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An anomaly appeared on the Nasdaq stock exchange yesterday when, per an estimate by data provider Ortex, 99% of the shares in public medical tech company MiniMed Group Inc.’s float were sold-short.  In contrast to buyers, short-sellers borrow stock to sell first, hoping to repay shares at a lower price to close their loan with profit. Up from 47.6% on September 15 and 77% a week earlier, MiniMed’s short interest skyrocketed to an almost unbelievable high yesterday as short-sellers borrowed and sold almost the entire float, i.e. every share of the company available for public trading on Nasdaq’s exchange. Ortex specializes in live short interest estimates for publicly traded companies. It updates data daily from securities-lending data, often days ahead of official, twice-monthly exchange reports.  According to its data from securities lenders, shares of Minimed’s common stock on loan nearly equaled the company’s full float yesterday, with available stoc...

As BlackRock Inc. (NYSE: BLK) aggressively accelerated its digital asset and blockchain footprint, as Finbold reported, Ondo (ONDO), the governance token for the Ondo Finance ecosystem and the Ondo DAO , has emerged as a primary beneficiary. Over the past 24 hours through September 24, 2026, Ondo’s price rocketed by 24.19%, trading at approximately $0.517 at the time of writing.  ONDO price chart for 24 hours. Source: Finbold This significant uptick for the ONDO ERC-20 token was catalyzed by a partnership announcement with BlackRock earlier on Thursday. Ondo Finance announced the launch of Ondo Intelligent Portfolios , a suite of tokenized and multi-asset investment portfolios built around model strategies, developed by BlackRock.  The initial rollout debuts three distinct portfolio tokens – including ⁠BLKHIon⁠ for high income, ⁠BLKDIGon⁠ for diversified growth, and ⁠BLKGRWon⁠ for high growth. As such, Ondo Intelligent Portfolios ensures eligible ...

The Federal Reserve has raised interest rates by 25 basis points after Wednesday’s FOMC (Federal Open Market Committee) meeting. While many anticipated the cryptocurrency market to face a correction in the event of an interest rate hike, the developing pattern is quite contrary. CoinGecko data shows that Bitcoin (BTC) has rallied by 0.5% in the last 24 hours. Let’s discuss why Bitcoin (BTC) is not going down despite the Federal Reserve raising interest rates. Why Is Bitcoin Not Going Down Despite Interest Rates Going Up? Source: Forbes One possible reason why Bitcoin (BTC) has gained in the last 24 hours instead of facing a correction is that the asset already faced a correction on Wednesday on account of the CLARITY Act not passing through the US Senate. BTC faced a steep dip, falling to the $75,000 price level. It is possible that investors have exhausted the selling pressure. Also Read: Crypto Market Crashes After CLARITY Failure: More Risk Ahead Another reason for Bitcoi...

Z Squared, a public company that got Dogecoin mining rigs from a fund advertising 28% annual returns for investors, is facing SEC enforcement actions, a new seven-figure lawsuit from retirees, and a stock price down 76% over the past year. Reitrees Paula and Stephen Darby, both 77 years old, sued Broad Street Global Management, LLC, BroadStreet, Inc, Steven Baldassarra, and Joseph Baldassarra in Miami federal court on September 4, and the court issued summons yesterday. The Darbys allege that the Baldassarras “are trying to steal over half a billion dollars from their own investors, including the Darbys’ approximate $1,415,373 .” All-time chart of Z Squared. Source: TradingView Anyone can make allegations in a civil lawsuit, which aren’t necessarily indicative of wrongdoing. Readers of a legal complaint shouldn’t interpret initial claims by plaintiffs seeking money as accurate nor probable. The Broad Street Global Fund allegedly transferred investm...

Search interest in XRP price prediction October results is climbing right now, and the forecasts themselves sit anywhere between $0.80 on the low end and $1.60 on the high end, and that gap alone says a lot about how split the market still is. Anyone running an XRP price prediction 2026 search is really asking one thing, whether XRP will go up before the CLARITY Act and the Fed both weigh in this September. At the time of writing, XRP trades near $1.45, and the XRP price target most analysts keep repeating sits around $1.20 to $1.40 heading into XRP October 2026, with the louder calls sitting well outside that. Source: CoinGecko Also Read: XRP Just Reached the Level an Analyst Was Waiting For, Sets Target XRP Price Prediction, October 2026 Forecast And Price Targets Source: TradingView The Catalysts Being Watched Two dates are doing most of the work behind this XRP price prediction for October, and they land just a day apart. The Senate holds a cloture vote on the CLARITY Act at 2:15 p...

