TRUMP memecoin issuer seeks $200M treasury as token plunges 90%
The company behind President Donald Trump’s memecoin is seeking $200 million to build a treasury aimed at supporting the token’s price, which has plunged 90% from its peak.
Bitcoin risks plunge to $114K as ‘predatory’ traders squeeze BTC longs
Bitcoin price analysis gave a new $114,000 bottom target for BTC after a 4% drop from all-time highs, while traders added fresh liquidity.
A ‘spooky’ Ethereum correlation suggests an imminent breakout
Ethereum is moving in tandem with small-cap stocks, and analysts say both assets could rise together with four potential Fed rate cuts ahead.
Crypto stocks IREN, NAKA struggle amid convertible note deals
IREN and Kindly MD are raising big money through convertible notes, but traders reacted negatively following each of the companies’ multimillion-dollar deals.
Major US labor union says Senate crypto bill lacks ‘meaningful safeguards’
The AFL-CIO says the Senate’s crypto framework bill “provides the facade of regulation” that would expose workers’ retirement funds to risky assets.
CleanCore Solutions adds over 710M Dogecoin to treasury
CleanCore Solutions says it wants to scale its treasury “responsibly with transparency and resilience” as it aims to accumulate 1 billion Dogecoin tokens.
Canary’s Litecoin, HBAR ETFs ready for ‘go-time’ after gov shutdown: Analysts
ETF analyst Eric Balchunas says Canary Capital’s filings for spot Litecoin and HBAR funds are seemingly finalized, but the government shutdown will delay their launch.
Strategy’s $78B Bitcoin nears Amazon’s 2nd-largest corporate treasury
Strategy’s $78 billion stash of Bitcoin is close to the cash positions held by Amazon, Google and Microsoft, the last of which rejected Bitcoin as a treasury asset last year.
‘Hundreds of simulations’ pin Bitcoin at 50% odds of $140K this month
Based on Bitcoin’s price at the start of October, a $140,000 price tag by the end of the month is consistent with its average gains in October over the years.
BOE signals flexibility on stablecoin caps amid industry pushback: Report
The Bank of England may relax proposed caps on corporate stablecoin holdings after industry backlash, as the UK races to stay competitive in the $314 billion market.