Intel Stock Rally Fades Despite Upbeat Forecast

Intel’s stock rally evaporated on Friday as investor optimism about the company’s improved forecast gave way to concerns about ongoing challenges. Despite beating expectations with fourth-quarter sales projections of $13.3 billion, the chipmaker’s shares pared early gains of up to 7.8% as Wall Street remained skeptical about Intel’s ability to execute its turnaround strategy in the competitive semiconductor landscape.

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Ethereum Tests $4,100 Resistance as Cup-and-Handle Pattern Forms

Ethereum is trading near the critical $4,000-$4,100 resistance zone after successfully holding support at $3,800, with technical analysts watching for a potential breakout from a classic cup-and-handle pattern formation. The upcoming Federal Reserve meeting and CPI data could significantly impact market sentiment and price direction as ETH navigates this crucial technical juncture.

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Jane Street Buys Bitcoin Mining Stocks, Shares Rally

Leading Bitcoin mining stocks surged after trading giant Jane Street disclosed significant positions in three major mining companies. The investments sparked a rally that extended through Friday, building on months of gains in the crypto mining sector. Regulatory filings revealed Jane Street now holds substantial passive stakes in Bitfarms, Cipher Mining, and Hut 8, triggering immediate stock price increases ranging from 8% to 13% on Thursday with continued momentum into Friday’s trading session.

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SpaceX Moves $133M in Bitcoin, Tesla Holds $1.27B BTC

SpaceX executed significant Bitcoin transfers totaling $133.7 million on Friday, moving 1,215 BTC to new unlabeled wallets in the latest of several cryptocurrency movements by Elon Musk’s aerospace company. The transfers come as SpaceX maintains one of the largest corporate Bitcoin treasuries globally, ranking fourth among privately held companies with approximately $914 million in Bitcoin holdings prior to the recent activity. Meanwhile, Tesla continues to hold over $1.27 billion in Bitcoin assets, having recently capitalized on accounting rule changes to book substantial quarterly profits.

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Trump to Nominate SEC Crypto Chief as CFTC Chair

In a move that signals potential regulatory alignment for digital assets, President Donald Trump is preparing to nominate Michael Selig, the Securities and Exchange Commission’s crypto task force chief counsel, as the next chair of the Commodity Futures Trading Commission. This development follows the September withdrawal of Brian Quintenz’s nomination and represents a significant shift in leadership approach for the key regulatory body overseeing derivatives markets. Selig’s reputation as pro-crypto within the digital asset community has generated optimism about a more favorable regulatory environment for cryptocurrency innovation.

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Markets Price 75bps Rate Cuts Amid CPI Data & Bitcoin Flows

Financial markets are undergoing a significant recalibration as investors now price in 75 basis points of interest rate cuts by year-end, driven by cooling inflation data and political uncertainty. The latest CPI figures and looming U.S. government shutdown are reshaping investor expectations, while cryptocurrency fund flows reveal evolving institutional positioning in Bitcoin and Ethereum products, signaling broader market adjustments to changing economic conditions.

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CZ Pardon Fuels Speculation on Binance US Return

Donald Trump’s pardon of Binance founder Changpeng ‘CZ’ Zhao has ignited widespread speculation about the world’s largest cryptocurrency exchange potentially re-entering the United States market. The former president cited “a lot of support” from the crypto industry for Zhao, who immediately signaled his commitment to making America the “capital of crypto” while changing his social media bio from “ex-Binance” to simply “Binance,” fueling rumors of an imminent return to both the company and the US market.

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Rumble Adds Bitcoin Tipping via Tether Partnership

Video sharing platform Rumble is partnering with stablecoin issuer Tether to integrate Bitcoin tipping functionality for its creators, marking the latest expansion of cryptocurrency capabilities on the anti-censorship platform. The feature, currently in testing and expected to launch fully by mid-December, represents a strategic move to enhance creator monetization amid declining user numbers and challenging stock performance for the YouTube competitor.

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CZ Suggests Trump Could Be Satoshi After Presidential Pardon

Former Binance CEO Changpeng Zhao has ignited a firestorm of speculation by suggesting Donald Trump might be Bitcoin’s elusive creator Satoshi Nakamoto, following a presidential pardon that absolved him of charges from the Biden administration’s crypto crackdown. This extraordinary development underscores the deepening political divisions surrounding cryptocurrency regulation in America, raising questions about conflicts of interest and the surprising alignment between a former crypto skeptic and one of the industry’s most prominent figures.

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