ChainCatcher news, according to Jin Shi reports, the decline in U.S. stocks has widened, with the Nasdaq down over 1%, the S&P 500 index down 0.7%, and the Dow down 0.38%.

ChainCatcher news, the minutes released by the Federal Reserve indicate an increasing uncertainty regarding the outlook for the U.S. economy, leading to a significant drop in U.S. cryptocurrency mining stocks at the close on May 28. Despite the decline in mining stocks, the cryptocurrency market remained unaffected.According to Google Finance data, Riot Platforms (RIOT) closed down 8.32% on May 28, Clean Spark (CLSK) fell 7.61%, and Mara Holdings closed down 9.61%. Meanwhile, the cryptocurrency exchange Coinbase (COIN) also dropped by 4.55%.

ChainCatcher news, Kraken announced a strategic partnership with tokenized stock issuer Backed and the Solana Foundation to jointly launch xStocks, aimed at providing global investors with tokenized investment opportunities in U.S. stocks and ETFs.xStocks will initially deploy digital forms of U.S. listed stocks and ETFs based on SPL on the Solana blockchain, with the first batch of tokenized assets available to selected qualified customers in non-U.S. markets through the Kraken application.Kraken's Global Consumer Head Mark Greenberg stated, "We are reimagining stock investing by providing an open, instant, and borderless investment experience through blockchain technology."

ChainCatcher news, according to Jin10 data, U.S. stocks closed on Friday with the Dow Jones Industrial Average initially down 0.61%, the S&P 500 index down 0.67%, and the Nasdaq down 1%.

ChainCatcher news, according to market data, the three major U.S. stock indexes opened lower, with the Dow down 1.1%, the S&P 500 down 1.2%, and the Nasdaq down 1.5%. U.S. cryptocurrency stocks opened lower across the board, including:Coinbase (COIN) down 1.75%;MicroStrategy (MSTR) down 2.8%;MARA Holdings (MARA) down 5.2%;Riot Platforms (RIOT) down 3.7%;Hut 8 Corp. (HUT) down 3.9%.

ChainCatcher news, according to The Wall Street Journal, the cryptocurrency exchange platform Kraken will launch over 50 tokenized stocks and ETFs, including stocks of Apple, Tesla, and Nvidia, initially in Europe, Latin America, Africa, and Asia.

ChainCatcher news, according to Jinshi reports, Morgan Stanley strategist Michael Wilson stated that due to the recent truce in trade between the U.S. and some countries reducing the likelihood of an economic recession, investors should buy during the decline in U.S. stocks triggered by the downgrade of the U.S. credit rating last Friday.The strategist believes that after Moody's downgraded the U.S. rating, pushing the 10-year Treasury yield above the critical level of 4.5%, the likelihood of a market pullback is greater.However, Wilson wrote in a report: "We will be buyers of this decline." Wilson noted that an encouraging sign is that the corporate earnings season seems to have ended, and the uncertainty around tariffs has not had a significant impact. He stated that even if trade data weakens slightly in the coming months, the recent upward revision of corporate profits indicates that the stock market will continue to rise.

ChainCatcher news, according to The Defiant, the Central Bank of Russia has rated Bitcoin as the best-performing asset in the Russian financial market for April 2025, with a price increase of 11.2% that month. The bank also emphasized that Bitcoin's year-to-date performance is at the top, with a return rate of 17.6%, surpassing stocks, bonds, and gold. Despite a short-term volatility drop of 18.6% from January to April 2025, Bitcoin has been recognized as the best-performing investment product globally since 2022, with a cumulative return rate of 121.3%.In the past year, Bitcoin has been identified by the Central Bank of Russia as the most profitable investment product, with a return rate of 38%. Since 2022, Bitcoin's cumulative return rate has reached 121.3%, significantly outperforming traditional assets such as gold, stocks, and the S&P 500 index. This recognition comes at a time when institutional interest in Bitcoin is at an all-time high.

ChainCatcher message, according to Cointelegraph, the Saudi Central Bank revealed its holdings of Strategy's stocks.

ChainCatcher news, according to CoinDesk, Bitcoin (BTC) and the world's largest publicly traded Bitcoin holder Strategy (formerly MicroStrategy) have both shown technical bullish signals on their price charts, with both daily charts displaying the 50-day moving average crossing above the 100-day moving average, forming what is known as a "golden cross."CoinDesk's chartered market technician Omkar Godbole pointed out that this synchronous signal indicates that the short-term trend is surpassing the long-term trend, potentially signaling the beginning of a major bull market.The bullish signals for BTC align with other technical indicators such as MACD, suggesting that the price movement has the least resistance in the upward direction. However, analysts caution investors that on-chain data shows influential market participants have adopted a cautious stance, with Bitcoin prices facing resistance in the $101,000 - $107,000 range, and may dip below $100,000 in the short term, pulling back to the $98,000 support level.

ChainCatcher news, according to The Block, data from the U.S. Department of Labor shows that the April CPI rose 2.3% year-on-year, lower than the expected 2.4%, while the core CPI remained at 2.8%. The overall inflation rate hit a four-year low and has decreased for three consecutive months. As a result, cryptocurrency-related stocks performed strongly:Coinbase (COIN) stock price rose 16% in a single day to $240Mining companies like Marathon Digital saw their stock prices rise as wellBoth the S&P 500 index and the Nasdaq index experienced gainsAlthough the cryptocurrency market overall fell 3.4% that day (with Bitcoin at $103,200), Nansen analyst Aurelie Barthere pointed out that blockchain stocks might be undergoing a "catch-up rebound," as market risk appetite gradually recovers with easing trade tensions. 21Shares expert David Hernandez believes that the easing of inflation may influence the Federal Reserve's interest rate decision in June.

ChainCatcher news, according to Jinshi reports, U.S. stocks have surged in the short term, with the Dow Jones increasing by 1.27%, the Nasdaq rising by 1.6%, and the S&P 500 index up by 1.2%. Trump stated that it is best to buy stocks quickly now.

ChainCatcher news, according to market data, U.S. cryptocurrency concept stocks generally rose, among which:Coinbase (COIN) rose 4.08%, reported at $204.5;Hut 8 Corp (HUT) rose 3.16%, reported at $13.06;MARA Holdings Inc (MARA) rose 3.64%, reported at $13.81;Riot Platforms Inc (RIOT) rose 3.95%, reported at $8.14;Strategy (MSTR) rose 3.66%, reported at $407.12.

ChainCatcher news, according to Forbes, "Solana's version of MicroStrategy" Canadian-listed company SOL Strategies announced that it has signed a non-binding memorandum of understanding with fintech company Superstat, planning to explore the issuance of tokens representing common stock on the Solana blockchain through the Superstate platform.SOL Strategies stated that this move aligns with its mission to build institutional-grade infrastructure within the Solana ecosystem, aimed at enhancing market transparency and efficiency. However, the project is currently in the preliminary exploration stage and has not yet engaged with Canadian securities regulators or the Canadian Securities Exchange (CSE), with no clear timeline and no specific direct impact on existing shareholders.

ChainCatcher news, according to Bloomberg citing informed sources, Robinhood Markets Inc. is developing a blockchain-based platform that allows European retail investors to trade U.S. tokenized stocks. The joint venture may be launched in partnership with a digital asset company.Informed sources revealed that both Arbitrum and Solana are considering collaboration. One source stated that negotiations are still ongoing and no final agreement has been reached yet.