Shares of crypto miner Hut 8 jumped nearly 17% in premarket trading on Wednesday after the company announced a major artificial intelligence infrastructure partnership with Anthropic and cloud compute provider Fluidstack. The deal marks a significant expansion beyond Hut 8’s traditional bitcoin mining roots, positioning the company as a developer and operator of large-scale data
As Bitcoin navigates recent price volatility, market participants are questioning how much structural dynamics have shifted. We spoke with Rachel Lin, CEO and Co-Founder of decentralized derivatives exchange SynFutures, to unpack the current landscape. From the reliability of ETF cost-basis clusters to the changing behaviours of long-term holders, Lin offers a clear-eyed assessment of the
Affirm stock price popped by over 10% on Tuesday as investors cheered the company’s presentation at its event. It jumped to a high of $73.40, up sharply from last month’s low of $60.40. It remains up by 135% from its lowest level this year, with its market capitalization rising to over $25 billion. Affirm reaffirmed
XRP, the native cryptocurrency of the Ripple ecosystem, is down by less than 1% over the last 24 hours, recovering from a significant drop on Tuesday. The dump saw XRP retest the $1.85, but it is now trading at $1.91 per coin. However, market sentiment remains poor, and XRP could record further losses in the
Cryptocurrency ownership among UK adults fell in 2025, but new data suggest the market is becoming increasingly concentrated around Bitcoin and Ether rather than disappearing altogether. Survey findings published by the Financial Conduct Authority show that fewer people now hold digital assets, even as those who remain invested are committing larger sums and focusing on
AAVE has been one of the worst performers among the top 50 cryptocurrencies by market cap in recent weeks. The coin has lost 1.8% of its value in the last 24 hours and is now trading at $183 per coin. The bearish performance comes after AAVE lost a key resistance level. Derivatives positioning and momentum
Netflix stock (NASDAQ: NFLX) surged in pre-market trading on Wednesday after Warner Bros. Discovery’s (WBD) board officially recommended that shareholders accept Netflix’s $82.7 billion acquisition offer. The call rejects a higher unsolicited $108.4 billion bid from Paramount. The board’s decisive backing clears a major hurdle for the streaming giant, but the rally suggests Wall Street
Crypto payments are increasingly popular among online shoppers and high-value consumers, but volatility still prevents many businesses from adopting them. According to Crypto.com’s State of Crypto Commerce & Payments report, more than 700 million people worldwide owned crypto in 2025. Yet the price of major digital assets can shift by several per cent within hours.
Silver prices hit fresh record highs on Wednesday, above $66 per ounce. Gold prices also advanced on Wednesday, with softer labour market data from the US on Tuesday signalling a cooling economy. Meanwhile, oil prices jumped more than 2% as US President Donald Trump ordered the blockade of all sanctioned oil tankers entering and leaving
UK unemployment rose in the three months through October as a softening labour market added to the Bank of England’s policy dilemma ahead of its final interest rate decision of the year. The headline jobless rate edged up to 5.1% in the August-to-October period, from 5.0% in the three months through September, according to figures