Cocoa futures dropped below $5,300 per ton on ICE for the first time since 2024, pressured by expectations of U.S. tariff cuts and improving West African harvests.
European markets dipped as investors recalibrated expectations of a U.S. rate cut and flagged overvaluation in the AI sector, while weak Chinese economic data added to global risk-off sentiment.
Bitcoin Depot, North America’s largest Bitcoin ATM operator, has launched its first Asian operations in Hong Kong – targeting a top-five position in the market and meeting rising cash-to-crypto demand.
Shares of SoftBank Group fell by as much as 10% after the conglomerate sold its entire stake in NVIDIA Corporation for $5.8 billion, highlighting mounting funding pressures from its ambitious AI investments.
Warren Buffett announced he will no longer write Berkshire Hathaway’s annual shareholder letters, marking the end of a 60-year tradition as he accelerates his philanthropic plans and prepares to hand leadership to Greg Abel.
Trump Media & Technology Group reported a third-quarter net loss of $54.8 million while holding 11,542 Bitcoin and expanding crypto assets, raising questions about its treasury strategy and operational model.
J.P. Morgan argues that Bitcoin is undervalued compared to Gold on a risk-adjusted basis and estimates a fair price of about $170,000 for the cryptocurrency within 6-12 months.
Bernstein analysts say platforms like Polymarket and Kalshi are rapidly transitioning from niche experiments into legitimate financial products attracting institutional and Wall Street interest.
Molecular-diagnostics startup BillionToOne raised $273 million in an oversubscribed IPO, with shares jumping 67% at debut and valuing the company at around $4.4 billion.
Duolingo shares fell 27% after issuing weaker guidance for the fourth quarter, as the company prioritizes user growth and long-term initiatives over short-term monetization.
The Central Bank of Ireland imposed a €21.5-million penalty on Coinbase Europe after discovering that more than 30 million transactions were inadequately monitored from April 2021 to March 2023.
Crypto wallet maker Tangem has rolled out the Tangem Pay virtual Visa card, enabling users to spend USDC stablecoin from their hardware wallet at millions of merchants worldwide while undergoing standard KYC.
China has secured its first foreign partner under its gold-custody scheme, with Cambodia agreeing to store reserves in China as Beijing expands its role in global bullion markets.
Crypto exchange Gemini is seeking U.S. derivatives approval to launch ‘Gemini Titan’, a prediction-market platform that would allow trading on outcomes ranging from sports and elections to economic data.
Bitcoin fell below the $100,000 level amid rising liquidation pressure and ETF outflows, as analysts flag a potential descent toward $90,000 or lower.