S&P 500 Earnings Optimism: Can Raised Targets Survive Slower Summer Liquidity?
Higher Wall Street targets depend on earnings strength, AI spending and consumer resilience while rates and oil keep pressure on valuations.
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DTCC’s tokenization plans on Stellar put XLM back in focus as Wall Street tests public blockchain rails for regulated assets.
Read full articleHigher Wall Street targets depend on earnings strength, AI spending and consumer resilience while rates and oil keep pressure on valuations.
Bitcoin's price declines as almost the complete entirety of altcoins is trading in the red.
The post XLM Jumps 14% as Stellar Reclaims Long-Term Channel Midline appeared on BitcoinEthereumNews.com. Stellar (XLM) surged more than 14% in the past 24 hours. The move reclaimed the midline of its long-term parallel channel. Price also broke above a key descending trendline. The Layer 1 network is now trading near $0.169 with a market capitalization above $5.6 billion. Multiple charts point to follow-through. X traders are already calling for a path to $0.60 on the weekly timeframe. Four-Hour Chart Breaks Descending Trendline The four-hour XLM chart shows a clean break above a descending trendline. That trendline ran from the April 21 swing high near $0.185. The move came on a sharp volume spike. The largest green candle of the recent range pushed price back above $0.165. XLM 4-hourly chart / Source: TradingView The Relative Strength Index (RSI) reads close to 75. That sits in overbought territory and suggests the rally may be short-term extended. The Moving Average Convergence Div
BIS tokenization work has cleared its atomic settlement prototype phase and will graduate to real-value cross-border payment trials. BIS tokenization work has cleared its atomic settlement prototype phase and will graduate to real-value cross-border payment trials. The Bank for International…
The post SoFi brings bank-issued stablecoin to 15 million users in crypto push appeared on BitcoinEthereumNews.com. SoFi has rolled out its dollar-backed stablecoin, SoFiUSD, to users of its banking app, becoming the first U.S. national bank to offer a stablecoin directly to retail customers on a public blockchain. The company said Wednesday that nearly 15 million members will be able to buy, sell, hold and convert SoFiUSD within the SoFi app. The stablecoin is available on Ethereum (ETH) and Solana (SOL) and is redeemable 1:1 for U.S. dollars through SoFi Bank. The launch marks a broader push by banks into blockchain-based payments as lawmakers and regulators move closer to establishing rules for stablecoins in the U.S. Stablecoins are digital tokens designed to maintain a fixed value, usually pegged to the dollar. The market is currently dominated by crypto-native issuers Tether’s USDT and Circle’s USDC, which are widely used in crypto trading and decentralized finance. SoFi said it
The post Why XLM Is Back on Derivatives Desks appeared on BitcoinEthereumNews.com. XLM has quietly re-entered the conversation on derivatives desks. Not because of a meme cycle, but because Stellar’s original pitch—fast, compliant-friendly payments—has edged back into the crypto spotlight alongside new smart-contract capabilities. For professional traders, that combination means liquidity, narratives, and event catalysts. For builders, it means real-world rails like USDC cash-in/cash-out and anchors. For everyone else, it means revisiting a payments chain that never chased maximum hype, yet kept shipping. This piece unpacks why XLM is back on the risk desk, how to evaluate the setup without rose-tinted glasses, and what to monitor on-chain and in derivatives markets if you’re considering exposure. Point Details Payments narrative returns Stellar’s low-fee, fast-settlement design and real-world on/off-ramps have renewed relevance as stablecoin transfers and remittances grow.
The post Are central banks ready to move tokenization from simulation to real money? appeared on BitcoinEthereumNews.com. A Bank for International Settlements-led trial has shown that tokenized central bank money and bank deposits can complete cross-border payments in a single atomic step across currencies. Summary Project Agorá has shown that tokenized central bank reserves and bank deposits can settle cross-border payments atomically across currencies. More than 40 private institutions and seven central banks have joined the BIS effort, which has now moved toward real-value transaction tests. Separately, the BIS has warned that stablecoins and crypto exchange “earn” products can expose users to unsecured repayment risk. According to the Bank for International Settlements (BIS), Project Agorá has tested how tokenized central bank reserves and commercial bank deposits can settle transactions on an “all-or-nothing” basis, so neither side is left exposed if the other leg fails. Project A
The surge in CDS activity highlights growing concerns over tech sector debt, potentially impacting financial stability and investment strategies. The post Wall Street hedges against Big Tech as CDS activity surges to record levels appeared first on Crypto Briefing.