StableStock launches public beta to bring tokenized stocks on-chain for emerging markets
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Daily Bits
Aug 6, 2025
3 min read
Daily top performer — Illuvium (ILV)
The S&P 500 dipped 0.49% as weak services data and Trump’s new tariff threats raised stagflation fears, while investors awaited more earnings. Gold rose 0.20% to $3,381 as weak US jobs and services data boosted Fed rate cut expectations. Political uncertainty and rising tariffs added to safe-haven demand, with prices eyeing the $3,400 level. The Coindesk Indices, which tracks the broader crypto market, down 2.78%, with Bitcoin and Ether down 0.98% and 3.45%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is ILV, up 19.7% following the launch of Illuvium Pro League 2025 with a $250K prize pool and open qualifiers.