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ETHZilla’s $40M ETH Sale for Buybacks Could Pressure Ethereum Price if Trend Spreads
ETHZilla, the seventh-largest Ethereum digital asset treasury firm, sold $40 million in ETH to fund share buybacks, aiming to reduce share dilution and boost market-to-net-asset-value (mNAV). This str...
Bitcoin Reaches Record Close Above $116,000 as Crypto Rally Builds on Policy and Rate Hopes
Bitcoin achieved a record close above $116,000, driven by renewed investor enthusiasm following the announcement of Trump’s Crypto Advisory Board and anticipation of the FOMC meeting. This surge refle...
Solana Staking ETF Launch May Attract $3B–$6B in Capital to Altcoins
The approval of the first Solana staking ETF marks a pivotal advancement for Solana, potentially drawing $3 billion to $6 billion in institutional investments within the first year, boosting altcoin...
China-ASEAN Upgraded Trade Pact Targets Digital and Green Sectors Amid US Tensions
The upgraded ASEAN-China Free Trade Agreement 3.0 expands cooperation into digital and green economies, aiming to enhance trade amid global tensions. Signed in Kuala Lumpur, it builds on the 2010...
Metaplanet Launches Bitcoin-Backed $500M Share Buyback After mNAV Dip
Metaplanet’s $500 million Bitcoin-backed share buyback aims to boost BTC yield per share after its market-based net asset value dropped to 0.88. The Tokyo-listed firm will repurchase up to 13.13%...
Asian Markets Decline Ahead of Trump-Takaichi Meeting; Korea GDP Exceeds Forecasts
The Nikkei 225 dropped 0.58% to 50,219.18 on Tuesday amid anticipation for the U.S. President Donald Trump and Japanese Prime Minister Takaichi Sanae meeting, snapping a rally near record highs...
Meta, Snap, and TikTok Plan Compliance with Australia’s Under-16 Social Media Ban
Australia’s under-16 social media ban takes effect on December 10, with Meta, Snap, and TikTok agreeing to block users under 16 from their platforms. This groundbreaking law aims to protect...
Fed Rate Cut Could Drive Bitcoin Toward New All-Time High
The Federal Reserve’s potential 25 basis point rate cut on October 29 could boost Bitcoin prices by increasing market liquidity and encouraging risk-on investments. Traders anticipate this move to pro...
South Korean Investor Faces Major Losses on BYND Bet, Seeks Community Revival Amid 98% Decline
A South Korean retail investor lost over 70% of his $55,000 life savings investment in Beyond Meat stock after buying shares at $7 each, now trading below $2 amid the...
Chegg Slashes 45% of Jobs Amid AI Pressures and Google Search Declines
Chegg is cutting 388 jobs, or 45% of its workforce, due to declining revenue from AI tools like ChatGPT and reduced Google search traffic. This follows earlier layoffs and highlights...
Bitcoin Developers Debate BIP-444’s Potential Impact on Decentralization
BIP-444 is a proposed Bitcoin Improvement Proposal aimed at temporarily restricting certain network features to combat spam, but it has ignited controversy among developers and miners for potentially ...
Amazon May Cut Up to 30,000 Corporate Jobs in Latest Restructuring
Amazon is planning to cut up to 30,000 corporate jobs starting October 28, 2025, to address overhiring from the pandemic era and reduce bureaucracy. This marks its largest layoff since...
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