South Korean IPO flop is the latest in a string of disappointments for the global AI trade
October alone has witnessed the shelving of three separate flotations planned for datacenter providers, backed by AI powerhouses like Nvidia, Blackstone and…
The multi-million dollar real estate portfolio of Buffalo Bills QB Josh Allen and actress Hailee Steinfeld
Josh Allen reached another milestone in his NFL career, but his life away from football is equally impressive—including the real estate portfolio he shares…
BlackRock files for third Bitcoin ETF, still no Solana or XRP
BlackRock’s proposed Bitcoin fund would use options to limit potential losses and gains, adding another strategy to its existing Bitcoin and Ether ETF lineup.…
US Bitcoin ETFs draw $527M in biggest showing since September
BlackRock’s IBIT led the gains with $665.2 million in inflows, offsetting withdrawals from Fidelity and Grayscale, while other funds recorded no net flows.…
Sophon sets Nov. 25 withdrawal deadline ahead of mainnet shutdown
In June, Sophon’s developers said the costs of maintaining a standalone blockchain no longer justified its benefits and announced plans to focus on consumer…
Bitcoin rally could revive treasury buying, but easy-money days over
“A return to last year’s indiscriminate capital raising looks unlikely,” said Bitfinex head of derivatives Jag Kooner. Source:Cointelegraph
Solana treasury firm SkyAI sells all SOL holdings, launches $201M buyback
The former medical device maker has liquidated its Solana treasury and is offering to repurchase shares and warrants using its $223.8 million cash holdings.…
Why the midterm elections are likely to become a strong tailwind for the stock market
The six months subsequent to midterm elections have seen strong gains, historically Source:MarketWatch
Crypto PAC pours $362K into California race voters essentially decided in August
A Fairshake affiliate is supporting incumbent Aisha Wahab through ads in November, but the congresswoman already won a special election in the district.…
Tether: Senator's investigation misses positive work that's led to lower Iran volumes
The stablecoin issuer's CEO, Paolo Ardoino, has been defending against accusations that the firm's stablecoins have fueled financial activity in Iran.…
SpaceX earnings will be all about AI — for better or for worse
SpaceX has been renting out access to computing power, which is a big source of revenue growth but also one that comes at a high cost. Source:MarketWatch
Why the Treasury’s financing plans are sparking anxiety on Wall Street
Yields on 10year and 30year bonds were rising again Monday after falling sharply last week. Source:MarketWatch