Rumble Shares Soar on Tether Partnerships, Planned Northern Data Acquisition
Rumble announced it will acquire AI‑HPC firm Northern Data AG, adding roughly 22,400 Nvidia GPUs and expanding cloud capacity to about 180 MW, valuing the combined company at approximately $767 million. Stablecoin issuer Tether committed up to $150 million for GPU services and $100 million for a two‑year advertising campaign promoting Rumble Wallet, deepening its partnership with Rumble. Northern Data shareholders will receive 2.0281 Rumble shares each, ending with roughly 30% ownership of the merged entity, with the transaction slated to close in Q2 2026. Rumble’s shares jumped 21% in pre‑market trading while Northern Data surged 46%.
Crypto Markets Today: Altcoins Surge as Bitcoin Rebounds to $106.5K on U.S. Dividend Optimism
Bitcoin rebounded to roughly $106,500, up about 4% in 24 hours, while its market dominance slipped to 59.1% as altcoins such as XRP, XLM and HBAR posted double‑digit gains. Total value locked in DeFi climbed to $142.8 billion, driven by 20%...
Crypto Equities Move Higher Pre-Market, But There’s a Twist
Bitcoin surged past $106,000 on Monday, retaking the 365‑day moving average near $102,444, while a CME futures gap around $104,170 hints at a possible short‑term pullback. The rally lifted crypto‑related and AI‑linked equities in pre‑market trading, with Galaxy Digital up...
Is This the Indicator That Bitcoin Treasury Companies Have Hit a Bottom?
Jim Chanos ended an 11‑month short on Strategy (MSTR) after the company’s multiple net‑asset‑value (mNAV) compressed from 2.5× to 1.23×, erasing the premium that once justified his bet. The move comes as other bitcoin‑treasury firms such as Metaplanet and KindlyMD...
Zcash Privacy Meets Solana DeFi with Zenrock’s Wrapped ZEC Crossing $15M in Volume
Zenrock launched zenZEC, a wrapped Zcash token on Solana, and it has generated roughly $15 million in trading volume since its Oct. 31 debut. The token combines Zcash’s zero‑knowledge privacy with Solana’s high‑speed, low‑cost infrastructure, using Zenrock’s decentralized multi‑party computation (MPC) network...
Ledger Eyes New York IPO or Fund Raise: Report
Ledger, the French maker of cryptocurrency hardware wallets that safeguards roughly $100 billion in bitcoin, is weighing a New York initial public offering or a private financing round next year, according to the Financial Times. CEO Pascal Gauthier said he is spending...
Asia Morning Briefing: Bitcoin Rebounds as Polymarket Traders Bet U.S. Shutdown Will End Within Days
Bitcoin surged 4.2% to $106,269 and Ethereum jumped 7.4% to $3,643 after a bipartisan Senate funding deal raised odds that the U.S. government shutdown will end by mid‑week, according to Polymarket. The market’s perception of a shutdown resolution flipped from...
Crypto Prices Rise as Trump Announces ‘At Least’ $2K Tariff Dividend Per American
U.S. President Donald Trump announced a plan to pay a tariff‑funded dividend of at least $2,000 per person, prompting a modest rally in crypto markets. Bitcoin rose about 1.9% to roughly $103,000, Ether gained nearly 5% to above $3,500, and...
U.S. Regulator That May Rule Over Digital Assets Pushing Toward Crypto Spot Trading
Acting CFTC Chairman Caroline Pham is meeting directly with regulated exchanges to launch retail spot‑crypto products, such as Bitcoin and Ether, as early as next month, even though Congress has not yet granted the agency explicit authority over spot markets....
Wall Street Is Bought in On Crypto’s Upside Potential, But Not Its Tech
Wall Street’s institutional appetite for crypto has surged, with record inflows into Bitcoin ETFs and new spot products from firms like BlackRock, Fidelity and VanEck, yet the bulk of trading, settlement and market‑making remains off‑chain. Institutions avoid on‑chain execution because...
Spain’s Civil Guard Arrests Alleged Leader of 260M Euro Crypto-Linked Ponzi Scheme
Spanish Civil Guard arrested A.R., known online as “CryptoSpain,” alleged leader of the Madeira Invest Club, a cross‑border Ponzi scheme that raised roughly €260 million from more than 3,000 investors by promising guaranteed returns on contracts tied to cryptocurrency, gold, luxury...
