BNB flips XRP as the third-largest crypto asset by market cap
Binance-backed BNB has outpaced the broader cryptocurrency rally, with a 28% increase in market capitalization over the past seven days, prompting questions from the community....
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Bitcoin Miner IREN Jumps 9% After Securing New Multi-Year AI Cloud Contracts
IREN (IREN) shares continued to rally after announcing new multi-year AI cloud service contracts with leading AI companies for NVIDIA Blackwell GPU deployments. The company remains on track to surpass $500 million in annualized run-rate revenue (ARR) by the end of Q1 2026 from 23,000 GPUs in operation or...
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Newly Public Crypto Exchange Gemini Gets Lukewarm Reception From KBW
Investment bank KBW initiated coverage of Gemini Space Station (GEMI) with a market perform rating and a $27 price target, describing the crypto exchange as a well-rounded digital asset platform poised for long-term growth. Nevertheless, wrote analyst Bill Papanastasiou, Gemini for now remains unprofitable and discounted valuation to competitor...
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XRP Retail Sentiment Flips Bearish, Flashing a Contrarian Buy Signal
XRP is catching retail skepticism again in a gauge that has historically proven profitable for contrarian bets. Data from Santiment shows the token’s bullish-to-bearish commentary ratio slipped under 1.0 twice in the past three days — October 4th (0.74) and October 6th (0.86) — levels that historically line up...
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CoinDesk 20 Performance Update: Uniswap (UNI) Drops 3.3% as Index Trades Lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4380.87, down 1.1% (-49.75) since 4 p.m. ET on Monday. One of 20 assets is trading higher. Leaders: ETH (+0.2%) and BTC (-0.7%)....
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Bitcoin Life Insurer Meanwhile Raises $82M to Scale Savings, Retirement in BTC
Meanwhile, the first regulated life insurance company that operates entirely in bitcoin (BTC), said on Tuesday it has raised $82 million to scale its savings and retirement products that aim to protect against inflation and currency devaluation. The funding round was co-led by Bain Capital Crypto and Haun Ventures,...
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DCG Subsidiary Yuma Taps TradeBlock Founders to Lead Growth in Decentralized AI on Bittensor
Yuma, a subsidiary of Digital Currency Group (DCG) focused on decentralized artificial intelligence (AI), has appointed veteran crypto founders Greg Schvey and Jeff Schvey as its new Chief Operating Officer and Chief Technology Officer, respectively, the company said in a Tuesday press release. The hires mark a key expansion...
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KindlyMD Partners with Antalpha on $250M Bitcoin-Backed Financing Deal
KindlyMD (NAKA) announced a partnership with Antalpha to create a $250 million secured convertible debt facility. Through its subsidiary Nakomoto Holdings, KindlyMD will leverage Antalpha’s expertise in digital asset financing to create new treasury tool for bitcoin focused-companies, according to the announcement. The non-binding agreement outlines a five-year convertible...
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NYSE Parent ICE Stock Surges After Reported $2 Billion Polymarket Investment
Intercontinental Exchange Inc. (NYSE:ICE) rose 4% in premarket trading on Tuesday after reports said it will invest up to $2 billion in Polymarket, valuing the prediction market platform near $8 billion, according to WSJ. Polymarket Deal Sends Premarket Surge In premarket trading, ICE climbed to $165.01, up 3.7%, as...
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CEA Industries reveals $633M BNB holdings with plans to expand
CEA Industries’ focus on BNB could influence corporate treasury strategies, signaling a shift towards cryptocurrency as a primary reserve asset. The post CEA Industries reveals $633M BNB holdings with plans to expand appeared first on Crypto Briefing....
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