With the federal government continuing in shutdown mode, there continues to be a dearth of official economic statistics, including the all-important monthly Nonfarm PayRolls Report, which plays a large role in informing the Federal Reserve’s monetary policy. It’s thus elevated the status of some lesser-followed reports and at least one is flashing a major red
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3268.04, down 1.6% (-53.31) since 4 p.m. ET on Wednesday.Three of 20 assets are trading higher. Leaders: ICP (+27.5%) and NEAR (+3.3%). Laggards: HBAR (-3.6%) and UNI (-2.9%). The
USDT USDT$0.9997 issuer Tether’s tokenization arm, Hadron, is teaming up with ETF issuer KraneShares and Bitfinex Securities to develop and scale tokenized financial products, the companies said in a statement Thursday. The initiative plans to create tokenized versions of exchange-traded products and build the systems needed for them to trade on regulated digital asset platforms.
Strive (ASST), an asset management company building a bitcoin BTC$102,854.44 treasury, is looking to raise $160 million after upsizing the initial public offering of 2 million of its Variable Rate Series A perpetual preferred stock (SATA) and pricing it at $80 per share. The offering, scheduled to close on Nov. 10, was increased by 750,000
The ongoing US government shutdown is poised to directly impact thousands of air travellers, as Transportation Secretary Sean Duffy warned Wednesday. In the latest update, a 10% reduction in flights will be implemented at 40 major airports starting Friday morning if the impasse is not resolved. The decision, officials said, is a direct result of
Story Highlights BlackRock–Ripple tokenization rumor goes viral, but fact-check shows no official partnership or plan to move $5.3T in ETF liquidity onto XRPL. BlackRock is exploring tokenization, and Ripple is expanding RLUSD use cases, but claims of a joint $5.3T ETF project remain unverified and misleading. A viral rumor has been spreading across the crypto
Max Keiser, senior adviser to El Salvador’s president Nayib Bukele, took a jab at the US President Donald Trump’s pro-Bitcoin policies, calling out the rise of “shitcoins” and misplaced priorities in the crypto industry. Keiser wrote that “there is only one Bitcoin country,” pointing to El Salvador’s earlier, cleaner BTC-first strategy, and said U.S. efforts
The group of pure‑play Quantum computing stocks known on Wall Street as the “Quantum 4” has surged more than 100% this year. The four companies (Rigetti, IonQ, D‑Wave Quantum, and Quantum Computing Inc) have become the center of one of the market’s most heated trends, even as investors struggle to figure out what any of