Grayscale IPO returns to headlines as Barry Silbert pursues a reported $33 billion listing amid resurging lawsuits tied to Genesis. Market chatter, per Cryptonomist reporting, has placed the valuation near $33 billion. Investors are watching regulatory implications. Summary What is the expected timeline and Grayscale IPO valuation? Why does the term Barry Silbert Grayscale keep
Digital asset investment products saw massive inflows last week. With total net investments reaching $5.95 billion, according to CoinShares data. This marks the largest single week inflow in history for crypto funds. Strong market sentiment was driven by a combination of weak employment data. A delayed response to the Federal Reserve’s interest rate cut. With
The Smarter Web Company, the UK largest publicly traded firm holding Bitcoin on its balance sheet. It has raised a total of £12.3 million through a combination of a £9.7 million placing and a £2.6 million subscription. The announcement was made on October 6 through two official RNS filings. The company, listed on Aquis Exchange
Venezuela is facing one of the highest inflation rates in the world. Inflation in the country has reached 229%, making the national currency, the bolívar, nearly worthless, reports Cointelegraph. Many Venezuelans are now turning to USDT (Tether) as a safer alternative. Merchants are also pegging prices to Binance P2P dollar rates, treating USDT as the
Hong Kong-listed company China Financial Leasing Group (2312) says it plan to raise around 86.5 million Hong Kong dollars ($11.1 million), from which it will build a cryptocurrency investment platform. China Financial will raise the capital through a new share subscription, issuing over 69 million new shares at a price of 1.25 Hong Kong dollars
Gold stormed into history on Monday after making yet another all-time high, trading dangerously close to $4,000 per ounce as traders scrambled for safety during the ongoing U.S. government shutdown and growing bets on more Federal Reserve rate cuts. Spot gold surged by 1.2% to $3,992, after touching $3,944 earlier in the day, and U.S.
Story Highlights Fed Governor Miran urges bold 50-basis-point rate cuts, aiming to support economic growth. September’s 25-basis-point cut marked first reduction since December, but Miran pushed for more. Fed projections indicate rates may fall to 3.25%–3.50% by 2026, easing financial conditions. Federal Reserve Governor Stephen Miran is calling for aggressive interest rate cuts of up
Brazil’s PIX instant payment network, once hailed as a model for financial inclusion, is now at the center of a new trade and technology clash between Washington and Brasília. The Trump administration has accused PIX of undermining U.S. companies such as Visa and Mastercard, calling the system a “state-subsidized monopoly” that distorts global competition. PIX
Bitcoin has sustained its rally above $123,000, which it broke on Friday, finishing week 39 up 10% for its best weekly performance of the year, according to CoinDesk market data. Crypto stocks with exposure to Artificial Intelligence (AI) and High-Performance Computing (HPC) are doing better than their peers that lack the same exposure. Cipher Mining
Story Highlights China Financial Leasing plans $11.1M raise to develop AI-crypto investment platform, sending Hong Kong shares up 25% amid investor excitement. Hong Kong-listed firm merges AI with crypto investment, aiming to build next-gen digital asset platform covering BTC, ETH, NFTs, DeFi, and more. Hong Kong-listed China Financial Leasing Group is making waves with its