Stock Market

A bitcoin company affiliated with President Donald Trump's two eldest sons more than doubled its value during its stock market debut, signaling strong investor interest in the crypto sector.

Eightco Holdings announces plans to acquire Worldcoin, co-founded by OpenAI CEO Sam Altman, backed by a $270 million private placement. The company aims to use Worldcoin as its main treasury asset, signaling a significant shift in its crypto strategy. The stock ticker is set to change to ORBS post-deal closure.

A recent study reveals that the Bitcoin-to-gold ratio positively impacts U.S. stock market returns during and after the COVID-19 pandemic, highlighting increased investor risk appetite and stronger crypto-stock market integration.

Bullish has increased its IPO size to $990 million, aiming for a $4.8 billion valuation. The crypto platform plans to offer 30 million shares priced at $32 to $33 on NYSE under the ticker 'BLSH', attracting major investors like BlackRock and ARK Investment Management.

On August 1, 2025, major U.S. stock indices fell sharply due to disappointing employment figures and fresh tariffs announced by President Trump. This downturn pressured interest rates and impacted the cryptocurrency market, with Bitcoin and major crypto stocks experiencing significant declines.

Justin Sun's Tron blockchain is going public by merging with Nasdaq-listed SRM Entertainment, renaming it Tron Inc., and securing a $100 million private investment. This move highlights the growing trend of crypto firms entering public markets and underscores Tron's significant role in the stablecoin ecosystem.