Author: admin

After years of abundant liquidity, U.S. overnight funding markets are beginning to show signs of strain. Interest rates on overnight repo agreements have climbed steadily this month as the Treasury rebuilds its cash balance and the Fed continues quantitative tightening. Usage of the Fed’s overnight reverse repo (RRP) facility, a key gauge of excess liquidity, has dropped to a four-year low. The result has been a widening spread between repo and fed funds rates, indicating that money market conditions are tightening. As recently noted by Bloomberg, Since the beginning of September, the gap between repo and the federal funds rate…

Fintradix, a leading global cryptocurrency trading platform, has reported a significant milestone in its operations, recording an average client portfolio gain of 87% during the third quarter of 2025. This achievement underscores the company’s continued focus on technological advancement, market analytics, and user-centered trading solutions at a time when global markets have been characterized by volatility and rapid shifts in investor sentiment.The performance results reflect both the resilience of Fintradix’s platform and the effectiveness of its AI-driven tools, which are designed to help traders adapt to evolving conditions in digital asset markets. With growing institutional and retail participation in cryptocurrencies,…

China’s largest corporate Bitcoin treasury firm, Next Technology Holding, says it is looking to sell up to $500 million of its common stock to buy more Bitcoin and for other purposes. “We intend to use the net proceeds from the sale of any securities offered under this prospectus for general corporate purposes, including, but not limited to, the acquisition of Bitcoin,” the software company said in a filing to the US securities regulator on Monday. Next Technology currently holds 5,833 Bitcoin worth $671.8 million — making it the 15th largest Bitcoin treasury firm — higher than David Bailey’s KindlyMD, Semler Scientific…

San Diego, California-based ResMed Inc. (RMD) develops, manufactures, distributes, and markets medical devices and cloud-based software applications to diagnose, treat, and manage respiratory disorders in the US and internationally. With a market cap of $39.6 billion, ResMed operates through Sleep and Breathing Health and Residential Care Software segments. Companies worth $10 billion or more are generally described as “large-cap stocks.” RMD fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the medical instruments & supplies industry. ResMed touched its three-year high of $293.81 on Aug. 22 and is currently trading 8.1% below that peak. Meanwhile,…

PayPal just launched its ‘links’ service to allow P2P crypto payments, with initial support for Bitcoin, Ethereum, and PYUSD transactions. The payments platform stated that the compatibility of the new feature will expand to other crypto assets in the future. PayPal and Venmo recently unveiled PayPal World, a product of their partnership with the world’s largest payment systems and digital wallets, including Mercado Pago, NPCI International Payments Limited (UPI), and Tenpay Global. The new service is scheduled for a late 2025 launch, which aims to streamline international payments and remittances. Hot on the heels of the PayPal World announcement, the…

Ethereum’s stablecoin ecosystem has reached a milestone, with total supply hitting an all-time high of $166 billion as of Saturday. This represents a significant jump from $149.5 billion just a month earlier, according to data from The Block. The growth reflects Ethereum’s increasing importance as the foundation for decentralized finance (DeFi) transactions, with stablecoins providing liquidity and a reliable medium of exchange across the network. USDT and USDC Dominate the Market Among Ethereum’s stablecoins, Tether (USDT) continues to lead the pack with $87.8 billion in supply, followed by USD Coin (USDC) at $48 billion. Both coins have seen strong growth,…

Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.Bitcoin BTC$115,425.54 traded just above $115k in Asia Tuesday morning, slipping slightly after a strong start to the week.The modest pullback followed a run of inflows into U.S. spot ETFs and lingering optimism that the Federal Reserve will cut rates next week. The moves left traders divided: is this recovery built on fragile foundations, or is crypto firmly…

The Trump administration late Monday ordered Delta Air Lines Inc. and Mexico’s Grupo Aeromexico to end their joint venture, claiming it is “anticompetitive.”

Helius Medical Technologies, not to be confused with Solana infrastructure firm Helius Labs, announced an oversubscribed private investment in public equity offering on Monday, led by Pantera Capital and Summer Capital.Other crypto-native investors, including Big Brain Holdings, Avenir, SinoHope, FalconX, Arrington Capital, Animoca Brands, Aspen Digital, Borderless, Laser Digital, HashKey Capital, and Republic Digital, also participated.The offering is expected to raise over $500 million, with an additional $750 million in stapled warrants available upon full exercise, according to a statement. The offering is expected to close around Sept. 18, pending customary conditions. Proceeds will be used to launch a digital…

Beijing’s latest regulatory action against Nvidia (NASDAQ:) underscores escalating trade frictions between Washington and Beijing, placing the world’s leading AI chipmaker at the center of a high-stakes geopolitical and economic battle. The move adds a layer of uncertainty for global semiconductor investors as both governments navigate an increasingly adversarial relationship over strategic technology sectors. Beijing Targets Nvidia Amid Broader Tech Rivalry China’s State Administration for Market Regulation (SAMR) announced Monday that preliminary findings suggest Nvidia violated the country’s anticompetition laws. While no penalties were issued, regulators confirmed that a deeper investigation is underway. This development comes on the heels of…