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Finance

Bitnomial Adds RLUSD and XRP as Margin Collateral, Expanding Crypto Derivatives Offerings

The company will become the first U.S.-regulated clearinghouse to accept stablecoins as margin collateral.

A person looking at multiple trading screens. (sergeitokmakov/Pixabay/Modified by CoinDesk)

Markets

Wall Street's Biggest IREN Bull Hiked Price Target to $142 After $9.7B Microsoft AI Deal

The bitcoin miner turned AI infrastructure play received three price target raises following yesterday's news, including from Bernstein, which lifted to $125.

Bitcoin miners are attractive partners to build AI data centers: Bernstein. (Shutterstock)

Markets

Bitcoin Mining Profitability Slumps as Hashprice Falls to Multi-Month Low

Hashprice drops to $43.1 PH/s as bitcoin’s price correction, low fees and record hash rate squeeze miners’ margins.

Hashprice (Luxor)

Markets

Strategy Introduces a Euro-Denominated Preferred Stock Stream, Following Q3 Earnings

Less than a week after hinting at an international perpetual preferred listing, Strategy unveils its 10% euro-based Stream issue targeting institutional investors.

Strategy Executive Chairman Michael Saylor (Danny Nelson, modified by CoinDesk)

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Markets

XRP Nears 'Death Cross'

XRP's key averages are set to produce a death cross.

FastNews (CoinDesk)

Markets

Stream Finance Faces $93 Million Loss, Launches Legal Investigation

DeFi platform Stream Finance is engaging law firm Perkins Coie LLP to lead investigation after an external fund manager disclosed a huge loss.

Stream Finance launches legal investigation after huge loss.

Finance

Strive Proposes High-Yield Preferred Stock to Expand Bitcoin Holdings

The preferred shares, dubbed SATA, are set to carry an initial 12% annual dividend, payable monthly in cash.

Bitcoin (modified by CoinDesk)

Finance

Donut Labs Raises $15M Seed Funding to Build AI-Powered Crypto Trading Browser

Donut Labs has now raised $22 million across a pre-seed and seed funding round in the last six months.

16:9 Donuts (congerdesign/Pixabay)

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Markets

Strategy’s Bitcoin Engine Hits New Phase With S&P Ratings Nod, Canaccord Says

The broker said the company's full-cap bitcoin strategy is maturing, as preferred equity drives accretion and a new S&P credit rating expands its investor base.

Michael Saylor, Executive Chairman of Strategy (MSTR)

Finance

Tharimmune Stock Gains 30%, on $540M Capital Raise to Build Canton Coin Treasury Strategy

The nanocap biotech firm is pivoting into digital assets with a $540 million raise to build a canton coin–based treasury, backed by DRW and Liberty City Ventures.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)