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Category: Financial

BREAKING: US Treasury Secretary Bessent Makes Hot Comments on Interest Rate Cuts During Live Broadcast

Posted on August 13, 2025 by US_admin

US Treasury Secretary Scott Bessent made noteworthy assessments of the FED in his statements to Fox Business. Bessent argued that the Fed should have cut… Continue reading

Posted in Financial

ETHZilla Ethereum Treasury Stock Skyrockets After Peter Thiel Buys Stake

Posted on August 13, 2025 by US_admin

Tech billionaire Peter Thiel is backing yet another Ethereum treasury company—and the company’s stock has tripled in price on the development. According to a recent… Continue reading

Posted in Financial

Circle Dips 6% After Hours on 10M Share Secondary Offering

Posted on August 13, 2025 by US_admin

Circle (CRCL), the stablecoin issuer firm behind the USDC token, announced on Tuesday a secondary stock sale of 10 million shares. The company is offering… Continue reading

Posted in Financial

Ether, Cardano, XRP Among Cryptos Taking New Leg Higher as Scott Bessent Floats 50 Basis Point Rate Cut

Posted on August 13, 2025 by US_admin

Altcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider a 50 basis… Continue reading

Posted in Financial

Kazakhstan’s Fonte Capital Introduces Central Asia’s First Spot Bitcoin ETF

Posted on August 13, 2025 by US_admin

Kazakhstan, one of the world’s largest bitcoin mining countries, has become the location of central Asia’s first spot bitcoin BTC$120,043.54 exchange-traded fund (ETF). Astana-based Fonte… Continue reading

Posted in Financial

Galaxy Reports Challenging Crypto Fundraising Environment

Posted on August 13, 2025 by US_admin

Crypto venture capital investment fell sharply to $1.97 billion in Q2 2025, a 59% quarterly decline, according to Galaxy Digital Research. The firmwide research head… Continue reading

Posted in Financial

Circle Q2 Snapshot: $61.3B USDC in Circulation, $126M Adjusted EBITDA, $482M Net Loss

Posted on August 13, 2025 by US_admin

Circle Internet Group (NYSE: CRCL) reported robust growth in the second quarter of fiscal 2025 but slid to a large net loss as one-time IPO-related… Continue reading

Posted in Financial

OpenEden taps BNY Mellon to manage tokenized US Treasury assets

Posted on August 13, 2025 by US_admin

Real-world asset (RWA) tokenization platform OpenEden partnered with The Bank of New York Mellon Corporation (BNY Mellon) to manage and custody the underlying assets of… Continue reading

Posted in Financial

Musk’s Grok Bot Goes From Genocide Claims to Seeing Nazis in Puppies

Posted on August 13, 2025 by US_admin

Grok was briefly suspended from X yesterday after stating that Israel and the U.S. were “complicit in genocide in Gaza,” citing the International Court of… Continue reading

Posted in Financial

Bitcoin ETFs Bounce Back—But Ethereum Funds Are on Top

Posted on August 12, 2025 by US_admin

Bitcoin exchange-traded funds staged a solid recovery last week with $260 million in inflows after two consecutive weeks of outflows, but still fell short of… Continue reading

Posted in Financial

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