[{"category":{"name":"Trending News","exported_url":"trending-news"},"id":"626862cc-39ef-498a-85ea-e8d8f99d944f","updated_at":"2023-08-16T04:03:17.810624+00:00","account":{"firstName":"Marigold","lastName":"Vance"},"description":"Top stocks & cryptos news of the day - Tuesday August 15, 2023","sapo":"Stock markets slump while the EV markets get heated with the newly listed stock; Increasing retail sales show signs of economic recovery. Crypto markets witness the introduction of new tokens and regulatory updates. Top cryptos gainers: Quiztok, HarryPotterObamaSonic10Inu, PlayDapp, Radix Protocol, UniBot.","title":"Top Financial News Today Tuesday August 15, 2023","content":"

Top stocks news

The Dow dropped by 1.02%, while Nasdaq fell by 1.14%, and the S&P 500 was down by 1.16%. The small-cap Russell 2000 decreased the most among major indices, falling by 1.29%.
VinFast's shares surged on their Nasdaq debut following a $23B backdoor listing. The stock opened at $22, double the agreed price, and closed at $37.06, valuing the EV maker at $85B, exceeding Ford and General Motors' market capitalizations.

***1691518927237529601***

Elon Musk's X platform deliberately slowed down access to links leading to rival social media sites and news organizations, with reports suggesting a noticeable five-second delay on posts from X to websites like New York Times, Reuters, Facebook, Instagram, Bluesky, and Substack.
A Fitch analyst cautioned that major US banks like JPMorgan might face rating reconsideration if the industry as a whole experiences another downgrade.
According to the Commerce Department report, retail sales increased by 0.7% last month, surpassing predictions of a 0.4% growth, indicating the continued strength of the U.S. economy.

Top cryptos news

Jacobi Asset Management introduced Europe's first spot Bitcoin ETF on EuroNext Amsterdam Exchange, targeting institutional Bitcoin adoption. The ETF complies with European regulations, distinguishing it from US efforts.

***1691412244091789312***

The Monetary Authority of Singapore has introduced a revised regulatory framework for stablecoins, aiming to ensure value stability for single-currency stablecoins linked to the Singapore dollar or G10 currencies.

***1691407097248849920***

Zimbabwe's Reserve Bank intends to launch Gold-Backed Digital Tokens (GBDT) for retail transactions, aiming to stabilize the national currency and support a central bank digital currency (CBDC).
Shiba Inu content marketer Lucie unveiled a significant update on the X platform: Alpha Transform Holdings (ATH) is advising a Shiba Inu-focused foundation. This partnership emphasizes the community's autonomous control.

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Top cryptos gainers

1. Quiztok (QTCON)

Quiztok (QTCON) price surged nearly 40% following the effort of Quiztok development team on AI-driven quiz system, the Quiztok NFTs, and the B2B2C business model, which garnered considerable attention for Quiztok, spurring a notable surge in demand.

2. HarryPotterObamaSonic10Inu (BITCOIN)

BITCOIN surged 9% today, marking a 78% increase over the past 7 days, driven by positive investor sentiment and high expectations.

***1691495700062777349***

3. PlayDapp (PLA)

"PlayDapp increased more than 10% in one day as the coin gained attention from the Wintermute Trading (+$350K)

***1690797465765576704***"

4. Radix Protocol (XRD)

XRD surged following the news that Radix's Personas offer Web3 identity and passwordless login, combining on-ledger security with multi-factor features for strong protection during logins and transactions.

***1691171806747492355***

5. UniBot (UNIBOT)

UniBot are getting interest from investors on the launch of UniBot X and UniBot Stake - Smart Staking Pool, which rose on increasing social sentiment for its token

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Top Financial News Today Tuesday August 15, 2023

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