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blockonomi.com Adobe (ADBE) Stock: Photoshop Maker Pursues $1.9 Billion Semrush Acquisition

TLDR Adobe is nearing a $1.9 billion deal to acquire Semrush, a software platform specializing in search engine optimization and digital marketing tools. The deal values Semrush at $12 per share, representing a 77.5% premium over its Tuesday closing price of $6.76. Semrush shares jumped 69% in premarket trading following the news, while the company [...] The post Adobe (ADBE) Stock: Photoshop Maker Pursues $1.9 Billion Semrush Acquisition appeared first on Blockonomi.

blockonomi.com Grayscale Set to Launch XRP Spot ETF as Canary ETF Gains Momentum

TLDR Grayscale is converting its XRP Trust into a public XRP Spot ETF, offering broader market access. The Grayscale XRP Trust is currently a private investment vehicle for accredited investors, tracking XRP’s price The newly formed GXRP ETF will provide direct exposure to XRP for retail and institutional investors. The Canary XRP ETF has shown [...] The post Grayscale Set to Launch XRP Spot ETF as Canary ETF Gains Momentum appeared first on Blockonomi.

ambcrypto.com Stocks hold firm as crypto sells off—Why the two markets have suddenly diverged

Key Takeaways How did stocks perform compared to crypto this week? The S&P 500 and Nasdaq maintained their uptrend with controlled pullbacks, while the crypto market crashed to $3.01 trillion. The post Stocks hold firm as crypto sells off—Why the two markets have suddenly diverged appeared first on AMBCrypto.

bitcoinist.com What’s Going On With Saylor’s Bitcoin Strategy, And Is A Collapse Coming?

Michael Saylor’s Bitcoin strategy has been in focus since the recent BTC crash. There have been speculations of what could happen to Saylor’s company, Strategy (MSTR), and its BTC holdings if the flagship crypto continues to crash.  Schiff Predicts Bankruptcy For Saylor’s Strategy Amid Bitcoin Crash In an X post, renowned economist Peter Schiff stated […]