⚡️ JUST IN: Bitget is reportedly planning to acquire a Thai crypto exchange, just weeks after the $388M hack.
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JUST IN: 🚨 Mt. Gox extends its creditor repayment deadline for the sixth time, pushing it to 2027.
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⚡️ BREAKING: French lawmakers have approved a proposal to tax crypto-to-stablecoin conversions at 31.4%, beginning in 2027.
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😛 SkyAI Exits SOL
SkyAI, formerly known as Sharps Technology, has sold its entire SOL position. In September, it ranked among the five largest public SOL holders, with more than 2 million tokens. As of October 16, the company had $223.8 million in cash.
SkyAI plans to repurchase up to 95% of its shares and warrants for $3 each, for a total of roughly $201 million. If the offer is fully taken up, around $22.5 million would remain. The condition requiring SOL to trade above $100 has been dropped.
The company says it still intends to develop a Solana-based stablecoin and AI finance platform, but hasn’t shared a timeline or further details.
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SkyAI, formerly known as Sharps Technology, has sold its entire SOL position. In September, it ranked among the five largest public SOL holders, with more than 2 million tokens. As of October 16, the company had $223.8 million in cash.
SkyAI plans to repurchase up to 95% of its shares and warrants for $3 each, for a total of roughly $201 million. If the offer is fully taken up, around $22.5 million would remain. The condition requiring SOL to trade above $100 has been dropped.
The company says it still intends to develop a Solana-based stablecoin and AI finance platform, but hasn’t shared a timeline or further details.
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US homebuilder sentiment has plunged to its lowest point in 14.5 years. With the average 30-year mortgage rate at 7.4%, the housing market is effectively frozen.
That’s a steep reversal from earlier this year, when builders were counting on interest rate cuts.
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That’s a steep reversal from earlier this year, when builders were counting on interest rate cuts.
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⚡️ JUST IN: Arkham will limit full transaction histories and filtering to enterprise users.
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JUST IN: 🇮🇷🇺🇸 Iran-US talks are ongoing. Claims that a deal is close are inaccurate, says a person involved in the discussions.
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⚡️ JUST IN: Iran–US talks are ongoing, but claims that a deal is close are false, a negotiator says.
Brent crude has recovered half of its earlier losses.
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Brent crude has recovered half of its earlier losses.
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😆 Tesla Roadster Deposit Terms
Tesla is taking deposits of up to $250,000 for its new Roadster, recently shown pulling off aerial stunts. But the company makes no promises about when—or even whether—the car will be delivered.
According to the agreement, the deposit only reserves an approximate spot in the order queue. The final price is still unknown, and the deposit is refundable if you cancel before configuring the car. A quarter-million dollars for “we’ll keep you posted.” 😂
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Tesla is taking deposits of up to $250,000 for its new Roadster, recently shown pulling off aerial stunts. But the company makes no promises about when—or even whether—the car will be delivered.
According to the agreement, the deposit only reserves an approximate spot in the order queue. The final price is still unknown, and the deposit is refundable if you cancel before configuring the car. A quarter-million dollars for “we’ll keep you posted.” 😂
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⚡️ JUST IN: The US plans to offer Putin a meeting with Zelensky and Trump.
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⚡️ BREAKING: YouTube has banned the Bitcoin media channel Simply Bitcoin.
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🚀 Top Trending Coins Today
1. PEARL
2. PENGU
3. PEPE
4. NEAR
5. GRASS
6. CARDS
7. XMR
8. SOL
9. STRK
10. PYTH
11. VVV
12. QTC
13. AERO
14. HYPE
15. PUMP
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1. PEARL
2. PENGU
3. PEPE
4. NEAR
5. GRASS
6. CARDS
7. XMR
8. SOL
9. STRK
10. PYTH
11. VVV
12. QTC
13. AERO
14. HYPE
15. PUMP
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⚡️ JUST IN: Most of Anthropic’s reported amount isn’t cash. Around $72B reflects non-cash convertible-note and other financing adjustments that rise with the company’s valuation, leaving roughly $8.7B.
The draft S-1 reports $16.3B in revenue for the first half of the year, up from $1.1B a year earlier. Two customers account for 20% of revenue. The IPO is tentatively planned for November, at a valuation of around $2 trillion.
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The draft S-1 reports $16.3B in revenue for the first half of the year, up from $1.1B a year earlier. Two customers account for 20% of revenue. The IPO is tentatively planned for November, at a valuation of around $2 trillion.
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⚡️ JUST IN: Elon Musk says bringing Tesla and SpaceX together could be a good move.
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⚡️ JUST IN: SpaceX posts a blockbuster Q3, with revenue soaring 161% to $14.6B as Musk targets 100,000 Starlink satellites and $1T in revenue.
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⚡️ BREAKING: Elon Musk says SpaceX ($SPCX) and Tesla ($TSLA) have formed committees to explore a possible merger.
He sees “a lot of merit” in bringing the companies together, but says shareholders would need to back the move.
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He sees “a lot of merit” in bringing the companies together, but says shareholders would need to back the move.
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Media is too big
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JUST IN: 💰 Michael Saylor tells Charles Schwab the Bitcoin bull market is underway 👀
“It bounced off the 200-week moving average, and we’ve rallied about $20,000 since then. We think this is the start of the next bull run.” 🚀
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“It bounced off the 200-week moving average, and we’ve rallied about $20,000 since then. We think this is the start of the next bull run.” 🚀
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⚡️ BREAKING: Hegseth says the Pentagon is targeting its first clean audit in 2028, following eight consecutive years of failed audits.
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