Despite the recent market bloodbath, Avalanche (AVAX) continues to attract both institutional and retail interest, gaining 17% in the 24-hour charts and trading near $35.50 after a series of sharp rallies. The token’s recent surge has been driven by whale demand, a $550 million treasury initiative, and increasing momentum in real-world asset tokenization. Analysts now […]
Tether Looking to Raise Up to $20B, Bringing its Valuation to $500B: Bloomberg
The talks of the deals are in early stages and prospective investors have been given access to a data room over the past few weeks, Bloomberg reported.
U.S. CFTC Moves Toward Getting Stablecoins Involved in Tokenized Collateral Push
The acting chairman of the U.S. derivatives regulator, Caroline Pham, has been pushing an aggressive “crypto sprint” to open the markets to crypto.
Tether seeking up to $20B in new funding round at a valuation of $500B
Tether is pursuing talks with investors to raise between $15 billion and $20 billion for approximately 3% of its equity through a private placement, Bloomberg News reported on Sept. 23. The deal could position the crypto firm among the world’s most valuable private companies, with a valuation of around $500 billion. This would place it […]
Bitget Token (BGB) Set for Explosive Surge: Analyst Eyes $10–$20 Breakout
Bitget Token (BGB) trading at $5.18, up 0.62%, with 24-hour trading volume plunging 35.48%. Analysts suggest $3.70 is the key support before a potential surge toward $10–$20. Forecasts for 2025 project BGB prices ranging between $5.62 and $11.39. Bitget Token (BGB) is currently trading at $5.18, a change of 0.62% over the preceding 24 hours. […]
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CFTC to Allow Stablecoins as Collateral in US Derivatives Markets
The CFTC is considering a plan to let stablecoins serve as collateral in US derivatives markets, a move that could expand retail access but also increase financial risks. The post CFTC to Allow Stablecoins as Collateral in US Derivatives…
UXLINK Falls Victim to $11.3 Million Exploit, Token Plunges By Over 70%
UXLINK has fallen victim to an $11.3 million exploit that took advantage of a vulnerability in its multi-signature wallet, allowing hackers to gain admin rights.
CFTC Advances Tokenized Collateral and Stablecoins Initiative for US Markets
Tokenized finance is entering a new era as U.S. regulators fast-track stablecoins and crypto assets into mainstream derivatives markets. CFTC Backs Tokenized Collateral as Stablecoins Gain Ground in Regulated Markets A growing push for blockchain adoption in regulated finance…
Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
Tether, the issuer of the world’s largest stablecoin by market capitalization and trading volume, USDT, is reportedly seeking to raise between $15 billion and $20 billion through a private placement, potentially elevating the company’s valuation to around $500 billion. …