Figure Technology has raised its IPO price range to $20–$22 per share, lifting potential proceeds to $689 million from the primary offering. Read More at https://cointelegraph.com/news/figure-technology-raises-ipo-target-eyes-689m-in-proceeds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Crypto traders’ current fear won’t last long, analysts say
Analysts tell Cointelegraph that Bitcoin reclaiming $117,000 and a Federal Reserve rate cut would be key drivers of positive sentiment. Read More at https://cointelegraph.com/news/rypto-sentiment-drops-but-recovery-expected?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum validator exit queue to spike as Kiln moves tokens
Ethereum educator Anthony Sassano says the significant amount of Ethereum “will presumably” be restaked and not sold off. Read More at https://cointelegraph.com/news/ethereum-validator-exit-queue-increase-concerns-eth-educator?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Gemini boots IPO to $433M, aims for $3 billion valuation
Crypto exchange Gemini upped its initial public offering ahead of its debut on Friday, and is now aiming for a valuation of over $3 billion. Read More at https://cointelegraph.com/news/gemini-boots-ipo-433m-aims-3-billion-valuation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Banks should offer better rates to counter stablecoins: Bitwise CIO
Bitwise investment chief Matthew Hougan says banks should pay their customers higher interest rates if they’re worried about competition from stablecoins. Read More at https://cointelegraph.com/news/banks-should-offer-better-rates-counter-stablecoin-risks-bitwise-cio?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DC attorney general sues Athena Bitcoin over alleged hidden fees
The attorney general for the District of Columbia, Brian Schwalb, alleges that Athena Bitcoin charged undisclosed fees and had insufficient safeguards to stop fraud and scams. Read More at https://cointelegraph.com/news/athena-bitcoin-sued-undisclosed-fees-scam-safeguards?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fintech Farmway strikes $100M deal to tokenize Georgia’s almond orchards
Farmway’s deal will build on a previous investment in Georgia’s almond orchards, adding 100 hectares and tokenizing infrastructure, according to the company. Read More at https://cointelegraph.com/news/farmway-100m-tokenize-georgia-almond-orchards?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cboe plans 10-year-dated Bitcoin and Ethereum futures for US
Cboe Global Markets plans to launch futures for Bitcoin and Ether with a 10-year expiry on Nov. 10, pending regulatory approval. Read More at https://cointelegraph.com/news/cboe-plans-10-year-dated-bitcoin-ethereum-futures?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Sharplink starts $1.5B share buyback as it trades below asset value
Sharplink co-CEO Joseph Chalom says maximizing stockholder value is the top priority for the company after its shares fell below its net asset value. Read More at https://cointelegraph.com/news/sharplink-gaming-shares-buyback-ethereum-treasury-net-asset-value?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Belarus president urges banks to expand crypto use as sanctions bite
President Alexander Lukashenko claims crypto exchanges operating in Belarus are on track to possibly double external payments by the end of the year. Read More at https://cointelegraph.com/news/belarus-president-urges-banks-to-expand-crypto-use-as-sanctions-bite?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound