Tom Lee’s Bitmine favors share buybacks to ether purchases as crypto declines
The Ethereum treasury firm spent $46 million buying back shares as Chairman Tom Lee said crypto has held up better than AI stocks during the recent market pullback. Source
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NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues. Source
OCC calls on community banks to enter the stablecoin payments market
The U.S. banking regulator is encouraging smaller lenders to develop stablecoin services as new federal licensing requirements approach. Source
South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
Officials are concerned users of domestic exchanges would bear the tax burden because the U.S. won’t share crypto trading data until 2029. Source
Canada opens consultation on draft stablecoin rules, maintains ban on yields
Under the draft rules, non-bank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within three business days. Source
AI giant Anthropic files for blockbuster IPO
The maker of Claude reported $16.3 billion in first-half revenue and an $80.7 billion net loss as it aims to price its offering in mid-November. Source
A $68 million bitcoin bet is targeting a post-midterm election breakout to $90,000
Your day-ahead look for Oct. 26, 2026 Source
Bitcoin holds near $80,000 as oil retreats and the Fed decision looms
Bitcoin was little changed near $80,400 since midnight UTC while the DeFi index was the only CoinDesk index to gain, with the Fed due to decide on Wednesday. Source
Live news: Bitcoin sits near $80,000 as tech rallies following Anthropic IPO filing
Alongside Anthropic raising as much as $100 billion, Meta on Monday announced a $95 billion share sale to fund its own AI ambitions. Source
Calpers pulls back from big tech as AI jitters deepen neocloud sell-off
California’s pension fund shifts toward private equity as investors question tech valuations and the payoff from soaring AI spending. Source