Artificial intelligence (AI) giant OpenAI is targeting an initial public offering (IPO) that could value the company at as much as $1 trillion, Reuters reported on Wednesday. The IPO could come as early as the second half of 2026, according to the report, citing three people familiar with the matter. OpenAI CFO Sarah Friar has […]
OpenAI Eyes Massive $1T IPO as Early as 2026: Reuters Read More »
Good morning, Asia. Here’s what’s making news in the markets: Welcome to the Asia Morning Briefing, a daily overview of top stories in US hours and an overview of market movements and analysis. For a detailed overview of US markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin is trading around $109,000 as Hong Kong begins its
Ethereum developers have officially penciled in the long-awaited Fusaka upgrade for December 3rd, following a decision made during the network’s bi-weekly coordination call on Thursday. The move starts the countdown to Ethereum’s second hard fork in 2025. The Fusaka upgrade’s headline feature is PeerDAS, one of 12 enhancements included in the release. PeerDAS allows validators
Ethereum developers lock Fusaka upgrade to December 3rd with PeerDAS rollout Read More »
Analysts on October 30 (UTC) pointed to long-term trend tests, crowd fears and a first support zone, while CoinDesk Research’s technical analysis data model showed heavier trading and a tight range near support. Analyst comments Altcoin Daily pointed out that it is common in bull markets for bitcoin to retest the 50-week moving average, placing
Altcoin Daily Says Bitcoin Could Fall to $103k, Godbole Sees First Support at $97K Read More »
The crash was accompanied by outsized volume, peaking at around 392.6 million tokens – nearly 400% of its daily average.
XRP Falls 8% as Fed Shock and Bitcoin Weakness Combine to Break $2.46 Floor Read More »
Strategy ( MSTR ), the largest corporate holder of bitcoin, reported net income of $2.8 billion, or EPS of $8.42, for the third quarter of 2025. Led by executive chairman Michael Saylor, the company continued to execute its aggressive bitcoin accumulation strategy. Due to the proceeds from common and preferred stock issuances, Strategy increased its
BTC’s Q3 surge boosts profits Read More »
Ether then slipped and bounced late as activity picked up and the trading range tightened, leaving nearby checkpoints in focus. ContextShares fell as the S&P 500 closed 0.99% at 6,822.34 and the Nasdaq Composite lost 1.57% at 23,581.14. The VIX rose to 17.22, up 1.77% on the day. The macro tone also remained cautious after
Ethereum (ETH) price under pressure from macro headwinds despite ‘Fuska’ upgrade news Read More »
Solana SUN$182.83 fell 8% Thursday, extending this week’s decline despite the long-awaited debut of the first spot-based Solana ETFs in the U.S. The drop below $180 has erased all year-to-date gains for the token and also leaves it down 4% for 2025. Making these numbers feel worse for SOL bulls, both BTC and ETH —
Falling despite Spot ETF launch Read More »
Wow AAVE$211.17the decentralized lender’s benchmark, showed sharp declines through Thursday, falling 8% to $208. Since Monday’s high of $248, the token fell over 16%. The DeFi bluechip token carved out consecutive lower highs and lower lows, establishing clear bearish momentum as peers advanced, CoinDesk Research’s market insight tool showed. Trading activity rose 40% above its
Falling 8% Amid Crypto Weakness Despite RWA DeFi Momentum Read More »
Coinbase (COIN) posted a stronger-than-expected third quarter, driven by an increase in trading activity, a rebound in asset prices and continued growth in its subscription and services business. The U.S. exchange reported total revenue of $1.9 billion, a 58% jump from $1.2 billion in the same period last year and higher than the $1.8 billion
Coinbase (COIN) Tops Expectations as Transaction Revenue Hits $1B Read More »
