[{"category":{"name":"Trending News","exported_url":"trending-news"},"id":"68f08d4d-e45c-4e7d-9dc9-7de6f3b94956","updated_at":"2023-08-25T07:08:00.62837+00:00","account":{"firstName":"Akash","lastName":"Kashyap"},"description":"The stock market experienced a decline on Thursday due to mixed economic reports, while cryptocurrencies rose in the morning. Top crypto gainers: Komodo, Hifi Finance, Bone ShibaSwap, BakerSwap, dKargo.","sapo":"The stock market experienced a decline on Thursday due to mixed economic reports, while cryptocurrencies rose in the morning. Top crypto gainers: Komodo, Hifi Finance, Bone ShibaSwap, BakerSwap, dKargo.","title":"Top Financial News Today Thursday August 24, 2023","content":"

Top Stocks News

Despite Nvidia's strong earnings, Wall Street slumped on Thursday due to mixed U.S. economic reports, with the S&P 500 falling 1.35%, Dow Jones dropping 1.08%, and Nasdaq tumbling 1.87%.
The 10-year Treasury yield increased to 4.23% from 4.20%. Likewise, the Two-Year Treasury yield saw an uptick, hovering at approximately 5.01%.
The Atlanta Federal Reserve's real-time GDPNow estimate for third-quarter growth has been upgraded to 5.9%, slightly surpassing its earlier 5.8% projection, attributed to recent data releases from the U.S. Census Bureau and the National Association of Realtors.

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Mortgage rates have hit their highest points since 2001, with 30-year fixed-rate mortgages at an average of 7.23% and 15-year fixed-rate mortgages around 6.55%, according to the Freddie Mac survey.

Top Crypto News

Bitcoin and other cryptocurrencies were rising on Thursday morning, following an upbeat mood for risk-sensitive assets.
Solana price rose +4.33%, as the day’s biggest gainer in the top 10, after announcing partnering with Shopify to offer crypto payments with no transaction fees on the e-commerce platform.
The Base and Optimism networks have reached a new agreement on revenue and governance sharing - a move that will enhance both ecosystems.

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Mastercard and Binance will end their partnership programmes in Argentina, Brazil, Colombia and Bahrain, as a sign that Binance’s regulatory woe is a potential liability for its partners.
16 trillion tokens flowed out of the PEPE multisig wallet on its way to addresses associated with Binance, OXK, and Bybit. These weird transfers prompt PEPE price -15% plunge.

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Top cryptos gainers of the day:

1. Komodo (KMD)

KMD price surged more than 52% following the annoucement today that it created AI art that represents the essence of 10 crypto projects listed on Komodo Wallet.

***1694749161424592984***

2. Hifi Finance HIFI

HIFI price went up to 13.5% on the success of Sheet Heads and PooledNFT of Hifi Finance.

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3. Bone ShibaSwap (BONE)

Bone ShibaSwap surged about 12% as the investors keep optimism about the prospect of the BONE as well as other Shiba Coin

4. BakerSwap (BAKE)

BakerSwap (BAKE) rocketed 9.1% to $0.1059 after partnership announcement with Base ecosystem.

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5. dKargo (DKA)

Coin of dKargo entered top crypto gainers of the day with an increase of 8.3% within 24 hours.

","tags":[{"tag":{"tag":"Breaking News","id_tag":"breaking-news"}},{"tag":{"tag":"cryptocurrency","id_tag":"cryptocurrency"}},{"tag":{"tag":"stocks","id_tag":"stocks"}},{"tag":{"tag":"Solana","id_tag":"solana"}}],"image":{"fileName":"Top Financial News Today Thursday August 24, 2023.png"}}]

Top Financial News Today Thursday August 24, 2023

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