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10/6
05:08
NEAR Protocol (NEAR) surged 6.03% in the past 4 hours, currently trading at $5.290.
05:02
Myanmar's property market booms, with prices soaring fourfold since 2021
The World Bank estimates residential property prices in Myanmar have risen fourfold since the military seized power in 2021, driven by regime policies and inflation. Authorities have begun taking measures to rein in these increases.
04:57
US credit spreads eased on Oct 2 after widening beyond weakest borrowers
US corporate credit spreads, which had widened from September 25 to October 1, showed signs of easing on October 2. During the widening period, the ICE BofA CCC credit spread climbed 87 basis points from 11.28% to 12.15%, the broad high-yield spread rose 31 basis points from 2.93% to 3.24%, and the investment-grade corporate spread increased 5 basis points from 0.81% to 0.86%. On October 2, these spreads eased to 12.02% (CCC), 3.10% (high-yield), and 0.85% (investment-grade) respectively. CryptoSlate noted that while tighter financing could potentially pressure Bitcoin by increasing capital costs and reducing institutional risk-taking, the current spread widening does not yet establish Bitcoin selling or systemic stress.
04:57
Al Jazeera: Israeli Army Kills One, Wounds Several in Occupied West Bank
Al Jazeera reported that Israeli forces killed at least one person and injured several others in violence in the occupied West Bank. According to Palestinian officials, Israeli forces opened fire on a vehicle carrying three Palestinians near Bani Na'im, east of Hebron, on Monday, killing one and seriously injuring two. The Israeli military stated that the vehicle had rammed one of its military vehicles. Since October 2023, at least 14,742 attacks have occurred in the West Bank, resulting in the deaths of 66 Palestinians.
04:53
FinCEN withdraws proposed crypto mixing and unhosted wallet rules over 'legitimate activity' concerns, citing Trump Administration's deregulatory agenda
04:48
XRP Ledger Smart Custody Devnet Releases Ninth Version, Boosting Performance by 30-50%
XRP Ledger (XRPL) developers have deployed the ninth version of the Smart Escrow Devnet, which RippleX Senior Software Engineer Mayukha Vadari called "a big step towards release." This update fully migrates the WebAssembly virtual machine integration from C++ to Rust, resulting in a 30% to 50% performance improvement. Smart Escrow aims to add more complex release conditions to escrows through small WebAssembly programs, supporting use cases such as notary approvals, compliant holdings, real estate transactions, and auctions.
04:47
4chan anonymous user's prediction of Bitcoin's "crypto winter" end date came true, with Bitcoin price breaking above $86,000 today.
An anonymous 4chan user accurately predicted in 2023 that Bitcoin would peak at over $126,000 on October 6, 2025. The prediction also stated that it would take 364 days from peak to trough, meaning October 5, 2026 (today) would be the bottom of Bitcoin's "crypto winter." Today, Bitcoin's price has surpassed $86,000, up approximately 2% intraday. Market analysis suggests that the significantly below expectations U.S. September non-farm payroll data may prompt the Federal Reserve to maintain current interest rates, thereby benefiting risk assets such as Bitcoin.
04:46
CFTC Staff Paves Fast Track for Stock Index Perpetual Contract Conversion
The U.S. Commodity Futures Trading Commission (CFTC) staff has opened a fast track for the conversion of stock-index perpetual contracts. Under the rules, exchanges must provide holders with five calendar days' notice and an opportunity to exit, while other key contract terms remain unchanged.
04:37
House Democrat Don Davis introduces bill to ban federal candidates from trading on own election prediction markets
The "No Betting on Your Own Race Act" seeks to formalize existing platform rules, imposing a fine of $10,000 or three times the net financial gain for violations. This follows his Republican opponent Laurie Buckhout settling with Kalshi for nearly $2,600 for similar trades.
04:31
Federal Reserve Board approves Isabella Bank Corporation's acquisition of Grand River Commerce, Inc.
04:28
U.S. Stocks Rise as AI Bets Offset Bond Yield Fears
U.S. stocks rose as optimism about the artificial-intelligence boom offset a rise in bond yields around the world.
