Dubai Royal-Backed Fund MGX Buys 15% of TikTok U.S. Business in Major Stake Deal: Report
MGX, which previously bought $2 billion of World Liberty Financial’s USD1, and Oracle will control nearly half of TikTok’s U.S. arm as American firms secure majority ownership. Sep 26, 2025, 9:51 p.m. MGX, a fund backed by Dubai’s ruling family, will take a 15% stake in TikTok’s U.S. business as part of a restructuring meant to
Crypto Platform Bullish’s Second Quarter Earnings Beats Wall Street’s Estimates
Crypto Platform Bullish’s Second-Quarter Earnings Beats Wall Street’s Estimates The crypto platform that went public on the New York Stock Exchange in August sees higher adjusted Ebitda for the third quarter. Updated Sep 18, 2025, 7:05 a.m. Published Sep 17, 2025, 9:16 p.m. Bullish (BLSH), the owner of CoinDesk, earnings per share beat average analyst estimates, while
Fed Cuts Rate in ‘Risk Management’ Move as Bitcoin Eyes Possible Upside
The U.S. central bank lowered its benchmark rate range by 25 basis points to 4%-4.25%, citing softening labor markets and economic uncertainty. Updated Sep 17, 2025, 8:23 p.m. Published Sep 17, 2025, 6:05 p.m. The Federal Reserve has returned to easing mode after ten months of taking a wait and see approach on the U.S. economy. In
CoreWeave Stock Climbs 5% After $6.3B Cloud Capacity Deal with Nvidia
CoreWeave Stock Climbs 5% After $6.3B Cloud Capacity Deal with Nvidia Nvidia agreed to purchase CoreWeave’s unused data center capacity through 2032. Sep 15, 2025, 1:45 p.m. CoreWeave (CRWV) were higher by about 5% in early U.S. trading Monday after the cloud computing company entered into a $6.3 billion deal with Nvidia (NVDA) to guarantee use
Polymarket Weighs $9B Valuation Amid User Surge and CFTC Approval: The Information
Polymarket Weighs $9B Valuation Amid User Surge and CFTC Approval: The Information That would be a massive jump as the betting platform raised funds at just a $1 billion valuation just back in June. Updated Sep 12, 2025, 7:57 p.m. Published Sep 12, 2025, 7:56 p.m. Polymarket, the online betting exchange where users wager on real-world outcomes
Gemini Stock Jumps 45% in Early Trades After IPO
Gemini Stock Jumps 45% in Early Trades After IPO The Winklevoss-led crypto exchange had sold 15.2 million shares, raising $425 million. Updated Sep 12, 2025, 5:55 p.m. Published Sep 12, 2025, 5:47 p.m. Shares of Gemini (GEMI) opened at $41 a share on the Nasdaq Global Select Market on Friday, rising 45% from last night’s IPO price.
BlackRock Weighs Tokenized ETFs on Blockchain in Push Beyond Treasuries: Report
The world’s largest asset manager is exploring putting exchange-traded funds on chain, sources told Bloomberg. Sep 11, 2025, 7:23 p.m. BlackRock is exploring how to bring exchange-traded funds (ETFs) onto public blockchains, people familiar with the matter told Bloomberg. The sources said the asset manager is weighing tokenizing funds tied to real-world assets such as stocks
Rising Jobless Claims Eclipse Inflation Data as Recession Fears Resurface
Rising Jobless Claims Eclipse Inflation Data as Recession Fears Resurface Initial jobless claims surged to 263,000 last week — the highest in 4 years — signaling weakening growth and bringing stagflation fears to the forefront. Sep 11, 2025, 4:22 p.m. Markets are ignoring a hotter-than-expected inflation report and instead turning their attention to the latest signs