Alibaba Shares Acquired by ARK Invest
ARK Invest, led by Cathie Wood, purchased Alibaba shares for the first time since 2021 as its stock surged 97% year-to-date in 2025, reflecting renewed confidence in Chinese tech. #Update #Market
Tether Seeks $20B Funding at $500B Valuation
@Tether is in talks to raise $15-$20 billion for 3% equity, potentially valuing the firm at $500 billion. Discussions are early-stage, with Cantor Fitzgerald advising. #Update #Crypto $USDT
Bitcoin Investment Soars with $5.4M Boost
@Kitabo Co. invests $5.4 million in Bitcoin to enhance financial stability and support cross-border operations amid recent losses, joining a trend among Asian firms adopting crypto as a treasury asset. #Update #Crypto $BTC
Bitcoin Could Reach $1.3M by 2035
Matt Hougan of @Bitwise forecasts $BTC could reach $1.3 million by 2035, citing factors like government debt and institutional adoption. He also highlights potential for $SOL’s growth. #Update #Crypto $BTC $SOL
Ethereum ETF Approved by SEC for Grayscale
The U.S. Securities and Exchange Commission approved NYSE Arca’s amendment for Grayscale’s Ethereum Trust ETFs to trade under new generic listing standards, enhancing trading efficiency and transparency. #Update #Crypto $ETH
Tether Aims to Raise $20B Valuation Boost
@Tether is seeking to raise $15B-$20B for a 3% stake, aiming for a $500B valuation. USDT’s market cap is $172.8B, with $4.9B profit reported in Q2. #Update #Crypto $USDT
Ethereum: Robot Swarms Solve Oracle Problem
Researchers develop a “Swarm Oracle” using robot swarms to provide reliable blockchain data without centralized sources, addressing the oracle problem. #Update #Tech
AVAX Surges: Bulls Eye $50 Target
Avalanche ($AVAX) surges 17% to $35.50 amid institutional interest, driven by a $550M treasury initiative and real-world asset tokenization momentum. Analysts eye $50 if trends persist. #Update #Crypto $AVAX
Bitcoin Forecasts $3.4M Surge by 2028
Arthur Hayes analyzes a policy-driven model suggesting $BTC could reach $3.4M by 2028 due to fiscal expansion, liquidity growth, and investor demand convergence. #Update #Crypto $BTC
HOOD Surges $16B Amid Market Expansion
Robinhood (@RobinhoodApp) is set to gain $16 billion in market cap by expanding into prediction markets through a partnership with Kalshi, boosting trading volumes. #Update #Market
XRP Ledger Set for BlackRock’s $2B Expansion
Tokenization platform @Securitize plans to integrate with the XRP Ledger, potentially bringing BlackRock’s $2B USD Institutional Digital Liquidity Fund onto the blockchain, enhancing liquidity in tokenized funds. #Update #Crypto $XRP
Solana Launches Kazakhstan’s National Stablecoin with Mastercard
Kazakhstan has launched its national stablecoin, Evo (KZTE), pegged to the tenge, in collaboration with @Intebix and Eurasian Bank, supported by Mastercard and Solana blockchain. #Update #Crypto $SOL
Crypto VC Firm Archetype Launches $100M Fund
@Archetype closes over $100 million for its third fund, Archetype III, targeting early-stage crypto startups in DeFi and blockchain applications. #Update #Crypto $BTC $ETH
CFTC Approves Stablecoins for Tokenized Collateral
The U.S. Commodity Futures Trading Commission, led by acting chief Caroline Pham, is seeking industry input on using stablecoins as tokenized collateral in derivatives markets until October 20. #Update #Crypto $USDC