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2026/11/03
Bhutan's Gelephu Central Bank Approved to Hold Bitcoin and Other Cryptocurrency Assets
According to ME News, on November 4 (UTC+8), Bitcoin News posted on X that a royal decree signed by Bhutan’s King Jigme Khesar Namgyel Wangchuck grants the new financial regulator in Gelephu full central bank functions, including monetary policy and reserve management. The bank is authorized to incl
Nextpower Q2 Earnings Beat Sparks Analyst Rating Adjustments
Nextpower shares gained 6.41% to $96.97 at publication on Tuesday, according to Benzinga Pro data. GLJ Research analyst Gordon L. Johnson retained a Buy rating and increased the price target from $149 to $158 on November 3, 2026. The increase extended gains following the energy technology provider's
Anthropic IPO Could Attract Investment Away From SpaceX, Finance Professor Warns
Cathy Zheng, associate professor of finance at Bryant University, warned that a successful Anthropic IPO could make SpaceX one of the biggest losers by attracting investors away from Elon Musk's AI businesses. Zheng identified listed companies competing with Anthropic for AI growth investment as the
Meta Platforms Stock Rises on Tuesday Amid AI Funding and Bond Sales
Meta Platforms shares gained more than 2% on Tuesday as investors returned to mega-cap growth stocks following a selloff. Meta's growing AI financing requirements and pressure on the company's balance sheet remained concerns despite the recovery. Microsoft shares also rebounded. The Nasdaq gained 0.
Nvidia Reportedly Orders AI Data Center Partners to Reduce China Exposure
Key takeawaysNvidia reportedly requires majority non-Chinese AI cloud customersOverseas data centers face growing restrictions on Chinese demandChina exposure adds pressure to Nvidia's struggling stockNvidia is reportedly directing its global data center partners to reduce their reliance on Chinese
Justin Sun Seeks Sanctions Over Delayed UAE Ownership Disclosure in World Liberty Lawsuit
Key takeawaysJustin Sun seeks $263,821 over delayed UAE disclosuresWorld Liberty identifies 22 ownership-chain members and entitiesForeign ownership could derail the $45 million lawsuitTRON founder Justin Sun is seeking sanctions against Trump-linked World Liberty Financial and its lawyers, alleging
Justin Sun Alleges World Liberty Financial Changed Citizenship to Avoid US Court
Tron founder Justin Sun has asked a US federal court to sanction the Trump family’s World Liberty Financial. He alleges the firm revealed its United Arab Emirates (UAE) ownership only to escape his $45 million fraud case.The case decides whether Sun gets back his frozen WLFI tokens, the coins that g
Justin Sun Seeks Sanctions Against Trump-Backed World Liberty Financial Over UAE Ties
TL;DRJustin Sun is seeking sanctions against World Liberty Financial (WLFI) over allegedly incomplete disclosures concerning its ownership structure and UAE connections. The dispute involves approximately 4 billion frozen WLFI tokens tied to Sun’s $45 million investment. Revised court filings identi
OpenAI Secures $11 Billion at a $1.25 Trillion Valuation, Below Initial Plan
ME AI message, Ed Zitron argues that funding in the AI industry is drying up. OpenAI raised $11 billion last week at a $1.25 trillion valuation, below its original plan of $30 billion at a $1.4 trillion valuation; according to The Information, its combined costs, revenue, and R&D expenses for Q1 202
Anthropic's AI Lab Struggles with Rising Compute Costs Amid IPO Preparations
CoinDesk reports:There has long been mystery surrounding the financial condition of major AI labs, and as Anthropic draws closer to an IPO, some answers are beginning to emerge. In particular, the company has finally disclosed more data on the economics of compute power and how much of its soaring r
Hollywood and Creative Groups Support NYT in AI Copyright Case Against OpenAI and Microsoft
Hollywood performers and creative-industry groups backed The New York Times in the newspaper's AI copyright dispute with OpenAI and Microsoft through briefs filed Friday. The briefs support the Times' position that AI companies should not be permitted to train large language models on publishers' ma
Strategy Adds 811 BTC as Leverage Drops to 3%
Strategy is continuing to increase the size of its Bitcoin [BTC] treasury. This comes with the latest addition of 811 BTC during the last week of October and the first week of November.This purchase took its total holdings to 849,327 Bitcoins. Strategy also purchased $208 million of STRC. This demon
Robinhood Chain reaches $100 billion in trading volume on Uniswap
ChainCatcher report: Uniswap posted on X that Robinhood Chain has become the fastest chain to reach $100 billion in trading volume on Uniswap. According to DefiLlama data, the cumulative trading volume of Uniswap V2, V3, and V4 on Robinhood Chain totals approximately $98.5 billion (this metric exclu
Bhutan's Gelephu Central Bank Approved to Hold Bitcoin and Other Digital Assets
Odaily Planet Daily reports that Bitcoin News posted on X that the royal decree signed by King Jigme Khesar Namgyel Wangchuck of Bhutan grants the new financial regulator in Gelephu full central bank functions, including monetary policy and reserve management. The bank is authorized to include digit
Microsoft Stock Rises on Azure Growth and AI Momentum
Microsoft Corp. (NASDAQ:MSFT) stock gained nearly 2% Tuesday morning as investors returned to mega-cap AI names following the recent technology sell-off, while analysts remained focused on accelerating Azure growth and the rising cost of expanding AI infrastructure. • Microsoft shares are tre
