Eole Inc., a Tokyo-listed digital marketing and communication services company, saw its shares rise after announcing a partnership with Singapore-based Slash Vision on Monday. The company also launched a subsidiary focused on crypto asset management to expand digital finance operations. Strategic Partnership Targets Crypto-Focused Financial Infrastructure Tokyo-based Eole, operator of the free group messaging service
Cryptocurrency investment products failed to extend their inflow streak last week as spot prices declined. Global crypto exchange-traded products (ETPs) recorded $812 million of outflows in the week to Friday, ending a two-week run of inflows, CoinShares reported on Monday. Total assets under management (AUM) declined to $221 billion from a record-setting $241 billion the
Following the sharp declines experienced in Bitcoin (BTC), Ethereum (ETH) and altcoins last week, critical data is expected this week. This week, with the start of October, while ETF decisions for altcoins such as XRP and Solana (SOL) are awaited, CoinShares published its weekly cryptocurrency report and stated that there was an outflow of $812
Michael Saylor’s Strategy has seen its MSTR stock price tumble recently after booming over the past year. In a recent tweet, community analyst at on-chain platform CryptoQuant, Maartunn, highlighted MSTR’s recent drop to $300, its lowest level in six months, describing it as a “painful move for the biggest corporate Bitcoin holder.” MicroStrategy is bleeding
Cipher Mining (CIFR) just delivered one of the most consequential weeks in its history, announcing a major AI hosting deal for its Barber Lake facility and a $1.1 billion convertible note offering, moves that together may redefine the company’s trajectory, broker Canaccord Genuity said in a report on Monday. Canaccord reiterated its buy rating on
The Fed recently made an expected 25 basis point cut. However, in a statement after the meeting, Fed Chair Jerome Powell warned that the road ahead would be challenging. Powell, in his speech on September 23, stated that the two-sided risk remains, saying, “The short-term risks to inflation are to the upside, and the risks
Quatrefoil Data Services, a firm on a mission to provide institutional-grade benchmarks for digital assets, starting with a reference rate for Ethereum staking, has rolled out operations, the firm said on Monday Its flagship product, the Composite Ether Staking Rate (CESR), measures yields from Ethereum validators and is designed to function as crypto’s equivalent of
A new proposal in Korea suggested that the National Pension Service(NPS), the country’s public pension fund, should actively consider investing in digital assets. Kab Lae Kim, a senior research fellow at the Korea Capital Market Institute, made the recommendation Monday at a local conference. NPS is the world’s third-largest pension fund with over $930 billion
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Visa is expanding its stablecoin settlement pilots. Stripe now offers USDC (USDC) payouts. PayPal’s PYUSD is integrated across wallets and checkout flows, with a “Pay with Crypto” feature on the way. If
Stablecoins recorded more than $45 billion in net inflows in the last 90 days, highlighting rising demand for US dollar-pegged assets in the crypto space. On Monday, data tracker RWA.xyz showed that Tether’s USDt (USDT) stablecoin led the quarter with $19.6 billion in net inflows, followed by Circle’s USDC (USDC) with $12.3 billion. Ethena’s synthetic