Why Is IREN Stock Spiking Overnight?

IREN Ltd (NASDAQ: IREN) shares are trending on Thursday. Check out the current price of IREN stock here.  IREN jumped 4.48% in after-hours trading to $49.25, building on Wednesday’s 12.86% regular session gain. The dual-engine crypto mining and AI infrastructure company continues its remarkable 537.03% six-month rally. AI Cloud...
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Nine European banks to launch euro-denominated stablecoin

The euro stablecoin initiative may enhance EU financial sovereignty, diversify digital asset markets, and reduce reliance on USD-pegged coins. The post Nine European banks to launch euro-denominated stablecoin appeared first on Crypto Briefing....
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M2 Capital Invests $20M in Ethena to Expand Digital Assets in Middle East

M2 Capital Limited, the investment arm of UAE-based M2 Holdings, has invested $20 million in Ethena’s governance token, ENA. The move underscores a push to connect Middle Eastern investors with new digital asset infrastructure at a time when the region is seeking a larger role in global finance. Ethena...
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Ether Whale Books $45M Loss as ETH Falls Below $4K

An ether (ETH) whale took a multi-million dollar loss on its bullish bet on Thursday after the cryptocurrency’s price dipped below $4,000 for the first time since Aug. 8. The whale address labelled 0xa523 had its leveraged bullish position worth 9,152 ETH ($36.4 million) forcibly liquidated by the decentralized...
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Nine European Banks Join Forces To Issue MiCA-Compliant Euro Stablecoin

Nine major european banks have joined forces to launch a euro-denominated stablecoin regulated under the trading block’s Markets in Crypto Assets regime (MiCA). The banking giants involved are: ING, Banca Sella, KBC, Danske Bank, DekaBank, UniCredit, SEB, CaixaBank and Raiffeisen Bank International. Earlier this year, CoinDesk reported that Dutch...
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Mike Novogratz Says This Crypto Is Set To Get The ‘Lion Share’ Of Financial Market Bounty Thanks To Its Speed, Processing Powers

Galaxy Digital Inc. (NASDAQ: GLXY) CEO Mike Novogratz, said in an interview aired Tuesday that Solana (CRYPTO: SOL) would capture the “lion’s share” of financial markets in the future. Novograts Bets On Solana’s Speed Appearing on Anthony Pompliano’s podcast, Novogratz shared his thoughts on the potential of the proof-of-stake blockchain....
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Ethereum Sees Red, Crashes to $4K in a 7-Week Low, Where to Next?

Ether prices fell to $3,994 during Thursday morning trading in Asia, its lowest level since early August. The asset was trading marginally above $4,000 at the time of writing, after shedding another 3.3% on the day. ETH is currently down 19% from its all-time high, and most of those...
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