brale").
- 09:52Bitpanda Rules Out London Listing, Considers Frankfurt or New YorkAccording to ChainCatcher, as reported by Cointelegraph, Eric Demuth, co-founder of the crypto exchange Bitpanda, told the Financial Times that although Bitpanda is actively evaluating plans to go public, it “will not list in London.” Instead, the company is considering the possibility of listing in Frankfurt or New York, but no specific timeline has been set. Demuth stated, “At present, from a liquidity perspective, the London Stock Exchange is not performing very well. I hope things will improve, but I believe the London Stock Exchange will face difficulties in the coming years.” He pointed out that several companies, including UK fintech firm Wise, have already moved or are moving their primary listing locations overseas to attract more investors. The UK is facing its most severe IPO drought in decades, with funds raised from London listings in the first half of this year falling to their lowest level in 30 years.
- 09:42Bio: AUBRAI Ignition Sale Oversubscribed by 13.8 Times with Less Than 2 Hours RemainingAccording to Foresight News, Bio Protocol announced on X that over 1,660 users have participated in the AUBRAI Ignition Sale, with the subscription rate reaching 13.8 times, and less than two hours remaining until the end. The official statement noted that some frontend issues are being fixed, and if BioXP and BIO have already been deducted from users' wallets, these will be counted in this sale.