IREN stock rebounds following $3.6B debt and equity fundraising move
IREN closed trading on Wednesday up nearly 7%, slightly recovering from a major drop on Tuesday after sharing plans for its latest capital raising effort.
Crypto
Asia Morning Briefing: Polymarket Bettors Still Expect Big Strategy Buys Even as Saylor Prepares for a Weak Market
CryptoQuant’s latest report shows the company preparing for weaker conditions with smaller buys and a growing USD buffer, yet traders continue to price in a playbook built on reflexive accumulation.
Solana Mobile to roll out native taken in January
Solana Mobile says its SKR token, tied to its Seeker phone, will launch early next year, with a total supply of 10 billion tokens.
Connecticut Orders Kalshi, Robinhood, and Crypto.com to Halt ‘Unlicensed’ Online Gambling
State regulators have issued cease-and-desist letters alleging that the platforms offered illegal sports-event contracts to Connecticut users.
Ledger Finds Popular Smartphone Chip Vulnerable to Unpatchable Attacks
A report by the provider of crypto wallets shows that a Mediatek Dimensity 7300 chip could be compromised at its lowest level.
High-Leveraged Crypto ETF Applications on Hold After SEC Warnings
Leveraged crypto and other ETFs already exist for U.S. investors, but the SEC wants issuers to address risk concerns over proposed products.
BlackRock Remains Risk-on as ‘Mega Forces’ Like AI, Stablecoins Transform Financial Markets
Global investment firm BlackRock is staying risk-on and overweight U.S. equities as AI leads market forces heading into 2026.
Fusaka goes live as Ethereum edges closer to ‘instant feel’ UX
How Ethereum’s new PeerDAS feature slashes fees, boosts data capacity and paves the way for lightning-fast user experiences on the network.
Connecticut Orders Kalshi, Robinhood, Crypto.com to Cease Sports Betting
The state issued cease-and-desist orders to the firms to stop conducting “unlicensed online gambling” via their sports events contracts.
BlackRock’s Fink calls Bitcoin an ‘asset of fear’, softens crypto stance
Larry Fink spoke alongside Coinbase CEO Brian Armstrong, describing how BlackRock’s stance on crypto had evolved over the previous eight years.
Strategy Bitcoin buys collapse, company bracing for bear market: Analyst
Strategy’s monthly BTC buys contracted significantly in the second half of 2025 amid a broad downturn in the crypto treasury market.
Ethereum Activates Fusaka Upgrade, Aiming to Cut Node Costs, Speed Layer-2 Settlements
At the center of the upgrade is PeerDAS, a system that lets validators check small slices of data rather than entire “blobs,” reducing both costs and computational load for validators and layer-2 networks.
Fin lands $17M for stablecoin payments app built by ex-Citadel team: Report
Fin, founded by two former Citadel engineers, raised capital to launch a stablecoin app for cross-border payments as banks and fintechs expand into digital assets.
Crypto bounces but weak US macro data, AI uncertainty threaten the recovery
Cryptocurrencies show strength despite investors’ concerns about the AI industry and weak US labor and consumer data. Would an acceleration of money printing boost Bitcoin?
Crypto M&A deals hit an all-time high in 2025, blowing past $8.6B
Crypto deals activity surged to record levels this year, even as the industry continued to face significant market turbulence and macroeconomic headwinds.
Fanatics Enters Prediction Markets With App Live in 10 States
Sport clothing and collectibles giant Fanatics has launched Fanatics Markets, letting users trade outcomes of sports, politics and more — with crypto and IPO bets coming by 2026.
Binance Unveils New Crypto Savings Account for Kids
Binance Junior accounts will be limited to moving funds back to parent accounts or to other Junior accounts, with on-chain withdrawals unavailable.
Major banks running stablecoin, crypto-trading pilots with Coinbase, Armstrong says
At the DealBook Summit, BlackRock CEO Larry Fink acknowledged Bitcoin’s utility, as Coinbase’s Brian Armstrong said the exchange is running pilots with major US banks.
LINK Surges 7% as Grayscale’s Chainlink ETF Sees $37M in First-Day Inflow
The oracle token outperformed most major cryptocurrencies as U.S. investors gained ETF access to LINK for the first time.
Mistral Roars Back With Frontier AI Family That Goes Head to Head With DeepSeek
French startup Mistral releases a 4-model AI family, challenging DeepSeek with frontier performance and EU data sovereignty for enterprises wary of Chinese alternatives.
Bitcoin Hovers Near Production Cost as Bull/Bear Line Tightens
Difficulty and network valuation models point to BTC hovering around fair value near $90,000.
Is Bitcoin Treasury Giant Strategy ‘Too Big To Fail’?
Bitcoin treasury company Strategy is not too big to fail, say some company observers, but others disagree.
XRP faces ‘now or never’ moment as traders eye rally to $2.50
XRP shows renewed strength as traders crunch the charts to see if a rally into the $2.30 to $2.50 zone is possible. Does the bulk of the move depend on Bitcoin’s short-term performance?
Nvidia CEO Jensen Huang Tells Joe Rogan AI Race Is Real, but It Won’t Have a Clear Winner
In a wide-ranging interview, Huang claims AI growth is gradual, powerful and already changing global power dynamics.
Solana Mobile to Launch SKR Token in January With 10B Supply
Distribution is designed to go to the ecosystem, With 30% to airdrops, 25% to growth initiatives, and 10% for liquidity and launch support.
Coinbase CEO Armstrong Says Banks That Don’t Adapt Stablecoin Will be ‘Left Behind’
CEO Brian Armstrong said top banks are “leaning into this as an opportunity,” signaling Wall Street’s quiet embrace of crypto infrastructure.
Was the Bitcoin Jump a ‘Fake Breakout’?
Bitcoin surged on Tuesday but lost momentum. Analysts debate whether the rally will last as markets brace for the Federal Reserve’s rate decision next week.
Polymarket Launches App With CFTC Green Light in U.S. Return
Armed with CFTC approval, Polymarket has launched its mobile platform for sports and proposition markets under federal oversight.
Bitcoin’s strongest trading day since May cues possible rally to $107K
Bitcoin posted its strongest daily gain since May as buy-side flows, a sharp adjustment in investor sentiment and a return of the Coinbase premium hint at a potential rally above $100,000.
Polymarket opens US app to waitlisted users after CFTC green light
Select users in the US will be among the first to access the predictions platform to bet on sports event contracts, following clearance from a financial regulator for a relaunch.