The FDIC just announced one of the craziest things around the crypto market and we have to put a spotlight on this because it is so crucial for XRP in the sense of stable coin initiatives. So, let's first start off with talking about what's been happening around the stable coin side of the market. Now, I'm going to go over this here in a second with Visa, but looking at stable coins, we're well over $300 billion now in market cap.We're still sitting at about roughly five and a half trillion dollars in month ...

The FDIC gave the nod for Erebor Bank to receive deposit insurance coverage, a key step forward for the crypto-oriented lender as the Trump administration further embraces digital assets https://t.co/m0fFXGFIKJ ...

2025 has been absolutely insane and I don't think that anyone is going to disagree with me on that. Of course, unless you're looking at price action. However, the fundamental updates, major developments, expansions, things like that, 2025 has been a crazy year.But what the NASDAQ just announced is even crazier than most of everything that we've seen so far. We are constantly seeing more and more announcements like this, but they're getting much bigger in the sense of the scope of which the value these types ...

Core Insights - UBS is undergoing a leadership revamp as it integrates Credit Suisse, which it acquired in 2023, with the process expected to last throughout 2024 [3] Leadership Changes - UBS appointed Michelle Bereaux as group head of compliance and operational risk control and emphasized that Mike Dargan will focus more on AI and digital assets [4] - Daniele Magazzeni has been appointed as the first chief AI officer, effective January 1, 2026, overseeing AI tools deployment [5] AI and Technology Focus - UBS is rolling out AI across its operations, with approximately 340 live use cases across various business units, as stated by CEO Sergio Ermotti during the Q3 earnings call [5] - The bank is consolidating its IT estate, aiming for simplification and cost-cutting, having shut down 60% of legacy servers and processed around 40 petabytes of data [6] Executive Transitions - Mike Dargan will step down as group chief operations and technology officer at the end of December and will become CEO of digital bank N26 in April [8] - Beatriz Martin will take over as Group COO effective January 1, 2026, with Chris Gelvin serving as interim head of group technology [8]

🔥 Most Influential: @PeterSchiffPeter Schiff, the outspoken gold advocate and notorious bitcoin critic, has been vindicated by the market’s performance, cementing his stance after years of skepticism towards digital assets.@btcjvs writes:https://t.co/8jX5BN01H8 ...

Daily News 🗞 | December 16• BitMine adds over 100K ETH, total holdings approaching 4 million• Strategy buys 10,645 Bitcoin for $980 million as firm stays in the Nasdaq 100• MoonPay introduces commerce app for Solana Mobile’s Seeker device• JPMorgan launches $100m tokenized fund on Ethereum mainnet• Visa unveils stablecoin-focused advisory group to guide banks and fintechs on digital assets#CryptoNews #PoloniexNEWS ...

Core Insights - Ark Invest executed significant trades on December 15, focusing on Tesla, Circle Internet Group, Coinbase, and Bitmine Immersion Technologies, indicating a strategic positioning in electric vehicles and cryptocurrency sectors [1] Tesla Trade - Ark Invest sold 124,867 shares of Tesla across its ARK Innovation ETF and ARK Next Generation Internet ETF, generating approximately $59.35 million at a closing price of $475.31 [2] - Analysts are questioning the relevance of Tesla's record EV deliveries for its stock, suggesting a shift in investor focus towards technology-driven valuation rather than traditional automotive metrics [3][4] - Elon Musk emphasized that Tesla's long-term value will be driven by technology, particularly Full Self-Driving software and the Optimus humanoid robot, with estimates suggesting that 80% of future value could come from these innovations [5] Circle Trade - Ark purchased 143,579 shares of Circle Internet Group, totaling approximately $10.8 million at a closing price of $75.46 [6] - Despite Circle's strong third-quarter performance, traders remain cautious about its long-term growth potential amid a broader cryptocurrency market downturn [7] Coinbase Trade - Ark acquired 64,946 shares of Coinbase, valued at approximately $16.3 million with a closing price of $250.42 [8] - Coinbase's stock is under pressure due to broader market trends, but it recently launched a mainnet bridge connecting its Base layer-2 network with Solana, marking a significant integration in the crypto space [9] Bitmine Immersion Trade - Ark bought 550,404 shares of Bitmine Immersion Technologies, totaling approximately $17.03 million at a closing price of $30.95 [10] - Bitmine holds 3.97 million ETH, over 3.2% of global supply, and aims to own 5% of total ETH supply, despite recent price declines in Ethereum [11] Bullish Inc. Trade - Ark purchased 122,360 shares of Bullish, valued at approximately $5.2 million at a closing price of $42.43 [12] - Bullish reported third-quarter revenue of $76.5 million, beating estimates, and highlighted strong momentum from new crypto options products [13] Block Trade - Ark acquired 92,845 shares of Block Inc., valued at approximately $5.9 million at a closing price of $64.02 [14] - JPMorgan reiterated an Overweight rating on Block, citing solid third-quarter performance and improving trends across its core ecosystems [15] ARK 21Shares Bitcoin Trade - Ark bought 43,553 shares of ARK 21Shares Bitcoin ETF, totaling approximately $1.2 million at a closing price of $28.48, aligning with its strategy to increase Bitcoin exposure [16]

