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IBM beat Wall Street estimates with Q3 earnings of $2.65 per share and revenue of $16.33 billion
IBM stock tumbled by 5% in after-hours trading on Wednesday after the company reported stronger-than-expected Q3 results but failed to convince investors that its software and AI growth could sustain the growth expectations they have for it. In its Q3 earnings report, IBM said revenue profits surged back into positive territory, and full-year guidance improved. […]Cryptopolitan
Wed, Oct 22
Coreweave Comments On Proxy Advisor Recommendations Regarding Proposed Acquisition Of Core Scientific
Oct 22 (Reuters) - CoreWeave Inc CRWV.O:COREWEAVE COMMENTS ON PROXY ADVISOR RECOMMENDATIONS REGARDING PROPOSED ACQUISITION OF CORE SCIENTIFICCOREWEAVE INC: DISAGREES WITH RECOMMENDATIONS AGAINST TRANSACTIONCOREWEAVE INC: COREWEAVE DISAGREES WITH RECOMMENDATIONS AGAINST TRANSACTIONCOREWEAVE INC - BE...Reuters
Wed, Oct 22
Trump orders sweeping new sanctions targeting Russia’s energy sector
The US Treasury Department has on Wednesday imposed the highly anticipated sanctions on Vladimir Putin’s Russia, striking directly at the country’s energy sector after what officials described as a lack of genuine effort toward peace in Ukraine, after over nine months of trying to gently ease White House “friend” Putin into the decision. According to […]Cryptopolitan
Wed, Oct 22
Canada fines Xeltox Enterprises a record C$176.9 million for massive crypto anti‑money‑laundering failures
Canada’s financial watchdog has issued a record fine of C$176.9 million ($126 million) against Xeltox, the company known publicly as Cryptomus, for what the Financial Transactions and Reports Analysis Centre of Canada (Fintrac) calls “an unprecedented anti-money-laundering failure.” The regulators also reportedly discovered that the company didn’t file mandatory reports for more than 1,500 crypto […]Cryptopolitan
Wed, Oct 22
Tesla reports $28.1B in Q3 revenue, up 12% YoY, but missed earnings expectations
Tesla pulled in $28.1 billion in revenue for the third quarter of 2025, finally snapping a two-quarter losing streak. That’s a 12% rise compared to the same period last year, when the company made $25.18 billion. But the market wasn’t thrilled. Earnings missed estimates. Adjusted profit came in at 50 cents per share, short of […]Cryptopolitan
Wed, Oct 22
XRP Supply Shock Ahead: ‘No Longer Speculation,’ Says Crypto Pundit
In a livestream on October 22, 2025, crypto commentator Zach Rector argued that an XRP supply squeeze in 2025 is effectively “baked in,” contending that pending spot exchange-traded funds and a wave of “digital asset treasury” vehicles will lock up meaningful amounts of circulating supply. Why A XRP...NewsBTC
Wed, Oct 22
$1B Shockwave: Ripple-Linked Company To Build A Massive XRP Empire
Evernorth, a company backed by players close to Ripple, said it will go public through a SPAC merger that aims to build a large, public XRP treasury. Based on reports and regulatory filings, the deal would list the new company on Nasdaq under the ticker XRPN and raise more than $1 billion in gross p...Bitcoinist
Wed, Oct 22
Reddit sues Perplexity for copyright infringement
Social media platform Reddit has sued Perplexity for unlawfully scraping its data to train the AI startup’s AI-based search engine, accusing it of building a $20 billion firm off stolen data. According to reports, Reddit sued three other companies in a New York federal court on Wednesday, alleging that the data-scraping companies circumvented its data […]Cryptopolitan
Wed, Oct 22
DC Crypto Summit Turns Tense: Senators Confront CEOs Over Alleged Political Allegiances
On Wednesday, several crypto industry CEOs participated in a roundtable discussion with Senate Democrats. The discussion focused on the Market Structure bill and the Democratic Party’s request for specific provisions in the GENIUS Act, which has already been signed into law by President Trump....Bitcoinist
Wed, Oct 22
Unity Software has launched a new payments tool that lets game developers bypass Apple and Google’s app store fee
