Day: December 2, 2025

Singularity Compute launches first enterprise-grade NVIDIA GPU cluster in Sweden

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Key Takeaways Singularity Compute has launched its first enterprise-grade NVIDIA GPU cluster in Sweden, supporting AI workloads for enterprises and the ASI Alliance. The cluster underpins the ASI:Cloud inference platform and is operated with partners including CUDO and CUDOS, enabling scalable AI for decentralized ecosystems. Share this article Singularity Compute has unveiled the first phase of its enterprise-grade GPU cluster in Sweden, created with Conapto to support decentralized AI and the Artificial Superintelligence (ASI) Alliance, according to a Tuesday announcement. The deployment powers the ASI:Cloud inference service, built with CUDOS,…

Here’s What To Expect If The XRP Price Holds $2

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The XRP price has spent the past several days in a fragile position after falling from $2.20 and retesting $2, which has now become the most closely watched level on its price chart. The weekly candle has managed to close slightly green for the first time in more than a month, yet the rebound has not erased the weakness created by the recent sell-off.  The latest technical analysis from Guy on the Earth focuses on this exact moment, noting that XRP’s entire structure now depends on whether this $2 zone…

BlackRock’s spot Bitcoin ETF sees over $1.8B volume in first two hours

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Key Takeaways BlackRock’s iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF, saw over $1.8 billion in volume within its first two trading hours. This high trading volume signals strong investor and institutional interest in crypto ETFs and Bitcoin investment products. Share this article BlackRock’s iShares Bitcoin Trust (IBIT), an exchange-traded product that tracks Bitcoin’s price performance, recorded over $1.8 billion in trading volume during its first two hours of today’s session. The significant trading activity reflects heightened investor engagement with crypto ETFs as institutional interest in Bitcoin investments continues despite…

SEC chair talks up crypto’ innovation exemption’ in 2026

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Paul Atkins, chair of the US Securities and Exchange Commission, said that the agency can continue advancing digital asset regulation without legislation from Congress, signaling his expectations for the industry in 2026. In a CNBC interview released on Tuesday, Atkins said the SEC was providing “technical assistance” as Congress considered legislation for digital asset regulation, likely referring to the market structure bill working its way through the US Senate. Atkins said that although the agency’s operations were impacted by the longest US government shutdown in the country’s history, he continued…

Over $300M in Shorts Liquidated as Bitcoin Surges Past $91K

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BTC is on track for its biggest daily gain in months. The enhanced volatility in the cryptocurrency markets has returned in full force at the start of December, but in the right direction now. After yesterday’s crash to under $84,000, the market leader went on a tear and surged past $91,000 minutes ago. The analysts from the Kobeissi Letter said the asset is on its way to paint its biggest daily increase since May this year. They doubled down on their belief that these price swings are mechanical and…

XRP Price About $1,000 Is A Necessity, Analyst Claims

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A recent XRP price analysis from a prominent supporter has placed the cryptocurrency’s long-term value in the four-figure range. Although XRP is currently trading around $2, the analyst believes a rise to $1,000 is necessary for the altcoin. His outlook stems from the cryptocurrency’s underlying utility rather than speculation, emphasizing how global liquidity systems could drive prices upward through massive settlement volumes.  Why The XRP Price Needs To Climb To $1,000 Crypto analyst @unkownDLT has shared a rather ambitious price forecast for XRP this week. The analyst claims that the…

‘Big Short’ Michael Burry says Bitcoin worse than tulip bubble

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Key Takeaways Michael Burry compared Bitcoin to the historical tulip bubble, calling it overvalued and hype-driven. Burry warned that Bitcoin poses greater risks than opportunities and enables criminal activity. Share this article Investor Michael Burry, best known for predicting the 2008 financial crisis, criticized Bitcoin on a podcast, comparing it to the historical tulip bubble and expressing skepticism about its valuation and utility. “It’s not worth anything. Everybody’s accepted it. It’s the tulip bulb of our time,” Burry said. “It’s worse than a tulip bulb, because this has enabled so…

Uniswap Labs integrates Revolut for seamless crypto purchases

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Key Takeaways Uniswap Labs now allows users to purchase cryptocurrencies directly via Revolut through its web and mobile applications. Users in supported regions can use their Revolut balances or debit cards to buy digital assets such as ETH and USDC on Uniswap. Share this article Uniswap Labs integrated Revolut to enable direct crypto purchases through both its mobile wallet and web application. The integration allows users in supported countries to buy digital assets using their Revolut balances or debit cards. The partnership streamlines the process of purchasing crypto assets like…

Inside Strategy’s Bitcoin Plan — And What Could Trigger a Future Sale

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Key takeaways Strategy is the largest corporate Bitcoin holder, with roughly 650,000 BTC on its balance sheet. The company’s model hinges on raising capital and converting it into BTC while keeping its market-cap-to-Bitcoin value (mNAV) above 1. CEO Phong Le has described any Bitcoin sale as a “last resort” option that would be considered only if mNAV drops below 1 and access to new capital meaningfully deteriorates. Even if Strategy chooses to sell a portion of its holdings, Bitcoin trades in a market with tens of billions in daily volume,…

Sonnet shareholders approve Hyperliquid merger to launch HYPE-focused crypto treasury

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Key Takeaways Sonnet BioTherapeutics shareholders have approved a merger, pivoting the company to a crypto treasury strategy focused on the HYPE token. The newly combined entity, Hyperliquid Strategies Inc (HSI), will hold $888 million in assets and become one of the largest holders of HYPE. Share this article Sonnet BioTherapeutics Holdings Inc has received shareholder approval for its proposed business combination with Hyperliquid Strategies Inc and Rorschach I LLC. The deal paves the way for the launch of the first digital asset treasury focused on HYPE, the native token of…