PYMNTS-MonitorEdge-May-2024

stock market

A stock market, equity market or share market is the aggregation of buyers and sellers of stocks, which represent ownership claims on businesses; these may include securities listed on a public stock exchanges.

Source: en.wikipedia.org

Collapse of Crypto Lending Platform Celsius Points to Bigger Problems
Collapse of Crypto Lending Platform Celsius Points to Bigger Problems
June 17, 2022  |  Cryptocurrency

On June 13, a month after a stablecoin’s collapse sent the crypto market into a dive, crypto lender Celsius — known for offering investors up...

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2022’s Great FinTech Refocus Will Usher in New Names and Priorities
2022’s Great FinTech Refocus Will Usher in New Names and Priorities
June 17, 2022  |  Investments

Were FinTechs overvalued as 2021 ended and 2022 kicked off? In some cases, certainly. That’s brought us to the brink of the great FinTech refocus...

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FinTech IPO Index Plummets 13%, Worst Weekly Showing This Year
FinTech IPO Index Plummets 13%, Worst Weekly Showing This Year
June 16, 2022  |  IPO

Perhaps the best thing that could be said about this terrible, no good, lousy week is that … it could’ve been worse. The 13.5% slide...

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Robinhood’s Cash Pile Eroding as Shares Slide to New Lows 
Robinhood’s Cash Pile Eroding as Shares Slide to New Lows 
June 16, 2022  |  Investments

The pandemic-driven heyday is over for no-fee online stock trading startup Robinhood, whose market value is eroding as quickly as the cash on its balance...

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Coinbase Cuts Staff by 18% Ahead of ‘Crypto Winter’
Coinbase Cuts Staff by 18% Ahead of ‘Crypto Winter’
June 14, 2022  |  Cryptocurrency

Coinbase will cut 18% of its full-time positions as the cryptocurrency exchange is faced with a precipitous drop in both its stock price and the...

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Stablecoins’ Wobbly Dollar Pegs Add to Crypto Market Chaos
Stablecoins’ Wobbly Dollar Pegs Add to Crypto Market Chaos
June 13, 2022  |  Cryptocurrency

A pair of stablecoins broke the buck over the last 24 hours as inflation-fueled economic worries fueled a broader crypto market collapse that saw bitcoin...

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Bitcoin’s Potential as ‘Digital Gold’ Loses Luster as Price Plummets
Bitcoin’s Potential as ‘Digital Gold’ Loses Luster as Price Plummets
June 13, 2022  |  Cryptocurrency

As bitcoin collapsed over the weekend, dropping nearly 14% in just 24 hours to below $24,000 in the morning Monday (June 13), it’s impossible to...

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Digital Platforms Give Boost to IPO Index as Weekly Gains Top 3%
Digital Platforms Give Boost to IPO Index as Weekly Gains Top 3%
June 09, 2022  |  IPO

Two weeks of gains in this stock market kind of feels like a winning streak. To that end, the FinTech IPO Index surged by 3.6%...

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Affirm’s Plummet Could Portend Trouble for BNPL Space
Affirm’s Plummet Could Portend Trouble for BNPL Space
June 08, 2022  |  BNPL

Buy now, pay later (BNPL) has been around in some format for a very long time, but the current version hit the financial scene somewhere...

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