SoftBank and Ark Investment Eye Tether Funding Round

The news that SoftBank and Ark Investment eye Tether funding round has created major ripples in both the financial and crypto industries. According to Bloomberg, SoftBank Group and Ark Investment Management are among the potential investors in discussions to back Tether, the world’s largest stablecoin issuer

U.S. Stocks Rise as Inflation Data Meets Expectations

The U.S. stocks rise as inflation data meets expectations, offering relief to Wall Street after days of declines. On Friday morning, the S&P 500 gained 0.2%, the Dow Jones Industrial Average added 206 points (0.4%), while the Nasdaq composite slipped slightly by 0.1%. Investors welcomed the inflation report