BizwavemediaGossip & Lifestyle Online Magazine

Share this article

REXShares’ Solana staking ETF ($SSK) added $27 million today, bringing its assets under management to $306 million as investor interest in crypto ETFs continues to grow.

The fund allows investors to gain exposure to Solana, a high-performance blockchain platform, while earning staking rewards without directly managing digital assets. Staking yields on Solana’s network typically range from 5-7% annually.

Share this article

Share this article

Kraken announced that Ethena Labs’ synthetic dollar stablecoin USDe will be listed soon, marking the token’s first availability on a US-based exchange.

USDe, a synthetic dollar stablecoin designed to maintain a value pegged to the US dollar through hedging strategies rather than traditional fiat reserves, differentiates itself from fiat-backed alternatives like USDC through delta-neutral hedging with Bitcoin and Ethereum derivatives.

The Kraken listing represents a significant compliance milestone, as US exchange listings typically require rigorous regulatory checks.

This comes amid a broader trend under President Trump’s administration where crypto regulations emphasize innovation while addressing risks like money laundering.

Stablecoins are experiencing rapid growth in DeFi ecosystems, with the total stablecoin market cap exceeding $294 billion as of 2025, driven by their use in trading, lending, and cross-border payments.

Share this article

Share this article

ARK Invest purchased shares of Alibaba Group Holding Ltd. for the first time in four years today, marking founder Cathie Wood’s return to the Chinese e-commerce giant.

The investment management firm, known for its focus on disruptive innovation across sectors like AI and genomics, last acquired Alibaba stock in 2021. The purchase comes as the Chinese technology conglomerate’s shares have surged 97% year-to-date in 2025.

Alibaba’s stock resurgence reflects broader investor optimism in Chinese tech companies amid the country’s economic stimulus measures. The company operates dominant e-commerce, cloud computing, and digital payments platforms including Taobao and Alipay.

The timing aligns with ARK’s historical pattern of re-entering positions in high-growth technology stocks following periods of market volatility.

The purchase signals renewed confidence in Chinese tech giants despite ongoing U.S.-China trade tensions that have weighed on the sector in recent years.

Share this article

Share this article

The Federal Reserve Chair Jerome Powell today signaled uncertainty about the pace of interest rate cuts through 2025, tempering market expectations for monetary easing.

Powell’s comments come as the central bank navigates competing pressures from inflation concerns and economic growth considerations. The Federal Reserve cut rates by 25 basis points in September 2025.

Median projections from Federal Reserve officials indicate a potential total of 50 basis points in additional cuts by year-end, though Powell emphasized these are not guaranteed and remain contingent on incoming economic data.

The central bank has revised its 2025 outlook to include “stagflation-lite” risks, with unemployment potentially rising and inflation sticking around 3.1%. This economic backdrop makes further rate cuts dependent on data performance rather than predetermined schedules.

Market pricing currently aligns with expectations of rates falling to 3.75% by the end of 2025. However, investor sentiment could shift if data shows persistent inflation or labor market weakness.

Under President Donald Trump’s administration, the Federal Reserve faces public pressure for more aggressive rate reductions to stimulate economic growth. The central bank previously paused rate cut cycles during periods of uncertainty, as seen in 2019 amid trade tensions.

Share this article

Share this article

Robinhood Markets Inc. (HOOD) is positioned to add $16 billion in market capitalization as the company expands deeper into prediction market services, according to analyst projections.

The brokerage firm has partnered with Kalshi, a prediction market platform, to allow users to bet on events like elections directly through its mobile app. This integration has contributed to increased trading volumes across the platform.

Prediction market contract volumes on platforms like Kalshi are projected to reach a record $2.6 billion by September 2025, reflecting growing user interest in event-based betting amid high-profile events like U.S. elections.

Robinhood’s market cap has surged from around $20 billion in early 2024 to over $80 billion by mid-2025. The growth has been fueled by expansions into new areas including crypto trading and prediction markets, marking a recovery from post-IPO lows in 2022.

The company’s diversification strategy beyond traditional stock trading has attracted analyst attention, with firms like Piper Sandler issuing bullish price targets based on the platform’s growth potential.

Share this article

Share this article

Gold reached a record high of $3,800 per ounce today, marking another milestone for the precious metal amid continued economic uncertainties and investor demand for safe-haven assets.

The surge extends gold’s remarkable rally in 2025, with the metal posting multiple record highs throughout the year after surpassing $3,000 per ounce earlier. The precious metal has gained more than 40% year-to-date.

Recent price increases have been fueled by U.S. Federal Reserve interest rate cuts and a weakening dollar, driving investors toward traditional safe assets during periods of global instability.

Central banks have been accumulating gold reserves at record levels, with China among the nations building positions as part of a broader de-dollarization trend where countries diversify away from U.S. currency holdings.

Global gold demand reached over 4,000 tonnes annually in recent years, with physical demand for bars and coins surging among retail investors. Mining production has remained relatively stable at around 3,000 tonnes per year, creating supply pressures.

Gold historically surges during economic instability, rising from around $800 to over $1,900 per ounce between the 2008 financial crisis and 2011 as investors sought protection against market volatility and inflation.

Share this article

Share this article

Spot Ethereum ETFs recorded $76 million in outflows on Monday, with major asset managers BlackRock and Fidelity among the firms reporting investor redemptions from their exchange-traded funds.

The outflows continue a pattern of volatility seen in September 2025, with ETH-tracking funds experiencing fluctuating investor interest.

Fidelity and Bitwise drove much of the redemption activity, while BlackRock’s iShares Ethereum ETF saw occasional inflows that partially offset the broader trend across the product category.

Since launching in July 2024, spot Ethereum ETFs have accumulated over $13 billion in net inflows overall. However, Grayscale’s legacy trust has seen outflows exceeding $4.5 billion as investors migrated to newer, lower-fee alternatives.

The funds have shown institutional appetite for ETH exposure in recent months, with several trading days recording more than $100 million in inflows. Ethereum traded at approximately current levels amid broader digital asset market movements.

Share this article