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Kraken to Offer Tokenized U.S. Stocks on Solana Blockchain, Eyes Global Clients

Crypto exchange Kraken plans to offer tokenized versions of popular U.S. equities. According to the exchange’s announcement today (Thursday), Kraken will list a new suite of tokenized equities dubbed xStocks in partnership with Backed Finance. The assets will reportedly be live on the Solana blockchain and represent actual shares held 1:1 by Backed. Clients in…

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Crypto Stocks Edge Upwards as Bitcoin Hits Record High on Pizza Day

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitcoin (BTC) surged to a new all-time high above $111,000 on Bitcoin Pizza Day, driving crypto-related stocks higher in midday trading. Coinbase Global (NASDAQ: COIN), Robinhood Markets (NASDAQ: HOOD), and MicroStrategy (NASDAQ: MSTR) all…

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Kraken to Offer Tokenized U.S. Stocks on Solana Blockchain, Eyes Global Clients

Crypto exchange Kraken plans to offer tokenized versions of popular U.S. equities. According to the exchange’s announcement today (Thursday), Kraken will list a new suite of tokenized equities dubbed xStocks in partnership with Backed Finance. The assets will reportedly be live on the Solana blockchain and represent actual shares held 1:1 by Backed. Clients in…

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Crypto Stocks Edge Upwards as Bitcoin Hits Record High on Pizza Day

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitcoin (BTC) surged to a new all-time high above $111,000 on Bitcoin Pizza Day, driving crypto-related stocks higher in midday trading. Coinbase Global (NASDAQ: COIN), Robinhood Markets (NASDAQ: HOOD), and MicroStrategy (NASDAQ: MSTR) all…

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FIFA Collect moves to Avalanche layer-1

Modex is named as the technical partner and infrastructure provider. FIFA Rivals to offer an NFT marketplace through Mythical Games. Blockchain to support NFTs, games, and digital fan assets. FIFA is building a dedicated Layer-1 blockchain in collaboration with Avalanche and Modex, set to host its FIFA Collect digital collectibles. The migration, scheduled after May…

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Race car driver Aliyyah Koloc named Raphael Coin’s brand ambassador

The partnership kicks off with Koloc’s participation in the Taklimakan Rally in China. Koloc will play a key role in promoting the project’s core mission of democratizing fine art investment through tokenized assets. After the rally, Koloc will publicly announce her acquisition of RAPH tokens. Raphael Coin (RAPH), a blockchain initiative aimed at enabling fractional…

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Why Baidu is the Underrated AI Stock from the East

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Since our last coverage of Baidu (NASDAQ: BIDU) in August 2024, the stock price level is now slightly higher, at $89.53 from $86.96 per share. However, within that period, there have been multiple opportunities…

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Michigan lawmakers introduce 4 crypto bills as Congressmen revive Blockchain Regulatory Certainty bill

Michigan’s HB 4510 allows pension funds to invest in crypto ETFs. HB 4512 enables Bitcoin mining at abandoned oil or gas wells. HB 4513 offers income tax breaks to miners in remediation schemes. State and federal lawmakers are charting a new course for cryptocurrency in the United States. In Michigan, a legislative package of four…

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Ethereum and XRP prices regain momentum as Bitcoin Pepe gains steam

Bitcoin price rallied to a fresh all-time high of $111,881 earlier on Thursday as the bulls eye $120,000. With the heightened risk-on mood, leading altcoins and meme coins, including Ethereum and Ripple, have recorded significant gains.  Notably, the Bitcoin-led rallying has attracted more buyers to the first meme ICO on the Bitcoin network, Bitcoin Pepe.…

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Analog Devices (ADI) Beats Expectations with Second-Quarter FY’25 Results

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Analog Devices, Inc. (NYSE: ADI) has delivered impressive results in its fiscal second quarter of 2025, surpassing market expectations for both revenue and earnings per share (EPS). The company’s strong performance across all end…

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Why is Urban Outfitters’ Stock Surging in Premarket Trading Today?

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Urban Outfitters Inc. (NASDAQ: URBN) shares skyrocketed over 18% in premarket trading after the apparel retailer delivered a stunning first-quarter earnings beat, significantly outperforming expectations while dismissing concerns about retail demand slowdown that have…

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Oil Prices Down Today Due to 2 Potential Key Factors

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Oil prices fell over 1% in early Thursday trading as markets reacted to two significant developments: continued US-Iran nuclear negotiations that could potentially ease sanctions and lift Iranian oil exports, and reports that OPEC+…

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Alphabet’s Shares Rise After Google Showcases AI Innovations at I/O Conference

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Google unveiled an array of AI-powered innovations at its annual I/O developer conference, including a new $249.99 monthly subscription tier for power users, smart glasses partnerships, and the rollout of “AI Mode” to all…

