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US Q3 GDP Surges Beyond Expectations; Bitcoin (BTC) Falls Despite Strong Growth
The U.S. economy surprised many experts in the third quarter, as the Bureau of Economic Analysis (BEA) reported that GDP grew by 4.3% from July to September. This was much higher than the expected 3.2% growth. The news made stock... -
Security Flaw in Trust Wallet Drains Over $6M From Users
Trust Wallet has confirmed a security flaw in version 2.68 of its browser extension. Attackers used this flaw to drain over $6 million from user wallets. The stolen assets were taken from several blockchains, including Bitcoin, Solana, and EVM-compatible networks.... -
Report: 2025 Crypto M&A Hits $8.6B Record on Regulatory Confidence
The crypto industry completed $8.6 billion worth of deals in 2025, led mostly by mergers and acquisitions, the Financial Times reported on December 24. Renewed confidence under President Trump helped crypto businesses create a more supportive environment to operate in. ... -
Intel Stock Falls On Reports of Nvidia Halting 18A Chip Test
Intel stock (NYSE: INTC) is trading lower in US price action today, following reports that Nvidia has halted its evaluation of Intel’s most advanced chipmaking technology, the 18A process node. The news, first reported by Reuters, represents a major technical... -
Matador Technologies Secures Approval for $58M Capital Raise to Expand Bitcoin Treasury
Matador Technologies, a publicly traded Bitcoin ecosystem company, has received approval for a short-term capital raise that will provide additional resources to expand its Bitcoin treasury. OSC Greenlights Multi-Instrument Funding Plan to Fuel Bitcoin Accumulation According to a press release... -
Tom Lee’s BitMine Pushes ETH Reserves Past 4M Tokens With Latest $40 Million Acquisition
On December 22, BitMine Immersion Technologies (BMNR) announced its holdings now exceed 4 million ETH. This milestone was reached after the company, led by Fundstrat's Tom Lee, purchased nearly 99,000 ETH last week. BitMine Edges Toward Its 5% Ethereum Supply... -
Lawmakers Propose Tax Breaks for Small Stablecoin Payments and Staking
A new bill in the US House could change how digital assets are taxed. The draft law aims to simplify the use of Crypto for daily payments. It also seeks to fix a common problem with staking rewards. The proposal... -
Bitwise Enters the Spot Sui ETF Race With a New SEC Filing
On December 18, asset management firm Bitwise filed a Form S-1 with the US Securities and Exchange Commission (SEC) to launch a spot Sui exchange-traded fund (ETF). The proposed product would track the spot price of SUI tokens, allowing investors... -
Baird Upgrades Rivian Ahead of R2 Launch Next Year
Baird analyst Ben Kallo has upgraded Rivian Automotive (NYSE: RIVN) from "Neutral" to "Outperform” while raising its target price from $14 to $25. The revision signals a potential upside of over 40% from its current trading levels, reflecting a shifting... -
U.S. Fed Lifts Official Guidance That Blocked Banks from Crypto Activities
On December 17, the U.S. Federal Reserve withdrew its 2023 guidance for state member banks on digital assets. A new framework has been introduced to encourage responsible innovation. Bank safety and financial stability remain priorities. Banks are no longer required...
