Judge Certifies Investor Class in Nvidia Crypto Revenue Lawsuit

Concerns have been raised by Ken Griffin, CEO of Citadel, regarding the surge in gold prices and its impact on the U.S. dollar's status as a global safe haven. The U.S. Dollar Index (DXY) has depreciated by approximately 10% this year, prompting investors to seek alternative assets like gold, silver, and bitcoin.

Morgan Stanley's Global Investment Committee suggests allocating up to 4% of portfolios to cryptocurrency for investors seeking "opportunistic growth." Other financial institutions like BlackRock and Fidelity recommend around 2%, while Grayscale and VanEck suggest 5-6%.

India plans to introduce an RBI-backed digital currency to discourage unbacked private cryptocurrencies, aiming for faster, traceable transactions and reduced paper usage. The government is heavily taxing cryptos to deter their use, emphasizing the need for legitimacy and security.

VanEck predicts Bitcoin could reach half of gold's market cap, potentially hitting $644,000 per Bitcoin. The firm's long-term vision includes factors like institutional adoption and younger consumer interest in emerging markets.

Shaw Walters, founder of Eliza Labs, believes in the value of structuring signals and speeding up execution for AI traders, rather than giving them money to make profits. ElizaOS, an open-source platform on Solana, focuses on building and managing AI agents and simulations with a "marketplace of trust" to track results and identify reliable sources.

Zac Prince, former BlockFi CEO, now heads Galaxy Digital's new banking platform, Galaxy One, offering yield on cash deposits and trading crypto and equities. Prince's return to a leadership role comes after BlockFi's bankruptcy and FTX's collapse.

Zcash's price surged to $165 on Monday, with CEO Mert Mumtaz advocating for the token to reach $1,000. Mumtaz highlighted the increasing use of zero-knowledge proofs to shield ZEC transactions, leading to a 7.5% price increase in a day.

Strategy, the largest corporate holder of Bitcoin, revealed $3.9 billion in fair value gains for Q3. With 640,000 Bitcoin at an average price of $73,983, their holdings are now valued at $78.7 billion, showing unrealized gains of $31.4 billion.

Billionaire investor Paul Tudor Jones views Bitcoin as very appealing in the current market environment, comparing it to the 1999 tech bubble but with potential for even greater upside. He highlighted the impact of fiscal policy and economic speculation on the cryptocurrency's price surge, emphasizing the importance of active risk management during strong rallies.

A preliminary probe by Gespa, Switzerland’s gambling authority, is underway to investigate FIFA’s compliance with local gambling laws regarding the new “Right-to-Buy” blockchain collectibles. FIFA Collect users can purchase tickets to the 2026 World Cup through this platform, with prices ranging from $149 to $7,000 for various match tickets.