Crypto & forex expert with 7+ years experience, MSc in Info Systems, advisor at Iktifa, and content creator with 350K+ followers in the Arabic-speaking world.
📈 Binance Stock Trading Surpasses $1 Billion in 30 Days
Binance announced that users purchased over $1 billion worth of U.S. stocks through its new stock trading platform within the first 30 days of launch.
Launched on June 1, the service offers access to more than 7,000 U.S. stocks and ETFs directly in the Binance app, with fractional investing starting from just $5.
The Federal Reserve continues to support market stability through liquidity injections. After purchasing $40 billion in Treasury bills each month, it has now reduced the pace to $10 billion per month.
Despite the slowdown, ongoing liquidity support remains a positive factor for risk assets, particularly stocks and Bitcoin.
📉 The “Magnificent 7” stocks have lost over $2.3 trillion in market value this month, falling nearly 10% in June — their worst monthly performance in more than a year.
🔄 Investors are rotating into chipmakers and AI-related companies, benefiting from the growing wave of artificial intelligence spending.