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10/12
23:03
Frasers Group Plc, owned by billionaire Mike Ashley, has increased its stake in British luxury brand Burberry Group Plc, potentially becoming Burberry's largest investor, Bloomberg Markets reported, in Ashley's latest bet on a rival.
23:02
DeFi Development (DFDV) added 22,070 SOL last week, increasing its total holdings to 2.59 million SOL. Meanwhile, its CHAD preferred stock hit record highs despite a broader market selloff.
23:01
Willem Middelkoop, founder of the Commodity Discovery Fund and author of The Big Reset, predicts Bitcoin will hit $1 million by 2030. He notes that while central banks are buying record amounts of gold, they avoid Bitcoin due to its uncontrollable nature. Middelkoop explains that institutional investors, including his own fund, are increasingly embracing Bitcoin through ETFs.
23:01
Democrats are injecting another $7 million into the Ohio Senate race, where the latest CNN/SSRS poll shows Sherrod Brown leading Jon Husted by 6 percentage points. Kalshi traders are pricing Brown at 59% and Husted at 41%. With ad spending projected to exceed $430 million, Ohio is becoming a major battleground in the Senate campaign.
22:39
Delta Air Lines announced it would postpone its direct flight service from Atlanta to Saudi Arabia until next year, following drone and cruise missile attacks detected in Saudi Arabia on Monday.
22:33
Investors have withdrawn from U.S. mortgage bond funds at historic levels over the past three weeks, marking one of the seven worst outflows since early 2021, as soaring interest rates prompted a flight from volatile assets, according to Bloomberg Markets.
22:30
Bitcoin briefly climbed above $84,000 on Monday after a weekend rally, but is approaching the $84,000-$85,000 investor acquisition cost cluster, which could face selling pressure. Ethereum also recovered above $2,500, but its $26.5 billion derivatives market shows large traders are reducing bullish exposure and face further liquidation risks.
22:19
DLA Piper is hiring three senior lawyers from Latham & Watkins to join its growing capital solutions business as it continues an aggressive push into the private credit market. The group will be led by Jesse Sheff, who spent 16 years at Latham and has advised asset managers including Apollo Global Management Inc. and BlackRock Inc. Seung-Ju Paik and Preeta Paragash are also joining the team.
22:15
USDGO, an OSL-branded stablecoin issued by Anchorage Digital Bank, has added trading liquidity to the Solana ecosystem through its integration with Jupiter Lend and Fluid. The stablecoin currently has about $1.29 billion in circulation, with plans to launch USDGO lending markets next.
22:14
Israeli academic and independent analyst Ori Goldberg passed away on Sunday at the age of 50. His family stated that he had a long battle with colon cancer. Goldberg was a regular contributor to Al Jazeera's website, with his commentary primarily focusing on Middle Eastern affairs.
22:12
The Ugandan Shilling (UGX) is under pressure from rising US yields and foreign investor sell-offs, as offshore investors reduce their exposure to Ugandan local currency bonds.
22:09
Goldman Sachs Group Inc.'s acquisition of boutique ETF provider Neos Investments will bring some of the hottest derivative-income funds under scrutiny. The deal tests how decades-old laws are applied to Wall Street's new generation of tax-optimizing strategies.
22:08
US Department of Justice officials announced the detention of Álvaro Pulido, 62, on Sunday, who was wanted for allegedly laundering over $2 billion in connection with Venezuelan government bribery schemes. Pulido was arrested during a Homeland Security Task Force operation, though details of his custody were not provided. He had been jailed in Venezuela since March 2023 on separate charges related to diverting profits from state-run oil company PDVSA. US prosecutors accuse Pulido and four co-defendants of bribing Venezuelan officials to secure contracts for food and medicine, then overcharging the government and laundering profits abroad. The US Drug Enforcement Administration and State Department had offered a $10 million reward for his arrest. Pulido is due to appear in court on Tuesday. This follows the recent guilty plea of Alex Saab, another Colombian businessman tied to the Venezuelan government, on money laundering charges.
22:03
Al Jazeera reported that a video shows an Israeli settler abusing livestock and allegedly poisoning goats in the village of Al-Mughayyir, northeast of Ramallah in the occupied West Bank. The animals reportedly belonged to Israelis, and the settler allegedly poisoned them to frame Palestinians.
21:59
Hardware wallet manufacturer OneKey has announced it is cutting ties with reseller CryptoBilis and offering free wallet replacements. This offer applies to all OneKey models purchased from CryptoBilis between March 1 and Oct. 12, including used devices. Buyers must apply by Dec. 31.
21:52
Iran's Revolutionary Guard Corps stated that a third supertanker was attacked and caught fire in the Strait of Hormuz within the past 48 hours. The Revolutionary Guard claimed the vessel ignored warnings and turned off its navigation system. Iran also warned that commercial vessels cooperating with U.S. forces would face a "decisive response." This attack report has not been independently verified.
21:52
Tom Lee, Chairman of Bitmine and founder of Fundstrat, noted that Ethereum outperformed the S&P 500 by 6,832 basis points in Q3, despite macroeconomic tightening, high bond yields, and Federal Reserve policies. He believes factors such as tokenization, wealth transfer, digital asset reserves absorbing crypto supply, and the correlation between crypto and AI could drive the next market cycle. Lee stated, "We believe this has the potential to be the biggest crypto bull market ever."
21:51
Microsoft announced on Monday that its next-generation Maia 300 chip, designed for AI inference tasks, will begin deployment in data centers next year, Bloomberg reported. Microsoft expects Maia 300 to process 40% more tokens per megawatt than mainstream GPU systems, aiming to boost AI inference efficiency and reduce operating costs. Unlike Google and Amazon, Microsoft currently has no plans to directly lease Maia chip computing power to external clients, prioritizing its own vast AI service demands.
21:44
Global smartphone shipments fell 20% in Q3, hitting their lowest third-quarter level since 2012, according to Counterpoint Research. AI data centers are absorbing memory chip supplies, driving up smartphone production costs and retail prices. Samsung leads with 23% market share, followed closely by Apple at 22%. Meanwhile, Xiaomi shipments plunged over 30%, as manufacturers prioritize margins over sales volumes.

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