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[Financial Times: Tether is considering leading a funding round of approximately $1.16 billion for German tech startup Neura Robotics]
According to the Financial Times, Tether, the issuer of the world's largest stablecoin, is considering leading a $1.16 billion funding round for German tech startup Neura Robotics and continuing to explore new investment opportunities. Sources familiar with the matter said that initial talks have begun, and the funding round is expected to value Neura Robotics between $9.29 billion and $11.6 billion.
Neura Robotics focuses on the development of humanoid robots. Its first product is primarily aimed at industrial customers, and it plans to gradually expand into the home robot market. The company has publicly stated its goal of achieving a production scale of 5 million units by 2030, aiming to create "the iPhone moment for the robotics industry." In January of this year, Neura raised nearly $140 million in a funding round, with investors including BlueCrest, C4 Ventures, Lingotto, and Volvo Cars Technology Fund.
This stablecoin issuer generated over $10 billion in profits in the first three quarters of this year and is seeking to diversify its portfolio.
[The U.S. SEC has issued guidance on post-shutdown filings, which may accelerate the approval process for several crypto ETFs.]
According to Bloomberg analyst Eric Balchunas, citing the latest guidance from the SEC, the SEC received over 900 registration documents during the government shutdown and is now accelerating the clearing of the backlog.
The guidance document indicates that if the registration statement submitted by the issuer during the shutdown period does not include a delay-effectiveness clause (path 8(a)), it will automatically become effective after 20 days, and the issuer can apply for expedited effectiveness by supplementing the delay clause. Analysts suggest this may prompt some crypto ETF issuers that have not yet completed the 8(a) process to accelerate their listing process, with Bitwise's XRP ETF considered a potential next wave of entrants.
[US Bureau of Labor Statistics: September 2025 employment data will be released on November 20, and October state employment and unemployment data will be released on November 21]
The U.S. Bureau of Labor Statistics stated that the September 2025 employment figures will be released on November 20. The October 2025 state employment and unemployment figures (monthly data) will be released on November 21.
[Cryptocurrency investment firm founder sentenced to 5 years in prison for $9 billion Ponzi scheme]
According to an official announcement, Travis Ford, an Oklahoma man, was sentenced to 60 months in prison for operating a cryptocurrency investment fraud scheme and ordered to pay over $1 million in forfeitures and $170,000 in restitution.
As CEO and co-founder of Wolf Capital Crypto Trading LLC, Ford raised $9.4 million from approximately 2,800 investors through the company's website and social media, falsely promising daily returns of 1-2% (approximately 547% annualized). Ford has admitted that these returns were unsustainable and admitted to misappropriating investor funds for personal and collusive gain. The U.S. Postal Inspection Service is investigating the case, and the Department of Justice's Fraud Division is prosecuting the case.
Multicoin Capital Liquid Fund invests in Ethena Protocol's native token, ENA.
Multicoin Capital Liquid Fund announced an investment in Ethena Protocol's native token, ENA.
Ethena Protocol is the issuer of the synthetic dollar stablecoin USDe. Multicoin states that Ethena aims to challenge the USDC and USDT stablecoin landscape with its synthetic dollar stablecoin.
Mizuho Securities maintains its "underperform" rating on Circle stock and lowers its price target to $70.
Mizuho Securities maintained its "underperform" rating on Circle stock, and its analysts lowered their base price target to $70 from $84. Circle stock (ticker symbol CRCL) traded at around $82 on Friday, down nearly 40% over the past month.
"We believe the company's valuation fails to adequately reflect the key risks to its medium-term earnings," Mizuho Securities analysts stated in a research report. The analysts also noted potential risks including "imminent interest rate cuts, relatively stagnant economic growth, high (and rising) circulation costs, and increasingly fierce competition among stablecoins." Mizuho further stated, "Consensus expectations for CRCL over the next few years may be revised downwards due to declining interest rates, the less-than-ideal adoption of its USDC stablecoin, and the increasing costs of distributing the coin."
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