Japanese Prime Minister Sanae Takaichi’s cabinet approved a multi-billion dollar stimulus package on Friday, delivering on the new leader’s promise to pursue an expansionary fiscal policy. The stimulus, worth JPY 21.3 trillion ($135.40 billion), …
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Altcoin Highlights
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Circle Subsidiary Hashnote Launches Yield-Bearing USYC on BNB Chain
by adminby adminKey Notes Circle’s Hashnote brings institutional-grade Treasury collateral to BNB Chain with near real-time USDC settlement. The $1.07B fund offers 3.93% APY through price appreciation, targeting non-US institutions with KYC requirements. BNB Chain deployment …
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2947.42, up 1.5% (+43.33) since 4 p.m. ET …
Tokenized by Securitize, BUIDL can now be used as off-exchange collateral. This allows institutional users to pledge it for trading while holding it securely with third-party custodians. By turning traditional investment products such as …
Stablecoin issuer Tether is expanding its presence in commodity lending, with billions of dollars already deployed in the sector, according to CEO Paolo Ardoino. In an interview with Bloomberg, Ardoino said Tether has extended …
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Tether Appoints Senior HSBC Metals Traders to Advance Gold Portfolio
by adminby adminKey Notes HSBC veterans bring institutional expertise as Tether controls over $12 billion in gold reserves, positioning as major commodities player. Gold prices rebound above $4,100 amid geopolitical uncertainty and US shutdown, driving demand …
Chainlink’s native token LINK LINK$16.20 rebounded on Monday, advancing 5.2% over the 24-hour period to a session high of $16.66 before profit-taking kicked in. The price jump followed a steady upward trend with higher …
Bitcoin is trading near $95,000 after a steady decline that erased recent gains and pushed the crypto king toward a crucial psychological level. The market now waits for investors to make the next decisive …
Altcoin Highlights
Ark Invest Buys $30.5M Circle Shares as CRCL Stock Price Falls 12%
by admin
by admin
Ark Invest bought $30.5 million worth of shares in Circle Internet (CRCL) on Wednesday as the issuer of the second-largest stablecoin fell 12%. Cathie Wood’s investment management firm added a total 353,328 CRCL shares …
Altcoin Highlights
What Really Happened in the Crypto Market in October? Binance Offers Insights
by admin
by admin
The market recorded its first red October in seven years, but several sectors witnessed growth and development. October was a very eventful month for the crypto industry. Besides marking negative returns for the …
