CMC Crypto News

The financial regulator dropped investigations and lawsuits against several crypto companies following Gensler's departure.

The firm plans to issue 23.6 million Class B shares at 900 yen ($5.71) each, bringing total proceeds to 21.2 billion yen, according to filings submitted to the Tokyo Stock Exchange.

Bitcoin reached an intraday low of $86,329, marking a 31% decline from the record high above $126,000 set in early October.

The divergence reveals conflicting policy approaches between the nation's finance ministry and central bank on crypto regulation.

The firm's portfolio includes two crypto index ETFs providing exposure to Bitcoin, Solana, Ethereum and Dogecoin.

The move highlights mounting pressure on digital asset treasury firms, many trading at levels far below the net asset value of underlying crypto holdings.

Tether CEO Paolo Ardoino stated the investment reflects belief in Latin America as a global powerhouse for blockchain innovation

The assessment addresses recent corrections across equities, gold, and digital assets that sparked concerns about economic contraction among investors.

Gunden built his fortune as an arbitrage trader on Tradehill and Mt. Gox, moving tens of thousands of Bitcoin across platforms before Mt. Gox collapsed in 2014.

Delaware registration represents a foundational filing requirement for new ETF launches, though BlackRock must complete additional regulatory documentation before seeking approval.

Introducing staking would require fundamental restructuring at the protocol level to establish a reliable source for distributing staking rewards

Management issued forward guidance of $65 billion in Q4 revenue, signaling sustained demand momentum for AI infrastructure.

The council executed the purchases during a period of significant price volatility, including Bitcoin's surge to an all-time high of $125,100 on Oct. 5.

XRP ranks as the world's third-largest non-stablecoin crypto by market capitalization at $127.3 billion.

ARK's three funds collectively acquired 216,019 shares of the stablecoin issuer across ARKK, ARKW, and ARKF.

The structure lets companies borrow against overcollateralized Bitcoin held by private custodian BitGo, with neither the state nor taxpayers backing the arrangement.

The platform's product suite spans over 450 digital assets plus U.S. futures, equities, ETFs, and institutional services, according to company materials released with the announcement.

The crypto exchange reported record revenue lifted by surging institutional activity around its U.S. spot market launch and new options desk that crossed $1 billion in volume.