Core Insights - BitMine Immersion Technologies Inc. has acquired an additional 102,259 Ethereum, with Chairman Tom Lee asserting that high AI valuations can yield long-term returns [1] Group 1: Ethereum Holdings - As of December 14, BitMine holds approximately 3.97 million ETH, valued at around $12.2 billion, representing over 3.2% of the total Ethereum supply [2] - The company is approximately two-thirds of the way toward its goal of acquiring 5% of the Ethereum network [2] - BitMine's Ethereum treasury is the largest among public companies and the second-largest globally, following Strategy's Bitcoin reserves [3] Group 2: Strategic Developments - Regulatory developments anticipated in 2025, such as the GENIUS Act and the SEC's Project Crypto initiative, have reinforced the company's long-term commitment to digital assets [4] - BitMine is advancing its proprietary Ethereum staking infrastructure, the Made in America Validator Network, expected to launch in early 2026 [4] Group 3: Market Activity - BitMine's increased crypto exposure has led to a significant rise in stock market activity, with an average daily trading volume of approximately $1.9 billion, ranking it among the 50 most actively traded U.S. equities [5] - The company plans to hold its annual shareholder meeting in Las Vegas on January 15, 2026, as it continues to scale its Ethereum accumulation strategy [5] Group 4: AI Valuation Perspective - Chairman Tom Lee defends current AI valuations, suggesting that concerns about "absurd" valuations overlook the historical development of exponential industries [6] - Lee compares the current AI cycle to the internet boom of the late 1990s, indicating that while many individual stocks may fail, diversified exposure to the broader theme tends to outperform over time [7]

Core Viewpoint - ITHAX Acquisition Corp III has successfully closed its initial public offering, raising $230 million through the sale of 23 million units at $10.00 per unit, including an over-allotment option [1][6]. Company Overview - ITHAX Acquisition Corp III is a newly formed blank check company sponsored by Orestes Fintiklis, who serves as the CEO, CFO, and Chairman [2][10]. - The company aims to pursue a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination, focusing on sectors such as asset management, leisure, hospitality, catering, travel, entertainment, gaming, and lifestyle, leveraging next-generation technologies like AI and digital assets [3][10]. Financial Details - The offering consisted of 23,000,000 units, with gross proceeds amounting to $230 million, which will be placed in the company's trust account [1][6]. - Each unit comprises one Class A ordinary share and one-half of one redeemable warrant, with whole warrants allowing the purchase of one Class A ordinary share at $11.50 [4]. Trading Information - The units began trading on the Nasdaq Global Market under the ticker symbol "ITHAU" on December 12, 2025 [2]. - Once the securities begin trading separately, the Class A ordinary shares and redeemable warrants are expected to be listed under the symbols "ITHA" and "ITHAW," respectively [4]. Management and Sponsorship - The company is sponsored by Orestes Fintiklis, who is also the founder of Ithaca Capital Partners, a private equity manager [10]. - Cantor Fitzgerald & Co. acted as the sole book-running manager for the offering [5].

RT Bitcoin For Corporations (@BitcoinForCorps)📈 1,000+ signatures and growing!We're calling on MSCI to withdraw its digital-asset threshold. This effort is about fair, neutral, operations-based index classification—and equal treatment across asset classes.Add your support:👉 https://t.co/ylANZGLPeT https://t.co/r7aF67LVMr ...