Cboe Futures to offer trading in Continuous Futures for BTC and ETH
Saylor expected announce another BTC purchase
Tue:
U.S. combined Oct & Nov Nonfarm Payrolls (Powell cited a weakening labor market as the main reason for cutting rates). Economists project a 50,000 increase in payrolls and a 4.5% unemployment rate, consistent with a sluggish, but not rapidly deteriorating, labor market. Fall in payrolls could help extend the rally and pull forward the first full rate-cut pricing from June to April.
Wed:
Coinbase to launch prediction markets and tokenized stocks
Fed’s Williams speaks
Thu:
Fri:
BOJ expected to hike rates (first hike since Jan) (Investors will keep a close eye on Ueda’s post-meeting press conference for clues on how many more rate hikes could lie ahead)
Putin to hold a televised event
Deadline for the U.S. Department of Justice to release Jeffrey Epstein-related files
TBA/Whole Week: Ukraine-US talks to continue in Berlin as Ukraine willing to drop Nato ambitions
What Happened:
The crypto downturn has pushed many Bitcoin miners to the brink of unprofitability, prompting operators to scale back their energy-hungry machines. Many miners are pivoting toward hybrid models built around AI and high-performance computing, with some companies drawing billions of dollars to build out high-tier data centers. “As hash price falls, we have seen almost a 8% drop in network hashrate, this is a result of miners using firmware to underclock their machines to save power,” said Ethan Vera, chief operating officer at mining services provider Luxor Technology, which trades used rigs.
Standard Chartered has halved its Bitcoin price forecasts, now expecting the cryptocurrency to climb to $150,000 by the end of 2026, and has delayed its $500,000 long-term target to 2030.
CFTC will allow Bitcoin, Ether, and the dollar-pegged stablecoin USDC to be used as collateral for derivatives trades.
BMW Uses JPMorgan Blockchain System for Automated FX Transfers.
Wall Street Hedged Big Crypto Bet in $500 Million Ripple Deal. Two of the funds that put in money assessed that at least 90% of the company’s net asset value derived from a crypto token called XRP. The funds investing in Ripple were given the option to sell their shares back to Ripple after three or four years at a guaranteed annualized return of 10%, unless Ripple goes public within that time frame, ….Terms that offer a put option with a guaranteed return are “not very common and tend to appear more with investors who aren’t typical venture capitalists,”.
Crypto. com has introduced a three-second delay for customers placing wagers on sports games, which does not apply to market makers on the exchange.
Five cryptocurrency firms (Circle, Ripple, BitGo, Fidelity and Paxos) received preliminary approval to perform certain banking functions from a US regulator on Friday. Becoming a trust bank does not allow the firms to fully act as traditional banks. For instance, the cannot take deposits or lend, but they can hold assets in custody the way a well-known firm like Bank of New York Mellon or State Street can.
DTCC Greenlighted by SEC to Offer Tokenization Service. “Although this program is a pilot subject to various operational limitations, it marks a significant incremental step in moving markets onchain,” SEC Commissioner Hester Peirce said in a statement.
Vanguard Group’s view of crypto remains unchanged, with Bitcoin seen as a speculative collectible rather than a productive asset. Vanguard Equity Quant Says Bitcoin Still a ‘Digital Labubu’ Toy, For Now.
Interactive Brokers Allowing Accounts to be Funded by Stablecoin
Tether Blocks Investor Sales While Pitching $20 Billion Funding
SpaceX said it’s preparing for a possible public offering in 2026 that would be aimed at funding an “insane flight rate” for its developmental Starship rocket, artificial intelligence data centers in space and a base on the moon.
Wall Street Sees AI Bubble Coming and Is Betting on What Pops It. Valuations during the dot-com era were far in excess of where they are now partly because of how far the stocks had run, but also because the companies were younger and less profitable — if they had profits at all.
Nvidia Challenger Moore Threads Shares Slide 19% After It Warns of Trading Risks.
Nvidia builds location verification tech that could help fight chip smuggling.
