TeraWulf's Q1 2026 Net Loss Surged to Over $427 Million, With AI Compute Revenue Beating Bitcoin Mining

Bitcoin's price fell below $100,000 for the third time this month due to investors selling off risk assets like cryptocurrencies and tech stocks amid broader economic concerns. Despite setting a record price in October, institutional participation and whale activity have decreased, leading to price volatility.

JPMorgan analysts upgraded Circle's rating to "Overweight," citing improved business fundamentals and a raised year-end price target to $100 per share. Circle's Arc network, with potential partnerships, is expected to drive USDC adoption and increase margins, despite facing competition.

The newly launched Canary XRP ETF exceeded expectations by surpassing $26 million in trading volume within just 30 minutes of trading, potentially outperforming the Bitwise Solana Staking ETF's $57 million debut this year.

Bybit's derivatives operations director predicts it may take two quarters for Bitcoin derivatives activity to recover from the $19 billion flash crash on Oct. 10. Bitcoin's open interest has dropped to $140 billion from $220 billion pre-crash, with derivatives volumes stabilizing around $300 billion.

Emory University increased its bitcoin holdings by reporting over 1 million shares of the Grayscale Bitcoin Mini Trust in the third quarter, valued at nearly $52 billion. The university also invested in BlackRock's iShares Gold Trust and slightly raised its equity stake in Coinbase.

Ark Invest, led by Cathie Wood, purchased over $30 million worth of Circle shares, totaling nearly 3 million shares valued at $255 million. Despite Circle's recent 20% drop in share price, the firm remains invested in various crypto-related equities.

Digital asset treasury (DAT) companies, like MicroStrategy, have gained popularity for holding large amounts of crypto on their balance sheets, leading to share prices moving with asset values. Understanding the risk factors, such as regulatory uncertainties and premium collapses, is crucial for advisors evaluating DATs for portfolios.

TKO Group Holdings has partnered with Polymarket to enhance fan engagement in UFC and Zuffa Boxing events. The collaboration includes a real-time Fan Prediction Scoreboard for UFC broadcasts, allowing fans to participate in fight forecasts throughout the matches. Polymarket will also be the official brand partner of Zuffa Boxing, introducing similar engagement experiences to boxing events.

Grayscale Investments has revealed intentions to become a publicly traded company, filing for an initial public offering with the SEC. The firm plans to list its stock on the NYSE under the ticker "GRAY," expanding its offerings beyond Bitcoin and Ethereum ETFs.

Circle has introduced Circle StableFX for stablecoin currency pair trading with on-chain settlement on its Arc blockchain network. The program also supports regional stablecoin deployments, aiming to address inefficiencies in the foreign exchange market.