Bitcoin ETF

14 hours agoNews Editor

Bitcoin ETFs posted a monthly net outflow of $515.9 million

Bitcoin exchange-traded funds recorded a net monthly outflow of $515.9 million, according to a post cited by Techub News from @FarsideUK. The breakdown showed mixed fund performance across major products. IBIT led with a net inflow of $932.1 million, while FBTC posted a net outflow of $754.5 million. ARKB saw $444 million in net outflows, and GBTC recorded a net outflow of $184 million. The figures point to divergence among individual Bitcoin ETF products over the month, even as the category as a whole ended in negative territory.

50

Bitcoin

13 hours agoNews Editor

PlanB says Bitcoin closed October at $77,430 as RSI stayed above 50 for a third month

Analyst PlanB said Bitcoin closed October at $77,430, while the much-discussed "Uptober" rally did not materialize as expected. In the same post, he pointed to Bitcoin’s Relative Strength Index, or RSI, which has remained above 50 for three straight months. PlanB said that reading signals the start of a new bull market. The comments were cited by ChainCatcher in a short market update published on Nov. 1. No additional price data or market details were provided in the source item.

30

Kraken

14 hours agoNews Editor

Kraken’s June 2026 proof-of-reserves snapshot separates balance inclusion from wallet control

The Defiant said Kraken’s June 2026 proof-of-reserves snapshot draws a distinction between two separate checks: whether customer balances are included and whether the exchange controls the wallets in question. The report’s core point is that neither item, on its own, is enough to prove solvency. It also said those disclosures do not by themselves guarantee that users will be able to withdraw funds. That framing matters because proof-of-reserves disclosures are often read as a broad sign of financial soundness. In this case, the article argues for a narrower reading. A snapshot may show part of the picture, but it does not automatically establish that liabilities are fully covered in a way that ensures withdrawal access. The Defiant’s summary presents Kraken’s reserve report as something that can help users verify specific elements, while still leaving clear limits on what the disclosure can prove.

40

Aave

14 hours agoNews Editor

What a Zero LTV Setting Means for an Existing Aave Loan

The Defiant examined how an existing Aave loan position is affected when a collateral asset’s loan-to-value ratio is set to zero. The piece centers on a simple hypothetical example rather than a broader market event. In that example, a collateral position worth $10,000 loses $1,500 in borrowing headroom, even though its health factor stays at 1.33. The key point is that the position’s ability to take on additional borrowing is reduced, while the health factor shown in the example does not change as a direct result of the zero-LTV setting itself. The article focuses specifically on the mechanics of an existing loan on Aave and what zero LTV means for borrowing capacity under that scenario.

90

AI infrastructure

14 hours agoNews Editor

AI infrastructure is running into power, cooling and packaging limits — not just a GPU shortage

A MarsBit article, citing the International Energy Agency, Epoch AI, Bloomberg and other sources, argues that the real constraint on AI expansion is no longer simply access to GPUs or even electricity in the abstract. The bottleneck now sits across an entire chain: generation, grids, transformers, cooling, memory, advanced packaging, financing and local permitting. The piece starts with the physical basics. AI turns electricity into transistor switching, matrix multiplication and, eventually, tokens. From that view, “effective intelligence” depends on available power, hardware efficiency, algorithmic efficiency and utilization. A failure in any one layer drags down the rest, which is why the bottleneck has shifted over time from GPUs to HBM memory and CoWoS packaging, and now to transformers, gas turbines and interconnection queues. The article points to IEA estimates showing data-center electricity use rising from 485 TWh in 2025 to 950 TWh in 2030, even as per-task efficiency improves sharply. It also highlights rising rack power density, growing reliance on liquid cooling and high-voltage DC distribution, and the mounting role of capital markets as hyperscaler spending approaches $700 billion in 2026. Local opposition in the U.S. has also become a material constraint, with dozens of projects delayed or blocked. The conclusion is straightforward: AI infrastructure is now a system-level race across energy, manufacturing, finance and governance, and the slowest link sets the pace.

40

Ripple

14 hours agoNews Editor

Weekly crypto project roundup: Ripple wins trust bank approval, Pump.fun adds Hyperliquid perps, ENSv2 goes live

Crypto project updates this week centered on regulation, market infrastructure and protocol upgrades. Ripple said the U.S. Office of the Comptroller of the Currency has formally approved Ripple National Trust Bank, a move the company says will let it support RLUSD through a federally regulated banking platform and offer digital asset custody for enterprises. Ripple also rolled out RLUSD on Coinbase Prime, Coinbase Exchange and Coinbase’s retail app, with support for 1:1 conversions from U.S. dollars and other supported dollar-denominated stablecoins. Elsewhere, Hyperliquid said Kraken parent Payward plans to become the first CFTC-regulated HIP-3 market deployer, subject to regulatory approval, while Pump.fun announced direct access to Hyperliquid perpetuals without cross-chain transfers. ENS launched ENSv2 on Ethereum mainnet with independent subname registries and more granular permissions. Other notable developments included an Osmosis proposal to burn 100 million OSMO, an Optimism plan to rebate sequencer fees to key partners without increasing OP circulation, Uniswap Labs opening its Token Jar fee conversion tool to outside apps with Robinhood as the first integration, and Sky reporting $99.29 million in Q3 revenue.

40

France

14 hours agoNews Editor

French budget amendments proposed AI subscription and token charges, but none passed

French lawmakers proposed several tax-related amendments tied to artificial intelligence in the country’s 2027 budget process, including one aimed at AI subscriptions, another covering token-based billing costs, and a third that would have expanded the digital services tax to AI companies. None of those measures is currently in force, and the proposals cited in the report have already been rejected. The amendments emerged as France faces mounting fiscal pressure. The country’s budget deficit is projected at 5.4% of GDP this year, above the European Union’s 3% threshold, while public debt is expected to reach 121.7% of GDP next year. The government is also working through a €54 billion budget adjustment package. According to Touteleurope, the broader budget plan already includes new tax bases such as aviation kerosene, sugary processed foods, and a VAT increase on television subscriptions from 10% to 20%. The report also notes that earlier amendments on crypto-to-stablecoin gains and a per-gigabyte traffic tax cleared first-reading votes in the National Assembly, but those measures are not law either. In this case, the AI-related amendments were either rejected on the spot or blocked in committee, leaving France with no enacted AI subscription tax or token fee levy at this stage.

40

Circle

14 hours agoNews Editor

Circle posted $701.315 million in Q2 revenue and reserve income, with net income at $48.214 million

Circle’s second-quarter accounts show how revenue tied to USDC turns into actual earnings. The company reported $701.315 million in revenue and reserve income for the quarter, but net income came in much lower at $48.214 million after distribution costs, operating expenses, and taxes. The figures highlight a distinction that often gets blurred in stablecoin discussions: reserve income is not the same as profit. Circle’s results show that income generated from reserves must still absorb a range of business costs before it reaches the bottom line. According to The Defiant, the quarter’s numbers offer a direct look at the economics behind USDC and how Circle makes money from the stablecoin while separating gross income from final profit.

80

Total 81 items

Go topage

Bit.Fan