The Great Korean Pivot: From Memecoins to Machine Chips
South Korean crypto exchanges saw daily volumes plunge up to 80% YoY, with Upbit falling from $9 bn to $1.8 bn and Bithumb losing two‑thirds of liquidity. Retail investors have migrated to the equity market, driving the KOSPI up more than 70%...
Long DATs, Short Futures: A New Wrinkle On The Basis Trade
CoinFund’s Chris Perkins argues that in 2026 investors will exploit a new basis‑trade variant by going long Digital Asset Treasury (DAT) stocks and shorting newly available CFTC‑regulated futures on a broader set of altcoins. DATs, public companies that hold crypto...
Bitcoin Whales vs Everyone Else, and the Whales Are Winning
Large Bitcoin holders—whales with over 10,000 BTC—have been net sellers for three consecutive months, driving continued price pressure while smaller wallets under 1,000 BTC remain net accumulators. The divergence was highlighted by Glassnode’s Accumulation Trend Score, which shows whales in distribution mode,...
U.S. Fed's Miran Says Policy Needs to Adjust to Stablecoin Boom That Could Reach $3T
Federal Reserve Governor Stephen Miran warned that the rapid growth of dollar‑linked stablecoins could reshape U.S. monetary policy. Fed staff project stablecoin uptake of $1‑$3 trillion by 2030, adding demand for Treasury securities that currently total under $7 trillion. Miran said the...
Crypto Markets Manage Modest Move Higher Friday, Trimming Weekly Losses
Crypto markets closed the week on a modest upside as Bitcoin rebounded above $103,000, gaining roughly 2% in the last 24 hours after dipping below $99,000 earlier in the session. Altcoins posted stronger gains, with Ether, XRP and Solana up...
JPMorgan Boosts Bitcoin ETF Holdings by 64% in Latest Filing
JPMorgan Chase & Co disclosed in a 13F‑HR filing that it now holds 5,284,190 shares of the iShares Bitcoin Trust ETF, valued at about $343.47 million – a 64.26% increase from the prior quarter. The bank’s stake rose from 3.22 million shares...
Polymarket’s Trading Volume May Be 25% Fake, Columbia Study Finds
Columbia University researchers estimate that roughly 25% of Polymarket’s historical trading volume is likely wash‑trading, with weekly fake volume peaking at about 60% in December 2024 and exceeding 90% in election and sports markets during certain weeks. Using a novel algorithm...
Bitcoin Defi Gets Another Institutional Boost Through Anchorage Digital Custody
Anchorage Digital, a U.S. federally‑chartered bank, announced it will provide regulated custody services for BOB’s hybrid Bitcoin‑Ethereum DeFi platform, giving institutions a compliant gateway to Bitcoin‑native yield opportunities. BOB’s ecosystem currently holds about $250 million in total value locked, while Bitcoin‑based...
Stop Chasing DeFi Yields and Start Doing the Math
Blueprint Finance CEO Nic Roberts‑Huntley warns that DeFi’s headline‑grabbing APYs mask hidden costs such as impermanent loss, gas fees and low liquidity, which often erode retail investors’ returns. He contrasts sophisticated institutional risk‑models that factor these variables with retail participants...
Japan Regulator to Support Country's 3 Largest Banks in Stablecoin Issuance
Japan's Financial Services Agency announced it will back a proof‑of‑concept project in which the country's three biggest banks—Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group—will jointly explore issuing a stablecoin as an electronic payment instrument. The...
Ex-Alameda Co-Founder's Crypto Trading Firm Lantern Ventures Said to Be Winding Down Funds
Lantern Ventures, the London‑based crypto trading firm founded by former Alameda Research co‑founder Tara Mac Aulay, is winding down its external funds and returning capital to investors after managing roughly $600 million at its peak. The firm has closed to new investment,...
Filecoin Soars 70% After Breaking Through $2 as DePIN Sector Rallies
Filecoin (FIL) jumped 70% on Nov. 7, soaring from $1.33 to $2.27 and breaking the key $2 psychological barrier as volume spiked to 72.8 million tokens—247% above its 24‑hour average. The move unfolded in three phases—accumulation, breakout and consolidation—and established primary support...
Market Maker Flowdesk Says Crypto Credit Is Finding a Fragile Balance
Flowdesk’s latest credit note says DeFi lenders are deleveraging after Stream Finance disclosed a $93 million loss amid a $20 billion crypto market crash, but credit lines have not frozen. Borrowing demand for major assets such as SOL, BTC, XLM, ENA and...
