Yesterday’s US inflation data increased interest rate concerns in global markets. The US September consumer price index (CPI) came in above market expectations, negatively impacting market sentiment across risky assets, including Bitcoin, cryptocurrencies, and equities, due to fears of further interest rate hikes. However, markets believe a pause in interest rates this month is the
Ondo has emerged as a leader in the tokenized ETF market, issuing $325.7 million of a total $686.5 million. This information comes from a recent tweet by @tokenterminal, which highlights the impressive growth and concentration of market power among the top issuers. The significant presence of Ondo and its competitors signals a notable trend in
Companies are pouring so much money into data centers that power artificial intelligence (AI) that any attempt to slow it could hurt the U.S. economy, not just the stock market. Larry Fink, CEO of BlackRock, the world’s largest asset manager, made that clear Wednesday in a CNBC interview, while also warning about the burgeoning national
Peter Schiff, CEO of Euro Pacific Capital, issued a new warning to Bitcoin (BTC) investors. Schiff argued that a sharp decline in financial markets is possible and advised investors to sell Bitcoin and invest in gold. Speaking on social media platform X, Schiff stated that he did not understand why the price of Bitcoin had
Four Korean Deals Take Ripple Beyond Cross-Border Payments Cross-border payments and government bond settlement anchor Ripple’s growing Korean institutional network, which now extends into the securities industry. The blockchain infrastructure provider outlined that expansion when it announced its Oct. 14 custody and tokenization partnership with Meritz Securities, identifying the South Korean securities firm as its
Anthropic has told prospective investors that its Q3 revenue reached about $16.8 billion and that it had turned an adjusted profit. The figures were disclosed at a private pre-IPO meeting as the AI company prepares for a public offering that could value it at over $2 trillion. The numbers behind the jump Anthropic’s third-quarter revenue
Tempo, a blockchain for stablecoin payments, said on Oct. 14 that payroll platform Deel is the first customer using its Zones privacy system in production, keeping contractor balances and payout history out of public view. According to Tempo’s Deel case study, the payroll company’s treasury deposit into its Zone remains visible on the public network.
Government Bitcoin [$BTC] holdings have declined in 2026, falling from 647,231 $BTC at the beginning of the year to 645,596 $BTC – a reduction of 1,635 $BTC. In this, Bhutan recorded the sharpest decline, with its tracked holdings dropping 91% from 5,984 $BTC to 518 $BTC. Meanwhile, Kazakhstan and El Salvador are the only governments
Bitcoin fell below $82,000 on Wednesday, October 14, after the U.S. Bureau of Labor Statistics reported that consumer inflation accelerated to 3.7% in September, up from 3.4% in August. The September CPI report showed prices rising 0.6% on the month, led by a 9.1% jump in gasoline, and the hotter-than-expected reading cooled expectations for near-term
The average cost basis for Bitcoin holders of six to twelve months sits at $88,000, while the one-to-two-year cohort averages $100,000. U.S. spot Bitcoin exchange-traded funds (ETFs) recorded cumulative net outflows of $760 million starting October 7. Realized losses by long-term holders dropped 85% from their peak recorded on August 12. Between $88,000 and Bitcoin