Gemini, the crypto exchange founded by the Winklevoss twins, has filed to list on Nasdaq despite a $282 million loss, aiming to join Coinbase and Bullish in the growing wave of public crypto firms.
Curious about the top performers within the S&P500 index in the middle of the day on Friday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the consumer internet industry, including Electronic Arts (NASDAQ:EA) and its peers.
Bullish is the latest crypto-themed company to go public in 2025. But its diversified crypto products aimed at institutional investors make it stand out.
A number of stocks fell in the afternoon session after markets pulled back as hotter-than-expected wholesale inflation data was released, raising concerns about the future path of interest rates. The U.S. Labor Department reported that the Producer Price Index (PPI), which measures inflation at the wholesale level, jumped 3.3% year-over-year in July, significantly above economists' forecasts of 2.5%. This unexpected increase suggests that cost pressures are building for businesses, which could eventually be passed on to consumers. The hotter-than-expected data prompted investors to scale back bets on an imminent interest rate cut by the Federal Reserve. Higher interest rates can dampen economic activity and negatively affect the valuations of growth-oriented stocks, such as those in the internet sector, leading to a broad market retreat.
The cryptocurrency market is experiencing a remarkable resurgence, with Bitcoin (BTC) and Ether (ETH) leading the charge, trading near their all-time highs. Bitcoin has been hovering between $118,000 and $122,900, while Ether has seen significant gains, reaching $4,640-$4,679. This impressive rally signals a renewed bullish
Decentralized exchange token Aerodrome Finance (CRYPTO: AERO) popped on Wednesday after being integrated into Coinbase Global Inc.’s (NASDAQ:COIN) main application.
The cryptocurrency exchange Bullish (NYSE: BLSH) made a resounding entrance onto the public markets on August 13, 2025, with its shares nearly doubling from their initial $37 IPO price. This highly anticipated debut saw the institutional-focused digital asset platform open at $90.45 and reach highs of $118 before settling
The cryptocurrency market is experiencing an exhilarating surge, with Ether (ETH) leading the charge, rising by a remarkable 7% and inching closer to its all-time high above $4,700. Not to be outdone, Bitcoin (BTC) has firmly established itself above the $120,000 mark, signaling a robust and broad-based rally
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 3.1% in the morning session after a broad rally in the cryptocurrency market, fueled by cooling inflation data that reinforced expectations for a Federal Reserve interest rate cut in September. The rally pushed the total cryptocurrency market capitalization above $4.1 trillion.
The market for crypto-backed tokenized assets is expected to reach $2 trillion in 5 years, with major institutions and regulators developing infrastructure. Stablecoins are leading the way, with asset managers like BlackRock and Bank of America entering the space.
The gains followed U.S. Treasury Secretary Scott Bessent’s suggestion that the Federal Reserve should weigh a 50 basis-point rate cut in September on Tuesday evening.
Coinbase’s second quarter was met with a negative market reaction as revenue growth fell short of Wall Street’s expectations, despite a significant beat on non-GAAP profit. Management attributed the shortfall primarily to a decline in trading volumes, driven by reduced crypto asset volatility and a strategic shift in stablecoin pair pricing. CFO Alesia Haas noted, “Crypto asset volatility declined 16%, despite the average crypto price market cap being roughly flat,” underscoring the impact of market conditions and intentional business decisions on quarterly results. The company also faced elevated operating expenses due in part to a large data theft incident, which weighed on margins.
