Tom Lee’s Bitmine Adds $20M in Ethereum, Seizing on Vitalik’s ‘ETH Is Money’ Declaration
The firm’s stash reached 6.07 million ETH—4.97% of supply and 99% of the way to its “Alchemy of 5%” goal—as chairman Tom Lee called Vitalik Buterin’s “ETH is money” comments a “seismic shift.”
SpaceX (SPCX) Stock: Surges 5.65% as NASA Unveils $10 Billion Moon Base Contract Plan
TLDR SpaceX (SPCX) shares jumped 5.65% to $141.86 as NASA outlined lunar contracts. NASA’s $10 billion CLPS 2 framework invites eight firms to compete for Moon missions. SpaceX won a 2028 Starship mission to deploy communication satellites near the Moon.…
US Sanctions Eight Canadian Money Services Firms Over Iranian Crypto Transfer Allegations
The US Treasury has added eight Canada-based money services businesses to its sanctions list, alleging that they helped move value for the Iranian regime and sanctioned actors. The November 6 action explicitly focuses on exchanges between local…
Bitcoin ETFs See $1.3 Billion Weekly Outflows, Largest Since June
U.S. spot Bitcoin ETFs (exchange-traded funds) recorded $1.28 billion in net outflows last week, marking their largest weekly withdrawals since late June. The heavy redemptions pushed year-to-date net outflows for the funds to approximately $919 million,…
CoreWeave Stock Rebounds as Wayve Deal Tests Diversification
TLDR CoreWeave stock rebounded during Monday’s session following an earlier decline. CoreWeave announced a multi-year cloud computing agreement with autonomous-driving developer Wayve. Microsoft is reportedly winding down its Oracle AI cloud agreement…
Vitalik Buterin Makes the Case for Ethereum as a Store of Value
The Ethereum co-founder says privacy, censorship resistance, and self-custody matter more to long-term ETH holders than fee-burning targets.
Eighth-Largest U.S. Bank PNC Partners With Coinbase to Pilot USDC Payments for Corporate Clients
PNC Bank and Coinbase announced an expanded partnership on November 9 to pilot USDC payment acceptan...
Strive Reports Steady Common Shares as Bitcoin Holdings Climb
TLDR Strive acquired 29 Bitcoin for approximately $2.2 million between October 31 and November 6. The acquisition increased Strive’s total Bitcoin holdings to 43,153 BTC. Weekly Bitcoin purchases declined from 124 BTC to 29 BTC, a reduction of…
NVIDIA Corporation (NVDA) Stock: Plunge 5% Despite Major South Korea AI Partnership
TLDR NVIDIA stock plunges 5.09% to $177.14 despite a major South Korean AI deal. Rebellions will connect its R200 AI processors through NVIDIA’s NVLink Fusion. SK Telecom plans to deploy NVIDIA-linked systems in its Korean AI data centers. South Korea…
A Bitcoin block just neared a 2015 transaction record, but paid only $180 in fees
The AntPool block came within 984 transactions of Bitcoin’s 2015 record, even as fees made up less than 0.1% of the miner’s payout.