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Invesco, $2.5T asset manager, files for tokenized funds targeting stablecoin reserves

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Invesco’s move is another sign that asset managers are increasingly chasing a new business opportunity created by stablecoins. These cryptocurrencies are designed to maintain a fixed value, typically pegged to a US dollar, and are backed by reserve assets such as cash and short-term government bonds. As issuance grows, so does the demand for companies […]

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OpenAI is leaning towards holding off the IPO until next year

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OpenAI is leaning toward delaying its initial public offering until next year, three people involved in the company’s deliberations said, a turn that underscores the uncertain future of fast-growing artificial intelligence giants. The maker of ChatGPT hired bankers and lawyers with an eye toward a public offering as early as the third or fourth quarter

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BTC may drop as low as $48,000 in final capitulation

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Bitcoin BTC$59,516.40 could be nearing a major turning point after a rare combination of onchain indicators flashed signals that have historically coincided with market bottoms, according to Chris Sullivan, co-founder and portfolio manager at digital asset hedge fund Hyperion Decimus. In a recent report, the hedge fund explained that four proprietary onchain signals have adjusted

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Base blockchain resumes after two hours outage interrupted network

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Coinbase-backed Ethereum layer-2 network Base resumed block production on Thursday after a roughly two-hour outage that halted the blockchain. In an update, the Base team said that the chain has resumed functioning and that internal nodes were syncing properly, although it continues to investigate the cause of the incident. The team also advised ecosystem node

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STRC’s correlation with BTC hits record high

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Bitcoin holder Strategy Inc.’s perennial favorite stock, known as STRC or “Stretch,” shows an increasingly close connection to bitcoins BTC$59,578.89 the price moves. This weakens its appeal as a relatively stable income provider. The 90-day correlation coefficient between the two has risen to nearly 0.70, the highest level since the instrument debuted in July 2025,

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Kraken sees 15% stake in DeFi lender Aave in deal valuing protocol at $385 million

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Aave is the largest decentralized lending protocol that allows users to lend and borrow crypto assets without intermediaries. Depositors earn returns by providing tokens to liquidity pools, while borrowers pledge crypto-collateral to take out loans, with smart contracts automatically managing the process. The protocol was thrust into the center of one of DeFi’s biggest crises

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BlackBerry is making a massive comeback. Just not as you would think

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Remember BlackBerry? Yes, that BlackBerry: The phone with a physical keyboard that everyone used and suddenly became obsolete after Apple introduced the iPhone. Well, it’s coming back. The new BlackBerry isn’t a mobile device, but it is a “mission-critical software layer in the physical AI stack,” and the stock is rising. BlackBerry hasn’t made a

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Strategy (MSTR) has a 10-month money path for dividends, but retail investors are losing faith

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STRC trading well below its $100 target level simply makes Strategy’s bitcoin acquisition and financing engine less efficient because the company can no longer issue the preferred stock on attractive terms, as Benchmark analyst Mark Palmer previously noted. That is very different from suggesting that the model fails. The bigger issue is trust rather than

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