London’s once-prized IPO market has slumped to its weakest level in three decades, even as the US enjoys a resurgence powered by crypto and AI listings. The contrast reflects a structural realignment in global capital flows, with new-economy sectors choosing New York over London as their preferred launch pad. London IPO Market Stumbles to a
Bitcoin, Ethereum, and the overall crypto market remained calm ahead of a speech by US Federal Reserve Chair Jerome Powell in Jackson Hole. Bitcoin Holds at $113,000 Ahead of Jackson Hole Bitcoin fell 0.74 percent in the last 24 hours to $112,018, while Ethereum fell 0.1 percent to $4,204. Vincent Liu, Investment Director at Kronos
Crypto-linked stocks and digital assets surged on Friday after Federal Reserve Chair Jerome Powell signaled that the central bank could begin cutting interest rates as soon as September. The tone marked a shift after weeks of growing investor doubt that the Fed would act before year-end. Bitcoin BTC$115,244.11 and ether (ETH) both moved higher following
China appears to be weighing the launch of a yuan-backed stablecoin, with an initial rollout in Hong Kong and Shanghai, a surprising shift after years of cracking down on crypto while promoting its central bank digital currency, the digital yuan. In the latest episode of Byte-Sized Insight, Cointelegraph spoke with two leaders analyzing China’s potential
Fed Chairman Jerome Powell began his highly anticipated speech in Jackson Hole, Wyoming. Powell offered a lukewarm signal about interest rate cuts, while highlighting the high level of uncertainty that makes the job of monetary policymakers difficult. Highlights of Powell’s speech at the Jackson Hole symposium are as follows: “When I took this podium a
U.S. stocks opened higher as a cautious market awaited Federal Reserve chair Jerome Powell’s speech at Jackson Hole. Summary Dow Jones Industrial Average rose slightly ahead of Federal Reserve chair Jerome Powell’s speech. Powell will speak at the Jackson Hole symposium at 10:00 am on Friday. UBS has lifted its forecast for the S&P 500,
Family offices in Asia are raising crypto allocations with plans to invest up to 5% of portfolios. Institutional trading in Hong Kong and South Korea is rising as new ETFs and custody services gain traction. Developer activity in Asia is growing fast as more investors explore advanced crypto strategies and tools. Family offices across Asia
Haycen, a company focused on trade financing, secured a stablecoin issuance license from the Bermuda Monetary Authority (BMA), the company said Friday. The Digital Asset Business (M) license allows Haycen to issue and manage 1:1 collateralized stablecoins in multiple currencies, with provisions for yield-bearing products. The company is targeting B2B markets, regulated entities and non-bank
Donald Trump has been pushing the Federal Reserve to cut interest rates throughout his second presidential tenure. The Fed officials have been consistently opposing Trump’s pressure. However, the release of the Federal Open Market Committee minutes revealed that by July, 2 of 12 Fed governors, Michelle Bowman and Christopher Waller, spoke out in favor of
Story Highlights CFO Andrew Kang has sold approximately a total of $20,000,000 worth of $MSTR stock in August 2025. CEO Phong Le also sold 8,400 shares of Common A stock. Carl Rickertsen also dumped 26,390 shares, worth approximately $10 million shares this year. Strategy Vice President and CFO Andrew Kang has sold approximately a total