Uniform Labs, the developer of institutional tokenized asset liquidity protocol Multiliquid, announced Thursday that it has secured a seed funding round led by Polychain, bringing its total funding to $8 million. The round included participation from Strobe Ventures, CMT Digital, Metalayer Ventures, Generative Ventures and Circle Ventures. The funding will support Multiliquid’s development of infrastructure
Happy Thursday, advisors! In today’s newsletter, Eric Soufer of Tusk Strategies looks at what financial firms are building while Congress stalls on a crypto framework. Then, in “Ask an Expert,” Diego Grassano explains what advisors should check before trusting a tokenized platform. Happy reading. – Sarah Morton While Congress stalls, Wall Street sets its own
Very important data was released in the US yesterday and today. Yesterday’s CPI and today’s PPI data both exceeded expectations. CPI is currently almost double the Fed’s 2% target, while PPI is more than three times that target. PPI inflation was expected to fall in August, but instead it surged to 6.3%, reaching its second
Investment advances Tether’s ambition to give people and businesses greater access to knowledge and financial tools 15 October 2026 – Tether Capital today announced a strategic investment in AIsa, a company that enables AI agents to access and pay for data, software, and computing services. As AI agents move from answering questions to conducting research,
Although Bitcoin ($BTC) closed the third quarter (Q3) 2026 up over 43%, ending its third consecutive quarter of overall losses, users paid nearly $21 million in total transaction fees during the period. Specifically, Bitcoin users paid approximately $20.96 million in total transaction fees in Q3, according to data Finbold fetched from Glassnode on October 15,
Bitcoin’s $80,000 Defense Faces a Test as Bears Keep the Upper Hand At press time, bitcoin’s price is clinging to the low-$81,000 range after a bruising retreat from $84,000, and the technical picture suggests the market hasn’t finished wrestling with its recent losses. At approximately 5 a.m. EDT on Thursday, bitcoin traded near $81,246, commanding
Bitcoin came under renewed selling pressure over the last 24 hours after hotter-than-expected US inflation data unsettled financial markets and increased expectations of further Federal Reserve tightening. The cryptocurrency dropped more than 1% shortly after the Consumer Price Index release, as traders reassessed the outlook for interest rates. The headline inflation surged to 3.7% year-over-year
Tokenized stocks on Base are changing the landscape of borrowing. According to Jesse, the financing markets are notably liquid, allowing users to access loans at rates 4-5% cheaper than traditional systems. This shift may encourage more users to embrace onchain solutions for their financial needs, as indicated in Jesse’s tweet. source Breaking It Down The
Abraxas Capital’s two hedging accounts on Hyperliquid have reportedly generated over $331 million in total profits. This substantial profit is indicative of the firm’s successful trading strategies, which currently include over $1.45 billion in short positions. The implications for the broader market dynamics are significant, as traders may look to replicate such strategies in a
In brief Bitcoin dipped to an intraday low under $81,000, extending losses after hotter-than-expected U.S. inflation data revived bets on a Fed rate hike. HashKey’s Tim Sun said slowing demand from spot ETFs and corporate Bitcoin treasuries explains the stalled rally more than macro factors alone. Algoz’s Stephen Wundke expects Bitcoin to trade between $76,000