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Wall Street surged toward record highs Tuesday as Federal Reserve Chair Jerome Powell indicated the central bank could cut interest rates sooner than expected if economic conditions deteriorate. The S&P 500 rose 1% while the Nasdaq 100 climbed 1.5%, positioning itself for its first record close sinc

American investor Anthony Pompliano announced Tuesday a $1 billion merger to create ProCap Financial, a Bitcoin-focused public company that will trade on Nasdaq. The deal, structured through a special purpose acquisition company with Columbus Circle Capital Corp., includes $750 million in funding th

Cryptocurrency platform Tron, issuer of TRX token, has finalized a significant agreement with Nasdaq-listed SRM Entertainment that involves a $100 million equity investment and will result in the company's rebranding to Tron Inc. The deal, announced Monday, brings Tron founder Justin Sun aboard as a

The Nasdaq has officially filed a 19b-4 form with the U.S. Securities and Exchange Commission, marking a significant move towards bringing the 21Shares SUI ETF to U.S. markets. The move represents a key moment for Sui, a blockchain network that has recently faced challenges but is now experiencing a

The Securities and Exchange Commission has commenced its review process for a proposed spot Sui exchange-traded fund after Nasdaq submitted the necessary regulatory filing on May 23. The 19b-4 form initiates a formal evaluation period that could extend up to 240 days, with a mandatory decision deadl