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Spot Silver Breaches the $70 Mark

37 minutes ago

According to Bitget's market data, spot silver has broken through the $70 per ounce threshold, currently trading at $70.2, with an intraday gain of 1.4%.

Relevant content

SoftBank is seeking to secure an additional $10 billion loan for equity investment in OpenAI.

Beating AI News Flash: SoftBank Group is seeking a $10 billion loan to refinance debt tied to its investment in OpenAI. The loan is part of a series of recent debt financing activities related to SoftBank’s OpenAI investment, which also includes a potential $200 billion bond issuance. Proceeds from the loan may be partially used to repay the $400 billion bridge loan obtained earlier this year for the OpenAI investment.

7 minutes ago

China's three major A-share indices rallied then retreated, with the ChiNext Index closing down 1.41%.

China's A-share three major indices rallied then retreated today. By the close of trading, the SSE Composite Index fell 0.11%, the Shenzhen Component Index dropped 0.68%, and the ChiNext Index slid 1.41%. The combined trading volume of Shanghai and Shenzhen bourses reached 2.1 trillion yuan, a shrinkage of 24.2 billion yuan from the previous trading day.

7 minutes ago

Upbit will delist the Synthetix (SNX) trading pair.

According to an official announcement, Upbit will end trading support for Synthetix (SNX) at 14:00 on September 28. The affected trading pair is SNX/BTC. Users must complete withdrawals by October 28; related assets will not be processed after the deadline.

7 minutes ago

Capital B completes a €21 million capital increase, and plans to purchase an additional approximately 270 bitcoins.

French Bitcoin reserve-listed firm Capital B (The Blockchain Group) announced the completion of a private placement round, issuing roughly 36.22 million warrant-linked shares (ABSA) to global institutional investors at €0.58 per share, generating gross proceeds of around €21 million, with net proceeds of approximately €19.9 million after related expenses. The round’s strategic investors include Bitcoin early developer Adam Back and asset management firm TOBAM, while Maxim Group acts as the exclusive placement agent. Capital B stated the funds will be used to advance its Bitcoin treasury strategy, with plans to acquire an additional ~270 BTC. Upon deal completion, the company’s Bitcoin holdings are projected to rise to around 3,415 BTC.

7 minutes ago

South Korea’s KOSPI index closed 1.79% lower, while SK Hynix dropped 4.45%.

According to Bitget market data, South Korea’s KOSPI index closed down 123.48 points, or 1.79%, at 6788.89 points on Friday, August 28. SK Hynix fell 4.45%, and Samsung Electronics dropped 3.38%.

7 minutes ago

Morgan Stanley Upgrades Aerospace Industry Rating

Morgan Stanley has adjusted ratings for multiple European industries, upgrading the rating of the European aerospace sector from "Equal Weight" to "Overweight".

7 minutes ago

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