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Big Tech earnings storm: Meta Platforms, Microsoft, Alphabet Inc. in focus Source link
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Faruk Fatih Ozer, founder of the now-defunct Thodex exchange, was found dead in his prison cell while serving his sentence in Turkey, according to local media reports. The former exchange CEO was sentenced in 2023 to 11,196 years in jail for various financial crimes. Thodex CEO Might Have Committed Suicide: Turkish Minister On Saturday, November 1, Bloomberg reported that Ozer died in his prison cell in the F-Type High Security Closed Prison in the Western Turkish city of Tekirdag. Citing Turkish broadcaster TRT, Bloomberg revealed that the…
Brian Armstrong wrapped Coinbase’s third-quarter earnings call on Oct. 30, with a line that instantly resolved live prediction market contracts on Polymarket and Kalshi.The episode sparked debates about whether the industry’s most visible CEO had just mocked a niche betting venue or crossed a line that regulated financial executives shouldn’t approach.Armstrong said in the final seconds of the call:“I was a little distracted because I was tracking the prediction market about what Coinbase will say on their next earnings call. And I just want to add here the words Bitcoin, Ethereum, blockchain, staking, and Web3 to make sure we get…
In brief BlackRock’s IBIT saw its largest single-day outflow since early August, shedding $290 million. The drop reflects short-term macro uncertainty and a closed arbitrage window, not a long-term shift, according to analysts. Despite the weekly outflow, October’s total ETF inflows still beat September’s at $3.61 billion. U.S. spot Bitcoin ETFs witnessed a significant wave of outflows this week, led by BlackRock’s IBIT, which saw its largest single-day redemption since early August, signaling a shift in short-term institutional sentiment.The products saw a net outflow of $388.43 million on October 30, with BlackRock’s IBIT contributing $290.88 million to the total—the largest…
2 overbought cryptocurrencies to avoid trading next week Source link
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Malaysia’s central bank has launched a three-year push to test tokenizing real-world assets, aiming to move experiments from concepts into live trials. The plan sets out pilots and proof-of-concepts that regulators and industry will run together over the next few years. Malaysia: Digital Asset Innovation Hub Moves Into Action Based on reports, Bank Negara Malaysia (BNM) and the Securities Commission have created a Digital Asset Innovation Hub and an Industry Working Group to guide projects. The hub will host pilots on things like supply-chain finance for small…
The debate pitting Ethereum versus Solana as rival L1s misses how radically their architectures diverged in 2025. Ethereum evolved into a settlement layer for modular rollups, while Solana doubled down on monolithic throughput.Ethereum abandoned the monolithic-chain race years ago, as its roadmap treats the base layer as settlement infrastructure. At the same time, execution occurs on layer-2 (L2) rollups that post state roots back to the mainnet.Solana made the opposite bet, with one unified ledger, sub-second slot times, and a proof-of-history pipeline that sequences transactions in a single global ledger.Both paths deliver transactions that feel instant to users clicking “send,”…
In brief REX Shares unveiled the REX IncomeMax Option Strategy ETF. The products seeks to turn volatility into weekly income. The product has exposure to several crypto firms. REX Shares unveiled an exchange-traded fund on Friday that will try to turn price swings into weekly income for some of the U.S. market’s most volatile stocks, including crypto-focused companies.The product, dubbed the REX IncomeMax Option Strategy ETF, follows a hedge-fund style strategy to provide cash flow through option premium income, the company said in a statement. To that end, the ETF will have exposure to as many as 30 publicly traded…
Crypto sentiment remains fearful despite new US–China trade deal Source link
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The ongoing United States (US) government shutdown has caused a delay in the approval of several crypto investment products, including the XRP ETFs. As investors eagerly anticipate institutional exposure to one of the most popular and debated crypto assets, new insights from market insiders shed light on revised timelines, procedural shifts, and what could happen once the regulatory delay is cleared. XRP ETF Approval Delayed Amid US Government Shutdown Former Fox Business Journalist Eleanor Terrett has provided fresh updates on the evolving timeline for XRP ETFs approval.…