HashKey Holdings Limited approved a share repurchase plan of up to HK$100 million as its Hong Kong-listed stock rebounded after recent pressure. HashKey clears HK$100M buyback plan HashKey Holdings Limited, listed under stock code 3887, said its board approved an on-market share repurchase plan after the mandate passed at its annual general meeting on June
In a bold move to achieve a greater level of interoperability and enable users to connect their liquidity across multiple chains, ENI, a high-performance, enterprise-grade, modular Layer-1 blockchain, today entered into a strategic partnership with NerveNetwork, a decentralized cross-chain platform. This collaboration enabled ENI to integrate NerveNetwork’s cross-chain tech solution to provide multi-chain support for
Larry Fink’s BlackRock (NYSE: BLK) is trying to buy at least $5 billion of SpaceX stock before the rocket company starts trading as soon as tomorrow, putting one of Wall Street’s biggest money managers right in the middle of the IPO frenzy. Before SpaceX, the largest IPO of the year belonged to the chip-maker Cerebras,
The Bitcoin market continues to take a hit, and investors both big and small are heavily feeling the ongoing market pressure, which has caused its price to drop to $61,000. The amount of $BTC in profit territory is steadily dropping following the recent decline in price, putting the market in a more bearish condition. Supply
The Bank of Japan (BOJ) is expected to increase interest rates to a level that has not been seen since 1995 at its upcoming policy meeting scheduled on June 15-16. The increase in rates will mark an acceleration of the country’s monetary policy shift, putting further pressure on crypto trading volumes denominated in yen amid
Punters on prediction markets are ramping up bets that Elon Musk may eventually combine Tesla Inc. ) and SpaceX into one entity. What’s Happening On Polymarket And Kalshi? Over $560,000 has already been wagered on the outcome, and the market will resolve to “Yes” if Tesla is merged with or acquired by SpaceX or vice
Avalanche Treasury Co. had a weak first trading session on Nasdaq as its stock closed sharply lower under the ticker AVAT. Avalanche Treasury Co. closed at $1.85 on Thursday, down 38.13% in its Nasdaq debut. Google Finance data showed the stock opened at $2.99, reached a high of $3.00, and fell as low as $1.75
Elon Musk’s SpaceX has officially set its initial public offering at a price of $135 per share on Thursday, setting projections of a $75 billion raise in the largest stock market debut in history and valuing Elon Musk’s rocket and satellite company at almost $1.77 trillion. The offering eclipses Saudi Aramco’s December 2019 IPO, which
Dymension, a well-known modular blockchain ecosystem, and Astra Nova, a cutting-edge AI entertainment network, have partnered. The partnership attempts to incorporate Astra Nova’s AI-driven entertainment platform into Dymension RollApps. As Dymension disclosed in its X announcement, the partnership is set to unveil the Nova Toons intellectual property (IP) ecosystem of Astra Nova into the modular
There is increasing consensus that Bitcoin’s performance pattern, linked to halving events, may be fully intact. Analyst Benjamin Cowen is the latest to reinforce the four-year $BTC cycle, noting that, The four-year cycle for Bitcoin is not broken. In fact, $BTC’s average drawdown in midterm years is nearly identical to what it is now. According