Stock Market & Financial News
Ethereum Whale Activity Crashes 90% as Large Transactions Fall to Multi-Month Lows
Ethereum (ETH) remained under pressure Thursday amid geopolitical tensions in the Middle East, persistent inflation concerns, and expectations of tighter monetary policy. Notably, the crypto asset's weakness comes as on-chain data points to a sharp decline in whale participation.
US scientist John Jumper to leave Google DeepMind for Anthropic
Senior research scientist John Jumper said on Friday he would leave Google DeepMind to join AI startup Anthropic, the latest high-profile departure at the Big Tech giant's AI research and development division.
GOOG Dorchester Minerals: Overselling Pressures Increased, Buying Opportunities Widened
Dorchester Minerals, LP is well-positioned for current oil market dynamics and growth opportunities, with expanding Permian acreage and a robust, debt-free balance sheet. DMLP delivered its strongest YoY revenue growth in 11 quarters, driven by higher oil prices, increased production, and recent acquisitions in the Rockies and Permian regions. Despite recent oil price declines and selling pressure post-ceasefire, DMLP appears oversold, presenting renewed buying opportunities supported by technical indicators and a low P/B valuation.
MTX Tokyo-listed Gumi Bets Big on XRP, Plans to Become Japan's Largest Institutional Holder
Tokyo-listed game developer Gumi is doubling down on XRP, consolidating ¥14B, worth more than $90M, in assets to become Japan's largest institutional holder.
Arthur Hayes Sells 6,000 ETH at a Loss, Raising Questions About Ethereum
Arthur Hayes sold 6,000 ETH at a loss, realizing an estimated $606k reduction after entering the position at higher prices earlier in the week. Ethereum remains under pressure near the $1,700 level, where liquidity has weakened and short-term sellers continue to test support.
Bitcoin ETF Outflows Put Institutional Demand Back Under The Macro Spotlight
US spot Bitcoin ETF outflows have put institutional demand back under scrutiny after markets reacted to a hawkish Fed backdrop.
USD/CAD Update: Can the Canadian dollar recover?
Over the last few trading sessions, the weakness of the Canadian dollar against the US dollar has become increasingly evident. This can be seen in short-term USD/CAD price action, with the pair now posting eight consecutive bullish sessions in favor of the US dollar.
Standard Chartered Expert: Crypto Winter Has Ended, Expect BTC and ETH at $100k+ and $4k+ by End of 2026
In a note published Friday, Kendrick maintained his year-end price targets of $100,000 for Bitcoin and $4,000 for Ethereum.
Axelar shuts down Secret Network bridge routes after $4.7M exploit
Axelar has disabled its Secret Network bridge connections after a security incident resulted in the loss of roughly $4.7 million worth of bridged assets.
ZachXBT Investigates User Who Asked for Help Recovering Frozen Bitcoin
Amount under review: The case involves a total of 5.7357 BTC, with an estimated value by the claimant of $475,000. Withholding period: The cryptocurrency funds remain frozen under an AML review since March 11, 2025. Global statistics: The FBI's Internet Crime Report logged losses exceeding $11 billion in crypto assets during 2025.
Charles Schwab expands into prediction markets with S&P 500 bets
Charles Schwab Corporation partnered with Cboe Global Markets to introduce binary options tied to the performance of the S&P 500, marking its entry into the rapidly growing prediction markets segment. According to a report by The Wall Street Journal, the brokerage is working with Cboe to roll out all-or-nothing options contracts that allow customers to make yes-or-no wagers on whether the S&P 500 closes above or below a specified level.
SCHW 
WhiteBIT secures MiCA license in Austria ahead of July 1 EU deadline
The Austrian authorization gives WhiteBIT access to the EU's unified crypto framework, which will require exchanges to hold MiCA licenses or stop serving clients after July 1.
Hawkish Fed keeps pressure on gold as physical premiums soften - Kitco PM Report
Spot gold and silver prices are weaker in thin holiday trading Friday, with U.S. cash equity and bond markets closed for Juneteenth and rate-sensitive flows continuing to lean against precious metals following this week's Federal Reserve meeting.
AAAU 
Micron Gets the Headlines, But Sandisk Could Offer More Upside
SNDK has outpaced MU as AI-driven memory demand, strong pricing power and rising data center sales fuel exceptional growth momentum.
MU 
Up 700% YTD, How High Can SanDisk Rally?
After one of the most extraordinary rallies in semiconductor history, SanDisk (NASDAQ:SNDK | SNDK Price Prediction) sits at $1,958.80 after climbing 725.17% year to date and 4,342.73% over the past year.