As Dogecoin (DOGE) price confirmed a renewed uptrend after rallying over 33% last week, Ali Martinez, a popular crypto market analyst, believes this dog-themed memecoin could rally more than 30% amid its bullish flag formation.  Martinez stated that Dogecoin price could rally towards $0.115, if it breaks above its bullish flag, a technical chart pattern that signals the continuation of an existing upward trend, in its 1 hour timeframe, according to an X post on August 28. With DOGE price hovering around $0.866 on Friday, this analyst expects a 32.79% upside in the near future, if the upper border of this bullish flag is broken. DOGE’s 1 hour chart. Source: TradingView Martinez previously had pointed out that Dogecoin price has established a strong support level around $0.081. This support level was backed by 30 billion DOGE traded near $0.081 as per Glassnode’s UTXO Realized Price Distribution (URPD), an on-chain metric that shows the amount of a crypto that last move...

Pepe (PEPE) is currently one of the best-performing cryptocurrencies among the top 100 projects by market cap, registering quite a steep price rally. The memecoin has outperformed market leaders such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), etc. CoinGecko data shows that PEPE’s price has risen 14.2% in the last 24 hours and move than 25% in the last week. Let’s discuss if the memecoin can sustain its upswing or if it will face a dip once again. Source: CoinGecko Can PEPE Continue Its Price Rally And Dominate The Market? Source: Watcher.Guru PEPE’s price surge comes amid a larger-market wide resurgence. Bitcoin (BTC) has reclaimed the $75,000 price level and other assets are following its trajectory. The cryptocurrency market took off after President Trump hosted an event in the White House for CEOs and founders of several cryptocurrency firms. During the event, Trump stated that the US may purchase a large amount of Bitcoin (BTC) and other cryptocurrencies. PEPE...

HTX’s situation has appeared increasingly precarious as both the European Union Council and the United Kingdom’s Foreign, Commonwealth, & Development Office have chosen to sanction the exchange. Since then, it’s made some big changes to how it manages users’ reserves. Its June proof of reserves report was the first that acknowledged that it had moved huge swaths of its reserves to an undisclosed “ThirdParty.” HTX moved $1.3 billion from reserves to undisclosed ‘ThirdParty’ Read more: HTX misrepresents Huobi Global S.A. after UK sanctions HTX claims on its website that you can verify these balances by reaching out to the custodian; unfortunately, it doesn’t tell users who that custodian is. As a result, Protos has been unable to verify most of those balances. Further complicating this, TRM Labs, a blockchain intelligence firm, released a report in which it detailed how HTX has begun churning throug...

Although the cryptocurrency market is cooling down, with most assets in a state of uncertainty, a trader boasting a 100% win rate has once again gone long on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Specifically, the trader currently holds 39,000 ETH worth $151 million at an average entry of $3,845.33, 1,070 BTC valued at $118 million at $110,114.10, and 569,050 SOL worth $105 million at $198.23, according to the latest on-chain data retrieved from Lookonchain by Finbold on November 2. Crypto trader’s long position. Source: Lookonchain He has also placed limit orders to add 40,000 SOL about $7.36 million to his long position at $184, showing confidence in Solana’s potential rebound despite recent volatility. This move follows his previous set of trades on October 30, when he also went long on the same three assets, holding 1,039 BTC worth $114 million, 560,840 SOL valued at $109 million, and 13,419 ETH worth $52.66 million.  Interestingly, over an...

Ripple is set to release another 1 billion XRP from escrow tomorrow, November 1, 2025, continuing its standard monthly schedule.  At XRP’s current price of $2.49, the upcoming unlock is valued at roughly $2.49 billion. XRP 24-hour price. Source: Finbold The escrow mechanism, introduced in 2017, was designed to ensure predictable XRP supply and prevent market flooding. As previously reported, Ripple historically tends to sell or use only around 200–300 million of the XRP unlocked each month, while re-locking the rest into new contracts. For instance, the company re-escrowed 750 million XRP from its October 1 unlock. Accordingly, the effective increase in circulating supply value could range between $500 million and $750 million, significantly lower than the full $2.49 billion headline figure. November XRP escrow release The November release has been made more interesting by Ripple CTO David Schwartz’s statement that the company can legally sell or tr...

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...