Business

AI Miners Rebound as Record $38B Oracle Data Center Deal Boosts Sector

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Artificial Intelligence (AI) and High Performance Computer (HPC) mining stocks rise ahead of the market following news of the largest AI infrastructure funding ever, according to Bloomberg. Cipher Mining (CIFR) and IREN (IREN) are both up 7%, while Bitfarms (BITF) is up 12% as investors rotate back into AI-exposed assets after a recent correction. The […]

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Bitcoin (BTC), European stocks boom as Trump-Xi meeting confirmed

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Bitcoin BTC$110,970.32 traded above $111,000 on Friday morning in Europe, supported by news of a confirmed meeting between US President Donald Trump and Chinese President Xi Jinping. The two leaders will meet on October 30 on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in South Korea – the first face-to-face meeting since Trump

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BTC, XRP, ETH, SOL News: Measuring price volatility after inflation

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The crypto market, starved of fresh economic data due to the prolonged US government shutdown, will finally get a key data point with the release of September’s Consumer Price Index (CPI) on Friday. The inflation figure can trigger larger price fluctuations in ether ETH$3,968.74 than in bitcoin BTC$111,138.14a store of value asset. Overall, however, the

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DOGE Breaks $0.195 Level on Heavy Trade, Wyckoff Setup Points to Next Leg Higher

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Dogecoin pushes through critical technical barriers in a 2.4% rally as institutional flows lift trading activity 68% above daily averages, signaling controlled accumulation within a broader Wyckoff phase. News background DOGE climbed 2.4% during the 24-hour session ending Oct. 24 at 02:00, rising from $0.1911 to $0.1957, marking a clean breakout above the $0.1953 resistance

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Ledger unveils $179 Nano Gen5, built for identity in an AI-powered world

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Ledger, the French company known for its crypto hardware wallets, has launched a sweeping update to its product line, positioning itself for what it calls a new “ownership era.” The company unveiled Ledger Nano Gen5, a redesigned version of its signature device, along with Ledger Wallet, a redesigned version of its Ledger Live app, and

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After CZ’s pardon, the odds increase for Sam Bankman-Fried’s second chance

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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. Will Sam Bankman-Fried, the former CEO of FTX, be pardoned?

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Tokenized gold market rises to $3.9bn, CZ calls it a ‘Trust Me Bro’ asset

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Even as the price of gold retreats from an all-time high and stabilizes around $4,100 per ounce, tokens whose value is tied to the metal are gaining popularity in the crypto markets. But not everyone buys the premise. The total market capitalization of gold tokens has risen to $3.86 billion, driven by strong performance from

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Plasma (XPL) expands payment network to Europe with license, Amsterdam Office

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Plasma XPL$0.3552a blockchain company building stablecoin-focused networks announced a major expansion in Europe to offer regulated payment services. The firm said on Thursday that it had acquired a Virtual Asset Service Provider (VASP) licensed entity in Italy, allowing it to legally handle crypto transactions and custody assets in the region. As part of its EU

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