Shareholders of Chaince Digital Holdings, a crypto treasury firm, will decide Monday whether to increase the company’s authorized ordinary shares from 1 billion to 20 billion and give its board broad reverse-split authority. The vote comes days after Chaince established an at-the-market program allowing up to $300 million of stock sales. Approval would give the
Foreign investors sent a net $133.5 billion into US financial markets in June. During the same month, they sold $29 billion of Treasury bills. Those numbers describe two different tides in the same month. Most of the incoming money went into US stocks, while demand for government debt was much weaker. Foreign buyers purchased $181.4
Circle now has a federal bank charter. However, the charter provides no ordinary checking accounts, FDIC-insured savings accounts, or mortgages. Circle National Trust is part of a new federal cohort built around custody, fiduciary administration, stablecoin reserves, and settlement. Ripple, BitGo, Fidelity Digital Assets, Paxos, Bridge, Crypto.com, Coinbase, Morgan Stanley and World Liberty Financial have
A new Federal Reserve Bank of Cleveland working paper offers a provocative explanation for why cryptocurrency behaves so differently from traditional financial assets: Americans who buy crypto don’t simply have different demographics or risk appetites, they have radically different beliefs about digital assets’ future returns. The finding could help explain both crypto’s persistent volatility and
Kiyosaki Calls Treasury Buybacks Money Printing Renewed concern about the dollar prompted Rich Dad Poor Dad author Robert Kiyosaki to endorse scarce assets after characterizing expanded U.S. Treasury debt buybacks as quantitative easing. In an Aug. 22 post on X, he linked the policy change with inflation risks and urged followers to favor bitcoin, gold,
The five-day run in spot crypto ETF flows is becoming harder to dismiss as a one-off asset rotation. Spot Bitcoin ETFs pulled in $307 million in net inflows on August 21, while spot Ethereum ETFs added $185 million, according to the original report from WuBlockchain. Both product categories have now posted five consecutive sessions of
Ether ETFs Add $184.93M as Demand Stays Strong Wall Street’s crypto bid held firm through the closing bell. After a week of relentless buying, bitcoin ETFs finished Friday with another substantial inflow and pushed combined assets to $96.07 billion. Ether funds enjoyed their own five-day winning streak, while demand for $XRP and solana accelerated into
RocketFuel Blockchain transferred substantially all assets used in its payments business to RPay, whose sole director and CEO, Peter M. Jensen, also serves as a RocketFuel director and executive officer. The related-person deal closed Aug. 13 and was disclosed in an Aug. 21 regulatory filing. RocketFuel said the assets used primarily in payments included intellectual
ZeroStack’s Aug. 21 resale registration puts a shareholder vote between the company and 36.2 million new shares tied to its MemeCore acquisition, a warrant block larger than its current outstanding stock. The company completed the transaction on Aug. 19, acquiring 925,925,926 MemeCore M tokens in exchange for 3.5 million common shares and pre-funded warrants covering