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9/29
22:40
America.gov, a new chatbot designed to help Americans navigate government websites, has launched, Chief Design Officer Joe Gebbia said on Tuesday. Its AI technology is powered by Google's Gemini and Elon Musk's Grok. Trump called the website "a restoration of America's founding promise" and "a reinvention of government for the 21st century and beyond."
22:39
The Essar Group, an Indian conglomerate with significant ties to Russia, is set to build a $15 billion steel megaplant in Iowa, announced by former US President Donald Trump. The project, expected to be the largest in the US, comes as Essar's former oil refinery (now Nayara Energy) is half-owned by sanctioned Russian gas major Rosneft and has supplied petroleum products to Russia amid the Ukraine war. Nayara Energy itself is under EU sanctions. The White House touts the project as an economic win, but critics highlight how it underscores the US's struggle to economically isolate Moscow, especially days after Trump signed a law empowering tariffs on countries buying Russian oil. The plant is expected to create 1,750 permanent jobs and 6,000 construction jobs, with first steel production in 2030 and an estimated $95 billion economic impact over its first decade.
22:26
Crypto trader 'SHIB Knight' notes that Shiba Inu's three-hour chart is compressing above a key support level. A breakout above the descending trendline could open the door for a 26% move, targeting $0.00000720 to $0.00000730. SHIB was up 3.17% in the last 24 hours to $0.00000589. This comes as Glassnode and CryptoQuant data indicate spot traders are increasingly turning to altcoins, with total spot volume for altcoins nearly four times that of Bitcoin, the highest since September 2025.
22:24
Jeeves Inc., a Miami-based fintech company, announced it has raised $110 million from investors including A16z and Coinbase. The funding will be used to expand its product offerings, which include a stablecoin wallet, artificial-intelligence agents, and enabling instant payouts in more countries.
22:18
According to a Hong Kong government statement, Twin City Holdings Limited failed to properly record transactions related to The Vertex residential project, including failing to disclose details of sales payment terms such as price discounts and other financial incentives. These violations involved transactions for 11 residential properties within the complex, where Twin City failed to enter the required payment details into the project's transaction register within 24 hours of the execution of preliminary agreements. The company faced 11 charges and was fined a total of HK$770,000 (approximately US$98,100).
22:15
Institutional market maker Wintermute's analysts state that despite the altcoin index rising 5.0% in week 39, outpacing Bitcoin's 4.1% gain, retail investors' optimism is premature. The outlook for XRP and other altcoins now depends on whether Bitcoin can hold its newly gained ground after its first weekly close above its 50-week moving average since last November. Wintermute cautions that if Bitcoin fails to hold the $82,500 level, altcoin rallies could stall. The firm expects this level to be retested multiple times.
22:15
On September 29, Bitcoin ETFs recorded a net inflow of 511 BTC (+$42.99 million), with a 7-day net inflow of 15,196 BTC (+$1.28 billion). Ethereum ETFs saw a 1-day net inflow of 5,648 ETH (+$15.37 million) and a 7-day net inflow of 168,733 ETH (+$459.29 million).
22:14
The Trump administration's push for a mineral strategy to reduce reliance on China has led U.S. investment firm Cove Capital to shift its focus to Central Asia. The investment firm is now looking at opportunities in Central Asia and the Caucasus region, beyond Kazakhstan's tungsten resources, in response to the Trump administration's efforts to reduce dependence on China for critical minerals.
22:12
The deal is part of Nidec's restructuring efforts and follows its expected booking of several hundred billion yen in impairment losses related to its electric vehicles business and accounting irregularities, Nikkei reported on Tuesday.
22:11
TD Cowen initiates SpaceX with a Buy rating and $200 price target, forecasting its AI compute leasing to be the largest business by Q1 2027 with revenue reaching $133 billion by 2028. The firm expects AI compute leasing to become SpaceX’s largest business by Q1 2027, forecasting revenue of $14 billion in 2026, $66 billion in 2027 and $133 billion in 2028. TD Cowen also projects 107 million Starlink subscribers and nearly 1,000 annual launches by 2031.
22:11
The government-backed app uses self-custodial wallets and charges a $2 cross-border processing fee, which is separate from funding and cash-withdrawal charges.
22:10
Futures markets indicate a 70.3% chance of another quarter-point Fed rate increase, up from 55.4% a week ago and 17.7% a month ago, according to CME's FedWatch tool. This comes ahead of upcoming US economic data, including August core PCE (landing on Wednesday) and the third estimate of second-quarter GDP, as well as Friday's September jobs report.
22:10
Spot Bitcoin ETFs have recorded inflows for eight consecutive sessions, totaling approximately $3 billion. On Monday, net inflows were $31.07 million, with BlackRock's IBIT and Grayscale's mini trust seeing significant contributions. The funds now hold $107.82 billion, representing 6.42% of Bitcoin's market capitalization. Separately, Bitcoin treasury firm Strategy purchased 1,665 BTC for about $142.7 million between September 21 and 27, increasing its holdings to a record 847,666 BTC.
22:02
★★★★★Previous 89.4PointsForecast 89.2PointsActual 81.9Points Below forecast↓
22:02
★★★★★Previous 7.27MForecast 7.23MActual 7.08M Below forecast↓
22:01
House Oversight Committee Chair James Comer, R-Ky., announced an expanded investigation into insider trading on prediction markets. He requested documents and information from the CEOs of Hyperliquid Labs, Crypto.com and Aristotle Exchange Inc., which owns the platform PredictIt, regarding their identity verification procedures and how they prevent insider trading. Comer stated that some bad actors have exploited these platforms using nonpublic information, citing a substantial leveraged short position on Hyperliquid minutes before a presidential tariff policy announcement in October 2025 that was not publicly known.
21:58
US municipal debt is poised for its worst monthly performance in nearly 40 years, amid a global bond market shakeout driven by rising Iran tensions and persistent inflation concerns.
21:55
Investment bank Piper Sandler is reportedly in talks to acquire advisory firm Perella Weinberg Partners, which has a market capitalization of approximately $1.4 billion, according to sources familiar with the matter. Piper Sandler, with a market cap of about $5 billion, could finalize the deal soon, though discussions could still fall apart.
21:54
Paramount Skydance Corp. has kicked off its long-awaited investment-grade bond sale, the largest portion of a syndicated $52 billion debt package for its acquisition of Warner Bros. Discovery Inc.
21:52
U.S. regular gasoline prices fell 1.3 cents over the week to $4.465/gallon, though prices remain $1.347 higher than a year ago. Diesel saw a much larger decline, falling 14.7 cents to $6.382/gallon, but remains $2.628 above last year. The biggest weekly drops were in the Midwest for gasoline (-9.5 cents) and Gulf Coast for diesel (-22.2 cents).
21:44
UK politician Andy Burnham stated that his government would repeal legislation restricting public ownership of water companies in England and Wales, paving the way for the state to strengthen its control over the struggling industry.
21:43
Cboe Global Markets announced a 25-year extension of its exclusive licensing agreement with S&P Dow Jones Indices, now running until 2051. Under the agreement, Cboe will retain exclusive rights to offer trading in its flagship S&P 500 Index (SPX) options. The two companies will also explore new products beyond traditional index derivatives, including tokenized options contracts. SPX options reached a record 970.6 million contracts in 2023, with an average daily volume of 3.9 million contracts, a 25% increase year-over-year. Specific tokenized options products or a launch timeline have not yet been announced.

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