Gemini Launches Groundbreaking Crypto IPO
Gemini will offer 16.67 million shares at $24-26, with trading starting Friday; the IPO is oversubscribed by 20 times, potentially valuing Gemini at over $3 billion. #Update #Finance
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Gemini will offer 16.67 million shares at $24-26, with trading starting Friday; the IPO is oversubscribed by 20 times, potentially valuing Gemini at over $3 billion. #Update #Finance
U.S. Representative French Hill and Senator Cynthia Lummis support amendments to the GENIUS Act, aiming for a stronger stablecoin framework as the Senate prepares its market structure bill. #Update #Crypto $USDT
Bitcoin’s price fluctuated from $115K to $113K, leading to $481M in liquidations, while Ethereum hit a new ATH of $4,880 amid institutional interest. Stablecoin regulations advance globally. #Update #Crypto $BTC $ETH
BlackRock plans to tokenize its ETF products, leveraging blockchain technology, following the success of its Bitcoin ETF to expand digital asset investments. #Update #Crypto #ETF
@Polymarket plans a funding round that could elevate its valuation to $10 billion, while @Kalshi aims for $5 billion, intensifying competition in prediction markets. #Update #Crypto $BTC
Gemini’s IPO priced at $28 per share, exceeding forecasts, as it prepares to trade on Nasdaq amid regulatory challenges and political ties.
Aave Labs launches Horizon, a platform for institutional borrowing in stablecoins against tokenized real-world assets, initially supporting $USDC, $RLUSD, and $GHO. #Update #Crypto $AAVE
Allied Gaming & Entertainment invests in $BTC and $ETH, doubling its stock price before settling at a 71% gain. The move is part of a broader blockchain strategy. #Update #Crypto $BTC
Bitcoin ($BTC) surged to $115,500 on softer U.S. inflation data and ETF inflows, facing resistance at $116K. Ethereum ($ETH), Solana ($SOL), and Dogecoin ($DOGE) also rose. #Update #Crypto $BTC
@Grayscale is seeking to convert its Grayscale Avalanche Trust into a spot ETF, enhancing access to $AVAX investments. VanEck plans a similar fund with staking options. #Update #Crypto $AVAX
Inflows into spot Bitcoin ETFs surged to $642M on September 12, totaling over $2.3B this week as institutions prepare for Fed rate cuts. @Fidelity and @BlackRock lead inflows. #Update #Crypto $BTC
Hedera’s $HBAR rose from $0.237 to $0.245 amid institutional interest following Grayscale’s HBAR trust plans and DTCC ETF filings, closing at $0.240 with strong support levels. #Update #Crypto $HBAR
Crypto entrepreneurs Cameron and Tyler Winklevoss predict $BTC will reach $1 million per coin, as Gemini goes public on Nasdaq. #Update #Crypto $BTC
Gemini’s Nasdaq debut sees strong investor demand and rapid price swings, marking a new era for crypto market integration. #Update #Crypto