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Crypto Exchange Gemini's Stock Trades Below IPO Price Despite Day’s Gains
Yahoo Finance· 2025-09-18 16:56
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 ...
11 Best Coal Stocks to Buy According to Hedge Funds
Insider Monkey· 2025-09-18 15:31
In this article, we discuss the 11 Best Coal Stocks to Buy According to Hedge Funds.The most recent forecast from the Energy Information Administration (EIA) predicts that the demand for power in the United States will surpass previous records in 2025 and 2026. Power consumption is expected to increase to 4,187 billion kWh in 2025 and 4,305 billion kWh in 2026, both exceeding the record-breaking 4,097 billion kWh in 2024. Rising residential and business usage, along with the enormous energy requirements of ...
AirNet Technology Inc. Announces Name Change to Yueda Digital Holding, Ticker Symbol Change to YDKG, and Share Re-designation
Prnewswire· 2025-09-18 15:30
Accessibility StatementSkip Navigation BEIJING, Sept. 18, 2025 /PRNewswire/ -- AirNet Technology Inc. (NASDAQ: ANTE) ("AirNet" or the "Company"), today announced that it will change its name to "Yueda Digital Holding" after receiving the Certificate of Incorporation on Change of Name from the Registry of Companies, Cayman Islands, on September 11, 2025, and it will change its ticker symbols from "ANTE" to "YDKG." Effective on September 19, 2025, the Company will trade under its new name Yueda Digital Holdin ...
Peter Thiel-Backed Crypto Platform Bullish Swings to a Profit; Stock Surges
Yahoo Finance· 2025-09-18 15:25
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 ...
Dogecoin Is Still Here—And Now There's an ETF That Tracks It
Yahoo Finance· 2025-09-18 15:16
Chesnot / Getty Images If you liked the cryptocurrency Dogecoin, perhaps you'll like the ETF that tracks it, too. Key Takeaways The first dogecoin ETF launched today, adding a layer of seriousness to a crypto token created as a joke. The fund tracks dogecoin, a meme-based cryptocurrency created in 2013 as a lighthearted alternative to bitcoin. Elon Musk is among its more notable backers. The ETF arrives as investors have lately flocked to a range of new crypto- and crypto-linked assets, from IPOs to ...
Why Is Crypto Up Today? – September 18, 2025
Yahoo Finance· 2025-09-18 12:24
The cryptocurrency market is in the green today, with total market capitalization rising 1.6% to $4.19 trillion, according to data at the time of writing. The 24-hour trading volume has reached $211.5 billion, signaling strong investor activity. TLDR: 8 of the top 10 coins are green; ETH and DOGE slipped slightly; BTC is up 0.6% to $117,147; ETH is down 0.2% to $4,578; BTC faces resistance at $118K; support lies at $115K; Fear & Greed Index holds steady at 51 (Neutral); BTC ETFs saw $51.28M in ou ...
Dan Morehead Net Worth Explained: How a Goldman Sachs Trader Turned Princeton Connections Into a $5B Crypto Empire
Yahoo Finance· 2025-09-18 11:02
Dan Morehead (in image) was first introduced to Bitcoin by his brother in 2011. | Credit: Steve Jennings / Stringer / Getty Images. Key Takeaways Dan Morehead created one of the first Bitcoin hedge funds in 2013. Morehead’s investment firm, Pantera Capital, pivoted to crypto on the advice of fellow Princeton alumni, Pete Briger and Mike Novogratz. Today, Pantera manages crypto and venture capital investments worth $4.7 billion. In 2013, Dan Morehead set out to pitch his network of wealthy acquaint ...
Is XRP Really a Millionaire-Maker?
Yahoo Finance· 2025-09-18 10:59
Key Points The all-time high for XRP is just $3.84. To mint new millionaires, XRP would need to increase in price by at least 100-fold, making it a $300 crypto. The likelihood of XRP creating new millionaires is much lower than many people assume, due to the lack of good catalysts. 10 stocks we like better than XRP › There's no denying that cryptocurrency XRP (CRYPTO: XRP) has tremendous upside potential. In the period from November 2024 to January 2025, XRP soared by a remarkable 580%. Then, in ...
NYDFS wants crypto-curious banks to use blockchain analytics tools
Yahoo Finance· 2025-09-18 10:54
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: The New York Department of Financial Services put forth guidance Wednesday that directs banks to use blockchain analytics tools if they’re considering or already conducting cryptocurrency-related transactions, to fend off money laundering and sanctions activity.  NYDFS suggested banks consider employing blockchain analytics tools when evaluating risk e ...
Trump-Backed World Liberty Financial Backs Winklevoss Twins-Led PAC That Wants To Make America World's Crypto Capital
Yahoo Finance· 2025-09-18 10:46
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Decentralized finance platform World Liberty Financial extended its support Wednesday to the Winklevoss Twins-led Digital Freedom Fund PAC, to help “advance” President Donald Trump’s cryptocurrency agenda. WLFI Joins Bid To Support Trump’s Crypto Vision In an X post, the Trump family-backed venture said it is “proud” to stand behind Digital Freedom Fund PAC, a political action committee supporting Trump’s ...