Unity Software Inc. has unveiled a new payments tool designed to help video game developers bypass the commissions charged by mobile app stores, challenging the long-running dominance of Apple over in-app transactions. The San Francisco-based company, which is the world’s most widely used engine for creating mobile games, powering a large share of the industry’s […]Cryptopolitan
Wed, Oct 22
Kraken reports $648M in Q3 revenue, up 114% year-over-year and 50% from Q2
Kraken reported $648 million in Q3 revenue, up 114% year-over-year and 50% quarter-over-quarter, according to the company’s earnings report released on Wednesday after the bell. Adjusted EBITDA hit $178.6 million, up 124% from last quarter, with margins rising to 27.6%. That’s a 9-point jump. Kraken said it achieved this while keeping costs tight and still […]Cryptopolitan
Wed, Oct 22
Mercer Park merges with the Cube Group to launch $500M SOL treasury
Mercer Park Opportunities Corp., a Cayman Islands-based special purpose acquisition company (SPAC), has announced a definitive business combination agreement with Cube Group, Inc. The deal positions the merged entity as a key player in bridging traditional finance (TradFi) and decentralized finance (DeFi) using Cube’s hybrid digital asset exchange platform. An official release from Mercer Park […]Cryptopolitan
Wed, Oct 22
Analyst Predicts Dogecoin Price Is Headed To $3.25, Here’s When
Crypto analyst Anthony has predicted that the Dogecoin price could rally to $3.25. He also provided a timeline for when the foremost meme coin could reach this price target, which will mark a new all-time high (ATH). When The Dogecoin Price Will reach $3.25 In an X post, Anthony stated that the Doge...NewsBTC
Wed, Oct 22
Bitcoin Price Prediction: BTC Projected to Clear $112,000 This Week as This $0.035 Token Tops Altcoin Watchlists
As Bitcoin (BTC) eyes a potential breakout above $112,000 this week, investors are keeping a close watch on both the king of crypto and emerging altcoins that could offer outsized gains. While BTC remains a primary store of value, many traders are wondering what crypto to buy now for exponential growth opportunities. One project gaining […]Cryptopolitan
Wed, Oct 22
Reform UK leader Farage says crypto donations have begun
Farage denies copying Trump's crypto strategyReform UK receives crypto donations, details undisclosedReform UK leads in polls despite holding only five parliamentary seatsBy Phoebe Seers LONDON, Oct 22 (Reuters) - British populist party Reform UK's leader Nigel Farage told Reuters on Wed...Reuters
Wed, Oct 22
Gold futures dropped 8% in two days, falling from $4,398 to $4,065.40 per ounce
Gold has lost its shine for the second day straight, sliding hard from record highs earlier this week. Futures for the yellow metal dropped $43.70, or 1.06%, on Wednesday to close at $4,065.40 per ounce, after a brutal 5.74% plunge on Tuesday. The back-to-back declines have erased nearly 8% of gold’s value since Monday, when […]Cryptopolitan
Wed, Oct 22
Sam Altman pulls Microsoft, Nvidia, Oracle, AMD, Broadcom, and SoftBank into massive AI infrastructure deals worth over $1 trillion
According to The Wall Street Journal, Sam Altman turned a quiet White House appearance into a global power play that dragged Microsoft, Apple, Nvidia, Oracle, AMD, Broadcom, and SoftBank straight into OpenAI’s gravity field. It all started in January, when SoftBank’s Masayoshi Son stood beside Sam and President Donald Trump to announce what is billed […]Cryptopolitan
Wed, Oct 22
Cardano Institutional Wave: Big Money Pours Into ADA Amid Surging Blockchain Adoption
Despite the ongoing wave of bearish price action for Cardano (ADA), the token appears to be attracting a notable amount of adoption and attention. Large capital is currently being moved in the leading network and altcoin, particularly from institutional players. Are Institutions Betting Big On Carda...Bitcoinist
Wed, Oct 22
Volkswagen warned its production may soon be disrupted due to Nexperia chip supply issues
Volkswagen said Wednesday it may soon face temporary factory shutdowns due to chip supply problems linked to Nexperia, a semiconductor company now caught in a standoff between China and the Netherlands. The company confirmed that while Nexperia doesn’t sell directly to them, some car parts from their suppliers include Nexperia chips. That means Volkswagen’s entire […]Cryptopolitan
Wed, Oct 22
