The US Federal Reserve (Fed) will announce its critical October interest rate decision tomorrow. As the world awaits the Fed’s decision, markets are pricing in a 25 basis point rate cut at 97.8%. Ahead of the Fed meeting, which is eagerly awaited by global markets, including crypto markets, Morgan Stanley announced that it expects the
Cathie Wood’s investment manager Ark Invest bought $30.9 million worth of shares in Jack Dorsey’s fintech company Block Inc (XYZ) on Monday. Ark added a total of 385,585 XYZ shares across three of its exchange-traded funds (ETFs): Innovation (ARKK), Next Generation Internet (ARKW) and Fintech Innovation (ARKF), according to an emailed disclosure on Tuesday. XYZ
At the Future Investment Initiative in Riyadh, Larry Fink called crypto gold assets instruments investors buy amid fear over debasement and personal security. Summary What did Larry Fink say about crypto gold assets — BlackRock investment stance? Do Fink crypto comments treat crypto gold assets as gold safe haven or crypto fear hedge? Gold and
Tokenization specialist Securitize is aiming for a public listing through a SPAC merger Cantor Equity Partners II (CEPT), the firm said on Tuesday. The deal values Securitize at $1.25 billion and will see the company list on Nasdaq under the ticker “SECZ,” the firm added. Securitize also plans to tokenize its own equity, making its
Binance founder Changpeng Zhao confirms YZi Labs is a minority investor in Opinion, a newly launched decentralized prediction market, amid speculation on Polymarket rivalry. Summary Opinion raised $5M in a seed round led by YZi Labs, with participation from Animoca Ventures, Amber Group, Manifold, and Echo Community. The platform, now live on BNB Chain, allows
In crypto Rover it was reported that the US 500 has closed above its all-time high. The chart indicates that it is close to 6,866 points on October 27, 2025. Strong earnings, buybacks, and liquidity conditions are some of the reaction of traders. Stocks went on a rampage in industries and drove the index to
Venture capital giant Andreessen Horowitz (a16z) is leading a $12.9 million funding round for ZAR, a one-year-old fintech startup aiming to make dollar-backed stablecoins accessible to everyday consumers in Pakistan and other emerging markets. The round drew participation from Dragonfly Capital, VanEck Ventures, Coinbase Ventures and Endeavor Catalyst, according to a Tuesday report by Bloomberg.
Cryptocurrency buying activity by Digital Asset Treasury (DAT) firms has plummeted since the market crash on October 10. In fact, Bitcoin purchases dropped to the lowest level seen all year, according to a top analyst. David Duong, Head of Coinbase Research, posted the analysis on his X account on Tuesday. He started with the question,
Circle (CRCL), the firm behind the $76 billion stablecoin USDC$0.9998 is inching closer towards launching its payments-focused Arc blockchain, starting a test phase with a wide roster of institutional partners. The firm said on Tuesday it has deployed Arc’s public testnet version, allowing over 100 financial institutions, asset managers and tech firms already involved, such
South Korea’s central bank is contemplating a return to gold buying for the first time since 2013, signaling a potential shift in its reserve management strategy. The move comes amid growing demand for the precious metal, as investors seek protection from inflation and currency weakness. Bank of Korea Weighs Buying Gold Again According to the