Financial news

Live updates: Bitcoin rebounds above $84,000 as ETFs draw in $30 million

Ether led a modest recovery among major tokens, while ZEC extended its slide and its U.S. fund posted the only outflow among crypto ETFs on Monday.

• Bitcoin
• Ethereum
• Zcash

Blockchain.com targets $500 million IPO this year at up to $6 billion valuation

The London-based crypto services company confidentially filed for an initial public offering with the Securities and Exchange Commission earlier this year.

Trump’s municipal bond portfolio reaches as much as $1 billion as policy overlaps mount

President Donald Trump disclosed municipal bond holdings worth $300 million to $1 billion, including debt tied to issuers affected by federal policy.

Greece gets first MiCA entrants as watchdog denies Binance-Lagarde claim

Greece joined the EU MiCA register with four providers as HCMC expanded its denial of remarks attributed to officials in a report on Binance.

Bitcoin is on track to shatter a major decade-long streak as September gains surge

Bitcoin is on track for a third straight monthly gain, but higher yields, oil prices and two major November events could test its Q4 momentum.

• Bitcoin

Novo Nordisk strikes second licensing deal since frosty capital-markets day

Novo Nordisk on Tuesday struck its second licensing deal since receiving a poor reception from investors after presenting its long-term strategy.

Coinbase Now Owns Every Layer of Its Derivatives Stack After CFTC Approval

Coinbase Clearing will take USDC as collateral and settle around the clock, though margined products stay with partners.

• COIN
• Usd Coin

Here’s where TSMC is reportedly eyeing a second U.S. site for a chip-making hub

Taiwan Semiconductor Manufacturing Co., the Taiwanese contract chipmaker that makes semiconductors for Nvidia among others, is reportedly eyeing a second site in the U.S.

• NVDA
• TSM

‘I have a low interest rate’: I’m 80 years old. Should I move out of my house because of dangerous stairs?

“I could rent the property and generate $800 a month in positive cash flow.”

Two-thirds of the revenue needed to justify the AI buildout are still unaccounted for, says major consulting firm

At least about $4.2 trillion of the estimated yearly costs needed to fund the artificial-intelligence buildout is currently not being covered, according to the consulting firm.

Analysts see 10-year Treasury yield hitting 6%. Bitcoin bulls shouldn't panic

Why yields are rising matters more for bitcoin than how high they go.

• Bitcoin

Celebrity couple Jenny McCarthy and Donnie Wahlberg are selling $2.8 million Illinois home

Singer Donnie Wahlberg and actress Jenny McCarthy have owned the St. Charles residence for more than a decade, having purchased it for $1.1 million in 2015.

Kris Jenner delists $13.5 million home that was featured in ‘Keeping Up With the Kardashians’

Kardashian matriarch Kris Jenner has once again removed her Hidden Hills, Calif., mansion from the market—after wavering over the sale.

A month ago, this JPMorgan team urged caution on stocks. Now it’s going all in on tech.

A JPMorgan unit that focuses on short-term trading signals has turned bullish again after a month of caution.

• JPM

BitMine could hit its 5% Ether supply target within weeks — then what?

BitMine could reach 5% of Ether’s supply by early November, while Tom Lee has left open whether it would continue buying beyond that level.

• Ethereum

Putin orders army expansion as Zelenskyy warns Russia preparing to deploy 10,000 North Korean troops

The decree marks the fourth increase in Russia’s military staffing levels this year as the war in Ukraine continues into a fifth winter.

Anthropic warns investors of AI’s 'existential risk to humanity' in IPO prospectus, reports say

Anthropic's IPO filing dedicates 80 pages to the risks of AI, nearly double the 48 pages it spends discussing its business plans, according to Reuters.

Mistral CEO says U.S. AI safety debate masks competitors’ 'negligence'

Mistral CEO Arthur Mensch criticized rivals’ AI safety arguments as the industry faces scrutiny after several AI agents took unauthorized actions.

ECB amends monetary policy implementation guidelines as part of regular review

Luckin Coffee weighs entry into Middle East markets, chairman tells CNBC

Luckin is weighing a push into Middle East markets while deepening its foothold in Southeast Asia, with backing from sovereign wealth funds in both regions.