Group 1: Robinhood Performance - Robinhood shares surged over 12% to an all-time high, driven by CEO Vlad Tenev's announcement of surpassing 4 billion event contracts traded on its prediction markets [4][9] - Analysts from Piper Sandler cited the growth in prediction markets as a reason for raising their price target on Robinhood's stock [4] Group 2: Market Overview - Major U.S. equities indexes experienced modest gains, with the S&P 500 advancing 0.3%, the Dow increasing by 0.2%, and the Nasdaq rising by 0.5% [3] - The overall market sentiment was influenced by the potential implications of a government shutdown later in the week [3] Group 3: Other Notable Stock Movements - Shares of Western Digital rose by 9.2% following price target increases from Morgan Stanley and Rosenblatt Securities, attributed to growing demand for hard drives in support of artificial intelligence [5] - Coinbase Global's shares gained 6.8% as the price of Bitcoin and other major cryptocurrencies increased, with regulatory clarity around crypto being advocated by SEC Commissioner Hester Peirce [6] - AppLovin's shares jumped 6.3% to a record high after Morgan Stanley raised its price target, highlighting the upcoming launch of Axon Ads Manager [7] Group 4: Negative Stock Movements - Shares of Vistra fell by 4.5% after announcing a power supply agreement for its Comanche Peak nuclear facility, raising concerns due to a lack of information about the buyer [11] - Carnival's shares dropped 4% despite reporting strong bookings, as the company issued a lower-than-expected forecast for net yields [12] - Williams-Sonoma's shares sank 4.7% following President Trump's announcement of potential tariffs on imported furniture, negatively impacting businesses reliant on imports [10]

According to Bloomberg, Kraken is in late-stage talks with a strategic investor to raise $200 million to $300 million in funding that would value the crypto exchange at approximately $20 billion. The funding has not been finalized and remains subject to market conditions. It would follow Kraken’s recent $500 million raise at a $15 billion valuation, according to people familiar with the matter. https://t.co/9hBLZLDzAC ...

Kraken is in advanced talks to raise new funding that could value the crypto exchange at about $20 billion, as the company steps up capital-raising efforts ahead of a potential public listing https://t.co/W7d2Y3g75N ...

Crypto exchange Kraken has completed a $500M funding round at a $15B valuation. The round had no single lead investor and was structured by Kraken itself. Participants included investment firms, venture capital funds, and CEO Arjun Sethi’s Tribe Capital, with Sethi also investing personally. The funds will support Kraken’s expansion and IPO plans, with the company currently targeting a 2026 listing.https://t.co/cO61JDc4Ld ...

Market Trends - Crypto exchange Kraken's survey reveals that Americans are prioritizing trust in the decentralized crypto industry [1]

Market Overview - BNB, the token for the BNB Chain, experienced a decline of over 2% in the last 24 hours amid a broader downturn in the cryptocurrency market [1] - The Crypto Fear and Greed Index is currently at 41, indicating a neutral sentiment close to fear, while the average crypto relative strength index (RSI) suggests oversold conditions [1] Price Movement - BNB's price fell from $1,025 to just under $1,000, with resistance forming near $1,035, while the CoinDesk 20 (CD20) index dropped by 3.7% [2] - BNB traded within a range of $49 over the past 24 hours, with a low of $993 and strong resistance just above $1,030 [4] - Support levels held firm around $987, with a brief recovery pushing the price from just below $990 to near $994 [4] Transaction Fee Proposal - BNB Chain validators proposed to reduce gas fees from 0.1 to 0.05 gwei, which would lower average transaction costs to approximately $0.005 and improve block speeds from 750 milliseconds to 450 milliseconds [2] - This proposal comes as on-chain trading activity is increasing on the BNB Chain, particularly following the launch of the decentralized trading platform Aster, which has surpassed Hyperliquid in daily perpetual trading volumes [3] Trading Dynamics - Trading volume indicates a shift from aggressive selling to slower accumulation, with support consolidating near $989 and resistance emerging just under $996 [4]

Naver saw its shares surge 11.4% on Thursday following a filing from the South Korean internet giant that it’s in talks for a share swap with Dunamu, the operator of Upbit, the country’s largest crypto exchange. https://t.co/3CgEAFN8Xl ...

Naver shares jumped as much as 11% after a report that the company’s fintech unit is pursuing a takeover of the operator of South Korea’s biggest crypto exchange. https://t.co/tGVWGbu6uo ...

South Korea’s largest crypto exchange Upbit announced it will list XPL with KRW, BTC, and USDT trading pairs.https://t.co/Zc0ephpiKx ...

🏀 NEW: The Philadelphia 76ers will wear crypto exchange Crypto․com patch on their new throwback jerseys this season. https://t.co/P5X8cSZlP4 ...