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Tag: stocks

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DeFi soars with tokenized stocks, but user activity shifts to NFTs: Report

NFT DApps drew slightly more active users than DeFi in July, even as DeFi liquidity hit a record $270B. Locked liquidity on decentralized finance (DeFi) applications reached a record $270 billion in July, partly driven by tokenized stocks growth. DappRadar’s data shows the total value locked (TVL) in DeFi protocols jumped 30% month-over-month, while active wallets for…
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US crypto stocks surge amid fragile Iran-Israel ceasefire

US crypto stocks surged on Tuesday amid a shaky Donald Trump-brokered ceasefire agreement between Iran and Israel. US crypto stocks surged alongside the broader market on Tuesday after a shaky ceasefire between Iran and Israel brokered by US President Donald Trump largely held. Trump declared the ceasefire on social media on Monday, claiming it would…
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‘Magnificent seven’ tech stocks tumble a whopping $280B as crypto surges

More than $280 billion has been cleared off of the “wonderful seven” tech stocks following the arrival of a few income investigates Oct. 25, setting off fears of an approaching tech downturn. The purported “glorious seven” alludes to the main seven blue-chip tech firms including Apple, Microsoft, Meta, Amazon, Letter set, Nvidia, and Tesla —…
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