SNDK 
SOL slides to 2023 lows – But Solana is quietly winning the tokenized asset race
Solana is gaining strength where it matters most.
DOJ probes JPMorgan, Citigroup transactions tied to Iran supreme leader's business network
A Justice Department probe is reviewing transactions tied to a business network linked to Iran's supreme leader and its reported connections to Wall Street firms
C 
NatWest CEO Says AI Will Take Over Some Existing Banking Roles
NatWest CEO Paul Thwaite said artificial intelligence (AI) is going to change the bank's workforce, though he didn't say whether it would reduce the size, Finextra reported Friday (June 19).
NWG 
Solana Pulls Institutional Money Even as SOL Price Keeps Sliding
Institutions are buying into Solana. Not the price — the infrastructure.
Alkermes: 'Buy' On Avadel Acquisition And Positive NT2 Data With Alixorexton
Alkermes plc maintains a Buy rating, driven by the accretive Avadel Pharmaceuticals acquisition and strong pipeline progress. Company bolstered its hypersomnolence portfolio with LUMRYZ, which delivered robust early sales and revenue momentum post-acquisition. Positive phase 2 data for alixorexton in narcolepsy type 2 and ongoing phase 3 Brilliance Studies underpin a compelling growth thesis.
ALKS 
Bitcoin ETFs See $90 Million Outflow as BlackRock IBIT Leads Redemptions
US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) posted a net outflow of roughly $90.66 million on Wednesday, underscoring how quickly ETF flows can swing even as broader 'institutional demand' for regulated crypto exposure remains intact. Data cited by Odaily from SoSoValue shows the day's redemptions were largely driven by BlackRock's iShares Bitcoin Trust (IBIT), which recorded $96.66 million in net outflows—the largest among spot BTC ETFs for the session.
Ledn Adds Tether Gold Collateral As Tokenized Gold Enters Crypto Lending
Ledn has added Tether Gold as loan collateral, expanding crypto lending into tokenized gold and real-world asset markets.
Formula One Group: Still Priced For Pole Position
Formula One Group remains a rare sports asset with massive pricing power, scarce race inventory, and growing premium hospitality demand. 1Q26 looked strong on the surface, but race timing helped the comparison, and FY2026 should remain noisy due to the reduced race calendar. The full calendar is less bearish than I previously thought, as F1 is finding ways to monetize scarcity through higher pricing, expanded capacity, and premium offerings.
FWONA 
AppLovin Could Hit $600+ With 28% Upside as AI Ad-Tech Story Rebounds
AppLovin (NASDAQ:APP | APP Price Prediction) has had a wild ride in 2026.
APP 
Why oil isn't spiking: Iran ships 20 million barrels while China slashes imports
The sudden release of supply helped drive oil sharply lower from its spring highs and briefly pushed gasoline below $4 a gallon in parts of the US.
BNO 
Dave & Buster's: Arcade Inflation Is Breaking The Value Equation
Dave & Buster's Entertainment, Inc. faces a challenging turnaround as same-store sales fell 5.4% during Spring Break, highlighting weak consumer demand. PLAY's entertainment revenue mix is eroding, pressuring margins, while restaurant sales grew ~5% in Q1 FY 2027 but offer lower profitability. Leverage stands at 3.8x net LT debt/EBITDA, with no near-term debt wall, but operational risks loom if EBITDA declines further.
DAVE 
Algorand's New Roadmap Brings Native Quantum Accounts
With the post-quantum threat still lingering in everyone's mind, Algorand's got the solution before the danger arrives.
Bitcoin reclaims $63K as Israel-Hezbollah ceasefire revives U.S.-Iran talks hopes
Bitcoin has climbed back above $63,000 after reports of an Israel-Hezbollah ceasefire have renewed expectations that stalled diplomatic talks between the United States and Iran could resume before the end of June.
Microtransactions Now Account for 80% of Bitcoin Network Activity
Microtransactions below 0.01 Bitcoin now account for nearly 80% of all daily transactions on the Bitcoin network, according to a report published by blockchain analytics firm CryptoQuant. This phenomenon is pushing network activity to levels close to its all-time highs, despite a moderate price performance.
Reddit: The Market Is Sleeping On Its True Earnings Power
Reddit is rapidly becoming a highly profitable, capital-light advertising platform, supported by rising ARPU, strong user purchase intent, and a long monetization runway. The business is already producing strong earnings and cash flow, while requiring minimal capex compared with most companies tied to the AI cycle. On top of that, RDDT's human conversation data could become a strategic AI asset if future licensing deals are repriced higher.
RDDT 
