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Smart Digital Group Announces Plan To Establish A Diversified Cryptocurrency Asset Pool
Prnewswire· 2025-09-26 13:15
Accessibility StatementSkip Navigation XIAMEN, China, Sept. 26, 2025 /PRNewswire/ -- Smart Digital Group Limited (Nasdaq: SDM) today announced its plan to establish a diversified cryptocurrency asset pool, with a strategic focus on investing in cryptocurrencies such as Bitcoin and Ethereum. The initiative emphasizes assets that demonstrate stability, transparency, and alignment with the company's long-term strategic goals. This move is designed to strengthen Smart Digital Group position in the digital asset ...
Smart Digital Group Announces Plan To Establish A Diversified Cryptocurrency Asset Pool
Prnewswire· 2025-09-26 13:15
Accessibility StatementSkip Navigation XIAMEN, China, Sept. 26, 2025 /PRNewswire/ -- Smart Digital Group Limited (Nasdaq: SDM) today announced its plan to establish a diversified cryptocurrency asset pool, with a strategic focus on investing in cryptocurrencies such as Bitcoin and Ethereum. The initiative emphasizes assets that demonstrate stability, transparency, and alignment with the company's long-term strategic goals. Smart Digital Group Announces Plan to Establish A Diversified Cryptocurrency Asset Po ...
Jim Cramer Says This Financial Stock Is A 'Total Spec,' Likes Dutch Bros,
Benzinga· 2025-09-26 12:36
On CNBC's “Mad Money Lightning Round,” Jim Cramer said he likes Dutch Bros (NYSE: BROS). He recommended buying some now and then buying some of the stock in the $40s.On Sept. 24, RBC Capital analyst Logan Reich reiterated Dutch Bros with an Outperform and maintained a price target of $85.American Bitcoin Corp (NASDAQ: ABTC) is a “total spec,” Cramer said.As per the recent news, American Bitcoin, on Thursday, named KPMG as new auditor.Recursion Pharmaceuticals (NASDAQ: RXRX) has been a “bad stock. We need to ...
The Wrap-Up for Friday September 26
Youtube· 2025-09-26 12:32
All right, welcome back. As we close in on the 6 am Eastern time hour, a check on a few stories that we are tracking this morning. A federal judge is giving preliminary approval for Anthropic's offer to pay $1.5% billion dollars to settle a class action lawsuit with a group of authors.The lawsuit alleges the AI startup illegally downloaded books from pirated databases. Shares of Six Flags higher on a report activist investor Land and Buildings Investment Management plans to pressure the company to spin off ...
Is There a Future for XRP?
Yahoo Finance· 2025-09-26 11:30
Key Points XRP is a bridge currency and provides on-demand liquidity for cross-border payments through RippleNet. While over 300 banks use RippleNet, few use XRP. That will need to change for this cryptocurrency to continue to grow. 10 stocks we like better than XRP › After spending years below $1, XRP (CRYPTO: XRP) has skyrocketed over the last year, gaining 385% (as of Sept. 23). That's far better than Bitcoin, Ethereum, and every other top 10 cryptocurrency. However, growth has slowed recen ...
Trump-Linked World Liberty Greenlights 100% Token Buyback and Burn
Yahoo Finance· 2025-09-26 11:22
Trump-linked World Liberty Financial has formally approved a massive 100% buyback-and-burn program, a decisive attempt to reverse the WLFI token’s falling prices. The governance vote, which received broad support from the community, will channel all treasury liquidity fees into repurchasing WLFI tokens from the open market and permanently destroying them. This change applies across Ethereum , BNB Chain , and Solana liquidity pools and is designed to directly shrink circulating supply, potentially making ...
Hut 8 (HUT) Drops Hard on Profit-Taking
Yahoo Finance· 2025-09-26 11:04
We recently published 10 Big Names Investors Are Dumping. Hut 8 Corp. (NASDAQ:HUT) is one of the companies that heavily bled in Thursday’s trading. Shares of Hut 8 Corp. retreated by 7.87 percent on Thursday to close at $34.88 apiece as investors resorted to profit-taking following last week’s gains that saw the company propel to a new all-time high. In other developments, Hut 8 Corp.’s (NASDAQ:HUT) newly listed subsidiary, American Bitcoin (NASDAQ:ABTC), announced its switch to a new auditor, KPMG LLC, ...
Multiple Spot XRP ETFs Could Be Around the Corner. But Don't Expect Dramatic Price Gains
Yahoo Finance· 2025-09-26 10:45
Cryptocurrency remains a relatively new asset class, which is why it's important to ensure it only makes up a small percentage of your portfolio. Unfortunately, it also means we only have a limited number of reference points to understand how multiple spot ETF approvals might affect specific cryptos. This hasn't happened before.XRP's price has also dropped since the Rex-Osprey ETF started trading, despite significant trading volumes. Bloomberg's Eric Balchunas posted on X (formerly Twitter) that the fund tr ...
Solana Treasury Gains Cushion Upexi's Business Losses
Yahoo Finance· 2025-09-26 10:12
Upexi's treasury soars. | Credit: Credit: T. Del Amo/ClassicStock /Getty Images.. Key Takeaways Upexi is the third-largest Solana treasury with over 2 million SOL worth $396 million. The firm reported a net loss of $13.7 million for the fiscal period. Upexi’s stock initially rose by over 600% when it announced its SOL treasury in April 2025. The unrealized gains of a new Solana (SOL) treasury strategy have offset the yearly losses of a business that, up until April 2025, specialized in supply chai ...
Crypto Adoption in Emerging Markets Poses Risks to Financial Resilience: Moody's
Yahoo Finance· 2025-09-26 10:08
Cryptocurrency adoption in emerging markets poses risks to monetary sovereignty and financial resilience, credit ratings giant Moody's Ratings said in a report on Thursday. The risks are most acute in areas where crypto's use extends beyond investment into savings and remittances, according to the report. Moody's suggests that higher penetration of stablecoins pegged to the U.S. dollar weaken monetary transmission when it leads to pricing and settlement increasingly occurring outside a market's domestic c ...