Author: admin
In brief Securitize is eyeing a Nasdaq debut through an SPAC deal. The proposed merger would value Securitize at $1.25 billion. The firm is behind BlackRock’s $2.8 billion BUIDL fund. Securitize plans to go public by combining with Cantor Equity Partners II, in an SPAC deal valuing the BlackRock-backed tokenization firm at $1.25 billion, according to an announcement on Tuesday.The company’s common stock will trade on the Nasdaq under the ticker symbol “SECZ” once the transaction is completed, Securitize said. The firm will also issue digital representations of its stock on a blockchain, the company added.Securitize expects up to $469…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The path cleared for Solana to list a spot ETF in the US on Tuesday, while XRP remains on the sidelines, and the decisive factor was not market cap or politics but mechanics. In a late-night breakdown, Multicoin Capital’s general counsel Greg Xethalis mapped the five boxes an issuer must tick to launch during an SEC shutdown—and why Bitwise and Canary were in position to move while (by extension) XRP issuers were not. “To launch, you need: ‘33 Act — Effective Registration Statement on Form S-1. ‘34…
A quiet but historic moment has unfolded, which may reshape how traditional markets value digital assets like Bitcoin.For the first time, a major global rating agency has evaluated a company whose borrowing model is directly tied to BTC.On Oct. 27, S&P Global Ratings assigned Strategy Inc. (MSTR) a “B-” rating with a Stable outlook.Speaking on this, Mathew Sigel, the head of digital asset research at VanEck, said:“That’s high-yield territory. Able to service debt for now, but vulnerable to shocks. “Nonetheless, the rating marks a recognition of the firm’s debt structure and the role of Bitcoin as legitimate collateral within the…
In brief A “runaway bot” drove Hyperliquid’s HYPE token to $98 on Lighter DEX, highlighting thin liquidity risks on DEXs. One trader claimed to have profited to the tune of $600,000 during the anomaly. The DEX erased the price wick from its front end, sparking a debate around data transparency. A “runaway bot” triggered a violent price spike for the HYPE token, briefly sending it to $98 and igniting a debate over liquidity and frontend transparency on decentralized exchanges.Hyperliquid’s HYPE token skyrocketed from $47 to roughly $98 in a minute on the decentralized exchange Lighter before crashing back down on…
Securitize to Go Public in $1.25B SPAC Deal, Bringing Tokenized Shares to Nasdaq Source link
A pro-crypto bill will be tabled today in the French Parliament by the center-right Union of the Right and Centre (UDR) party, led by lawmaker Éric Ciotti, marking the first time such a comprehensive legislative proposal on cryptocurrency has been introduced in France. The initiative calls for a national Bitcoin Strategic Reserve and aims to position the cryptocurrency as a form of “digital gold” to strengthen financial sovereignty. The proposed legislation would see France aim to acquire up to 2% of Bitcoin’s total supply — roughly 420,000 BTC — over the next seven to eight years, according to journalist Gregory…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US Representative Ro Khanna announced plans to introduce legislation aimed at stopping elected officials — including US President Donald Trump, members of Congress and their families — from trading or creating cryptocurrencies and from taking certain foreign funds. The move comes amid renewed scrutiny over political ties to the crypto industry and follows high-profile developments this year that have focused attention on possible conflicts of interest. Khanna Announces New Measure Vs. Trump Crypto Trading Khanna said the proposal would bar the president, his family, members of Congress…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors fall slightly after weekend rally; BTC -1% at $114,500 SOL holds $200 ahead of Bitwise BSOL ETF launch today (with staking) Democrats call for crypto creation and trading to be banned for elected officials ETHZ stock pops 14% after DAT dumps $40M in ETH MegaETH raises over $500M in first 24 hours of public ICO 🔥 Solana Staking ETF Goes Live TodayToday is another first…
Trump’s Truth Social moves into prediction markets with Crypto.com Source link
Bitcoin price is once again testing the patience of traders, moving within one of the tightest percentile price ranges in its history. For more than four months, BTC has traded between roughly $106,000 and $123,000. This period of quiet has pushed volatility to its lowest level ever recorded on six-month metrics. Each time in the past that volatility has fallen to similar depths, it has been followed by a major trending move. Bitcoin Price Volatility Compression The current lull stands out even compared to previous phases of consolidation in this cycle. Despite occasional liquidations and sharp wicks, the broader price…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Quick Facts: 1️⃣ The Fed’s expected rate cut and low Stablecoin Supply ratio point to rising liquidity and renewed confidence across the crypto market. 2️⃣ A dovish speech by Powell could unlock fresh capital for risk assets, setting up a true ‘Uptober’ breakout. 3️⃣ Post-FTX demand for self-custody continues to grow, boosting interest in wallet-based ecosystems like Best Wallet. 4️⃣ $BEST has raised over $16.69M, showing strong signs of adoption ahead of launch. The final week of October is shaping up to be one of the most…