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** Shares of cryptocurrency and blockchain-related companies rise premarket, tracking gains in digital assets such as bitcoin and ether** Bitcoin , the world's biggest cryptocurrency, up 2.8% at $87,942.86; Ether up 4.3% at $2,950.32** Crypto exchange Coinbase Global rises 3%; blockchain farm oper…
0755 GMT - Bitcoin falls after the Federal Reserve delivered a widely-expected 25 basis-point interest-rate cut but Fed Chair Jerome Powell dampened expectations for further cuts. Powell said another rate cut in December was not a foregone conclusion. "The ongoing government shutdown has clearly clo…
By Katherine HamiltonSOS Limited shares rose after the company reported a jump in revenue and said it was reallocating some resources away from its cryptocurrency mining business.The stock soared 36% to $2.65 in after-hours trading Friday. Through the close shares have lost 71% of their value this y…
China's securities watchdog has advised some local brokerages to pause their real-world asset (RWA) tokenisation business in Hong Kong, said two sources, signalling Beijing's concerns of a euphoric drive towards a booming digital assets market offshore.The RWA tokenisation process usually conver…
By Dean SealShares of Lion Group Holdings surged after the company said it has secured a $600 million credit facility to launch a crypto-backed treasury reserve.The stock was recently up 26% at $3.51 in midday trading. Shares are still down 63% since the start of the year.The trading platform focuse…