Sophon sets Nov. 25 withdrawal deadline ahead of mainnet shutdown
In June, Sophon’s developers said the costs of maintaining a standalone blockchain no longer justified its benefits and announced plans to focus on consumer…
Bitcoin rally could revive treasury buying, but easy-money days over
“A return to last year’s indiscriminate capital raising looks unlikely,” said Bitfinex head of derivatives Jag Kooner. Source:Cointelegraph
Solana treasury firm SkyAI sells all SOL holdings, launches $201M buyback
The former medical device maker has liquidated its Solana treasury and is offering to repurchase shares and warrants using its $223.8 million cash holdings.…
Why the midterm elections are likely to become a strong tailwind for the stock market
The six months subsequent to midterm elections have seen strong gains, historically Source:MarketWatch
Crypto PAC pours $362K into California race voters essentially decided in August
A Fairshake affiliate is supporting incumbent Aisha Wahab through ads in November, but the congresswoman already won a special election in the district.…
Tether: Senator's investigation misses positive work that's led to lower Iran volumes
The stablecoin issuer's CEO, Paolo Ardoino, has been defending against accusations that the firm's stablecoins have fueled financial activity in Iran.…
SpaceX earnings will be all about AI — for better or for worse
SpaceX has been renting out access to computing power, which is a big source of revenue growth but also one that comes at a high cost. Source:MarketWatch
Why the Treasury’s financing plans are sparking anxiety on Wall Street
Yields on 10year and 30year bonds were rising again Monday after falling sharply last week. Source:MarketWatch
Why Elon Musk, Anthropic and other AI titans are giving away shares
Gifts of stock can help with public relations and offer financial advantages to wealthy individuals. Source:MarketWatch
Mastercard launches stablecoin risk screening for banks and payment providers
The new service combines payment data and blockchain analytics to help banks detect suspicious stablecoin transactions before settlement. Source:Cointelegraph
Bitcoin is rejected at $83K as US bond yields reverse higher with equities
Bitcoin price action failed to improve with equities as a sell wall at $83,000 kept BTC in a tight range. Source:Cointelegraph
Public companies object to OKX-ICE’s tokenized stock plan
Nine public companies objected to having their shares offered in tokenized form by OKX and ICE, testing whether platforms can create blockchainbased markets…