The well-known encryption currency trading platform Gemini recently revealed its IPO prospectus, unveiling the company's ambition to be listed on NASDAQ, with the proposed stock code being GEMI. However, financial data shows that the company is facing severe operational challenges.
According to the S-1 filing, Gemini's net loss surged to $282.5 million in the first half of 2025, compared to a loss of $41.4 million in the same period of 2024, showing a significant increase. More notably, the company's adjusted EBITDA turned from a profit of $32 million to a loss of $113.5 million, reflecting a

Recently, the Crypto Assets industry giant Digital Currency Group (DCG) took a remarkable legal action. The company filed a lawsuit against its bankrupt subsidiary Genesis Global Capital, seeking to recover over $105 million in funds and corresponding Interest.
This move stemmed from a goodwill gesture by DCG during the turmoil of the crypto assets market in 2022. At that time, the well-known hedge fund Three Arrows Capital collapsed, causing a severe impact on the entire industry. To help Genesis through the tough times, DCG proactively provided it with promissory notes of up to $1.1 billion

In the financial world, people often overlook an important fact: the cryptocurrency sector is a high-cost financing environment with unique liquidity characteristics. This feature brings unique opportunities for Decentralized Finance (DeFi).
Imagine if someone borrowed money from you, whether it is 700,000 RMB or the equivalent of 100,000 USDC, promising a 5% annual interest rate. In a traditional financial environment, the choice of 700,000 RMB seems more attractive, as compared to the bank's 0.95% deposit rate, a 5% return rate appears quite substantial.
However, in the world of cryptocurren

The latest blockchain data analysis results have attracted the attention of the crypto assets market. According to reports from professional analysis institutions, the gap between the implied volatility of Bitcoin's 6-month and 1-month options is widening, a phenomenon that reflects traders' greater uncertainty about the mid-term market outlook compared to the short-term.
Currently, this ratio has climbed to a historical high, with only a few trading days having recorded higher values. Specifically, only 3.2% of historical trading days recorded a higher ratio. This data suggests that market pa

The cyclical changes in the investment market have always been a focus for investors. The development of a bull run can typically be divided into several typical stages, each reflecting the psychological changes and behavior patterns of market participants.
First, the market often begins with skepticism. Investors are cautious about the rise, believing it may just be a temporary rebound.
Subsequently, when the price starts to rise, many people still remain skeptical, expecting a correction or decline. This mindset may cause some to miss the early rising opportunities.
In the third phase, the i

Recent news indicates that the South Korean government is actively laying out the future of the digital economy. According to interpretations by authoritative analysts, the five-year development blueprint recently released by Korea's national policy-making agency particularly emphasizes the importance of building a digital asset ecosystem. This initiative is seen as a significant Favourable Information signal for the virtual money industry.
Experts point out that in the future five-year national development strategy announced by the South Korean government, 'building a globally leading innovat

Despite an overall market pullback, the AI zone continues to maintain strong growth momentum, with a total market capitalization reaching $13.25B. Although Token prices have generally fallen, this has not hindered the continuous emergence of new projects, demonstrating investors' sustained enthusiasm for the AI field.
According to data from Coingecko, the trading activity of AI-related tokens remains high over the past 24 hours. Among them, the VIRTUAL token ranks first with a trading volume of $220.4 million, followed by the TAO token, which has a trading volume of $207.2 million. It is worth

In the Crypto Assets industry, a notable criminal case has recently made new progress. Jarett Dunn, the former senior developer of the Pump.fun project, has recently confessed to serious job-related crimes. According to reliable sources, Dunn admitted to charges of abusing power for fraud and transferring criminal proceeds.
The amount involved in this case is quite considerable, reportedly with the value of the Crypto Assets illegally possessed by Dunn reaching approximately 2 million USD. This behavior not only severely violates professional ethics but also breaches relevant laws and regulati

Market trading is an art that requires keen insight and strategic application. The following four key points can help traders better grasp the pulse of the market and improve their trading success rate.
First of all, volume analysis is an important tool for interpreting market sentiment. When we observe a significant increase in volume while prices remain stable, it usually indicates that the market may be on the verge of a rebound. Conversely, if the volume increases but prices struggle to break through, it may suggest that the short-term trend is nearing its end. It is worth noting that volu

Recently, the cryptocurrency market has shown the anticipated falling trend. Despite the frequent favourable information from Wall Street regarding the approval of Bitcoin ETFs, the market response has not met expectations. Institutional investors seem to be taking a wait-and-see approach, while some flexible investors have begun to withdraw. This phenomenon indicates that even with short-term favourable stimuli, the market is difficult to sustain an upward trend.
The recent trend of Bitcoin has confirmed this point. After a brief surge, the price quickly began to fall. However, this pullback

The latest released data on the US Producer Price Index ( PPI ) has raised widespread concerns in the financial markets. The PPI is an important indicator that measures changes in production costs for businesses, covering various factors such as raw materials, energy, and labor. When these costs rise, it is usually reflected in the pump of the PPI, and may eventually be passed on to retail prices, affecting the daily lives of ordinary consumers.
The announced PPI increased by 3.3% year-on-year, exceeding market expectations. This data may have a significant impact on the Federal Reserve's mone

Recently, Google Play announced a new policy targeting crypto wallet operators, requiring relevant businesses in more than 15 jurisdictions, including the United States and the European Union, to obtain operating licenses. This news has caused quite a stir in the crypto world, even leading to panic rumors that "non-custodial wallets will be banned."
This policy stipulates that, starting from October 29, wallet service providers in the United States must register with local regulatory authorities as 'money service businesses' or 'money transmitters'. At the same time, they are also required to

Recently, the financial market has observed that the Central Bank of Thailand may adopt a more accommodative monetary policy. DBS Bank senior economist Chua Han Teng pointed out in the latest research report that the Central Bank of Thailand may lower the interest rate by another 25 basis points before the end of this year.
This forecast is based on the latest position of the monetary policy committee of the Central Bank of Thailand. The committee believes that the current economic environment requires more accommodative monetary policy support. It is worth noting that although the Central Ban

Ethereum (ETH) has recently performed strongly, with the price breaking through the key resistance level of $4700 and continuing to rise, reaching a historical high of $4774.08, marking a 24-hour rise of 9.53%. This price breakthrough is accompanied by a noticeable increase in market activity, with the daily active address count steadily growing, hitting a yearly high of 840,000 on August 4.
Multiple factors have contributed to Ethereum's strong performance. Standard Chartered has significantly raised its long-term outlook for Ethereum, increasing its target price for 2025 from $4,000 to $7,50