Market Brief
JPMorgan Launches JPM Coin on Base for Instant Institutional Settlements
JPMorgan launches JPM Coin on Base to enable real-time institutional settlements and extend blockchain-based banking infrastructure.
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JPMorgan launches JPM Coin on Base to enable real-time institutional settlements and extend blockchain-based banking infrastructure.
Coinbase and BVNK abandon a planned $2 billion acquisition following due diligence, signaling a more selective crypto M&A climate.
OpenAI drafts a five-year path to fund $1T+ of data centers, chips, and energy to deliver its promised AI compute.
AMD secures over $45 billion in custom chip design contracts beginning in 2026, expanding into AI and high-performance sectors.
CleanSpark plans to raise $1.15 billion to scale Bitcoin mining and AI data infrastructure amid industry diversification after the 2024 halving.
TeraWulf’s Q3 revenue surged 87% to $50.6 million as Bitcoin’s average price nearly doubled and AI infrastructure growth boosted results.
Gemini shares hit record lows after a $159 million quarterly loss, as the firm shifts focus toward developing a crypto “super app.”
UNI jumps 38% after Uniswap unveils its “UNIfication” proposal introducing fee sharing and a 100 million token burn to enhance holder value.
Bitdeer shares fall 20% after posting a $266 million quarterly loss despite record revenue and expanding AI operations.
A Satoshi-era whale dumps 11,000 BTC—worth ~$1.3 billion after 15 years of holding, sparking questions about major early-holder exits.
Christopher Eppinger, 31, earned over $250 million trading Russian oil through his phone, moving millions of tons across global markets.
JPMorgan and DBS join forces to develop an interoperable framework for tokenised deposits, aiming to facilitate real-time inter-bank transfers across multiple blockchains.