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Amazon unveils Trainium3 chip as it accelerates push into AI hardware
Amazon rolled out its newest AI training chip, Trainium3, this week as it moves straight at the hardware grip held by Nvidia and Google. The accelerator is already running inside a small group of AWS data centers and opens to customers on Tuesday, according to an interview with Dave Brown, vice president at Amazon Web […]
Cryptopolitan
Tue, Dec 2
XRP Price About $1,000 Is A Necessity, Analyst Claims
A recent XRP price analysis from a prominent supporter has placed the cryptocurrency’s long-term value in the four-figure range. Although XRP is currently trading around $2, the analyst believes a rise to $1,000 is necessary for the altcoin. His outlook stems from the cryptocurrency’s underlying uti...
NewsBTC
Tue, Dec 2
Ripple’s Climb To A $7 Trillion Valuation: What Would The XRP Price Be?
Crypto pundit Rob Cunningham has outlined a scenario where Ripple could achieve a $7 trillion valuation based on the XRP price. The crypto firm is notably the largest XRP holder, which is why a significant surge in the altcoin’s price could increase the company’s valuation. Ripple Could Hit A $7 Tri...
Bitcoinist
Tue, Dec 2
Kraken acquires Backed Finance to expand tokenized stocks and ETFs
Kraken has taken over Backed Finance, a Swiss platform that turns real-world assets into tradable crypto tokens, according to Bloomberg. This acquisition gives Kraken more control over tokenized stocks and ETFs that already trade on its platform and signals its plan to dig deeper into around-the-clock equity trading powered by blockchain rails. Backed issues crypto […]
Cryptopolitan
Tue, Dec 2
Ripple (XRP) Faces Renewed Price Instability as GeeFi (GEE) Surpasses $650K Raised in Its Accelerating Presale
While many established cryptocurrencies face market unpredictability, a new project named GeeFi is making a strong impression with its presale performance. The first phase finished in just over a week, showing clear investor confidence. During that short time, the GeeFi Team sold 10 million GEE tokens, raised $500,000, and built a strong community of over […]
Cryptopolitan
Tue, Dec 2
BoE cuts bank capital requirements to boost business and household lending
The BoE announced that it will reduce the capital requirements related to risk-weighted assets by 1 percentage point to 13%.
Cryptopolitan
Tue, Dec 2
LIVE MARKETS-When crypto prices tumbled, what of the corporate hoarders?
S&P 500 flat, Nasdaq and Dow up very slightly Inudstrials leads S&P 500 sector gainers; materials falls mostEuro STOXX 600 index edges up ~0.04%Dollar ~flat; crude slips; gold off >1%; bitcoin up ~4.9%US 10-Year Treasury yield edges down to ~4.09%Welcome to the home for real-time covera...
Reuters
Tue, Dec 2
Video generation platform Luma AI is preparing for a major expansion in London
Video generation platform Luma AI, a $4 billion startup backed by Nvidia, is preparing for a major expansion in London with plans to hire about 200 workers (~40% of workforce).
Cryptopolitan
Tue, Dec 2
Bank of England warns AI debt boom risks triggering broader market fallout
The Bank of England says the global AI spending wave is getting dangerous. The central bank warned that the multi‑trillion‑dollar push into AI infrastructure now leans too hard on debt, while stock prices tied to the sector sit at levels it called “materially stretched.” The risk is simple. If AI stocks crack, the damage will […]
Cryptopolitan
Tue, Dec 2
Are Bitcoin Traders Pulling Back? Open Interest Plummets By 50% In A Sudden Market Reset
With the crypto market turning increasingly bearish, Bitcoin’s price has experienced another pullback, bringing it closer to the $80,000 mark once again. Along with the current drop in price, BTC’s derivatives market is showcasing bearish performance, suffering one of its steepest declines of the on...
Bitcoinist
Tue, Dec 2
Mutuum Finance Tops the Best Crypto to Buy Now as Phase 6 of Presale Surges Past 95% With 18,270 Holders
With the growing interest in the presale market, Mutuum Finance (MUTM) has emerged at the top of many people’s lists as the current leading cryptocurrency to buy. The innovation that Mutuum Finance presents demonstrates the power of breakout performance usually exhibited by early-bird cryptocurrencies, which gain large-scale success in the future to become the next […]
Cryptopolitan
Tue, Dec 2
Musk: «Bitcoin Incarna quella che è la Vera Moneta di quest’epoca»
Elon Musk, CEO di Tesla e SpaceX, ha riacceso il dibattito su Bitcoin dopo un recente post in cui ha affermato che la criptovaluta è «basata sull’energia» e che l’energia, a differenza della moneta tradizionale, «non può essere falsificata». Il commento, pubblicato su X, ha attirato rapidamente l’at...
Bitcoinist
Tue, Dec 2
U.S. firms race to seize Europe’s rare earths as Beijing tightens defense-linked supply
American firms are now rushing to grab rare earth minerals from Europe, even though China and the US officially agreed to stop fighting over this stuff for a year. Doesn’t matter. Beijing still blocks sales to anyone linked to defense, and they’re holding the strings on global supply. That’s made whatever rare earths are left […]
Cryptopolitan
Tue, Dec 2
BofA urges clients to allocate 1%–4% to crypto as demand accelerates
Bank of America advised its wealth management clients to allocate 1%–4% of their portfolios to cryptocurrency.
Cryptopolitan
Tue, Dec 2
Ripple Marks Another Milestone In Bid To Dominate Global Payments With XRP
On December 1, 2025, Ripple announced a major regulatory upgrade in Singapore, reinforcing its ambition to make XRP a central instrument for global payments. The expanded license allows the company to streamline cross-border money transfers, expand its payments infrastructure, and provide faster, mo...
NewsBTC
Tue, Dec 2
Aster CEO Leonard confirms collaboration with Trump-linked World Liberty Financial in Dubai
The founder and chief executive of decentralized perpetual exchange Aster Leonard confirmed on Tuesday that his platform is in a collaboration with Trump-family-affiliated crypto startup World Liberty Financial (WLFI) to expand adoption of the latter’s stablecoin product USD1. The agreement between the two entities was announced at a closed conference held on Tuesday in Dubai, […]
Cryptopolitan
Tue, Dec 2
Early Buyers Believe This New Crypto Could Outperform Top Cryptocurrencies in 2026, 5% Tokens Under $0.04 Left
Many of early adopters are now resorting to a new cryptocurrency that is gaining momentum and which most analysts think might be outperforming some of the leading cryptocurrencies by 2026. Mutuum Finance (MUTM) is on a decisive step with the token price still at just $0.035 and only half of Phase 6 to go through. […]
Cryptopolitan
Tue, Dec 2
Circle partners with OpenMind to launch x402 payments for autonomous machines
Circle partnered with OpenMind to launch x402 payments for autonomous machines. OpenMind works on autonomous robots, and may soon start testing USDC micropayments.
Cryptopolitan
Tue, Dec 2
Understanding Stablecoin Wallets: USDT, USDC, and More
Learn how to store and manage stablecoins like USDT, USDC, and DAI safely. Compare wallet types, chains, and key features.
Cryptopolitan
Tue, Dec 2
Kalshi Picks Solana To Ignite Tokenized Event Trading
Kalshi has switched on tokenized versions of its event contracts on Solana, making its first explicit play to court the same crypto-native traders who have funneled billions of dollars into rival prediction platform Polymarket. Instead of holding positions solely as traditional off-chain contracts o...
Bitcoinist
Tue, Dec 2
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