Bitcoin’s Fair Value Is $170K, JPMorgan Argues in Gold-Based Model
JPMorgan analysts forecast that Bitcoin could climb to about $170,000 within the next six to twelve months, up from roughly $101,000 today, based on a gold‑based valuation model. The model assumes Bitcoin requires 1.8 × more risk capital than gold and...
UK Stablecoin Rules Will Be in Place 'as Quickly as the U.S.,' BOE Says: Bloomberg
A deputy governor of the Bank of England, Sarah Breeden, said the UK will have stable‑coin regulations in place "just as quickly as the U.S.," with the proposal to be unveiled on Nov. 10. The draft rules are expected to cap...
Crypto for Advisors: What Is DeFi?
CoinDesk’s "Crypto for Advisors" newsletter explains decentralized finance (DeFi) and highlights a new Ipsos study showing only 3% of Americans recognize the term, despite 18% having used crypto. The study reveals broad demographic exposure to crypto and strong consumer interest...
Dormant Bitcoin Comes Back to Life as 4.65M BTC Reenters Circulation in 2025
In 2025, long‑term Bitcoin holders revived 4.655 million BTC – roughly $500 billion – after a year of sideways trading around the $100,000 level. Of that, 1.91 million BTC came from assets dormant two years or more, 844,000 BTC from 1‑2‑year holders, and...
Ethereum Is Like a Shark. If It Stops Moving, It Will Die
Ethereum’s upcoming Fusaka upgrade, slated for early December, aims to boost data verification and compression, promising a ten‑fold increase in speed and capacity and positioning the blockchain for institutional‑grade adoption. The platform retains advantages such as flawless uptime over its...
Securitize, VanEck Bring VBILL Tokenized Treasury Fund To Aave
Securitize and VanEck have added their tokenized Treasury fund VBILL to Aave’s Horizon market, the DeFi protocol’s institutional‑grade platform for real‑world assets. The integration uses Chainlink’s NAVLink and LlamaGuard oracles to deliver verified, risk‑adjusted NAV data, and Securitize plans to...
Tenerife Council to Sell Bitcoin Bought in 2012 After Near 10,000% Price Rise
The Tenerife Council’s Instituto Tecnológico y de Energías Renovables (ITER) bought 97 bitcoin in 2012 for about €10,000 and is now preparing to sell the holdings for roughly €10 million, reflecting a near‑10,000% appreciation. The coins were originally acquired for a...
Cango Eyes Strengthening of Bitcoin Mining Operations, Entry Into AI HPC Market
Cango, the Chinese automotive‑transaction platform that pivoted to bitcoin mining last year, said it will sharpen its mining operations by boosting uptime and energy efficiency while developing dual‑purpose energy infrastructure that can later support artificial‑intelligence high‑performance computing (AI‑HPC). The board...
Tether's Hadron, Bitfinex Securities to Tokenize Assets With ETF Issuer KraneShares
Tether’s tokenization arm Hadron, ETF issuer KraneShares, and Bitfinex Securities announced a partnership to create tokenized investment products, including tokenized ETFs, using Bitfinex’s licensed trading venue under El Salvador’s regulatory framework. KraneShares says it intends to have 100% of its business...
Central Bank of Ireland Fines Coinbase $24.6M for Anti-Money Laundering Failures
The Central Bank of Ireland has fined Coinbase Europe €21.4 million ($24.6 million) for AML and counter‑terrorist‑financing breaches spanning 2021‑2025, after a configuration error left more than 30 million transactions—worth over €176 billion—unmonitored for a year. The regulator said it took nearly three years...
Trump Says He Wants U.S. To Be ‘The Bitcoin Superpower,’ Cites Competition From China
President Donald Trump used the America Business Forum in Miami to declare that the United States will become a "Bitcoin superpower," announcing historic executive orders that end the federal "war on crypto" and emphasizing crypto’s role in easing pressure on...
How Deep Are Bitcoin Traders Hedging After Recent Price Dip Below $100K?
Bitcoin slipped below $100,000, marking an 18% decline from its recent $126,000 peak, as macro‑driven weakness curbed spot ETF inflows. On Deribit, the world’s largest crypto options venue, open interest in $80,000 puts topped $1 billion and $90,000 puts neared $1.9 billion,...
Robinhood’s Crypto Trading Revenue Soared 339% in Q3 as Company Tops Street Earnings Estimates
Robinhood reported third‑quarter crypto trading revenue of $268 million, a 339% year‑over‑year jump, driven by $80 billion in crypto volume and the addition of prediction‑market and Bitstamp businesses that together generate roughly $100 million in annualized revenue. Adjusted earnings per share came in...
