SoftBank and ARK are in talks to participate in Tether's major financing round. Tether, the issuer of the world's largest stablecoin, is seeking to raise up to $20 billion at a valuation of $500 billion. This deal could elevate Tether to one of the most valuable private companies globally, putting it on par with OpenAI and SpaceX.
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SoftBank and ARK in talks to participate in Tether's major funding round
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Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.
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Bank of America: Markets will soon digest expectations of a Fed rate cut in January.
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He Lifeng held a video call with U.S. Treasury Secretary Bessant and Trade Representative Greer.
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Hassett: No discussion with US President Trump regarding the Federal Reserve Chair (selection)
Director of the White House National Economic Council, Hassett, stated: He has not discussed the Federal Reserve Chair (candidate) issue with U.S. President Trump and supports Bassett's views on the Federal Reserve Chair. -
White House National Economic Council Director Hassett: It's Time for the Fed to Cautiously Cut Interest Rates
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The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.
yield on the US 10-year Treasury rose 2 basis points to 4.12%, reaching a new high since November 2020. -
Social media platform "X" has been fined €120 million by the European Union for violating content regulations.
social media platform "X" was fined 120 million euros by the European Union for violating content regulations. The European Commission stated that X violated three provisions of the Digital Services Act and gave X 60 days to provide a solution and 90 days to implement it. (Jin10) -
Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink
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US investors consider crypto less as risk-taking drops: FINRA study
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