Stocks

New York Community Bancorp Shares Tumble After Earnings Miss, 71% Dividend Cut
The bank took over defunct Signature Bank's non crypto-related deposits last year.

Crypto-Linked Stocks Rise With Bitcoin as Analyst Says 'Not The Time to Turn Bearish'
Miners such as Core Scientific (CORZ), Hut 8 (HUT) and TeraWulf (WULF) were among the outperformers.

Bitcoin, Asian Stocks Drop as Traders Pare March Fed Rate Cut Bets
Friday's payrolls will likely compel the Fed to maintain flexibility in its policy decisions going forward, one observer said.

Coinbase, Bitcoin Miners Extend Gains as BTC Surges on BlackRock ETF Hopes
Shares of Coinbase (COIN), MicroStrategy (MSTR) and Marathon Digital (MARA) climbed more than 13% as bitcoin (BTC) topped $34,000.

Bitcoin Mining Stocks Rally as BTC Holds Above $30K Despite Looming Halving Concerns
The reward for mining new BTC will be cut in half soon, making it hard for less-efficient operators to survive.

Crypto Bank Xapo Snags European Broker License, Will Offer Stocks Like Apple
The Markets in Financial Instruments Directive (MiFID) license will soon allow the firm to offer S&P 500 stocks. In addition, Xapo, which has always been bitcoin-only, plans to add Ethereum’s ETH.

Crypto Exchange Kraken to Explore Stock Trading: Bloomberg
The service could launch as soon as 2024, Bloomberg reported, citing a person familiar with the matter.

Bitcoin Slides Back Towards $26K as Surging Interest Rates Trigger Macro Jitters
The U.S. 10-year Treasury yield rose another nine basis points Wednesday to a new 16-year high of 4.63%.

Public Mining Companies Offer Better-Than-Bitcoin Price Exposure in 2023
Core Scientific (CORZ), Riot Blockchain (RIOT), Bitfarms (BITF), Iris Energy (IREN) and CleanSpark (CLSK) have performed better than BTC this year, as this chart shows.

BlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred
Larry Fink, CEO of the world’s biggest asset manager, says crypto could “revolutionize finance,” endorsing an industry he once viewed with skepticism. But the very nature of an ETF is at odds with the original ideals of Bitcoin.

