Tether Makes Bid to Buy Football Club Juventus

Tether Makes Bid to Buy Football Club Juventus

Crypto stablecoin issuer Tether says it has launched a bid to fully acquire the Italian professional soccer club, Juventus Football Club, which has reportedly already been shot down. Tether said on Friday that it submitted a binding all-cash proposal to Exor, the holding company of the Agnelli family, for its 65.4% controlling stake in Juventus…

Citadel Securities and DeFi Waging War of Words Through SEC Correspondence

Citadel Securities and DeFi Waging War of Words Through SEC Correspondence

After a 13-page letter from investment powerhouse Citadel Securities advised the U.S. Securities and Exchange Commission that decentralized finance (DeFi) protocols handling tokenized securities demand a closer regulatory grip, the industry answered back with its own correspondence on Friday, calling the arguments “baseless.” “While we share Citadel’s aims with respect to investor protections, orderly markets,…

Analyst Completely Demolishes FUD Targeting XRP And Ripple

Analyst Completely Demolishes FUD Targeting XRP And Ripple

A widely followed analyst shares his insights into the key narratives driving the XRP FUD. He explains that the token remains integral to Ripple’s operations, and that most of the company’s valuation is tied to it. Onchain data also shows that Ripple is not actively selling XRP; instead, it remains the top buyer of the…