A better user experience can be created by having fintech at the front and DeFi at the back, also known as a “DeFi mullet.”
Nasdaq short interest up 2.2% in mid-March
Short interest on the Nasdaq rose about 2.2% in mid-March, the exchange said in a statement released late on Tuesday. As of March 14, short interest rose to about 15.66 billion shares, compared with 15.33 billion shares at the prior settlement period, which was Fed. Investors who sell securities 'short' borrow shares and then sell them, expecting the stock to fall so they can buy the shares back at the lower price, return them to the lender and pocket the difference.
US Bank Stocks Set to Match Longest Winning Streak on Record
(Bloomberg) -- An index of big US bank stocks extended a rally for the ninth straight day on Wednesday, putting it on track to match the longest winning streak on record.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.Paris Votes to Make 500 More Streets Car-FreeThe KBW Bank Index jumped as much as 1.2%
U.S. House Stablecoin Bill Poised to Go Public, Lawmaker Atop Crypto Panel Says
Rep. Bryan Steil told the DC Blockchain Summit that the House's stablecoin bill is seeking to "close the gap" with the Senate's that already moved through committee.
Michael Saylor may burn his Bitcoin before death for “economic immortality”
Bitcoin maximalist Michael Saylor said he may burn his own private Bitcoin keys as an “ethically proper, ethically sound form of charity.”
Junk Bonds Win Over Investors Seeking Calm From Market Storm
(Bloomberg) -- Junk bonds don’t seem quite so junky anymore. US investors are piling into an asset class that has grown a little safer in recent years, and in recent weeks has drawn investors seeking a safe harbor from market turbulence.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.Paris Votes to Make
NY Fed details likely looming rise in troubled student loan borrowing
NEW YORK (Reuters) -The end of various pandemic-era student loan support programs likely portends a rise in credit issues for borrowers, although it will take time to understand the full extent of the problem, New York Federal Reserve researchers said on Wednesday. “We expect to see more than nine million student loan borrowers face substantial declines in credit standing over the first quarter of 2025,” the regional Fed bank said in a blog posting. New York Fed economists acknowledged there’s lots of uncertainty over how this increased trouble in the student lending sector will play out, but noted that those with higher levels of credit scores appear to have the most room to lose.
Crypto Exchange Bitso Launches Stablecoin Business, Eyeing LatAm Cross-Border Payments
The newly established subsidiary, Juno, will first issue a Mexican peso stablecoin on Ethereum layer-2 Arbitrum.
Aircraft Finance Market Outlook: Buy Now, or Pay the Price Later
Interest rates are falling for aircraft buyers. The post Aircraft Finance Market Outlook: Buy Now, or Pay the Price Later appeared first on FreightWaves.
Kids Retailer Carter's Announces New CEO Amid Stock Slump
Child and baby retailer Carter's announced on Wednesday the appointment of Doug Palladini as its next CEO.