China News Daily TheBitTimes.com

Shares in Bullish, the crypto trading platform and infrastructure provider backed by Peter Thiel, surged 5% after the firm’s quarterly results beat analysts’ expectations and the company secured regulatory approval to expand its US operations. Bullish’s stock price continued to gain in the pre-market trading session, with another 2% rise during this period, data from Google Finance shows .  Bullish stock price (Source: Google Finance) That’s after the company made its public market debut on Aug. 13. On its first trading day, Bullish stock opened with a price of $37 per share. It briefly spiked on the day, but closed the debut trading session off at $68.  One of the investors in the Bullish IPO was Cathie Wood-led ARK Invest. The company has backed the digital platform since it went public. In its latest trade notification, ARK Invest disclosed that it bought more Bullish shares across two of its ETFs (exchange-traded funds). The asset manager ...

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VeChain (VET) is currently one of the best-performing cryptocurrencies in the daily charts. The asset is up 9.7% in the last 24 hours. Bitcoin (BTC), on the other hand, is up by just 1.9% in the same time frame, while Solana (SOL) is up by 6.3%. Despite the recent price spike, VET is down 5.3% in the weekly charts, 6.5% in the 14-day charts, and 29.5% over the previous month. VET has maintained gains from January 2024, rallying 29.6% in the yearly charts. Source: CoinGecko Also Read: 23 Countries Show Interest To Join BRICS in 2025 Why Is VeChain Rallying? Source: Watcher Guru The cryptocurrency market seems to be regaining some momentum after its recent correction. Bitcoin (BTC) has reclaimed the $95,000 mark once again. Investor confidence seems to rise as we move closer to President-elect Donald Trump’s inauguration on Jan. 20, 2025. The development may have led to VeChain (VET) experiencing a price bump. The recent correction was likely due to inflation in the US rising to 2.7...