MARA transfers $81.1 million in bitcoin to Galaxy Digital as strategy pivots to AI
The bitcoin miner’s transfer does not confirm a sale, but comes as its treasury has fallen from 53,822 BTC in February to 35,577 BTC in August. Source：CoinDesk
Sam Altman-backed bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Crypto-led round
Meanwhile has signed 15 brokers serving highnet worth clients across markets iSwitzerland, Singapore, Hong Kong and the UAE. Source：CoinDesk
Jelly Roll and Bunnie Xo set to sell $7 million Tennessee home he gave her in divorce
Jelly Roll and Bunnie Xo are bidding farewell to their $7 million Tennessee home, which the country singer handed over to his former wife following their…
Why one Wall Street firm sees parallels to the late 1970s and recommends shorting U.S. stocks
The artificialintelligence buildout is most often associated with the dotcom boom at the end of the last century, but quants at one Wall Street giant identify…
Bitcoin, Ether ETFs’ October outflows swell toward $1B
Bitcoin ETFs lost $244 million on Thursday, while Ether funds extended their outflow streak to eight sessions, shedding $641 million. Source：Cointelegraph
New tech to power bitcoin lending is set to debut with $500 million in commitments
Layer1 blockchain Sui is launching Hashi, an institutional protocol allowing holders to use bitcoin as collateral without moving it off the Bitcoin network.…
Ether bets were wiped out at six times bitcoin’s rate in crypto’s $1 billion flush
About $356 million in ETH positions were liquidated over 24 hours, more than bitcoin despite ether’s market value being less than a fifth as large.…
Bitcoin rebounds to $82,000 as Trump rules out Iran strikes, oil drops
Bitcoin rebounded to $82,000 as Trump ruled out an Iran strike before the midterms, while crypto security experts pushed back on “bunker mode” fears.…
SpaceX’s Starlink Mobile plans are pressuring AT&T and Verizon shares
SpaceX plans to purchase Grain Management’s 800 MHz spectrum portfolio in a move to bolster its mobile ambitions. The news is lifting celltower stocks.…
Micron, Nvidia and AI chip stocks fall as report on OpenAI’s revenue causes ‘undue concern’
OpenAI’s annualized revenue reportedly fell short of expectations — but analysts say that reflects differences in how the figure is reported, not weakness in…
PepsiCo CEO’s message to employees: If you’re not producing growth, you’re out
PepsiCo CEO Ramon Laguarta says that everything at the company that is not related to growth will not be part of the company. Source：MarketWatch
Feel like a pumpkin-spice burrito? Analysts try to wrap their heads around a possible Starbucks-Chipotle tie-up.
Starbucks investors would likely not be happy about the company adding debt to finance a deal to buy Chipotle, given that it already has a high debt load.…