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SoftBank, Ark May Back Stablecoin Giant Tether in Massive Funding Round: Report
Yahoo Finance· 2025-09-26 18:58
Tech investors SoftBank Group and Ark Investment are among the firms discussing participation in a major Tether fundraise that could  value the stablecoin issuer at $500 billion, according to a Friday Bloomberg report. The two groups’ interest follows three days after news that El Salvador-based Tether was looking to raise $15-20 billion for a 3% equity stake. Bloomberg first reported this story, citing two unnamed sources, although another source said the amount could be less.  The initiative could help pu ...
Bitcoin Edges Higher, ETH Rebounds Above $4k as Sentiment Slips Into 'Fear' Territory
Yahoo Finance· 2025-09-26 18:39
Crypto markets modestly bounced on Friday with bitcoin (BTC) back above $110,000. Ethereum's ether (ETH) outperformed with a 3.8% gain to cross $4,000, while dogecoin (DOGE) rose 3.4% and Solana (SOL) added 2.5%. The cautious bid came as fresh inflation data landed squarely in line with forecasts. The Fed’s preferred measure of prices, the Personal Consumption Expenditures (PCE) index, rose 2.7% year-over-year in August, while core PCE excluding food and energy climbed 2.9%. The data report reinforced th ...
Tennessee Couple Hit With $6.8 Million Penalty for 'Blessings of God Thru Crypto' Fraud
Yahoo Finance· 2025-09-26 18:36
A Tennessee couple who exploited their real estate connections to bilk investors out of millions through a fake crypto trading scheme has been ordered to pay over $6.8 million in restitution and penalties. The Commodity Futures Trading Commission announced Thursday that the U.S. District Court for the Middle District of Tennessee entered a consent order against Michael and Amanda Griffis, Clarksville real estate agents who operated the fraudulent "Blessings of God Thru Crypto" commodity pool from 2021 to 20 ...
Weekly Crypto Regulation Roundup: U.S. & UK Drive Global Rules as SEC, CFTC Indicate Shakeup
Yahoo Finance· 2025-09-26 18:18
This week marked a key moment for crypto regulation, with transatlantic cooperation advancing, U.S. lawmakers clashing over market structure, and regulators weighing exemptions that could reshape the digital asset industry. Here’s what you need to know. UK–US Launch Transatlantic Crypto Task Force The UK and the U.S. have announced the formation of the Transatlantic Task Force for Markets of the Future, designed to strengthen regulatory cooperation on digital assets and capital markets. Revealed during ...
Mark Cuban's Blast From The Past, Says Bitcoin Maxis 'Holding Their Breath' On ETFs, Institutional Adoption
Yahoo Finance· 2025-09-26 18:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Billionaire investor and popular media personality Mark Cuban revisited his thoughts on the supposed hypocrisy within the Bitcoin (CRYPTO: BTC) community about regulation and decentralization. Cuban Questions Bitcoin Maxis’ Love For ETFs In an X post on Wednesday, Cuban made a “blast from the past” reference to his opinion shared on Sept. 18, 2021, which read. “Any one else notice how the BTC Maxis that ...
SoftBank, Ark in talks to join Tether major funding round, Bloomberg News reports
Reuters· 2025-09-26 16:52
SoftBank Group and Ark Investment Management are in early talks to invest in a funding round that could value stablecoin issuer Tether Holdings at as much as $500 billion, Bloomberg News reported on F... ...
Jim Cramer Says “I Think You Just Own Coinbase”
Yahoo Finance· 2025-09-26 15:18
Coinbase Global, Inc. (NASDAQ:COIN) is one of the stocks Jim Cramer shed light on. Answering a caller’s query about the stock, Cramer commented: “Alright, I want to take a longer-term view on Coinbase because I think that they, in the end, were the first, I know there’s Bullish, but Coinbase stuck its neck out and went out, and all the other firms avoided them or almost isolated them, the typical brokerages. Well, now they last the, you know, these guys laugh last. I think you just own Coinbase. Don’t tra ...
Bitcoin Depot Inc. (BTM) Stock Surges 167% as CEO Sells Shares and Leadership Expands
Yahoo Finance· 2025-09-26 14:22
In this article, we will be taking a look at the 13 Best Manufacturing Stocks to Buy Right Now. Bitcoin Depot Inc. is one of them. Bitcoin Depot Inc. (NASDAQ:BTM) continues to lead the cryptocurrency ATM market, operating over 9,000 kiosks across North America and Australia. The company enables cash-to-Bitcoin transactions and has gained attention as one of the more dynamic crypto penny stocks this year. In recent developments, CEO Brandon Mintz sold 225,930 shares worth approximately $849,863, highlight ...
Over 200 Firms Face SEC, FINRA Scrutiny Tied to Crypto-Treasury Deals
Yahoo Finance· 2025-09-26 14:17
Over 200 firms are under the SEC's scanner amid their crypto-focused treasury deals which have led to a significant spike in their stocks. | Credit: Anthony Kwan/Getty Images Key Takeaways SEC and FINRA are investigating potential insider trading among crypto treasury firms. The U.S. regulators identified 200 firms that have announced crypto treasury plans. Among these, a selected few saw an unusual price spike in stocks even before the announcement. Nearly 200 firms are currently under the scanner o ...
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 ...