TLDR: AVAX One used $110 million to acquire 9.37 million AVAX tokens at an average price of $11.73 per token The company now holds over 13.8 million AVAX tokens as part of an aggressive treasury accumulation strategy AVAX One has…
TLDR Hyperliquid will unlock 9.92 million HYPE tokens, worth $314 million, on Saturday. The entire token allocation will be unlocked at once, raising concerns about selling pressure. Community members are urging the team to address concerns about market stability. BitMEX…
TLDR Revolut reached a valuation of $75 billion after a recent share sale. The share sale was led by Coatue, Greenoaks, Fidelity and Dragoneer with support from a16z and Nvidia’s NVentures. This was the fifth time Revolut offered liquidity to…
TLDR CME Group will launch spot futures for XRP and Solana on December 15, pending regulatory review. The new futures contracts will track spot prices in real time and offer lower margin requirements for capital efficiency. XRP has seen significant…
TLDR Animoca Brands received in-principle approval from ADGM’s FSRA to operate as a regulated fund manager in Abu Dhabi. The company must meet capital, compliance and operational standards before securing full regulatory approval. This move follows previous approval in Dubai…
TLDR The Dogecoin ETF is launching on the NYSE after completing its conversion to a publicly traded product. Dogecoin traded between $0.1460 and $0.149 with a 1.98% daily increase and $1.48B in volume. Intraday movements showed repeated swings as volatility…
TLDR Token unlocks this week exceed $566 million across multiple crypto projects. HYPE leads with a one-time unlock of $318.17 million, representing 3.66% of its circulating supply. KMNO will release 230 million tokens worth $11.96 million, the highest supply percentage…
TLDR: Tech companies have $500 billion in off-balance sheet AI debt, increasing investor scrutiny. Insurance and pension funds invested $450 billion in AI loans at 9% interest. Oracle bankruptcy insurance rose 67 points in two months amid hidden commitments. UBS…
TLDR MSCI advises on whether Bitcoin, Ethereum and Solana’s financial companies should be classified as funds rather than companies. Michael Saylor responded by emphasizing that his company operates as a traditional corporation, not a fund or trust. MSCI’s potential reclassification…
TLDR The Federal Reserve is facing a data gap as the October CPI report was canceled due to the government shutdown. The delay in the CPI report means the Fed will lack crucial inflation data ahead of its policy decision…