Grayscale has officially launched public trading for its Sui-focused investment vehicle, the Grayscale Sui Trust (GSUI), now available on the OTCQX over-the-counter market. The announcement was shared on the company’s social channels and marks …
Altcoin Highlights
A solo Bitcoin miner hit the jackpot on Friday, earning 3.146 BTC, worth roughly $266,000, after solving block 924,569 with only a tiny fraction of the computational power typically needed to win a block …
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), …
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 …
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 …
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 …
- Altcoin Highlights
Ark Invest Buys $30.5M Circle Shares as CRCL Stock Price Falls 12%
by adminby adminArk 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 …
Circle Subsidiary Hashnote Launches Yield-Bearing USYC on BNB Chain
Key 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 …
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 …
Tether Appoints Senior HSBC Metals Traders to Advance Gold Portfolio
Key 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 …