The Smarter Web Company has raised £10 million ($13.2 million) in the initial public offering (IPO) of its new preferred shares, which start trading on the London Stock Exchange’s Main Market under the ticker MORE at 8:00 a.m. on Wednesday, October 14. That is £5 million ($6.6 million) below the bottom range in the company’s
Bitcoin defended the critical level of $81,300 last week, a move that has drawn significant attention from traders. With the upcoming Consumer Price Index (CPI) data set to release this Wednesday, market participants are closely monitoring how it might affect ETF buying behavior. Insights from a recent tweet by @bitfinex highlighted the importance of these
Strategy bought another 250 Bitcoin for $21.5 million during October 5–11, according to its latest update. It also spent $192.4 million repurchasing STRC preferred shares, while MSTR stock traded near $151 on October 12. The transactions indicate how the company split its spending between Bitcoin acquisition and share buybacks. However, for investors of MSTR, this
On Sunday, the 11th of October, Bitcoin [$BTC] bounced 1.68% to reach a local high of $84,199. The $84.5k local resistance was not tested. Across the crypto market, the past 24 hours saw $208.64 million in liquidations, $148.79 million of them positioned short. Short squeeze and opportunistic buy wall behind Sunday’s move Bitcoin faced $50.86
Two tokenized funds from CMCC Global now have capital raises open on Bitfinex Securities, each offering a dollar- or Bitcoin-denominated strategy built around quantitative trading gains rather than direct bets on crypto price movements. The offerings cover Crest Fund and Liberty Bitcoin Accumulation Fund (LBAF). Key takeaways Eligible investors can subscribe through October 29. Crest
Bitcoin is currently positioned between significant support at $81,300 and resistance at $84,340, according to a recent tweet from Bitfinex. This technical setup is crucial, especially with Wednesday’s Consumer Price Index (CPI) data looming, which could influence market sentiment and price direction. The outcome of these dynamics will be vital for traders looking to gauge
THORChain’s weekly swap fees recovered to about 423,216 $RUNE-equivalent in the seven days through Oct. 11, but remained 84% below the late-September surge. The cross-chain exchange collected 2.64 million $RUNE-equivalent in Sept. 25–Oct. 1 before fees plunged to 236,815 in Oct. 2–8, according to The Defiant’s calculations from Midgard’s earnings history. That 91% decline left
A new report from Stripe-backed blockchain Tempo argues that a proposed US accounting change could remove a major barrier to corporate stablecoin adoption by allowing qualifying tokens to be classified as cash equivalents on company balance sheets. The report examines an Accounting Standards Update the Financial Accounting Standards Board (FASB) proposed in August that could
Bitcoin has closed above its 50-week moving average for four weeks in a row. Analyst Ash Crypto sees that as a sign the bottom is in, yet the average still slopes down, and Bitcoin sits about a third below its all-time high. Bitcoin Holds Above a Falling 50-Week Average “Historically, this means the bottom is