Bitcoin miners face uneven borrowing costs for AI expansion
Bitcoin miners have secured AI financing at sharply different rates, with IREN’s 6% and 9% agreements showing how project terms have shaped borrowing costs, according to BlocksBridge Consulting. Summary IREN secured separate $3.65 billion and $2.4 billion financing packages at…
Bitcoin Reclaims $84K as Oil Prices Fall Despite $681M in ETF Outflows
Bitcoin climbed back above $84,000 on Monday as easing oil prices offered some relief to cryptocurrency markets, even as U.S. spot Bitcoin ETFs suffered their largest weekly withdrawals since June. The world’s largest cryptocurrency traded near $84,050 after briefly slipping…
Bybit Brings 1,000+ US Stocks and ETFs Into Crypto Trading Accounts
Key Takeaways Eligible users can purchase stocks with USDC without trading commissions. Fractional shares and extended trading hours are available on eligible securities. Cash dividends arrive in USDC; voting rights are planned for a later phase. USDC Balances Can Now…
Bitcoin Could Rally to $94K, but First It Must Break Through This Key Price Zone
Bitcoin’s ability to regain the $86,000 to $89,000 range will be a key factor in Doctor Profit’s forecast. Crypto analyst Doctor Profit expects the world’s largest crypto asset to resume its upward move soon, even though BTC failed to…
DoubleZero’s Federa says fast market data should not be private
DoubleZero has added Binance spot and futures data as Edge’s fifth venue in six months, with co-founder Austin Federa arguing that access to the fastest market feeds should be available to anyone willing to subscribe. Summary Binance joins Solana, Kalshi,…
Evernorth Hits Nasdaq With 473 Million XRP as XRPN Trading Begins
Key Takeaways XRPN reached $17.37, up 2.72% after hours, at 7:30 p.m. EDT. Evernorth entered public markets holding approximately 473 million XRP. Management plans to deploy capital and increase XRP held per share. XRPN Starts Trading as XRP Treasury Reaches…
BitMine’s Weekly ETH Buys Shrink to 12,532 as Tom Lee Says Stacking Is Done
BitMine has staked 84% of its Ethereum holdings, projecting up to $400 million in annual staking revenue once the entire treasury is deployed. BitMine said on Monday it bought 12,532 Ethereum in the week to October 11, its third…
CoinShares brings stablecoin yield to Safe wallets
CoinShares has outlined an integration with Safe Labs and Railnet to offer stablecoin yield strategies through Safe’s Earn widget while keeping users’ investment positions in self-custody, according to a press release dated Oct. 14. Summary CoinShares will design the stablecoin…
South Korea’s Bitcoin Lending Experiment Begins at Jeonbuk Bank
Key Takeaways Edaily and Maeil Business Newspaper detailed that Jeonbuk Bank has executed South Korea’s first reported traditional bank loan secured by bitcoin. New rules effective Oct. 1 let Jeonbuk Bank pursue court-supervised collateral recovery without holding bitcoin. Jeonbuk Bank…
UK Bitcoin Treasury Firm Smarter Web Closes £10M Share Offering
The first weekly payout on the new MORE shares is £0.2301 each, with an initial 12% annual rate on £100 and unpaid sums carried forward. The Smarter Web Company has raised £10 million ($13.2 million) in the initial public…
