The 38th week of the year is historically the third-worst performing week for bitcoin, averaging a return of -2.25%. Only week 28 (-2.78%) and week 14 (-3.91%) have been weaker historically, according to Coinglass data. This week, bitcoin is already down nearly 2%, trading around $113,000, with September’s monthly options expiry pointing to a max
Fnality, a fintech firm building tokenized versions of major currencies collateralized by cash held at central banks, has raised $136 million in a Series C round to expand its blockchain-based wholesale payment systems, the London-based firm said Tuesday. The investment was led by WisdomTree, Bank of America, Citi, KBC Group, Temasek and Tradeweb, with existing
BitMEX co-founder Arthur Hayes, one of the most important names in the cryptocurrency market, said that Bitcoin could reach $250,000 by the end of the year. Speaking at the KBW 2025 Blockchain Conference, Hayes said there is a strong possibility that BTC could rise to $250,000 by the end of the year as the global
YZi Labs, the family office founded by Binance co-founder Changpeng “CZ” Zhao, may open up to external investors, the Financial Times reported on Tuesday. The $10 billion investment company, which was rebranded from Binance Labs, is open to the possibility of converting into an investment fund, head of YZi Labs Ella Zhang said in an
Bitcoin (BTC), Ethereum (ETH), and altcoins started the new week with sharp declines yesterday. Following yesterday’s sell-off, over $1.7 billion worth of leveraged positions were liquidated. Markets are starting to show signs of stability as investors try to digest one of the biggest liquidations of the year. At this point, BTC is holding above $112,000
Changpeng “CZ” Zhao’s $10 billion investment firm YZi Labs is weighing plans to open the fund to outside capital and external investors. YZi Labs manages Zhao’s personal fortune and funds from a few early Binance insiders, including co-founder Yi He. The fund accepted about $300 million in outside funding in 2022, but later returned part
The total stablecoin supply has reached a record-breaking $283.2 billion, and it’s not the only milestone. The number of monthly stablecoin senders just climbed to 25.2 million, the highest ever recorded, according to data from Token Terminal. So far in 2025, startups working on stablecoin projects have pulled in $621.81 million in funding. That’s not
Key Takeaways Jim Cramer recommends investing in individual stocks as opposed to broad market indices, highlighting Apple and Nvidia as examples of outperforming companies. Nvidia has risen nearly 37% year-to-date through September 2025, fueled by demand for its AI chips and data center technologies. Jim Cramer, the CNBC “Mad Money” host, has advocated for investing
JPMorgan CEO Jamie Dimon said the US Federal Reserve will have a hard time cutting the interest rate unless inflation drops, and isn’t worried about stablecoins posing a threat to the banking sector. “If inflation does not go away, it’s going to be hard for the Fed to cut more,” Dimon, the head of the
Key Takeaways Bitcoin spot ETFs saw $363 million in outflows on Sept. 22. These ETFs, launched in the US in 2024, directly hold Bitcoin to track its price. Bitcoin spot ETFs recorded $363 million in outflows on Monday, with no inflows across any of the 12 approved funds. The outflows affect regulated investment vehicles launched