Tether has selected Anchorage Digital, the only federally chartered digital asset bank in the U.S., to issue Tether’s upcoming stablecoin USAT. Summary Tether will use Anchorage Digital to issue its new stablecoin USAT. USAT is a regulated stablecoin compliant with the GENIUS Act and targeted for the U.S. market. Tether announced last week that it
Gemini stock price rose after the closely-watched initial public offering. The company faces major headwinds, including its substantial losses. Most of the companies that surged after the IPO plunged afterwards. Gemini stock price had a highly volatile first day as a publicly traded company. It initially popped to $45 after the much-anticipated Initial Public Offering
Stocks rose on Monday amid President Donald Trump’s remarks on U.S. trade talks with China, with markets’ attention also firmly on this week’s highly anticipated Federal Reserve meeting. Summary Dow Jones rose nearly 100 points as investors eyed Federal Reserve’s meeting this week. President Donald Trump’s comments on U.S.-China trade negotiations also helped investor sentiment.
Key Takeaways Base announced a new bridge connecting Solana and Base networks. The bridge allows users to transfer digital assets between Solana (a standalone blockchain) and Base (an Ethereum layer 2 operated by Coinbase). Base launched a bridge connecting Solana and Base networks today. Coinbase’s Ethereum layer 2 network announced the new infrastructure on social
On Monday, thousands of investors joined a social audio space on X to discuss the worst day since David Bailey took Nakamoto (NAKA) public. Its title, NAKA -60%: Is the Bitcoin Treasury Trend Over?, highlighted the stock’s 60% weekend price drop to an all-time low of $1.16. From its all-time high of $34.77 on May
Major companies are also showing interest in altcoins as part of their treasury strategies, following Bitcoin and Ethereum. The most popular of these is Solana (SOL), and the number of companies buying SOL is increasing daily. The latest news on this point comes from Nasdaq-listed company Helius Medical Technologies (Nasdaq: HSDT). According to the statement,
Crypto reverses weekend strength, FOMC this week. BTC ETF inflows hit $2.3b last week. Gemini stock soars on IPO. Atkins scraps SEC’s crypto enforcement agenda. Tether launches USA₮ stablecoin, Bo Hines as CEO. Monero rallies despite being hit by 18 block reorg. Allied Gaming establishes DAT. Galaxy Digital buys $300m SOL. Native Markets wins USDH
Markets are walking on green street on Monday’s US morning market sessions, as crypto-mining equities extend their gains and Tesla shares jump following Elon Musk’s latest stock purchase. Shares of crypto mining companies were among the strongest performers this morning. Bitfarms Ltd. climbed to $3.10, up 10.71% with a $0.30 gain as of 8:00 AM
Robinhood (HOOD) is moving deeper into private markets with a new venture capital fund designed to give everyday investors access to companies before they go public. The company has filed with the Securities and Exchange Commission (SEC) an initial registration statement to launch Robinhood Ventures Fund I (RVI), a closed-end investment vehicle that aims to