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Crypto stocks plunged on Monday amid a broader market downturn, with major players like Coinbase, Marathon Digital, and Circle seeing sharp declines of up to 7%. Despite the sell-off, Cathie Wood’s ARK Invest increased its stake in crypto exchange Bullish by purchasing $10.2 million in shares at record lows. ARK Invest’s strategic buy: The firm […]
Big tech companies like Microsoft and Google are ramping up carbon credit purchases to offset surging AI-driven emissions, leading to a market shortage that boosts prices and spurs innovation. Total spending on permanent carbon removal reached $10 billion since 2019, with demand jumping from 8 million tons in 2024 to 25 million tons in 2025. […]
Grab’s MOU with StraitsX establishes a Web3 settlement layer using stablecoins like XSGD and XUSD, enabling seamless digital payments across Southeast Asia. This infrastructure aims to integrate wallets and programmable payments into Grab’s super app, potentially reducing cross-border costs for millions of users. Grab and StraitsX partnership focuses on stablecoin infrastructure to unify payments in […]
China’s Ministry of Finance launched a €4 billion euro-denominated sovereign bond sale in Europe, targeting four-year and seven-year maturities to diversify funding sources amid strong global investor demand exceeding €50 billion in orders. Bond pricing set at 28 basis points above mid-swap for four-year notes and 38 for seven-year, reflecting attractive yields for international buyers. […]
Mt. Gox recently transferred 10,608 Bitcoin worth approximately $953 million to a new wallet, marking its largest movement in eight months. This occurs as creditor repayments, totaling around $4 billion, face further delays until October 2026 due to ongoing procedural challenges. Mt. Gox’s transfer highlights ongoing asset management amid repayment delays. The move involves shifting […]
Bitcoin ETF outflows reached $2.59 billion in November 2025, with BlackRock’s IBIT accounting for $1.26 billion due to hedge funds unwinding basis trades amid declining yields. Arthur Hayes predicts a short-term dip to $80k-$85k before a surge to $200k on improved liquidity. Bitcoin ETF outflows: Negative flows for four weeks, accelerating sell-off. Hedge funds liquidating […]
KindlyMD’s Q3 earnings delay stems from complexities in accounting for its Nakamoto merger, leading to a nearly 10% stock drop on Monday and a projected $59 million loss on the acquisition. The company cited unreasonable effort to file on time, highlighting ongoing financial turbulence in the crypto-integrated healthcare space. Stock plunged 10% post-delay announcement: Shares […]
Xiaomi’s stock has plunged nearly 30% since September due to weakening revenue growth expectations, rising smartphone chip costs, and challenges in its electric vehicle division. Investors are concerned about squeezed margins and low EV demand amid a slowing Chinese economy. Smartphone sector pressures: Surging memory chip prices are eroding profit margins for Xiaomi’s phones. Electric […]
El Salvador’s Bitcoin purchase of 1,090 BTC in one day elevated its total holdings to 7,474 BTC, making it the fifth-largest holder globally and underscoring a resilient strategy amid market volatility. El Salvador’s record single-day Bitcoin acquisition of 1,090 BTC highlights unwavering commitment to digital assets despite price fluctuations. Contrastingly, small investors offloaded 148,000 BTC […]