Bitcoin is busy copying previous bull market consolidation phases, but seller exhaustion may only kick in if BTC price drops another $8,000 from current levels.
Figure Technology boosts IPO size, total deal could reach $800M
Figure Technology has raised its IPO price range to $20–$22 per share, lifting potential proceeds to $689 million from the primary offering.
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.
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.
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.
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.
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.
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.
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.
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.