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At 5pm today in Virginia, Strategy (formerly MicroStrategy) founder Michael Saylor will present his company’s earnings as of the third quarter (Q3) 2025 and beyond any unexpected surprises, investors are looking for answers to several questions. First, they would appreciate an update on the company’s re-application for its common stock (MSTR) to join the S&P 500 index and benefit from that index’s multi-trillion dollar passive flows. On September 5, the committee overseeing the S&P 500 index declined to add Strategy, despite the company qualifying on all technical metrics. If Strategy maintains S&P’s qualification criteria, the committee’s next quarterly meeting could bring better news for investors. On a related topic, investors will also be interested in the company’s response to S&P analysts’ recent Junk rating, and will be hoping that the company remedies the deficiencies identified . They will also be anxiously awaiting news of plans for STRC-l...

BlackRock, the world’s largest asset manager, has just dumped 749 Bitcoin (BTC), worth approximately $88 million, on Wednesday, October 29. Following the moves, the fund’s total holdings sit at 805,540 BTC, valued at around $89.12 billion, according to the information shared by HeyApollo ETF tracker co-founder Thomas Fahrer on October 30. BlackRock BTC inflows. Source: Thomas Fahrer (@thomas_fahrer) Overall, spot Bitcoin ETFs recorded 4,238 BTC in daily outflows, which translates to approximately $471 million, as per the same data. Nonetheless, the funds are still in the green this month, with as much as 40,004 BTC, or $4.48 billion, added. Bitcoin falls amid macro uncertainty The transaction came just as the leading cryptocurrency started to lose steam following the Tuesday uptick, following the broader crypto market’s 1.5% decline. Most of the top 10 cryptocurrencies by market cap are currently in the red. Ethereum (ETH) and Solana (SOL), for instanc...

Western Union says it plans to launch a new digital asset pegged to the US dollar. The stablecoin will be known as the U.S. Dollar Payment Token (USDPT), which will be built on the Solana blockchain and issued by Anchorage Digital Bank. The company is also unveiling a digital asset network designed to connect digital assets with traditional fiat currencies for real-world use. The initiative will expand money movement options for customers, agents, and partners while enhancing Western Union’s treasury operations. Western Union President and CEO Devin McGranahan says users will gain seamless access to send, receive, spend, and hold USDPT. “We are committed to leveraging emerging technologies to empower our customers and communities. As we evolve into the digital assets space, Western Union’s USDPT will allow us to own the economics linked to stablecoins. Separately, we are excited to announce our Digital Asset Network, a solution for the last mile of ...

The stablecoin firm Circle says it’s officially launched a new testnet designed to serve as an economic operating system for the internet. Over 100 companies from finance, tech and payments sectors are participating in the layer-1 launch. Arc aims to offer predictable dollar-based fees, sub-second transaction finality and configurable privacy. Circle CEO Jeremy Allaire says it will integrate directly with Circle’s platform to support lending, capital markets, foreign exchange and global payments. “With Arc’s public testnet, we’re seeing remarkable early momentum as leading companies, protocols, and projects begin to build and test. Combined, these companies reach billions of users, move, exchange, and custody hundreds of trillions in assets and payments, and support local economies across Africa, the Americas, Asia, Europe, and the Middle East. This geographic diversity highlights a defining strength of Arc: its purpose-built to connect every l...

BRICS member China is testing the digital currency bridge (mBridge), and in the pilot tests, settled payments in just 7 seconds with Abu Dhabi. The implications are profound here, as the US and Western-dominated SWIFT payment messaging system takes a 3 to 5-day window to settle payments. In addition, transaction fees on the mBridge are 98% lower compared to the Western-backed SWIFT network. The People’s Bank of China (PBOC) is testing the mBridge, which uses the digital yuan for settlements. The PBOC announced that it would first support the digital currency bridge with all 10 ASEAN countries, and later on, be associated with other BRICS members. Apart from Abu Dhabi, China is running pilot tests of the digital currency bridge with the broader UAE and Thailand. Also Read: Historic BRICS Grain Exchange Pilot by Russia Targets US CME Monopoly BRICS Digital Currency Bridge (mBridge) Can Usher the World Into a New Financial Era marketwatch.com / GETTY IMAGES/ ISTOCKPHOTO If China enab...

Target layoffs will eliminate 1,800 corporate positions as the retailer battles declining sales and mounting pressure on TGT stock. The Target layoffs 2025 plan cuts around 1,000 jobs directly while also removing 800 open roles, representing 8% of Target’s 22,000-person corporate workforce. Target stock has dropped 30% in 2025, making it among the worst-performing companies in the S&P 500 this year. Target Layoffs 2025 Shake Corporate Structure as TGT Stock Slips Source: CNBC The Target layoffs were announced Thursday affect primarily U.S.-based employees, with 80% of cuts hitting domestic roles. Incoming CEO Michael Fiddelke, who officially takes over in February, addressed the restructuring in a staff memo. Fiddelke had this to say: “The truth is, the complexity we’ve created over time has been holding us back. Too many layers and overlapping work have slowed decisions, making it harder to bring ideas to life.” Why Target Layoffs Are Happening Now Graph sh...

