Strategy Estimated $20.91 Billion Digital Asset Gain for Third Quarter
The preliminary estimate covers the three months ended Sept. 30. Strategy plans to release its full third-quarter results Oct. 29.
Home Insurance, Weather-Related Auto Costs Top Property Taxes in 75% of U.S. Counties
Homeowners insurance premiums rose 45% over the past decade after inflation, while typical hidden homeownership costs reached $16,566.
WhiteBIT-Linked W Group Backs SwapGlobal’s Pre-IPO Derivatives Plan
The undisclosed funding will provide trading and working capital as the U.S. OTC provider prepares its first transactions tied to pre-IPO shares.
SK Hynix and Samsung Will Report Third-Quarter Results Oct. 28-29
SK Hynix is scheduled to report Wednesday, followed by Samsung Electronics on Thursday. Strong AI memory-chip demand is expected to support profits at both companies.
Pepe Rose 16.3% Over Seven Days; Oct. 24 Market Cap Listed at $1.92 Billion
PEPE closed at $0.00000450 on Oct. 24 UTC. Its Oct. 25 UTC entry listed a $1.89 billion market cap but no closing price.
Tokenized Private Credit Gains 4.47% as Data Availability Falls 4.27%
The leading sector climbed to $27.19 billion, while Data Availability fell to $6.90 billion in the 24-hour snapshot ending at 11:06 p.m. ET Oct. 24.
Doctor Profit Keeps Bitcoin Target at $94,000, Cites $80,000-$81,000 Zone
He said his spot holdings established near $60,000 remain intact and he would add to long positions if Bitcoin returns to about $80,000.
South Korean Investors Net-Bought $3.55 Billion of SOXL Through Oct. 22
SOXL made up 73.9% of about $4.8 billion in net U.S. stock purchases. The KOSPI was down 18.83% month to date as of Oct. 25.
WhiteBIT’s W Group Backs SwapGlobal’s Push Into Pre-IPO Derivatives
W Group, the ecosystem behind crypto exchange WhiteBIT, has invested in derivatives provider SwapGlobal. The October 23 announcement disclosed no deal value and said the company’s first pre-IPO transactions were being prepared. TL;DR: SwapGlobal is preparing institutional pre-IPO derivatives with backing from W Group. The planned exposure would convey a contractual payoff, without ownership of […]
Ether (ETH) Long Trader Adds 5.67 Million USD Coin (USDC) in Margin
The long covered 93,184 Ether (ETH) and was valued at about $214 million. The trader had about $18.62 million in unrealized losses and paid roughly $2.68 million in funding fees.