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.
CEO Evgeny Gaevoy says market-maker Wintermute has no intention of suing Binance despite rumours linking them to the October 10 crypto crash.
French MPs passed a measure to levy a 1% tax on so-called ‘unproductive wealth’ over €2 million, extending the tax base to include cryptocurrencies and luxury assets.
Warren Buffett’s Berkshire Hathaway reported record cash holdings of $381.7 billion and a 34% jump in operating earnings, driven by strong insurance results and restrained disaster losses.
Michael Burry, famed for predicting the 2008 crash, has broken nearly two years of silence to warn that markets may be in a bubble and that ‘sometimes the only winning move is not to play’.
Alphabet’s stock climbed 8% after reporting record quarterly revenue of $102.3 billion, beating forecasts and raising its AI infrastructure budget to $92 billion for 2025.
OpenAI is preparing for an initial public offering that could value the company at up to $1 trillion, following a major restructuring and as it prepares for massive capital demands.
The Federal Reserve lowered its benchmark interest rate by 25 basis points to a range of 3.75%-4.00%, marking the second consecutive cut this year as economic uncertainty deepens amid a prolonged government shutdown.
Telegram announced its new “Cocoon” network, powered by AI and the TON blockchain, which lets GPU owners earn tokens and gives developers low-cost AI access while prioritising privacy.
Nvidia has officially become the first company in history to reach a $5 trillion market capitalization, cementing its dominance in the AI era and setting a new benchmark for global technology valuation.
The S&P 500 reached a new all-time high above 6,900 even as nearly 80% of its components fell, with Apple, Nvidia and Microsoft alone driving the rally ahead of the Fed’s rate decision.
Payments giant Visa announced it will begin supporting four different stablecoins operating on four unique blockchains, expanding its crypto-asset infrastructure amid growing institutional demand.
Apple became the latest company to surpass $4 trillion in market value, joining Nvidia and Microsoft as investors reward AI innovation and stronger-than-expected iPhone 17 sales.
Amazon is preparing its largest corporate layoff to date, set to begin Tuesday and potentially affect up to 30,000 jobs, or roughly 10% of its corporate workforce.
HSBC Holdings’ pretax profit dropped 14% in the third quarter following a $1.1 billion charge tied to the Bernard Madoff scandal, yet the bank raised its net interest-income forecast to $43 billion for 2025.