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ETFs in Spotlight as Coinbase Shares Slip Despite Upbeat Q3 Earnings
ZACKS· 2025-11-04 14:41
Shares of Coinbase Global, Inc. ((COIN) gained 4.6% on Oct. 31, following the company’s better-than-expected third-quarter 2025 results, backed by solid trading volume. However, the stock failed to maintain this upbeat momentum and slipped 3.9% on Nov. 3, most likely due to the Ethereum-based decentralized finance protocol Balancer suffering a multi-million-dollar hack. This pullback presents an opportune moment for investors interested in Coinbase to consider exchange-traded funds (ETFs) with significant e ...
X @BNB Chain
BNB Chain· 2025-11-04 14:28
RT BNB Chain Developers (@BNBChainDevs)The Fermi Hardfork release is now available for the BSC network.This upgrade reduces the block interval from 750ms to 450ms, significantly improving transaction efficiency, network throughput, and overall performance. The shorter block time enables faster processing and a smoother user experience.Scheduled activation:🔸 Testnet: Nov 10, 2025, 02:25 AM (UTC)🔸 Mainnet: To be decided, following a stress testWe’ll be performing a stress test on Testnet and invite the commun ...
Hang Feng Capital Shines at Hong Kong FinTech Week 2025 with Stablecoin Payments and Digital Asset Management Innovations
Prnewswire· 2025-11-04 09:37
Core Insights - The "Hong Kong FinTech Week 2025" showcased over 700 exhibitors and 37,000 attendees, highlighting the growing interest in financial technology [1] - Fopay and Hang Feng Technology Innovation presented their strategic expansion in digital finance, focusing on cross-border payments and on-chain asset management [1][8] Group 1: Fopay's Cross-Border Payment Solutions - Fopay attracted significant attention with its stablecoin custodial services and immersive cross-border remittance experience zone, leading to long queues at its booth [3][5] - The platform launched a high-speed cross-border remittance feature, allowing attendees to experience instant fund transfers [3] - Fopay's localized stablecoin QR payment functionality was piloted in Brazil, enhancing the payment experience for users [4] Group 2: Hang Feng Technology Innovation's Asset Management Solutions - Hang Feng Technology Innovation focused on "Real Assets, Reimagined Wealth," targeting institutional investors with its on-chain asset management solutions [6][7] - The CEO emphasized the integration of traditional asset allocation models with blockchain technology, aiming for compliant and transparent fund solutions [7] - Plans for a next-generation digital asset infrastructure were revealed, which will be AI-enhanced and interconnected [7] Group 3: Synergy Between Fopay and Hang Feng Technology - The collaboration between Fopay and Hang Feng Technology Innovation represents a "Payments + Asset Management" dual-engine model [8] - This synergy aims to create a compliant, low-friction stablecoin payment network alongside efficient on-chain asset management solutions [8][9] - The initiative serves as a reference for integrating Web3 technologies with traditional economic systems, showcasing the commitment to digital finance innovation [9]
Here's Michael Saylor's Year End Bitcoin Price Target
Yahoo Finance· 2025-11-03 15:16
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin would reach $150,000 by year end, according to Strategy (NASDAQ:MSTR) Chair Michael Saylor. “Our expectation right now is end of the year, it [Bitcoin] should be about $150,000,” Saylor told CNBC on Monday on the sidelines of the Money 20/20 conference in Las Vegas. He added that he expected the leading digital asset to “grind up” to $1 million in the next four to eight years and eventually $20 mil ...
