The $MOVE Index has surged past 130, prompting discussions around potential policy responses. This significant movement was highlighted in a recent tweet by @CryptoHayes, sparking interest among traders. As the index rises, the market may anticipate a bailout or regulatory intervention, which could shift investor sentiment in the coming weeks. source What Went Down As
Spot Bitcoin ETFs traded in the U.S. continued their positive capital inflow for the sixth consecutive trading day, recording net inflows of approximately $190.7 million on September 24. According to SoSoValue data, BlackRock’s IBIT fund led the way in inflows into Bitcoin investment products. The highest net inflow of the day was in BlackRock IBIT,
Gold Lending Has Run for 50 Years. Most Owners Couldn’t Touch It For half a century, the gold market has produced a lending rate every working day. The strange part is that almost everyone who actually owns gold has been effectively shut out of earning it. Paxos Labs is trying to crack that contradiction with
The Trump administration is reportedly considering an initiative to promote dollar-denominated stablecoins overseas. The goal, according to a Bloomberg report citing people familiar with the plans, is to protect the dollar’s place as the world’s reserve asset and to raise demand for US Treasuries, which stablecoin issuers typically hold as reserves. Joint Ventures and Federal
A $1.3 Billion Venture Fund Gets an Ethereum Wrapper Cathie Wood’s Ark Invest is taking a fund stuffed with some of technology’s most closely watched private companies and putting its ownership infrastructure on Ethereum. The $ARK Venture Fund, or ARKVX, had grown to roughly $1.3 billion in assets by late June and holds stakes in
Coinbase’s recent announcement highlights a substantial achievement, reporting over $1 billion in trading volume from its tokenized stocks on the Base platform within just one month. This rapid growth signals a strong market interest in tokenized equities, as noted by influential CryptoTwitter commentator @base. The implications could lead to further expansion in this market segment,
Tokenization platform Ondo Finance was shopped to prospective buyers after the sudden death of its founder and CEO, Nathan Allman, earlier this year, according to three people with knowledge of the matter. The outreach occurred sometime after Allman’s death on May 25, according to two of the people who spoke on condition of anonymity, as
Circle Internet Group (NYSE: CRCL) shares traded near $91 in Thursday premarket trading after closing Wednesday at $91.72, down 3.03%. Two September transactions highlight how much equity Circle has issued — and may still issue — under separate deal structures. No reliable evidence links CRCL’s latest decline to Circle’s pending deal to acquire Tazapay. Current
AMC CEO Adam Aron called Robinhood’s tokenized AMC shares a “quasi-fake market” and threatened legal action. Robinhood’s Vlad Tenev pushed back, saying a public company does not get to approve every product built on its stock. In the wake of their social media dust-up, an argument over which kind of token is legitimate has ensued: