Nvidia reported fiscal Q3 revenue of $57B and non-GAAP EPS of $1.30, topping estimates, and guided Q4 revenue to $65B as demand for its Blackwell and Rubin platforms remains “off the charts.” The blowout print and outlook helped restore risk appetite in tech, with investors viewing the results as validation that the AI capex cycle remains robust into 2026.
Source: Seeking Alpha
Bitcoin slides to $88K as Fed minutes dent odds of a December rate cut
BTC fell to roughly $88,600, its lowest level since April, after Fed minutes revealed a sharply divided committee and reduced market odds of a near-term policy easing. Leverage built up in perpetuals and a “death cross” in key moving averages amplified the move, with analysts warning that absent a quick rebound, technicals point to further downside before a broader recovery later in 2025.
Source: FinanceFeeds
UK FCA advances consolidated tape for equities to bolster liquidity and transparency
The Financial Conduct Authority launched a consultation to create a single consolidated tape for UK equities by 2027, combining post-trade data and best bid/offer quotes across venues. The initiative aims to reduce data fragmentation, improve price discovery, and enhance London’s competitiveness versus the U.S. and EU as listings decline.
Source: FinanceFeeds
Basel Committee signals rethink of bank crypto capital rules amid global divergence
Basel Committee chair Erik Thedéen said the current 1,250% risk weight for certain crypto exposures needs reassessment as stablecoins and tokenized assets gain traction. With the U.S. and UK declining to implement the standard as drafted, revisions could ease capital burdens and allow banks to participate more directly in custody, settlement, and tokenization initiatives.
Source: FinanceFeeds
Kraken files confidential S‑1, paving way for long-anticipated U.S. IPO
The crypto exchange submitted a confidential draft registration to the SEC after recently closing an $800M funding round that valued the company at $20B. A public listing would make Kraken the third major U.S. exchange operator to go public, potentially intensifying competition in custody, spot, futures, and institutional services.
Source: FinanceFeeds
BlackRock forms iShares Staked Ethereum Trust, eyeing yield-bearing ETH exposure
BlackRock established a Delaware statutory trust for a staking-enabled Ethereum product, a step toward an ETF that could distribute staking rewards in addition to price performance. While formal SEC filings and approvals are pending, the move underscores growing institutional demand for total-return crypto vehicles and could accelerate competition among issuers.
Source: FinanceFeeds
FirstEnergy hit with $250M in fines and refunds by Ohio regulators in bribery scandal
Ohio regulators levied $250M in penalties and customer refunds against FirstEnergy tied to the state’s nuclear bailout bribery scheme. The enforcement action closes another chapter in the long-running probe and adds to the company’s legal and financial overhang as it works to rebuild governance and stakeholder trust.
Source: Seeking Alpha
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