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U.S. Stock Market Opens, S&P 500 Index Up 0.2%

2 hours ago

U.S. stocks opened higher on April 16: the Dow Jones Industrial Average rose 0.16%, the S&P 500 gained 0.2%, and the Nasdaq Composite was up 0.17%.
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President Trump Speaks with President Macron, Ceasefire Agreement to be Announced on Thursday Night

April 16 – The Lebanese Presidency said in a statement that Lebanese President Aoun spoke with U.S. President Trump. Aoun thanked Trump for advancing the ceasefire process, while Trump pledged to “meet Lebanon’s ceasefire request as soon as possible.” Per Axios, an Israeli Defense Ministry official noted the ceasefire agreement between Israel and Lebanon could be announced Thursday night local time. “We’re at a crossroads,” the official said. “No conclusion yet, but a result may come today.” (Source: Wall Street News)

9 minutes ago

CertiK: Rhea Finance Exploited, Suffers Loss of at Least Around $7.6 Million

April 16th — Per CertiK monitoring data, decentralized finance (DeFi) protocol Rhea Finance fell victim to an attack, with attackers siphoning at least $7.6 million total. The exploit involved leveraging a flash loan to deploy a fake token contract, injecting liquidity into a new pool, and deceiving the oracle and verification layer to execute the attack.

9 minutes ago

Binance Appoints Thiago Sarandy as Brazil General Manager

April 16 — Binance has named Thiago Sarandy as its Brazil Country Manager, where he will oversee the company’s strategy and operations in the country. Sarandy, who joined Binance in 2022, has been involved in industry communications and developments tied to Brazil’s virtual asset regulatory framework. He brings regulatory, legal and market expertise to the role, having previously served as Binance’s Head of Regulatory and Legal Affairs for Brazil and El Salvador. Binance noted it will continue expanding localized products and use cases in Brazil, including supporting Pix via Binance Pay and offering services like the Binance Mastercard.

9 minutes ago

Federal Reserve Governor Milan: Inclined to Cut Rates Three Times This Year, But Could Be Four

April 16 – Federal Reserve Governor Milan stated Wednesday that the rest of the year may see just three interest rate cuts. While leaning toward three cuts this year, the central bank could also opt for four, he noted. (FX678)

9 minutes ago

The US government transferred 8.2 BTC to Coinbase Prime

On April 16th, the U.S. government deposited 8.2 BTC (valued at roughly $60.6 million) — funds seized from the Bitfinex hack — into Coinbase Prime, per Arkham Monitoring.

9 minutes ago

US Tech Stocks Experience Widespread Decline During Trading Hours, GEMI Falls by 4.29%

April 16: Per Bitget data, U.S. stock indices finished lower in trading today: Dow Jones -0.25%, S&P 500 -0.14%, Nasdaq -0.26%. Crypto-related stocks saw broad declines, with the following moves: Gemini (GEMI) -4.29%, Coinbase (COIN) -3.38%, Circle (CRCL) -3.27%, Bitmine (BMNR) -3.20%, Robinhood (HOOD) -3.18%, Bullish (BLSH) -2.83%, MicroStrategy (MSTR) -2.54%.

9 minutes ago

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