FTX’s token FTT surged 17% in the last 24 hours, baffling traders as bankruptcy proceedings continue and unlocked tokens re-enter circulation. As of Sept. 18, the token traded at around $0.93, up more than 17% in the past 24 hours. Notably, the token has no utility as of now. Interestingly, most of the trading volume is coming from centralized exchanges like Binance, Toolbit, Pionex and Bitget. A collapsed exchange, a ghost token FTX was once one of the largest global exchanges, offering futures, leverag ...

Shares of Gemini (GEMI), the crypto exchange founded by billionaire twins Cameron and Tyler Winklevoss, were trading under their IPO price of $28 on Thursday, changing hands at about $25.15. That marked a 2.5% gain on the day after the stock recouped earlier losses. The shares first broke below the IPO price on Wednesday. Gemini went public last week at $28 a share, valuing the company at more than $3 billion. The stock opened above the IPO price, at $37.01, and closed 14% higher. The offering raised $4 ...

Michael M. Santiago / Getty Images Bullish shares began trading on the New York Stock Exchange on August 13. Key Takeaways Bullish reported a second-quarter profit as sales and trading volume increased. The cryptocurrency platform backed by billionaire Peter Thiel reported net income of $108 million, compared with a loss of $116 million in the year-ago period. Shares of Bullish, which carried out its initial public offering last month, rose more than 10% on Thursday morning. Shares of Bullish (BLS ...

The global crypto exchange KuCoin announced that its payment arm, KuCoin Pay, is now available for everyday purchases at over 100 SPAR supermarket locations across Switzerland. The integration is facilitated by DFX.swiss, a Swiss-based financial services provider. The move represents an expansion of an existing crypto payment infrastructure rather than a new launch. SPAR Switzerland first enabled digital asset payments in August 2025 through a partnership involving DFX.swiss and Binance Pay. The new KuCo ...

Crypto exchange Bullish (NYSE: BLSH) surged 6% on Thursday after posting a profit in its first quarterly result since going public, reversing a loss from the same period last year. ...

Privacy-focused exchange GRVT has raised $19 million in a Series A round to take on Hyperliquid, the current leader in decentralized perpetual futures. Key Takeaways: GRVT raised $19 million to challenge Hyperliquid with a privacy-first approach backed by ZKsync. The platform uses zero-knowledge tech to hide trade data and protect large positions from manipulation. Alongside privacy, GRVT targets yield-driven growth to attract both active traders and passive investors. The round was led by ZKsync, ...

Group 1: Market Performance - Wall Street reached new record highs, with the S&P 500 rising 0.5%, the Dow Jones Industrial Average increasing by 124 points (0.3%), and the Nasdaq composite climbing 0.9% [1] - Smaller stocks outperformed larger ones, with the Russell 2000 index of small stocks rallying 2.5% to set an all-time high [6] Group 2: Company Developments - Intel's stock surged 22.8%, marking its best day since 1987, following Nvidia's announcement of a $5 billion investment in Intel's stock as part of a collaboration to develop products for data centers and personal computers [2] - Nvidia's stock increased by 3.5%, contributing significantly to the S&P 500's performance as it remains Wall Street's most valuable company [2] - Novo Nordisk's stock rose 6.3% after a study indicated that its once-a-day pill version of Wegovy significantly aided weight loss and that its Ozempic product reduced the risk of heart attack, stroke, and death for certain type 2 diabetes patients [7] Group 3: Economic Indicators - Reports indicated a decrease in U.S. unemployment benefit applications, suggesting a potential slowdown in layoffs, which is a positive sign for the job market [3] - The Federal Reserve cut its main interest rate for the first time this year, with expectations of further cuts, although there are concerns about the impact on inflation and the job market [4][5]

Kraken, the cryptocurrency exchange preparing for a potential public listing in the U.S. early next year, has seen the departure of four senior executives from the institutional side of the business, according to a person familiar with the matter. Those who have recently left Kraken are: David Olsson, global head of institutional sales; Shannon Kurtas, head of exchanges and a VP of product and the Pro service; Jeff Kramer, a director of OTC trading and Sanjay K, OTC trading lead for Americas, the person s ...

Group 1: Bitcoin Market Sentiment - Bitcoin is viewed as a polarizing asset, with opinions divided on its volatility and potential as a store of value [1] - Proponents, including the Winklevoss twins, predict Bitcoin could reach $1,000,000 per coin in the next decade, highlighting its growth potential [2] Group 2: Gemini's IPO and Market Performance - Gemini, founded by the Winklevoss twins, recently went public with an IPO priced at $28 per share, which surged to $37.01, indicating a valuation of approximately $4.4 billion [2] - The stock experienced significant volatility on its debut, reaching a high of $45.89, about 64% above the IPO price, before settling around $32, reflecting a 14% increase [5] - GEMI shares have since drifted back toward the IPO level, trading in the high-$20s to low-$30s, indicating a re-evaluation by investors [6] Group 3: Future Outlook for Gemini - If Bitcoin's growth continues, crypto exchanges like Gemini could experience substantial trading volumes, potentially benefiting GEMI shares [3] - The long-term success of GEMI stock is contingent on the execution of Gemini's strategic plans [6]

Search interest around the Federal Reserve surged in the United States on Sept. 17, with “Fed rate cut” touching 100 on Google Trends during the final hours before the policy announcement. Washington, Massachusetts and the District of Columbia ranked among the top sub-regions by interest, while breakout queries included “what time does fed announce rate cut,” “prime rate today,” and “what time is the fed meeting tomorrow.” Price action didn’t match the hype. Into the decision window, Bitcoin (BTC), Ether ...