Day: November 7, 2025

Intel shares rise after Elon Musk mentions possible chip partnership

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Key Takeaways Intel shares increased by 2.3% after Elon Musk said Tesla was open to partnering with the semiconductor manufacturer on future chip production. Tesla is developing AI chips and is exploring manufacturing partnerships to bolster its self-driving technology. Share this article Intel shares climbed 2.3% in early trading Friday after Elon Musk, CEO of Tesla, said at the company’s annual meeting that he was open to talks with the semiconductor giant about potential chip production partnerships. Even if Tesla’s current suppliers (TSMC and Samsung) are able to meet the…

AI Trading Bots Are Trending — Experts Break Down How It Works

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AI-powered trading bots are rapidly gaining attention across crypto markets, sparking both excitement and unease among traders hoping to automate their strategies. But industry experts say most people still misunderstand what these bots can and cannot do and why specialized trading AIs behave very differently from general-purpose tools like ChatGPT. This week’s episode of Byte-Sized Insight dives into the rise of AI trading tools, the hype behind them and the risks investors should consider before trusting automated systems with their capital. Beating the market  Brett Singer, sales and research lead…

Polymarket volume inflated by ‘artificial’ activity: Columbia researchers

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Key Takeaways Columbia University researchers found that trading volume on Polymarket is artificially inflated due to wash trading. Wash trading involves traders buying and selling the same contracts repeatedly to create fake volume. Share this article Columbia University researchers found that Polymarket, a blockchain-based prediction market platform, exhibited inflated trading volume due to artificial activity, Bloomberg reported today. The study attributed the artificial activity to wash trading, where traders repeatedly buy and sell the same contracts to boost apparent volume. Researchers noted that this artificial trading was more prevalent in…

Bitcoin Grills $100,000, But a Higher Low is on the Cards

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Key points: Bitcoin liquidity games continue as pressure mounts on $100,000 support. Signs of price forming a higher low combine with RSI strength slowly increasing. A Bitcoin “bottoming phase” is now in progress, new research says. Bitcoin (BTC) threatened $100,000 support again Friday as bulls hoped for a higher low. BTC/USD four-hour chart. Source: Cointelegraph/TradingView BTC price falls victim to “liquidity herding game” Data from Cointelegraph Markets Pro and TradingView showed BTC price action retreating to near $99,000 around the Wall Street open. After failing to secure a major relief…

Eric Trump’s American Bitcoin now holds over 4,000 Bitcoin after acquiring 139 more

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Key Takeaways American Bitcoin Corp. now holds 4,004 Bitcoin after acquiring 139 more since October 24. The company’s Satoshis Per Share metric increased by 3.4% in 12 days, reaching 432 as of November 5. Share this article Nasdaq-listed American Bitcoin, co-owned by President Trump’s sons, continues to scale its Bitcoin accumulation strategy, raising its holdings to 4,004 BTC after acquiring 139 more since October 24, according to a Friday announcement. The holdings, as of November 5, include Bitcoin acquired through mining and strategic purchases, as well as Bitcoin held in…

Evernorth’s XRP stake sheds $95 million amid market weakness

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Key Takeaways Evernorth’s XRP holdings declined by $95 million in value over 2.5 weeks. The firm’s initial purchase of 389 million XRP now shows an unrealized loss amid market weakness. Share this article Evernorth Holdings, an XRP-centric treasury entity with strong connections to Ripple executives, has seen nearly $100 million wiped off the value of its XRP portfolio since the firm began accumulating the digital asset in late October. According to CryptoQuant’s analysis, the Ripple-backed firm purchased around 389 million XRP for roughly $947 million. With XRP trading at over…

Commonware secures $25M raise in round led by Stripe-backed Tempo: Fortune

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Key Takeaways Commonware, a crypto infrastructure startup, secured $25M in funding. The round was led by Tempo, which is backed by Stripe and focuses on stablecoin settlement. Share this article Commonware, a crypto infrastructure firm building tools for decentralized finance applications, secured $25 million in a funding round led by Tempo, a blockchain startup focused on developing stablecoin settlement infrastructure. The investment reflects growing interest in specialized blockchain infrastructure as established fintech companies expand into crypto assets. Stripe, a payments company expanding into blockchain through backing emerging crypto startups, has…

Strategy upsizes euro STRE stock offering to $717 million to buy more Bitcoin

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Key Takeaways Strategy increased its Stream perpetual preferred stock offering to €620 million. Proceeds from the offering will support general corporate purposes, including the acquisition of Bitcoin. Share this article Strategy, a Nasdaq-listed company focused on leveraging financial instruments to expand its Bitcoin holdings, has upsized its Stream perpetual preferred stock (STRE) offering to €620 million, equivalent to around $717 million. The euro-denominated preferred stock instrument supports Strategy’s corporate operations and crypto acquisitions. The company recently announced plans to allocate proceeds from this offering toward general corporate purposes, including Bitcoin…

Zcash surpasses Hyperliquid in market capitalization

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Key Takeaways Zcash, a privacy-focused cryptocurrency, has surpassed Hype in terms of market capitalization. This event marks a notable reordering within the privacy coin sector, with Zcash gaining increased momentum. Share this article Zcash, a privacy-focused cryptocurrency, has surpassed Hype in market capitalization following a 358% price surge over the past month. The milestone signals a reordering in the privacy-coin landscape, with Zcash gaining momentum through its optional-privacy features and cross-chain utility capabilities. Recent developments have sparked renewed interest in privacy coins despite broader market weakness. Zcash’s rise represents a…

Tether adds 9,850 Bitcoin to reserves over the past month

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Key Takeaways Tether has increased its Bitcoin reserve by 9,850 Bitcoin over the past month. On Thursday, over $97 million in Bitcoin was sent to Tether’s reserve wallet. Share this article Tether, the issuer of the USDT stablecoin, has added 9,850 Bitcoin to its reserve since late September, according to Arkham Intelligence data. The company has been transferring Bitcoin from Bitfinex to its official reserve addresses to strengthen the backing of its stablecoin operations. On November 6, over $97 million was transferred from Bitfinex’s wallet to Tether’s Bitcoin reserve wallet.…