Elon Musk lost over $48.5 billion after SpaceX stock dropped 40% from its post-IPO peak to $134.72, driven by AI bubble anxieties, a massive $40 billion chip lease agreement, and broader market sell-offs.
Bitcoin, Ethereum, and XRP face a fourth consecutive week of declines as Bitcoin tests critical technical support levels near its 200-day exponential moving average and shows persistent selling momentum.
London-based Kyro has launched an AI-powered investment platform for retail traders, unifying over 250 wallets, brokerages, and exchanges into a single workspace featuring real-time tracking, research tools, and natural language portfolio analysis.
Key takeaways XRP has dropped below $1.30 on Thursday as the bearish trend persists. Long-to-short ratios stand at 0.82, indicating bearish positioning in the tracked data. XRP must reclaim resistance between $1.333 and $1.372 to improve its near-term technical outlook. XRP struggles after Fed’s cautious hold XRP remains under pressure on Thursday as bearish derivatives…
Cancore has secured $7.2 million in a seed funding round to scale its tokenized asset trading infrastructure, aiming to link the Canton Network with public blockchain liquidity using AI trading agents and atomic settlement.
NEAR Protocol extends its recent recovery, trading above its 50-day moving average as traders evaluate the launch of confidential Jio Platforms perpetual contracts and mixed ETF flows.
Microsoft has offered voluntary exit packages to approximately 60,000 workers across the U.S., Canada, India, and the U.K. Eligible employees have until early December to decide, with departures planned for December 31.
Hyperliquid token HYPE rose 1.9% after bouncing off support near $75, though the asset must break above the $83 resistance level to strengthen its recovery outlook and target $89.
Cardano traded near $0.201, extending losses amid negative derivatives pressure, a bearish funding rate, and heavy selling activity as technical indicators point to ongoing market weakness.
Nvidia shares dropped 4.4% amid a broader semiconductor sector slump driven by investor concerns over heavy artificial intelligence spending, high debt loads, and exorbitant costs associated with AI infrastructure.
BRICS has shelved its de-dollarization agenda as most member nations, including India, Brazil, South Africa, and the UAE, do not support it, while Russian Ambassador Denis Alipov states the bloc is not anti-Western.
BaiBai integrates Coinbase Tokenized Stocks on Base, launching a USDC cashback campaign and a volume-based trading competition with rewards up to $30,000 in partnership with Coinbase and LI.FI.
A DefiLlama analysis reveals that nearly 90 percent of the circulating FXRP supply is locked in DeFi protocols, driven heavily by lending markets and cross-chain adoption, alongside growing revenue from Flare Data Connector fees.
