[{"category":{"name":"Trending News","exported_url":"trending-news"},"id":"ed710aa6-a81c-414e-b2f2-fb0dde346b94","updated_at":"2023-09-14T07:21:19.674732+00:00","account":{"firstName":"Akash","lastName":"Kashyap"},"description":"Mixed Wall Street results amid modest inflation, stable crypto market; FTX approved for $3.4B asset management; Opera Mini and Celo launch mobile wallet; opBNB mainnet live; Coinbase adopts Lightning Network; Top 5 crypto gainers: VTHO, BITCOIN, STMX, HIFI, KAS.","sapo":"Update latest news: Wall Street experiencing a varied close in response to the inflation report, while the cryptocurrency market maintaining its stability. Top crypto gainers in the last 24 hours: VTHO, BITCOIN, STMX, HIFI, KAS. ","title":"Top Financial News Today Wednesday September 13, 2023","content":"

Top stock news:

Stocks on Wall Street had a mixed closing, with the S&P 500 gaining 0.1%, the Dow falling 0.2%, and the Nasdaq composite rising 0.3%. This followed an anticipated report showing a modest increase in inflation.
In the recent session, the real estate sector (XLRE) was the weakest performer, declining by 1.05%. In contrast, the utilities sector (XLU) led the session with a 1.2% gain.
The U.S. 10-Year Treasury yield declined by three basis points to reach 4.26%. Likewise, the Two-Year Treasury yield also dropped, settling at approximately 4.98%.
In August, the Consumer Price Index (CPI) increased by 0.6% from July, reaching an annual rate of 3.7%. Higher energy and home prices were the primary drivers behind the inflationary trend, exceeding both expectations and the Fed's target.

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Core CPI, excluding food and energy, rose by 0.3% in August, up from July's 0.2% increase. Over the past year, it increased by 4.3%, in line with expectations. Energy prices fell by 3.6% annually, while food prices rose by 4.3%.

Top crypto news:

BTC is trading at about $26,100, ETH at $1,600, with a stable global crypto market cap at $1.08 trillion. DeFi Total Value Locked is around $37 billion, and BTC dominance is at 50%.
FTX gets court approval to manage $3.4 billion crypto assets during bankruptcy, allowing sales and financial strategies for creditor repayment, amid objections.

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Opera Mini is partnering with the Celo Blockchain to launch MiniPay, non-custodial wallet, integrated into its mobile web browser, aimed at African users.

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BNB Chain developers have launched opBNB's mainnet after extensive testing with over 35 million on-chain transactions and 150+ deployed dapps.

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Coinbase CEO Brian Armstrong has confirmed that the platform will support the Lightning Network, a significant development for Bitcoin's faster transaction capabilities and its potential for use in payments.

Top 5 crypto gainers today:

1. VerThor Token (VTHO)

VeThor Token's price surged by over 30% today, attributed to its recent listing on Coinbase, marking a continued winning streak for the cryptocurrency.

2. HarryPotterObamaSonic10Inu (BITCOIN)

The token's price rose 23% after the Twitter announcement that Larry Sinclair's interview on Spaces, discussing Obama-related allegations, would be hosted on Official HarryPotterObamaSonic10Inu Spaces.

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3. StormX (STMX)

The price of STMX surged by more than 20% following the product update that introduced the Global Shop Directory in the StormX Shop app.

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4. Hifi Finance (HIFI)

HIFI experienced a 20% increase as the cryptocurrency expands its collaboration efforts, generating excitement among investors.

5. Kaspa (KAS)

Kaspa's price rose by 11% due to users' ability to withdraw and pay in KAS via NOWPayment and swap KAS on ChangeNOW, coupled with positive media coverage in Turkey.

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","tags":[{"tag":{"tag":"stocks","id_tag":"stocks"}},{"tag":{"tag":"cryptos","id_tag":"cryptos"}},{"tag":{"tag":"News","id_tag":"news"}}],"image":{"fileName":"top financial news sept.13.png"}}]

Top Financial News Today Wednesday September 13, 2023

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