US stocks declined on Tuesday, putting the S&P 500 Index on course for its longest losing streak since August as investors grapple with two primary concerns: excessive valuations in artificial intelligence stocks and growing uncertainty about whether the Federal Reserve will implement interest rate cuts next month. Robinhood Markets Chief Investment Officer Stephanie Guild provided analysis on Bloomberg Businessweek Daily, characterizing the market pullback as a ‘healthy correction’ following a period of limited economic data and elevated valuations.
about S&P 500 Faces Longest Slide Since August Amid AI WorriesRobinhood
1 in Finance and 2 in Crypto last week
Ripple Skips IPO Despite $40B Valuation After SEC Win
After securing a landmark legal victory against the SEC declaring XRP not a security, Ripple is making a surprising strategic decision. The $40 billion crypto company confirms it has no plans to go public, bucking industry trends and revealing deeper tensions between crypto firms and traditional markets.
about Ripple Skips IPO Despite $40B Valuation After SEC WinBlackRock’s BUIDL Fund Now Collateral on Binance
BlackRock’s $2.5 billion BUIDL fund is expanding its reach, now accepted as collateral on Binance and accessible via BNB Chain. The tokenized money market fund continues to bridge traditional finance with cryptocurrency markets. This move signals growing institutional adoption of blockchain-based financial products.
about BlackRock's BUIDL Fund Now Collateral on Binance$336M XRP Pulled From Exchanges Amid Price Drop
Over $336 million worth of XRP disappeared from centralized exchanges in a single day, marking one of the sharpest reserve declines in recent months. Despite this massive withdrawal suggesting reduced selling pressure, XRP’s price tumbled 9% overnight to below $2.30, creating a contradictory market dynamic that has left traders and analysts divided on whether this signals strategic accumulation or broader caution.
about $336M XRP Pulled From Exchanges Amid Price DropXRP ETF Launch Sparks Bullish Momentum for Ripple Token
Ripple’s XRP token is experiencing renewed bullish momentum following the landmark approval of the first spot XRP ETF in the United States. Combined with increased network activity and strategic exchange movements, analysts predict potential price surges in the coming weeks. However, significant whale sell-offs present a counterbalancing risk to the optimistic outlook.
about XRP ETF Launch Sparks Bullish Momentum for Ripple TokenArk Invest Buys $30M in Circle Shares Amid Price Slump
Cathie Wood’s Ark Invest has made a bold $30 million bet on stablecoin issuer Circle despite the company’s stock experiencing one of its most significant downturns since going public. The investment firm acquired 353,328 CRCL shares across three of its actively managed ETFs, bringing its total holdings to nearly 3 million shares valued at approximately $255 million. This strategic purchase comes as Circle’s share price has plummeted 37% over the past month and more than 20% in just the last five trading days, erasing nearly all gains since its blockbuster IPO debut.
about Ark Invest Buys $30M in Circle Shares Amid Price SlumpCircle Launches StableFX for 24/7 Global Currency Trading
Circle has unveiled StableFX, an institutional-grade foreign exchange platform enabling 24/7 stablecoin trading with on-chain settlement. The initiative aims to transform global currency markets by eliminating counterparty risk and enabling real-time settlements through blockchain technology, building on Circle’s strong third-quarter performance that saw $740 million in revenue and USDC’s market capitalization grow from $61 billion to over $76 billion since its June IPO.
about Circle Launches StableFX for 24/7 Global Currency TradingPolymarket Partners with Yahoo Finance in Prediction Market Push
Polymarket has secured an exclusive partnership to display its prediction market data on Yahoo Finance, significantly expanding its potential audience to the platform’s 150 million monthly global visitors. This strategic move comes as competition intensifies with rival platform Kalshi, which recently outpaced Polymarket in weekly trading volume, generating $1.3 billion compared to Polymarket’s $1 billion. The partnership represents another crucial step in Polymarket’s strategy to regain momentum in the increasingly competitive prediction markets space following its profile boost during last year’s divisive presidential election.
about Polymarket Partners with Yahoo Finance in Prediction Market PushCrypto Stocks Slide on Macro Fears, Shutdown Jitters
Crypto-focused stocks have tumbled this week as macroeconomic concerns and government shutdown fears dampen investor appetite. Major players like Coinbase, Block, and Robinhood saw declines of 11-14%, erasing recent gains despite some positive earnings reports. The selloff highlights the ongoing fragility in crypto-linked equities.
about Crypto Stocks Slide on Macro Fears, Shutdown JittersStrategy Raises $715M in European Preferred Stock Offering
Strategy has successfully raised $715 million through its STRE preferred share offering, specifically designed for European investors, marking the Bitcoin-focused firm’s first major foray into foreign markets. The offering comes at a challenging time for the company, with its stock price falling 14% over the week despite Bitcoin approaching the $100,000 mark, reflecting investor concerns about the company’s premium compression and shifting funding strategies.
about Strategy Raises $715M in European Preferred Stock Offering