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Premarket Movers: Keysight Technologies’ Shares Gain After Firm Reports Strong Q2 Results

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Keysight Technologies, Inc. (NYSE: KEYS) shares jumped over 5% in premarket trading after the electronic design and test solutions provider reported better-than-expected second-quarter fiscal 2025 results and raised its full-year growth outlook. Keysight Technologies…

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Medtronic (MDT) Reports Strong Q4 Performance, Will Separate Diabetes Business

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Medtronic plc (NYSE: MDT) has released its financial results for the fourth quarter and fiscal year 2025, marking a robust conclusion to its fiscal year. The company has also announced a dividend increase and…

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Target Corporation Reports Worse than Expected First-Quarter 2025 Results

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Target Corporation (NYSE: TGT) has released its financial results for the first quarter of 2025, revealing a mixed performance amid a challenging economic landscape. The company’s results reflect a combination of strategic initiatives and…

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Lowe’s Companies, Inc. Reports Mixed Q1 2025 Results with $2.92 EPS

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Lowe’s Companies, Inc. (NYSE: LOW) recently released its financial results for the first quarter of 2025, showcasing a mixed performance amid challenging market conditions. This article delves into the company’s quarterly performance, comparing it…

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Bitcoin Reserve and Digital Asset Stockpile: President Trump Signs Executive Order

US President Donald Trump yesterday (Thursday) signed an executive order to establish a Bitcoin Strategic Reserve to hold assets seized by the US government. The order also mandates the creation of a Digital Asset Stockpile for other types of crypto assets.A Store of Seized CryptocurrenciesInitially, the assets stored under the order will be those seized…

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TradeZero Revolutionizes Trading Education with Advanced Paper Trading Platform

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. TradeZero has launched a paper trading service that sets a new standard for trading education and skill development. The paper trading account provides aspiring traders with an impressive $1,000,000 in virtual funds for 30…

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US Plans for 172k Job Cuts Amid Economic Uncertainty, DOGE Actions

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In February 2025, the United States witnessed a significant surge in job cuts, primarily driven by federal government reductions under the Trump administration. The Department of Government Efficiency (DOGE) spearheaded these actions, leading to…

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Macy’s, Inc. Reports Q4: EPS Beats Guidance, Net Sales Decline

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Macy’s, Inc. (NYSE: M) reported its financial results for the fourth quarter of fiscal year 2024, showcasing mixed outcomes. The company achieved a GAAP diluted earnings per share (EPS) of $1.21, while its adjusted…

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Q4 FY’24 Sees BJ’s Wholesale Club Beat EPS Expectations, Match Revenue

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) reported its financial results for the fourth quarter of fiscal 2024, ending February 1, 2025. The company achieved a notable performance, with comparable club sales increasing by…

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Bitcoin staking platform Solv Protocol partners with Ethereum L2 Soneium

Solv Protocol has partnered with Soneium for BTC staking on Ethereum L2. Following the partnership, SolvBTC holders can stake, earn rewards, and use advanced yield strategies. Soneium’s $45M TVL and 47M transactions boost DeFi growth with Solv. The world of decentralized finance continues to evolve, and a new partnership between Solv Protocol and Soneium is…

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Why Is XRP Going Up? Saylor Labels It a Token and Urges Regulatory Framework

Michael Saylor, Executive Chairman of Strategy, recently commented on the inclusion of cryptocurrencies in US strategic reserves. His remarks followed the signing of an executive order by US President Donald Trump, which included Bitcoin alongside altcoins like Ethereum, XRP, Solana, and Cardano, Coingape reported.The XRPUSD H1 chart indicates that the price recently bounced off a…

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TSMC and Intel Investments at Risk as Trump Targets $52B CHIPS Act

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Former President Donald Trump has reignited debate over the future of the United States’ semiconductor industry by calling for the end of the $52 billion Chips Act subsidy program. This initiative, established during the…

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Report: Trump expected to announce Bitcoin reserve strategy at White House Crypto Summit

Howard Lutnick said Bitcoin would receive special status under US President Donald Trump’s proposed crypto reserve Lutnick believes that other crypto tokens will be “treated differently—positively, but differently” So far, 12 people within crypto have been invited to attend the Crypto Summit US President Donald Trump is expected to unveil a Bitcoin reserve strategy at…

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Bitcoin Pepe readies for a crypto revolution amidst a risk-off mood

Crypto majors have remained under pressure despite President Trump’s talks of a US crypto reserve. Amid the tariff jitters and economic uncertainties, the market is in a risk-off mood. Nonetheless, savvy investors continue to look for opportunities beyond the majors. Bitcoin Pepe, the first meme ICO on Bitcoin’s network, is one of the projects on…

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