StoneX Group (NASDAQ: SNEX) has reached record highs, with shares climbing above $100 for the first time. The surge reflects strong earnings, revenue growth, and a series of strategic acquisitions.
Bitcoin suffered a sudden flash crash on Sunday after a whale sold 24,000 BTC worth $2.7 billion. The sell-off triggered $550 million in liquidations and briefly erased $100 billion from the crypto market before a partial recovery.
Bullish, a Peter Thiel-backed crypto exchange, is pursuing a U.S. IPO targeting a $4.23 billion valuation. Riding momentum from the GENIUS Act, it aims to attract institutional investors and expand its regulated platform with support from Wall Street heavyweights.
Argentex’s 2025 collapse exposed major flaws in its risk model and governance. A sudden liquidity crisis, triggered by market volatility, forced the FX broker into special administration, shaking confidence in fintech oversight.
The Chinese yuan hit its highest level of 2025 against the US dollar. The surge was driven by central bank support, trade optimism, and better market sentiment. The PBOC set a stronger daily fix. while U.S.-China talks helped ease tensions.