Tharimmune, Inc. Announces Private Placement of Approximately $540 Million Led by DRW and Liberty City Ventures to Establish Canton Coin Treasury Strategy
Prnewswire· 2025-11-03 14:04
Core Viewpoint - Tharimmune, Inc. has announced a private placement offering to raise approximately $540 million through the sale of common stock at a price of $3.075 per share, aimed at acquiring Canton Coin and supporting its digital asset treasury strategy [1][3][4]. Group 1: Offering Details - The private placement is expected to close around November 6, 2025, pending customary closing conditions [3]. - The offering involves participation from notable investors including ARK Invest, Bitwave, and the Canton Foundation, which oversees the Canton Network [2][6]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to acquire Canton Coin, a utility token for the Canton Network, and for general corporate purposes [3][4]. - Tharimmune plans to operate as a Super Validator on the Canton Network to generate additional CC tokens [3][4]. Group 3: Strategic Vision - Tharimmune believes that the Canton Network's blockchain technology is transforming financial infrastructure by enhancing programmability, privacy, and interoperability [4][5]. - The company aims to implement a diverse strategy that includes CC acquisition and the development of applications on the Canton Network to drive institutional utility and scalability [4][5]. Group 4: Management and Leadership - Mark Wendland has been appointed as CEO to oversee the digital asset treasury strategy, while Mark Toomey will serve as President [8]. - Both leaders bring extensive experience in operational leadership and global financial markets [8][9]. Group 5: Market Context - The Canton Network is noted for its ability to connect trusted institutions on a secure blockchain, with significant assets and support from major financial players [5]. - As of September 30, 2025, the Canton Network recorded over 500,000 daily transactions, showcasing its scalability [9].
BTCS to Participate in Upcoming November Conferences
Globenewswire· 2025-11-03 13:30
Core Insights - BTCS Inc. is a blockchain technology-focused company that will participate in several investor conferences in November 2025 [1][2][3] - The company employs a strategy called the DeFi/TradFi Accretion Flywheel, which integrates decentralized finance and traditional finance mechanisms to drive revenue and Ethereum (ETH) accumulation [4] Conference Participation - Blockchain Futurist: November 5-6, 2025, Miami, FL [2] - Cantor Crypto Conference: November 10-12, 2025, Miami, FL [2] - The Premier On-Chain Yield & Staking Conference: November 15-16, 2025, Buenos Aires, Argentina [2] - EthStaker's Staking Gathering: November 18, 2025, Buenos Aires, Argentina [2] - Clear Street Disruptive Technology Conference: November 19-20, 2025, Palm Beach, FL [3] - Devconnect ARG: November 17-22, 2025, Buenos Aires, Argentina [3] Company Overview - BTCS is an Ethereum-first blockchain technology company focused on scalable revenue generation and ETH accumulation [4] - The company combines NodeOps (staking) and Builder+ (block building) within its blockchain infrastructure operations [4] - BTCS aims to provide leveraged exposure to Ethereum through public markets, emphasizing a yield-focused ETH accumulation strategy [4]
X @Wu Blockchain
Wu Blockchain· 2025-11-03 12:04
October Blockchain Technology Update: BIP-444 Controversy, Fusaka Testnet Completed, BNB Chain Scalable DB Launch, Ethereum Privacy Cluster Expansion, ZKSync “Atlas” Upgrade, Solana Efficient Token Program, and Kadena Ceases Operations https://t.co/8B5NqE5MQp https://t.co/PuwuzsB4y3 ...
Cango Inc. Announces October 2025 Bitcoin Production and Mining Operations Update
Prnewswire· 2025-11-03 10:00
Core Insights - Cango Inc. reported a decrease in Bitcoin production for October 2025, producing 602.6 Bitcoin compared to 616.6 Bitcoin in September 2025, with an average daily production of 19.44 Bitcoin down from 20.55 Bitcoin [2] - The company’s total Bitcoin holdings increased to 6,412.6 Bitcoin by the end of October, up from 5,810.0 Bitcoin in September [2] - Cango maintained a deployed hashrate of 50 EH/s and improved its average operating hashrate to 46.09 EH/s from 44.85 EH/s in the previous month [2] Company Operations - Cango Inc. is focused on Bitcoin mining, with operations across North America, the Middle East, South America, and East Africa, having entered the crypto asset space in November 2024 [5] - The company is also involved in an online international used car export business through AutoCango.com, enhancing access to high-quality vehicle inventory from China [5] Strategic Developments - The CEO of Cango highlighted the operational maturity achieved, with Bitcoin holdings surpassing 6,400 BTC and an average operating hashrate exceeding 90% [4] - Cango announced the termination of its ADR program and plans for a direct listing of its ordinary shares on the NYSE, expected to be completed in November [4]