Nasdaq-listed FG Nexus sold 10,922 ETH, valued at over $32 million, to accelerate its share buyback initiative. The firm now holds 40,005 ether worth approximately $120 million. The move follows an August SEC filing for a potential $5 billion raise to acquire Ethereum.

Monad's public token sale on Coinbase slowed to approximately 64% subscription by Tuesday evening, down from 48% the previous day. The offering seeks to raise around $187 million in USDC through 7.5 billion MON tokens by Saturday. Daily demand has declined sharply after the sale generated approximately $43 million in its first 30 minutes on Monday.

Monad's public token offering through Coinbase generated approximately $43 million in its first 23 minutes on Monday. Six hours into the sale, commitments reached around $90 million, representing 48% of the 7.5 billion MON tokens available, with momentum declining significantly after the initial surge.

Mizuho Securities lowered its price target for Circle Internet Group to $70 from $84 while maintaining an "underperform" rating. The firm cited medium-term earnings risks including interest rate cuts, stagnant USDC circulation, rising distribution costs, and intensifying stablecoin competition. Circle shares traded near $82, reflecting a nearly 40% decline over the past month.

Bitcoin fell below $100,000 on Thursday, trading at $98,841.86 with a 2% decline over 24 hours. The broader crypto market recorded $463 million in liquidations, with $342 million from long positions, data show. Bitcoin spot ETFs saw outflows of approximately $278 million on Wednesday.

Tether, the world's largest stablecoin issuer, reported profits exceeding $10 billion for the first nine months of 2025, with third-quarter earnings surpassing $4.3 billion. The company issued an additional $17 billion in USDT during Q3. Tether's U.S. Treasury holdings reached $135 billion, while it also holds nearly $13 billion in precious metals and $10 billion in Bitcoin.

Visa will support four stablecoins operating on four separate blockchains, CEO Ryan McInerney said during a Tuesday earnings call. Stablecoin-linked card spending in Q4 2024 quadrupled year-over-year. The company now operates over 130 stablecoin-linked card programs across more than 40 countries.

Ethereum Layer 2 protocol MegaETH completed its MEGA token public sale on Monday, reaching the $49.95 million cap within minutes of launch. The offering attracted demand exceeding $150 million, representing more than three times the available allocation at a fully diluted valuation of $999 million. Participation was limited to accredited investors, with a one-year lock-up option available at a 10% discount.