NASDAQ implied correlation reaches record low, and that might be a problem

Ripple-backed Evernorth Holdings has filed an amended registration statement with the U.S. Securities and Exchange Commission as it moves forward with a merger backed by more than $1 billion in committed capital to create a Nasdaq-listed XRP treasury company. According…

OpenPayd's Nasdaq listing could accelerate the integration of traditional finance with digital assets, reshaping global payment systems. The post Fintech infrastructure firm OpenPayd to list on Nasdaq through SPAC merger valued at $1.1B appeared first on Crypto Briefing.

The post Markets Diverge: Nasdaq Soars to Records While Bitcoin (BTC) ETFs Bleed $2.97B appeared on BitcoinEthereumNews.com. TLDR Spot Bitcoin ETFs in the United States experienced an unprecedented 10-day withdrawal period, shedding $2.97 billion from May 15 through May 29 Bitcoin dropped 4.6% across seven trading days, settling at $73,397; major altcoins including Ethereum, Solana, and Tron similarly retreated Equity markets reached unprecedented levels fueled by Nvidia’s expansion into portable computing and SoftBank’s artificial intelligence portfolio gains Crude oil surged past $93 per barrel as diplomatic negotiations with Iran stagnated and shipping route concerns intensified Hyperliquid’s HYPE token bucked the trend with an 18.7% weekly surge, supported by its newly launched ETF’s unbroken inflow streak Digital assets faced significant headwinds throughout the previous week as spot Bitcoin exchange-traded funds in the United States logged their most extended withdrawal period ev

Record S&P 500 and Nasdaq highs and May outflows from U.S. spot Bitcoin ETFs explain BTC’s lag. Drivers, trade-offs, and steps to navigate the shift.

MEXC's RealStocks could redefine access to US equities for crypto users, potentially bridging financial ecosystems and expanding market participation. The post MEXC launches RealStocks for US stock trading on NYSE and NASDAQ appeared first on Crypto Briefing.

The post Coinbase makes a major play for India’s booming $3 billion crypto market with local currency launch appeared on BitcoinEthereumNews.com. Nasdaq-listed Coinbase exchange announced Monday a major market move: the launch of direct rails for Indian rupees (INR). Starting June 1, 2026, the exchange’s Indian customers can deposit and withdraw rupees directly from their bank accounts via the Immediate Payment Service (IMPS), a move designed to eliminate the need for intermediaries and simplify the often-clunky process of entering the crypto market in the region. For a long time, Indians have had to rely on Peer-to-Peer (P2P) markets or third-party intermediaries to fund their crypto accounts. This method can be slow and, at times, risky, often leaving vulnerable users to payment scams or the sudden freezing of their bank accounts by law enforcement due to suspicious fund trails from unknown counterparties. Coinbase is bypassing that by integrating directly with the Immediate Payment

The post Binance Loses $1.2B in Stablecoin Outflows as Crypto Liquidity Dries Up in May appeared on BitcoinEthereumNews.com. TLDR: Binance recorded $1.2B in net stablecoin outflows in May, reversing two months of positive inflows. Bitcoin dropped 3.5% in May while the S&P 500 and Nasdaq posted gains of 5.15% and 10.5% respectively. Binance stablecoin reserves have fallen from $51B to $44B since November 2024, a decline of 13.7%. Analysts describe Bitcoin’s current rebound as technical, not backed by consistent liquidity-driven momentum. Binance stablecoin outflows reached approximately $1.2 billion in May 2025, marking a sharp reversal from the two prior months of positive inflows. This shift came even as traditional equity markets posted strong monthly gains. The S&P 500 rose 5.15%, while the Nasdaq climbed 10.5%. Bitcoin, however, closed the month down 3.5%, reflecting a disconnect between crypto and equities. Liquidity is not flowing into the digital asset market at this time. Crypt

The post If you invested $1,000 in SanDisk stock one year ago, here’s your return now appeared on BitcoinEthereumNews.com. SanDisk (NASDAQ: SNDK) stock has emerged as one of the market’s biggest winners over the past year, rewarding investors who capitalized on the firm’s venture into artificial intelligence infrastructure and high-performance data storage solutions. Notably, by press time, SanDisk stock was trading at $1,694, having gained 4,440% over the past year.  SNDK one-year stock price chart. Source: Google Finance This translates to a return of about $45,400 for investors who invested $1,000 in the stock a year ago, bringing the total investment profit to $44,400. The main driver behind SanDisk stock’s rally has been booming demand for AI infrastructure. The company became an independent public entity in February 2025 after separating from Western Digital, creating a pure-play NAND flash and SSD business at a time when AI-related storage demand was accelerating. Since the spin