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Ondo Leads An Overnight Altcoin Bid As Bitcoin Holds Near $84,000
Ondo rose more than 20% after putting three BlackRock-designed portfolios onchain. Litecoin added 18% with no announcement behind it. Bitcoin and ether traded lower while 51 of 60 large-cap tokens screened on Kraken sat above their 00:00 UTC open. The 10-year Treasury par yield closed Wednesday at 5.11%, and Polymarket now prices an October rate increase at 68%.
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TradFi & Fintech
CleanSpark Closes $2.276 Billion Debt Deal for Sandersville Data Center
The 7.875% notes fund construction and reimburse earlier equity contributions to a Georgia project with a 20-year lease.
Markets
Ondo Leads An Overnight Altcoin Bid As Bitcoin Holds Near $84,000
Ondo rose more than 20% after putting three BlackRock-designed portfolios onchain. Litecoin added 18% with no announcement behind it. Bitcoin and ether traded lower while 51 of 60 large-cap tokens screened on Kraken sat above their 00:00 UTC open. The 10-year Treasury par yield closed Wednesday at 5.11%, and Polymarket now prices an October rate increase at 68%.
Regulation
EBA Floats Stablecoin Lending Restrictions for EU Crypto Firms
The regulator wants the EU to examine rules for DeFi gateways, with leverage caps and certification of lending protocols among the options.
CeFi & Stablecoins
Tether Says EQIBank Exposure Is Below 0.034% of Group Assets
A federal court order lists $79.1 million seized.