Bybit announced that its Solana staking asset, bbSOL, is now supported by Anchorage Digital, a federally chartered crypto bank in the U.S. offering compliant custody for institutions. This partnership positions bbSOL as an institutionally supported liquid staking token on Solana, providing a regulated path for on-chain staking participation.https://t.co/Q9MOuKMDOT ...

Hong Kong has stated that it has raised objections to the digital asset treasury (DAT) transformation plans of at least five companies, none of which have received listing approval. Hong Kong currently prohibits listed companies from transforming into pure cryptocurrency hoarders. https://t.co/HzWipgONt1 ...

According to the official filing, Fidelity has submitted an updated S-1 registration for its spot Solana ETF, removing the “delaying amendment,” which previously prevented the registration from becoming automatically effective and placed timing control in the hands of the SEC.https://t.co/7WIu4DuBti ...

According to Bloomberg, some backers of Canton Network are in talks to raise approximately $500 million to establish a listed entity dedicated to investing in Canton Coin. The entity also plans to serve as a supervalidator and develop network applications. DRW Holdings and Liberty City Ventures are expected to contribute the majority of funds in the form of Canton Coin, with an additional $100–200 million anticipated from external investors. https://t.co/XpCkdMvQrj ...

Deal Overview - Fight Fight Fight LLC (Trump-branded memecoin issuer) is in talks to acquire Republic's U.S business [1] - The deal could expand the token's use in startup fundraising and payment applications [1] Republic's Investment Background - Republic has previously received investment from Galaxy Digital and Binance's venture arm [1]

According to Axios, Consensys, the parent company of MetaMask, has selected JPMorgan and Goldman Sachs as lead underwriters for its IPO. The report notes that a more favorable regulatory environment is prompting crypto firms to accelerate their plans to go public. https://t.co/Giq42jIs8f ...

According to Fortune, Mastercard is in talks to acquire crypto infrastructure startup Zerohash for between $1.5 billion and $2 billion. Zerohash builds stablecoin and crypto trading infrastructure, including tokenization APIs and other services for institutional clients. If completed, the deal would mark one of Mastercard’s largest moves yet in the stablecoin space. https://t.co/vyzVCqFnDp ...

Nick Timiraos of the Wall Street Journal noted that Powell’s remarks signaled the FOMC isn’t aligned with market expectations for a December rate cut. He said a cut is “far from” a foregone conclusion and pointed to “strongly differing views” within the committee, which Timiraos saw as a move to restore policy flexibility amid high uncertainty. https://t.co/d5lr1gEUkm ...

The Federal Reserve lowered the upper bound of the federal funds rate to 4.00%, down 25 basis points from 4.25% and in line with expectations. According to the FOMC, balance sheet runoff will cease on December 1. Starting then, all principal payments from maturing Treasury securities will be rolled over at auction, and all principal payments from agency debt and MBS will be reinvested into short-term Treasury bills. https://t.co/w5nQ5YkpIh ...

The Federal Reserve announced its interest rate decision (upper bound) at 4.00%, in line with the expected 4.00%, down from the previous 4.25%, marking a 25 basis point cut. https://t.co/7NRjqmTinL ...