Over the past two weeks, bitcoin has shed 12.4% against the U.S. dollar and now sits 14.9% shy of its all-time high above $126,000. Social media’s been buzzing with chatter over bitcoin’s slide, while prediction platform Polymarket shows bettors pegging a 69% chance that BTC dips below $100,000 before 2026 rolls around. Bitcoin’s October Blues
For years, Bitcoin has been hailed as “digital gold,” a hedge against inflation and policy excess. Yet, as geopolitical tensions rise and trade disputes return to the headlines, the original store of value, gold, is stealing the spotlight. According to TradingView data, gold climbed to an all-time high of $4,376 per ounce on Oct. 17,
Ondo Finance (ONDO), which works on tokenizing real-world assets (RWA), is cautious about Nasdaq’s proposal to tokenize stocks and exchange-traded funds (ETFs). The company said the proposal needed more transparency before moving forward. In a letter sent to the U.S. Securities and Exchange Commission (SEC) this week, Ondo Finance requested more information regarding Nasdaq’s plan
Ondo Finance is urging the U.S. Securities and Exchange Commission (SEC) to delay a proposed rule change from Nasdaq that would allow for the trading of tokenized securities. In a letter submitted Wednesday, the tokenization firm raised concerns over what it sees as a lack of transparency and a potential threat to fair market access.
Cryptocurrency analyst Shanaka Anslem Perera shared a remarkable analysis after Bitcoin (BTC) dropped from $126,000 to $105,000. According to Perera, despite the market’s panic selling, “smart money” is quietly accumulating, a process reminiscent of the period before the big rally in 2020. “Wall Street is calling it capitulation, Reddit is crying bear market. But this
Sometimes it can be easier to say nothing at all. This week, stablecoin giant Tether announced a $250,000 donation to OpenSats to support Bitcoin developers—only for one of the world’s best-known programmers (and Bitcoin maximalists) to publicly chastise the size of the gift. Twitter co-founder and Square CEO Jack Dorsey lampooned the donation Thursday on
Royal London Asset Management (RLAM) and M&G are gearing up to enter Europe’s rapidly growing active exchange-traded fund (ETF) market, a move that underscores the mounting pressure on traditional mutual funds amid rising fee competition. RLAM CEO Hans Georgeson said the firm would open a new office in Dublin over the next 18 months as
The world’s largest investment management firm, BlackRock (NYSE: BLK), has disclosed a 5.4% ownership stake in biopharmaceutical company Sellas Life Sciences Group (NASDAQ: SLS). Specifically, the stake amounts to 5,686,886 shares, giving the investment giant voting control in the company, according to a Schedule 13G filing with the U.S. Securities Exchange Commission. Notably, BlackRock’s endorsement
A fresh wave of speculation hit the crypto market today. After rumors spread about a massive $500 million short position belonging to an unnamed whale. Many traders quickly pointed fingers at well-known crypto whale James Wynn, suggesting he was behind the trade. But Wynn was quick to set the record straight. He is denying any
CLS Global, a prominent crypto market-making solution provider, has announced a new collaboration with Boosty Labs, a global development powerhouse focused on Web3, blockchain, and FinTech solutions. The primary objective behind this partnership is to empower Web3 projects via technical innovations. Excited to announce our partnership with Boosty Labs — a global leader in Web3,