Digital asset securities firm Securitize is pursuing a public listing through a Cantor Fitzgerald SPAC while simultaneously announcing a groundbreaking partnership with BNY Mellon. The collaboration will bring collateralized loan obligations onto the blockchain, marking another significant move of traditional finance onto digital infrastructure. This dual announcement signals growing institutional adoption of blockchain technology for traditional financial instruments.
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News from Australia
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Bitcoin Drops Despite Fed Rate Cut, QE End
Bitcoin’s price unexpectedly fell to $109,200 despite the Federal Reserve implementing a 0.25% interest rate reduction and concluding its quantitative easing program. This counterintuitive market reaction has left traders questioning why the cryptocurrency is declining amid traditionally bullish monetary policy developments, revealing deeper concerns about macroeconomic stability that are overshadowing accommodative monetary measures.
read moreBitcoin Derivatives Reset Signals Potential Bull Move
Bitcoin’s derivatives market is undergoing a significant reset as funding rates turn negative and open interest patterns shift dramatically. Multiple crypto analysts suggest this combination of declining funding rates with increasing open interest points to aggressive short positioning rather than long liquidation, creating conditions that historically precede substantial bullish moves. The current market setup mirrors patterns from June and September that previously fueled significant Bitcoin price rallies.
read moreStride Stock Plummets 50% on Weak Financial Outlook
Stride shares collapsed more than 50% in afternoon trading despite beating third-quarter expectations. The dramatic selloff was triggered by management’s disappointing financial forecast that overshadowed strong quarterly results. Investors punished the online education company for its grim outlook, sending LRN stock to its worst single-day performance in recent memory.
read moreTop Leveraged & Inverse ETFs Gain Over 100% Weekly
Leveraged and inverse exchange-traded funds delivered explosive returns last week as gold markets experienced significant volatility, with Deutsche Bank’s gold-focused fund leading the pack at over 105% gains. These specialized instruments offer amplified exposure to market movements but carry substantial risks due to their leveraged structure, requiring investors to approach them with caution and thorough research.
read moreFed Cuts Rates 25bps, Bitcoin Dips 3% Amid Shutdown
The US Federal Reserve has implemented a second consecutive quarter-point rate cut to address labor market concerns during an ongoing government shutdown. Meanwhile, Bitcoin’s price dropped over 3% to around $111,400 as the broader cryptocurrency market showed volatility, with derivatives liquidations reaching $560 million. The central bank also announced it will end its quantitative tightening program in December, while policymakers face challenges due to missing economic data caused by the government shutdown.
read moreBitcoin Dips 4% as Fed Decision Looms, Stocks Hit Highs
Bitcoin fell over 4% to near $111,000 on Wednesday as U.S. equities reached new record highs ahead of the Federal Reserve’s policy decision, highlighting a divergence driven more by cryptocurrency positioning and flows than broad macroeconomic risk aversion. The crypto market’s $100 billion capitalization drop occurred even as Nvidia crossed the $5 trillion market value threshold, concentrating stock gains in a handful of AI leaders while crypto de-risked ahead of event risk.
read moreSaylor: Bitcoin to Hit $150K by 2025 Amid US Regulatory Shift
MicroStrategy co-founder Michael Saylor has forecast Bitcoin will reach $150,000 by the end of 2025, describing the past 12 months as “the best 12 months in the history of the industry” during an interview at the Money 20/20 conference in Las Vegas. The prominent Bitcoin advocate cited multiple positive regulatory developments in the United States that have created a fundamentally bullish environment for digital assets, including the Securities and Exchange Commission’s embrace of tokenized securities and Treasury Secretary Scott Bessent’s endorsement of stablecoins to protect dollar dominance.
read moreNvidia Hits $5 Trillion, AI Spending Drives Mag 7 Stocks
Nvidia has shattered market records by becoming the first public company in history to reach a $5 trillion market valuation, signaling a watershed moment for artificial intelligence investments. As Microsoft, Alphabet, and Meta lead the Magnificent 7 stocks with aggressive AI spending, Bloomberg Open Interest provided exclusive insights from financial leaders including KKR’s Henry McVey on Federal Reserve policy and Booking Holdings CEO Glenn Fogel on surging travel demand, painting a comprehensive picture of current market dynamics.
read moreCZ Considers Libel Suit Against Warren Over Trump Pardon Claims
Former Binance CEO Changpeng “CZ” Zhao is preparing to file a libel lawsuit against Senator Elizabeth Warren over her explosive claims that he bribed former President Donald Trump for a presidential pardon. The potential legal action, confirmed by Zhao’s attorney Teresa Goody Guillén of Baker & Hostetler, represents a dramatic escalation in tensions between cryptocurrency executives and their most vocal political critics in Washington. This development comes amid ongoing congressional scrutiny of Trump’s pardon and highlights the increasingly contentious relationship between the crypto industry and regulatory authorities.
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