04:28
JPMorgan pitches 11% yield on Volta's $5 billion AI loan sale
The leveraged-loan sale, on behalf of Volta Infrastructure Holdings Ltd., offers one of the highest borrowing costs seen in the market for risky debt that has become popular for financing the AI boom.
04:17
SpaceX shares climb to highest since June, Musk rejoins trillionaire ranks
SpaceX shares rose nearly 8% on Monday, reaching their highest level since mid-June, pushing Musk back to trillionaire status. Morgan Stanley analysts called SpaceX stock "cheap," highlighting future AI product launches, Starship progress, and new cloud contracts. Analysts also recommended buying the stock before Starship's next test flight and Q3 earnings release, with a target price of $300, representing approximately 75% upside from Monday's closing price of $171.09. SpaceX's AI business also boosted its stock price; the company expanded its AI operations through the acquisitions of xAI and Cursor and leases hashrate to companies like Google and Anthropic. Additionally, the Pentagon appointed Musk as co-lead of Project Meridian, an initiative aimed at identifying weapons, technologies, and military capabilities the U.S. may need for future wars.
04:17
Lucid, the US electric vehicle manufacturer, reported a 6.7% year-over-year decrease in Q3 deliveries, with production cutbacks to align with slowing demand.
Lucid, the U.S. electric vehicle manufacturer, reported a 6.7% year-over-year decrease in Q3 deliveries, with production cut to align with slowing demand. The company delivered 3,806 EVs and produced 2,954 in the third quarter, compared to 4,078 deliveries and 3,891 units produced in the same period last year. Lucid stated the move was to better align with slowing customer demand.
04:10
Trump says 'threat' led US to pull bombers from RAF Fairford
US President Donald Trump stated on Monday that the United States moved its B-1 bombers from RAF Fairford in England due to "some threats" to the base. The Pentagon had confirmed on Sunday the removal of the bombers back to America. Trump added that Washington "actually knows the people that made the threat," but did not confirm their identity.
04:10
U.S. Secretary of State Rubio said the United States is closely monitoring the death of a technician at Russia's Siberian Plague Research Center.
U.S. Secretary of State Rubio stated that the United States is closely monitoring the death of a technician at a Russian Siberian plague research center and is concerned that the incident could lead to the spread of pneumonic plague, but there is no need for panic at present. The governor of Russia's Irkutsk Oblast said that the deceased had been tested, and no work-related microbial transmission was found, nor had any other staff members shown symptoms. The Kremlin urged the public not to believe rumors and to rely on official statements from Russia's consumer health watchdog.
04:02
Suzuki launched its new electric mini-vehicle e-Sky in Japan, priced at 2.12 million yen (approximately $13,400), making it the cheapest model in its class, undercutting BYD Racco.
04:02
Mitsui Fudosan to Build Data Center in Abandoned Tunnel in Kobe
Japanese real estate developer Mitsui Fudosan will construct a data center inside the abandoned Suma Belt Conveyor tunnel in Kobe City, aiming to utilize idle infrastructure and address challenges faced by above-ground data center construction. The location is considered advantageous due to its low temperatures and strong resistance to natural disasters.
04:00
Payments Infrastructure Firm Modern Treasury Seeks US Trust Bank Charter for Stablecoin Custody and Related Fiat Services Through Limited-Purpose National Trust Bank
04:00
Aave Activates LlamaRisk Agents for Pendle Collateral on Plasma, enabling adjustment of pricing and borrowing parameters for $36.72M principal token
03:59
Mexican President Sheinbaum has requested evidence from the United States regarding border shootings, following the US deployment of 500 soldiers to the border.
Mexican President Claudia Sheinbaum said on Monday that Mexico has requested evidence from the United States regarding a border shooting incident that prompted the U.S. to deploy approximately 500 soldiers to the border. Sheinbaum explained at her daily press conference that the U.S. reported "shots fired from the Mexican border," but Mexico's National Guard, Army, and Navy found no signs of any firing from Mexican territory into the U.S. She also expressed concern about U.S. officials overstepping in terms of security cooperation.
