Strive’s (ASST) perpetual preferred stock, SATA, closed at $99.65, its highest close since June 18, when it last traded at its $100 par value. SATA subsequently fell as low as $79 but has since rebounded by 25%.
Meanwhile, STRC closed above $95, its highest level since June 12 and up 34% from its $71 low.
Cronos (CRO), the native utility and governance cryptocurrency of the Cronos blockchain and the Crypto.com ecosystem, has surged by nearly 5% to 5 cents since midnight UTC.
That’s the best performance since July 16 when the token spiked 10%.
The latest bounce from record lows follows news that Crypto.com is rolling out tokenized equities, facilitating exposure to U.S. stocks through its own app.
Users can access 1,500 underlying stocks and funds for as little as $1.
Bitcoin is trading near $62,800, a key level at the lower edge of the Ichimoku cloud on technical charts.
A break below this point would push prices under the cloud, which is seen as a bearish signal for the market.
The Ichimoku cloud is a technical analysis tool created by Japanese journalist Goichi Hosoda and published in the 1960s. It helps traders quickly spot trends, support, resistance, and momentum through a shaded area on the chart.
Crossovers above and below the cloud are said to represent bullish and bearish trend reversals.
Gemini (GEMI) shares fell 5% in Friday pre-market trading after second-quarter results exposed continued weakness in its core exchange business. Revenue rose 37% to $45.5 million, driven by services, while exchange revenue slid 38%. The company reported a $107.7 million net loss
Bitcoin fell below $63,000 as rising oil prices and bond yields weighed on risk assets.
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