Business – Page 550

Tether’s gold holdings rise to 116 tons, rivaling small central banks

Investment bank Jefferies said the recent rise in gold prices cannot be explained by traditional drivers alone, pointing instead to Tether as a major new buyer. Attestation data and on-chain activity show the stablecoin issuer has accumulated significant bullion in recent months, tightening supply and contributing to the sharp rally, the bank said in Thursday’s […]

Tether’s gold holdings rise to 116 tons, rivaling small central banks Read More »

VanEck says mid-cycle holders are trending downward, while whales remain stable

Business / Leave a Comment

Bitcoin’s recent selloff is driven by mid-cycle holders rather than long-term whales, according to VanEck’s “Mid-November 2025 Bitcoin ChainCheck” report. The asset management firm said wallets whose coins last moved within the past five years account for most of the recent sales, while the oldest vintages have remained “remarkably stable” despite weakening sentiment. VanEck also

VanEck says mid-cycle holders are trending downward, while whales remain stable Read More »

Kalshi Raises $1B. Report TechCrunch

Business / Leave a Comment

Kalshi, a regulated prediction market platform, has closed a $1 billion funding round, valuing the company at $11 billion, according to TechCrunch. The round was led by returning investors Sequoia Capital and CapitalG, with participation from Andreessen Horowitz, Paradigm, Anthos Capital and Neo. The new valuation brings Kalshi closer to the $12 billion to $15

Kalshi Raises $1B. Report TechCrunch Read More »

ICP slips as volume spike confirms breakdown below key support

Business / Leave a Comment

ICP$5.0298 continued to struggle with overhead pressure during its most recent 24-hour trading window, trading near $4.80 after falling below the $4.95 support level. The token moved within a $0.48 intraday range, reflecting 9.6% volatility, as repeated attempts to regain higher levels stalled, according to CoinDesk Research’s technical analysis data model. A major turning point

ICP slips as volume spike confirms breakdown below key support Read More »

Trump’s CFTC pick, Mike Selig, clears hurdle on confirmation vote

Business / Leave a Comment

Just one day after Mike Selig’s confirmation hearing to become President Donald Trump’s next chairman of the US Commodity Futures Trading Commission, the Senate Agriculture Committee advanced his name for a final vote in the full Senate, moving him that much closer to being a major regulator of the crypto industry. Nominee Selig, a senior

Trump’s CFTC pick, Mike Selig, clears hurdle on confirmation vote Read More »

Scaramucci-Backed AVAX One (AVX) Approves $40M Share Buyback

Business / Leave a Comment

AVAX One Technology ( AVX ), an Avalanche-centric digital finance company with hedge fund veteran Anthony Scaramucci at the helm of its advisory board, is the latest to return to share buybacks to stem falling stock prices. The firm said Thursday that its board approved an up to $40 million share buyback program, which will

Scaramucci-Backed AVAX One (AVX) Approves $40M Share Buyback Read More »

Ripio $100M Crypto Treasury includes BTC and ETH

Business / Leave a Comment

Latin American cryptocurrency exchange Ripio has revealed that it holds over $100 million worth of crypto treasure, making it the second largest publicly known such firm in Latin America behind OranjeBTC. Company CEO Sebastian Serrano confirmed the figure in an interview with CoinDesk during DevConnect 2025 in Buenos Aires, noting that it began acquiring bitcoin

Ripio $100M Crypto Treasury includes BTC and ETH Read More »

Bridgewater founder Ray Dalio says he owns about 1% of the fortune in BTC

Business / Leave a Comment

Bridgewater Associates founder Ray Dalio has previously said he owns some bitcoin BTC$92,123.27put a clearer number on it and say it’s been about 1% of his portfolio for some time. However, the hedge fund mogul said bitcoin still faces significant structural challenges before it can realistically be considered a global reserve asset. “I have a

Bridgewater founder Ray Dalio says he owns about 1% of the fortune in BTC Read More »

HBAR dives 3% below support as crypto market plunges

Business / Leave a Comment

HBAR fell to $0.1373, decisively breaking below the established $0.145 support after failing to sustain its consolidation range. The token’s late-session selloff confirmed a shift from neutral structure to a clear bearish setup as price action worsened to the close. Liquidity broke sharply in the last hour, including a brief trading halt between 14:12 and

HBAR dives 3% below support as crypto market plunges Read More »

BONK is consolidating as key levels driving short-term trading structure

Business / Leave a Comment

BONK moved through a wide consolidation range over the past 24 hours, swinging between key technical levels to trade just below $0.0001. Solana-based memecoin fell 0.7%, but intraday price action unfolded within a volatile structure shaped almost entirely by support-resistance interactions, according to CoinDesk Research’s technical analysis data model. The most dramatic activity took place

BONK is consolidating as key levels driving short-term trading structure Read More »