03:58
SpaceX rose 7.6% today, now trading at $171.040.
03:45
Stablecoin Development Corp's stock price surged tenfold in a few weeks, with its market capitalization briefly reaching $500 million, and the company stated it was unaware of the reason.
Shares of Stablecoin Development Corp surged tenfold in a few weeks, with its market capitalization briefly increasing from approximately $50 million to $500 million. Today, the stock price reached $10 before falling to $4.5. The company's primary business is earning interest through USDS. Tether is its main investor and holds warrants that will become exercisable in mid-October. Stablecoin Development Corp has filed with the U.S. Securities and Exchange Commission (SEC), stating it is unaware of the reasons for the unusual stock price increase and "does not believe that corrective action is appropriate."
03:44
U.S. Bitcoin ETFs saw net inflows of $241 million last week, marking the third consecutive week of inflows.
US Bitcoin ETFs saw net inflows of $241 million last week, marking the third consecutive week of inflows and helping Bitcoin prices maintain their upward trend at the start of "Uptober," Bitcoin Magazine reported. BlackRock's iShares Bitcoin Trust alone attracted over $450 million in capital.
03:37
Trump Rejects New York Times Report on Ohio Rally Attendance
Donald Trump posted on Truth Social, refuting The New York Times' report that his Ohio rally was "not full." He stated that the rally venue was actually packed, with thousands unable to enter, and people in the upper sections typically move down to the main floor, so there were no empty seats. Trump accused The New York Times of inaccurate reporting and claimed his rallies are more popular than ever.
03:36
NVIDIA-backed Reflection AI releases Beam model with 501 billion parameters, claiming significantly lower inference computation costs than Chinese competitor GLM-5.2.
NVIDIA-backed Reflection AI has officially released its first open-weight AI model, Beam. The company stated that Beam's performance in advanced reasoning benchmarks is comparable to China's leading open model, GLM-5.2, but with a 3-4x reduction in inference computational cost. Beam is a model with 501 billion parameters, of which 23 billion are active parameters, pre-trained on 23.8 trillion tokens of data, and has a context window of 1 million tokens. Reflection AI has raised approximately $4.7 billion from investors including NVIDIA and Sequoia Capital, with the company valued at $25 billion. Beam's weights and full technical details are expected to be released this month.
03:35
OpenAI Sued for Trademark Infringement by AI Company TradeSun Over GPT-6 Astra Model Name
OpenAI is being sued for trademark infringement by AI software company TradeSun over the name of its GPT-6 Astra model. TradeSun accuses OpenAI of unauthorized use of its registered "Astra" trademark, constituting "reverse confusion," and is seeking a court order for OpenAI to remove the product name and pay damages.

TradeSun filed the lawsuit on Monday in the U.S. District Court for the Northern District of California, stating it has been selling AI software products under the Astra brand since 2021 and obtained federal trademark registration in 2022. An OpenAI spokesperson responded that the complaint is "without merit." This case is the latest trademark lawsuit OpenAI faces in the same court, following previous legal disputes over the "cameo" name for its Sora video generation tool and the "io" brand for its AI devices.
03:32
Banks Kick Off €4.7 Billion-Equivalent ($5.3 Billion) Leveraged-Loan Deal for Bain Capital's Acquisition of a Controlling Stake in Volkswagen's Heavy Diesel-Engine Unit
03:31
Fairshake plans $1 million in support for each of six U.S. House incumbents
Fairshake and its affiliates plan $1 million in support for each of six House incumbents: Republicans French Hill, Bill Huizenga and Bryan Steil, and Democrats Steven Horsford, Derek Tran and Janelle Bynum. The spending is for independent advertising rather than direct contributions to the campaigns. The six are part of its latest list of 32 incumbents, comprising 19 Republicans and 13 Democrats.
03:24
Oracle's credit default swap spreads are widening amid market concerns over its debt-fueled AI ambitions.
Oracle's extensive borrowing to support AI infrastructure development has pushed its credit default swap spreads near historical highs, reflecting growing market concerns, according to data cited by Bloomberg. Oracle founder Larry Ellison's net worth has shrunk by $196 billion.

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