Gemini Stock Jumps 45% in Early Trades After IPO
Shares of Gemini (GEMI) opened at $41 a share on the Nasdaq Global Select Market on Friday, rising 45% from last night’s IPO price. The crypto exchange, which is run…
SOL Rallies as Novogratz Calls Solana ‘Tailor-Made’ for Financial Markets, Analyst Sees $1,314 Target
Solana’s SOL rallied above $239 on Friday, extending its sharp September gains, as Galaxy Digital CEO Mike Novogratz described the blockchain as “tailor-made” for global financial markets and analyst Ali…
Crypto Bull Market Still Has Room to Run, Coinbase Says
Coinbase analysts remain optimistic for the fourth quarter, arguing that a mix of resilient liquidity, a favorable macro backdrop and supportive regulatory signals could keep the crypto market rally alive.…
BlackRock Weighs Tokenized ETFs on Blockchain in Push Beyond Treasuries: Report
BlackRock is exploring how to bring exchange-traded funds (ETFs) onto public blockchains, people familiar with the matter told Bloomberg. The sources said the asset manager is weighing tokenizing funds tied…
Crypto for Advisors: Crypto ETF Trends
Did you know, exchange-traded products are now the largest holders of bitcoin? In today’s Crypto for Advisors newsletter, Rony Abboud from Trackinsight and ETF Central breaks down current ETF trends.…
Rising Jobless Claims Eclipse Inflation Data as Recession Fears Resurface
Markets are ignoring a hotter-than-expected inflation report and instead turning their attention to the latest signs that the U.S. labor market is faltering — a shift in focus that points…
HBAR Rises 5% Despite Volatile CPI Session
Hedera’s HBAR token saw a volatile 23-hour stretch between Sept. 10 and 11, swinging in a narrow 5% band between $0.23 and $0.24. The token dipped to its $0.23 support…
Asia Morning Briefing: Bitcoin’s Calm Masks Market Tension Ahead of Fed and CPI
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves…
Grayscale Seeks SEC Nod for Bitcoin Cash and Hedera ETFs
Grayscale filed paperwork with the U.S. Securities and Exchange Commission (SEC) on Tuesday for three crypto exchange-traded funds, expanding its roster of potential offerings as issuers jockey for regulatory approval.…
Bitcoin Miners Surge Following Microsoft’s $17.4B AI Bet
Crypto mining stocks jumped on Tuesday after Nebius Group announced a five-year agreement to supply Microsoft (MSFT) with graphic processing units valued at $17.4 billion. The deal, aimed at bolstering…