The question of whether there’s a Shiba Inu long term opportunity has been on many investors’ minds lately, and it’s not hard to see why. Shiba Inu has lost close to 50% of its value this year, which is pretty significant. The token has dropped from its spot in the top 10 cryptocurrencies all the way down to 21st place right now. When you look at the Shiba Inu long term price prediction, things seem uncertain at best. Investors are trying to figure out the Shiba Inu long term investment potential and whether Shiba Inu will increase or not, especially as Bitcoin keeps reaching new heights while SHIB gets left behind in the dust. Also Read: Shiba Inu Lead Shytoshi Kusama Sparks Buzz With Cryptic Location Shiba Inu Long Term Opportunity: Price, Investment Potential, and Risks Source: VOI Market Conditions Should Be Perfect Right Now At the time of writing, the Shiba Inu long term opportunity should actually be thriving. The Trump administration has taken a pretty favorabl...

North America’s first spot XRP exchange-traded fund (ETF) has suffered a sharp downturn, in line with broader market volatility.  The 3iQ XRP ETF (XRPQ.U), listed on the Toronto Stock Exchange, has plunged nearly 18% over the past month to $11.32 as of October 22.  The decline mirrors the weakness across altcoins, with XRP itself struggling to maintain support above the $2 mark. Despite the pullback, the ETF remains up 5.91% since inception, according to data from its live chart. XRPQ price chart. Source: TradingView Launched by 3iQ Corp. in June 2025, the ETF made history as the first spot XRP ETF in North America.  Around the same time, Purpose Investments also introduced its own XRP fund, trading under the tickers XRPP, XRPP.B, and XRPP.U, each offering direct exposure to XRP in CAD and USD denominations. U.S. XRP ETF delays  Meanwhile, in the United States, several asset managers are attempting to follow Canada’s lead by filing fo...

Victoria, Seychelles, October 21, 2025 – MEXC , a leading global cryptocurrency exchange, has officially launched the USDT & USDC Staking Gala, offering users the opportunity to earn up to 15% APR through a flexible redemption mechanism. With rewards of up to 2,926 USDT per user, the event combines high-yield potential with convenient access to funds. The USDT & USDC Staking Gala runs from October 21, 2025, 10:00 (UTC) to November 19, 2025, 10:00 (UTC). During this limited-time event, users can stake either USDT or USDC for 7-day or 30-day terms, with estimated APRs ranging from 12% to 15%. Each staking option supports a flexible redemption model, allowing participants to access their funds while earning rewards. The minimum staking amount is 5,000 USDT or USDC, and the maximum staking amount per user is 100,000 for each token and term. To participate, users must complete Primary KYC verification. This event reflects MEXC's ongoing efforts to deliver accessible, l...

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

US spot Bitcoin ETFs (exchange-traded funds) recorded $366.6 million in outflows on Friday, extending their losing streak to a third day as investors turned risk-off amid renewed concerns over stress in credit markets The withdrawals followed $536 million in outflows a day earlier, the largest single-day net loss since August, amid weakening appetite for risk assets as jitters about US regional banks rippled through markets. That sent Bitcoin plunging to as low as $103,598.43 in the past 24 hours, according to CoinMarketCap. It has since recovered to trade at $106,586.89 as of 12:41 a.m. EST, still down over 2%. The Crypto Fear & Greed Index , a gauge of investor sentiment, has plunged 29 points from last month to an ”extreme fear” reading of 23. BlackRock’s IBIT Leads The Spot Bitcoin ETF Outflows IBIT, the Bitcoin ETF offered by asset management giant BlackRock, recorded the highest net daily outflows on the day. Data from Farside Investors shows that $268....

The cryptocurrency market lost $150 billion in value  in a matter of hours on Friday, October 17, further escalating its continuing downtrend. According to data Finbold retrieved from CoinMarketCap , the total market valuation plunged from $3.7 trillion at around 6 a.m. UTC to $3.55 trillion by 10 a.m. UTC, an approximately 5.8% dip. Crypto market cap. Source: CoinMarketCap The losses were universal for the top 10 assets by market capitalization, as they were all in the red on the daily chart. Bitcoin (BTC) is down 5.60% as of the time of writing, while Ethereum (ETH) has dropped more than 7.16%. Similarly, XRP and Solana (SOL) have fallen 7.69% and 8.23%, respectively, while Cardano (ADA) and BNB bore the brunt of the blow, the former plummeting 9.84% and the latter 11.93%. Top 10 cryptocurrencies by market cap. Source: CoinMarketCap Macroeconomic developments sink the crypto market  The digital currency sector continued to decline due to rene...