Shipping Firm OceanPal Adds AI Arm With $120M PIPE Deal, Eyes 10% of NEAR Supply
The move is backed by investors including Kraken and Fabric Ventures, and OceanPal’s shipping business will continue to operate separately.
Investment
Bitcoin Slips Ahead of Fed Week, DOGE, ETH Lead Losses as Traders Price in 4.25% Rate Cut
Open interest climbing from $25 billion to nearly $30 billion reflects fresh leverage entering the market — a double-edged sword that could amplify upside momentum above $112,000 but heighten liquidation risks below $110,000, an analyst noted.
ETHZilla (ETHZ) Sells ETH to Fund Buybacks
Ethereum-focused digital asset treasury firm ETHZilla (ETHZ) on Froday sold about $40 million ether ETH$4,117.08 from its treasury, so far using some of the cash to repurchase shares of its own stock, the company said on Monday. Since the sale on October 24, the firm… Read More
ICP Faces Downward Pressure but Traders Eye Relief Bounce Near $3.15
Internet Computer slid to $3.19 after breaking support, but buyers see short-term rebound potential near $3.15.
ClearBank to Join Circle Payments Network, Expanding Access to MiCA-Compliant Stablecoins
ClearBank, a crypto-friendly neobank and regulated provider of Faster Payments in the U.K., plans to join the Circle Payments Network (CPN), linking its cloud-native banking platform to Circle’s blockchain-based infrastructure to speed up cross-border payments and offer access to regulated stablecoins. The move follows a… Read More
Massive Upside for Bitcoin? Author Adam Livingston on ‘Mother-of-All Liquidity Pivots’
Bitcoin could be set up for a big move, author Adam Livingston said, after The Kobeissi Letter noted that bank cash at the Federal Reserve fell to about $2.93 trillion. The Kobeissi Letter is an independent macro markets newsletter and widely followed X account run… Read More