Tether Fundraising Attracts Softbank Ark Investors
@SoftBank and @ArkInvest are in talks to invest in Tether, which aims to raise up to $20 billion, valuing the firm at $500 billion amid a booming stablecoin market. #Update #Crypto $USDT
Bitcoin Options Expire $18B Impact Looms
Record-setting $18 billion Bitcoin options expiry may cause delayed volatility within 24-72 hours, with analysts predicting potential price declines as bearish sentiment prevails. #Update #Crypto $BTC
Ethereum Stalls Below $4,060 Fakeout Ahead
Ethereum struggles below $4,060 after bouncing from $3,800, sparking debate over potential recovery or drop to $3,600. Analysts highlight weak market sentiment. #Update #Crypto $ETH
Bitcoin Surges to $110K Amid Steady Inflation
Bitcoin climbs to $110K following a steady inflation report from the U.S. Bureau of Economic Analysis, showing a 0.3% price rise for August. #Update #Crypto $BTC
Kraken Seeks Investor at $20B Valuation
Kraken is in talks with a strategic investor for a $20 billion valuation, up from $15 billion after a $500 million funding round. #Update #Crypto
Tether USDT Channels $8B to Evade Sanctions
A network of crypto wallets linked to Russian state entities moved over $8 billion in digital assets, primarily using $USDT, to evade sanctions, per a report from @Elliptic. #Update #Crypto $USDT
Tether Issues Record 9 Billion USDT September
Tether issued a record 9 billion USDT in September, boosting its market cap to over $173.5 billion and reserves on exchanges to an all-time high of 48 billion, indicating potential market moves. #Update #Crypto $USDT
Tether Targets $500B Valuation with Ark Invest
@Tether is pursuing a major funding round, seeking $15-20B for a 3% stake, potentially valuing the firm at $500B. @SoftBank and @ArkInvest are in talks to invest. #Update #Crypto $USDT
Ethereum Supercycle Debate Ignites Market Surge
Wall Street’s adoption could trigger a “supercycle,” boosting $ETH prices beyond the typical four-year cycle, as noted by the largest corporate holder of Ether. #Update #Crypto $ETH
Riot Platforms Surges on AI Upgrade Boost
@RiotPlatforms received upgrades from JPMorgan and Citigroup, raising targets to $19 and $24 amid a shift to AI and cloud services, while $CIFR target doubled to $12. #Update #Crypto $RIOT
UK Digital ID Scheme Faces Hacker Threat
The UK government announced a mandatory Digital ID scheme by 2029, sparking privacy concerns. Critics warn of security risks with biometric data; supporters argue for enhanced national security. #Update #Legal
Dogecoin Surges on $10M Buyback News
Thumzup Media’s $10M buyback and Dogecoin mining move boost $DOGE interest, with key technical levels under watch. Institutional demand grows as CleanCore holds 600M DOGE. #Update #Crypto $DOGE
IBM Boosts HSBC Bond Trading by 34%
@HSBC and @IBM report a 34% improvement in bond-trading predictions using quantum computing, marking a significant advancement in financial technology. Announced September 25. #Update #FinTech
Bitcoin: Nubank Appoints Ex-Coinbase Crypto Lead
Brazil’s Nubank appointed ex-Coinbase director Michael Rihani as Head of Crypto, enhancing its digital asset services. Nubank holds a $75 billion market cap. #Update #Crypto