Uncategorized Archives - Page 25 of 160

ThursdaySep 18, 2025 9:00 am

Cryptocurrency Exchange Gemini Rakes in $425m During its IPO

Crypto exchange Gemini successfully through its recent initial public offering (IPO). The company’s shares were priced at $28 each, which was higher than the originally marketed range of $24 to $26. Roughly 15.2 million shares were sold, according to the company’s statement. The offering price had already been revised earlier in the week from an even lower bracket of $17 to $19, a sign that demand among investors was stronger than expected. The public debut gives Gemini a market value of around $3.3 billion based on the company’s outstanding shares. The stock began trading on the Nasdaq last Friday under…

ThursdaySep 18, 2025 9:00 am

Beeline Holdings Inc. (NASDAQ: BLNE) Clears Debt, Targets Full Profitability by Q1 2026

Beeline Holdings has paid down all of its outstanding debt, excluding warehouse lines tied to mortgage originations, and expects to achieve cash flow positive operations by Q1 2026. Q2 2025 revenue rose 27% quarter-over-quarter to $1.7 million, with costs cut 40%. New product launches include BeelineEQUITY, BlinkQC, and an AI mortgage chatbot. Management has been buying shares, signaling confidence in the company’s trajectory, and will present its growth strategy at the Centurion One Capital Summit in October 2025. Beeline Holdings (NASDAQ: BLNE),  a digital mortgage platform redefining the path to homeownership, has eliminated over $7 million in debt and is positioning…

TuesdaySep 16, 2025 9:00 am

Crypto Records Strong Quarter Despite 30% August Funding Drop

Crypto fundraising in August totaled $1.9 billion, marking a 30% decline from the $2.67 billion raised in July, according to data from DefiLlama. Even with the slowdown, venture capital activity for the month was fairly consistent with July’s levels, largely supported by PUMP’s $600 million public token sale. Decentralized finance (DeFi) protocols took the lead in fundraising during August. Some of the standout rounds included $50 million raised by Portal, $40 million secured by M0 in the Series B round, and a $20 million strategic investment into aPriori. Investor interest stayed steady across trading platforms and infrastructure development, showing that…

FridaySep 12, 2025 9:00 am

Reports Say Crypto Firm Gemini Has Welcomed Nasdaq as an Investor

Crypto exchange Gemini, founded by Tyler and Cameron Winklevoss, has brought Nasdaq on board as a key investor while preparing for a public listing in New York, according to sources familiar with the matter. The Winklevoss twins, who became widely known after a legal settlement with Facebook and Mark Zuckerberg in 2008, invested a portion of their settlement in crypto. That early bet turned them into some of the world’s first billionaires in the digital asset space. The exchange is aiming to raise up to $317 million through its IPO. As part of the plan, Nasdaq will purchase $50 million…

ThursdaySep 11, 2025 9:00 am

Crypto Investment Vehicles Record Weekly Outflows of $352 Million

Crypto asset investment products saw heavy net outflows last week, totaling $352 million, as hopes of the Federal Reserve’s rate cut failed to improve market confidence. Ethereum products faced the steepest losses, with $912 million in outflows. Meanwhile, Bitcoin attracted investor interest, pulling in $524 million. According to CoinShares, trading activity fell by 27% compared to the prior week, a sign that enthusiasm for crypto has cooled despite growing expectations of September rate cuts. Total inflows for 2025, however, stand at nearly $36 billion, 4.2% higher than the entire tally from 2024. Regionally, the U.S. led with $440 million in…

TuesdaySep 09, 2025 9:00 am

Crypto Investors Have Nearly 100% Expectation of September Fed Rate Cut

Speculation over whether the Federal Reserve will lower interest rates this month has reached a new high, with cryptocurrency investors paying especially close attention. Historically, rate cuts have often marked the beginning of strong rallies in digital assets and other riskier markets. With only a couple of weeks left before the next FOMC meeting, traders are already debating what decision the Fed will make and what that could mean for Bitcoin and the wider crypto market. Data from the CME Group’s Fed Watch Tool currently shows the strongest odds yet of a rate cut happening this month. Throughout August, expectations…

FridaySep 05, 2025 9:00 am

South Korea Agrees to Start Sharing Cryptocurrency Data with 48 Countries

The South Korean government has announced plans to begin collecting and sharing information on crypto investors, both local and foreign, who trade through local exchanges such as Bithumb and Upbit. Data collection is scheduled to start next year, while the full system is set to officially launch in 2027. Under the plan, the transaction records of South Korean investors will also be provided to the national tax office. This means exchanges must submit both trading activity and personal details of their users to tax authorities starting in 2026. The new rules are part of the Crypto-Asset Reporting Framework (CARF), which…

ThursdaySep 04, 2025 9:00 am

Bitcoin Volatility Tamps Down, Paving the Way for Wall Street Involvement

Bitcoin’s extreme price fluctuations have eased this year, and analysts at JPMorgan suggest a major reason could be the growing number of corporations adding the digital asset to their balance sheets. The asset’s 3- and 6-month rolling volatility, which tracks how quickly and sharply its price shifts, has dropped to unusually low levels. This decline in turbulence has persisted even as Bitcoin hit fresh record highs. As of last Friday, the asset traded around $108,000 before bouncing to more than $109,000. So far in 2025, it has gained more than 17%. Bitcoin has been far more turbulent than traditional investments…

WednesdaySep 03, 2025 9:00 am

Crypto Adoption Surges in Venezuela as Currency Collapses, Inflation Soars

Digital currencies are increasingly becoming part of everyday life in Venezuela as people seek ways to protect their income from the rapid decline of the bolívar and stringent financial restrictions. Shops of all sizes, from corner stores to national retail chains, now accept payments in crypto using services like Airtm or Binance. Some companies have taken it a step further, using stablecoins to cover employee salaries, while several universities have established programs that teach students about blockchain and digital assets. Venezuela ranked 13th worldwide for cryptocurrency adoption in the 2024 Chainalysis Global Cryptocurrency Adoption Index, with usage growing 110% compared…

FridayAug 29, 2025 9:00 am

Banks Feel Stablecoins Could Pose an Existential Threat to Them

The introduction of the GENIUS Act, which officially regulates stablecoins, has stirred new friction between banks and the cryptocurrency sector. Traditional financial institutions are sounding alarms that the law could encourage massive movement of funds out of banks and into digital assets, potentially shifting trillions of dollars. Major banking groups, including the American Bankers Association, are redirecting their lobbying efforts to secure changes in the legislation. Their primary concern is the possibility of customers choosing stablecoins over bank deposits, particularly if crypto platforms continue offering attractive yields. The GENIUS Act prevents issuers themselves from paying interest on customer deposits. However,…