Bitcoin treasury firms Strategy and Strive face a growing dilemma: funding continued coin purchases while servicing ever-larger dividend commitments on perpetual preferred shares, a tension that could reshape the $12 billion preferred market.
The Trump administration announced a targeted reshuffling of its 50% duties on Canadian imports, removing certain goods while adding new categories, a move Senator Susan Collins credited to her lobbying efforts.
The IRS plans to overhaul its voluntary disclosure program by cutting penalties and targeting 120-day case resolution, with digital assets handled under the same procedures as other tax violations, according to a Forbes report.
Rising crude prices and geopolitical tensions in the Middle East weighed on equities and bonds in the days leading up to the Federal Reserve's rate decision, leaving the semiconductor sector with its steepest weekly loss since fall.
Advertisement
Japanese equities opened notably lower as overnight softness in U.S. technology shares and lingering energy-cost worries hit chip and bank stocks, a development forex desks are tracking for potential yen cross implications.
A broad risk-off selloff hit U.S. equities, with the Nasdaq 100 dropping nearly 3% after Meta plunged 7%. Forex traders are watching how the equity rout ripples into currency pairs and safe-haven flows.
Crude oil ticked higher during early Asian trading hours as worries about a fresh flare-up in the Middle East resurfaced, nudging risk sentiment and prompting currency-market participants to reassess their positioning.
Former medical device maker Sharps Technology has offloaded all of its Solana holdings and is deploying $223.8 million in cash to repurchase up to $201.3 million in shares and warrants, signaling a full retreat from its crypto-accumulation playbook.
Growing skepticism over whether massive AI infrastructure outlays by hyperscalers will generate adequate returns has dragged the Nasdaq 100 lower, with cash-flow worries amplifying risk-off sentiment across asset classes.
Both New York and London sugar futures extended their decline on Wednesday, marking a fourth consecutive session of losses as traders continue to liquidate long positions after last week's contract-high rally.
Super Micro's unexpected disclosure that revenue and margins could significantly exceed prior expectations triggered a sharp rally in its stock, with peers Dell and HPE also gaining on the news.
Tether CEO Paulo Ardoino responded to a bipartisan Senate investigation accusing the stablecoin issuer of supporting Iran's shadow banking, arguing the firm's proactive freezing of suspicious wallets has dramatically reduced illicit flows.
Broadcom, Verizon, UnitedHealth and six other companies have formally objected to having their shares tokenized under the SEC's new Innovation Exemption, signaling deep institutional skepticism toward the OKX-ICE trading venue.
The Crypto.com spin-off joins Coinbase, Kalshi, and Payward in a growing wave of filings to bring non-expiring, cash-settled futures on individual US equities to regulated American markets.
The CFTC has asked a federal court to throw out CME Group's lawsuit, arguing the exchange cannot demonstrate any actual financial harm and that any registered venue is free to list perpetual futures on digital assets.
The Trump administration announced a targeted reshuffling of its 50% duties on Canadian imports, removing certain goods while adding new categories, a move Senator Susan Collins credited to her lobbying efforts.
Japanese equities opened notably lower as overnight softness in U.S. technology shares and lingering energy-cost worries hit chip and bank stocks, a development forex desks are tracking for potential yen cross implications.
Growing skepticism over whether massive AI infrastructure outlays by hyperscalers will generate adequate returns has dragged the Nasdaq 100 lower, with cash-flow worries amplifying risk-off sentiment across asset classes.
Advertisement
Bitcoin treasury firms Strategy and Strive face a growing dilemma: funding continued coin purchases while servicing ever-larger dividend commitments on perpetual preferred shares, a tension that could reshape the $12 billion preferred market.
The IRS plans to overhaul its voluntary disclosure program by cutting penalties and targeting 120-day case resolution, with digital assets handled under the same procedures as other tax violations, according to a Forbes report.
Former medical device maker Sharps Technology has offloaded all of its Solana holdings and is deploying $223.8 million in cash to repurchase up to $201.3 million in shares and warrants, signaling a full retreat from its crypto-accumulation playbook.
Stock
Rising crude prices and geopolitical tensions in the Middle East weighed on equities and bonds in the days leading up to the Federal Reserve's rate decision, leaving the semiconductor sector with its steepest weekly loss since fall.
Stock
Super Micro's unexpected disclosure that revenue and margins could significantly exceed prior expectations triggered a sharp rally in its stock, with peers Dell and HPE also gaining on the news.
Stock
Bending Spoons shares surged 41% after Berkshire Hathaway disclosed a $330 million stake, bringing its total investment past $900 million. The Milan-based holding company continues acquiring distressed SaaS names at steep discounts while cutting jobs, reshaping the software landscape.
Stock
A sharp pullback in artificial intelligence stocks and hotter-than-expected inflation data shook markets last week, but strong bank results and a broadening of capital beyond tech are creating fresh opportunities for equity investors.
Indicative FX reference rates against the US dollar. · Updated 25 Oct, 00:02 UTC