Citi and DTCC Say Tokenized Collateral Works and Now Regulators Must Keep Pace
Citi’s Token Services platform is already live in the United States, United Kingdom, Hong Kong and Singapore, moving billions of dollars in real‑client cash transactions, while DTCC’s recent “Great Collateral Experiment” proved tokenized treasuries, equities and money‑market funds can serve as...
The Protocol: ZKSync Aims to Revamp Its Tokenomics Model
ZKSync’s creator has lodged a community proposal to convert the ZK token from a pure governance instrument into a utility token that captures direct economic value from network activity. The plan would channel two new revenue streams—on‑chain interoperability fees for...
Monad Foundation Sets Nov. 24 Airdrop Date for Users
The Monad Foundation announced on X that its MON token airdrop will occur on November 24, after opening a claim portal on October 14 for users to verify eligibility. The portal accepted registrations across five tracks, targeting roughly 5,500 core...
Chainlink, Apex Group Test Onchain Stablecoin Compliance With Bermuda Regulator
Chainlink and Apex Group completed a pilot with the Bermuda Monetary Authority to test an on‑chain compliance system for stablecoins, leveraging Chainlink’s Proof of Reserve, Secure Mint, and Automated Compliance Engine. The solution gives regulators real‑time visibility into a stablecoin’s...
Crypto’s Anti-Surveillance Boom: Zcash, Monero and the Return of Anonymity
Privacy-focused cryptocurrencies have surged in the second half of 2025, with Zcash rallying over 700% since late September to overtake Monero as the largest privacy coin by market cap. About 25% of ZEC’s circulating supply now resides in shielded addresses...
Bitcoin Bulls' Last Stand? $95K, According to This Well-Followed Analyst
Analyst James Check (known as Checkmate) notes that roughly 57% of all capital ever invested in Bitcoin is now underwater at the $100,000 level, translating to about $20 billion in losses—about 3% of Bitcoin’s market cap. He warns that a slide...
Citi Says Crypto’s Weakness Stems From Slowing ETF Flows and Fading Risk Appetite
Citi attributes the recent dip in crypto markets to the October 10 liquidations that dented risk appetite, a sharp slowdown in U.S. spot bitcoin ETF inflows, and weakening on‑chain fundamentals. The bank notes that large‑holder (whale) bitcoin addresses are shrinking while...
Hut 8’s Tuesday Tumble Misguided and a Buying Opportunity: Benchmark
Hut 8’s shares fell nearly 13% after the Q3 earnings call failed to announce a hyperscaler tenant for its River Bend data centre, but Benchmark analyst Mark Palmer called the sell‑off short‑sighted and kept a buy rating with a $78 price target....
Britain’s Digital ID Push Is Premature and Dangerous
On September 26 the UK government unveiled a mandatory digital identity scheme called BritCard, initially targeting all employees and slated to expand to driving licences, welfare, banking and tax services. Critics warn the system could enable mass surveillance and create...
Crypto Markets Today: Altcoins Struggle as Bitcoin Tests Key $100K Support
Bitcoin steadied near the $99,000 support line on Wednesday, edging up 1% to $103,281 after a sharp sell‑off that pushed it to its lowest level since June. Ether recovered modestly, rising 2% to $3,372 despite a 20% plunge over 48...
Dinari Taps Chainlink to Tokenize S&P DJI's Upcoming Crypto Market Index
Dinari is partnering with Chainlink to tokenize S&P DJI’s forthcoming Digital Markets 50 Index, creating on‑chain "dShares" that represent a basket of 35 blockchain‑related equities and 15 leading cryptocurrencies. Chainlink’s decentralized oracle network will feed verified, real‑time pricing and performance data to...
Bitcoin, Ether Under Pressure as Altcoins Reel, Futures Flash Caution: Crypto Daybook Americas
Bitcoin briefly fell below $100,000 for the first time since June, slipping more than 20% from its early‑October peak and triggering a broad crypto sell‑off that saw the CoinDesk 20 index drop 2.6% in 24 hours. Over $1.7 billion in long...
Gemini Prepares to Offer Prediction Market Contracts: Bloomberg
Cryptocurrency exchange Gemini (GEMI), which went public on the Nasdaq in September, is preparing to launch prediction‑market contracts, a form of event‑driven derivatives. The move follows a surge in the sector, highlighted by Polymarket and Kalshi handling more than $8 billion...