Economy

Economy
Economy

ARB jumps after Robinhood Chain launch puts DAO revenue in spotlight

Arbitrum (ARB) has gained nearly 8% over the past 24 hours after Robinhood expanded support for its newly launched Layer 2 network inside Robinhood Wallet while introducing a revenue-sharing structure that directs part of the chain’s earnings back to the Arbitrum ecosystem. According to an announcement, Robinhood Wallet now supports Robinhood Chain, allowing users to

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Economy

Can BNB break $590 as new AI-focused Layer-1 hype builds fast?

BNB is trading higher on Thursday following a bearish start to the week. The native coin of the Binance ecosystem has reclaimed the $570 level and could rally higher in the near term. The recovery comes after BNB Chain announced plans to build a new high-performance Layer-1 blockchain aimed at supporting next-generation blockchain applications, including

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Economy

Why US states want to block Paramount’s $110B Warner Bros. deal?

A proposed $110 billion merger between Paramount and Warner Bros. Discovery is facing growing legal scrutiny in the United States, with several states preparing to challenge the transaction over competition concerns. The deal, which would combine two of Hollywood’s largest film studios, has sparked fears that it could reduce consumer choice, eliminate jobs, and give

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Economy

Ethereum rebounds from $1,700, but weak buying keeps bulls on edge

Ethereum has gradually recovered from weeks of sustained selling pressure, climbing nearly 10% since the beginning of the month. However, the rebound has yet to attract the strong buying activity needed to confirm a broader bullish trend. On-chain metrics suggest investor sentiment is improving, but demand from both retail traders and institutional participants remains relatively

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Economy

SK Hynix ADR issue draws over sevenfold demand: report

Global investors have placed orders for more than seven times the shares available in SK Hynix’s upcoming American depositary receipt (ADR) offering, Bloomberg and Reuters reported. According to Bloomberg, the offering has attracted strong interest from global long-only funds and technology-focused investors ahead of its expected pricing on Thursday. Around 1,000 institutional investors participated in

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Economy

XRP’s $1 defence faces a brutal test as ETF demand starts to crack

Ripple’s XRP has successfully defended the $1.02 support level following the heavy selling pressure on Wednesday. The current market conditions are driven by escalating geopolitical tensions and growing concerns over US monetary policy. XRP has slightly recovered to $1.09. The weakness comes as investors reduce exposure to risk assets amid renewed conflict in the Middle

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Economy

This $8 quantum stock has 111% upside after Microsoft’s warning

Microsoft’s warning that the quantum-security clock is moving faster has put a beaten-down quantum stock back on Wall Street’s radar. Quantum Computing Inc. (NASDAQ: QUBT) was trading around $8.75 on Thursday, while an average analyst price target on the stock is $18.33, implying roughly 111% upside current levels. The setup is compelling, but risky, as

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Economy

SanDisk stock drops as Samsung-led chip selloff hits memory sector

Shares of SanDisk Inc. (SNDK) fell sharply in trading on Tuesday as a broad selloff in memory-chip stocks spread from South Korea to US markets despite strong preliminary earnings from Samsung Electronics. SanDisk shares declined 8% after falling 23% over the previous three trading sessions. The stock has been one of the strongest performers in

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Economy

KuCoin partners with UAE Team Emirates–XRG ahead of 2026 Tour de France

KuCoin, a cryptocurrency exchange, has announced a partnership with UAE Team Emirates–XRG, a professional cycling team. The partnership will make its public debut at the 2026 Tour de France, with KuCoin branding displayed on the team’s buses, support vehicles, and fleet cars throughout the three-week race. Under the agreement, KuCoin will become the team’s exclusive

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Economy

Samsung’s earnings send a warning ahead of Big Tech results: brace for volatility

Samsung Electronics delivered blockbuster quarterly earnings, but its sharp share-price decline may have offered investors a more important message than the results themselves: in a market driven by artificial intelligence, strong numbers are no longer enough. The South Korean technology giant reported a near 20-fold increase in second-quarter operating profit and roughly doubled revenue from

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