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NewsDesk
The wire: crypto and markets news from other outlets, newest first.
AI summaryStories from the outlets we follow, summarised by AI and linked to the original. A story whose AI summary is not ready is held for an editor; older items may still show the outlet’s own summary, quoted and labelled. Bullish, Bearish and Neutral are an AI reading of a story’s tone, not investment advice.6 publishers845 storiesWhere AI is used
Saylor shares Strategy Bitcoin chart showing 849,327 BTC after sell-off
Michael Saylor posted a chart of Strategy's 849,327 BTC holdings, valued at $64.4bn, days after the company disclosed an 811 BTC purchase and a $208m preferred-stock buyback.
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On the Wire
Stories from our sources, newest first, each credited to the publisher and linked to the original.
Google says magic state cultivation cuts quantum errors 40-fold on Willow chip
Google Quantum AI reports in Science that magic state cultivation reduced errors about 40 times on its Willow processor, producing magic states with 99.99% fidelity.
Cross River Bank says it will bring Ripple's RLUSD into its banking system
Cross River Bank is teaming up with Ripple to let fintechs move money through traditional bank rails or the XRP Ledger using one connection, though the RLUSD services are limited to a few US states.
Patrick Witt's exit leaves White House crypto policy post vacant
CoinDesk reports that Patrick Witt, the last adviser running the White House digital assets office, has left, leaving no named successor as the CLARITY Act stalls in the Senate.
Binance US seeks $100m at $1bn valuation, Bloomberg reports
Binance US is reportedly raising up to $100m at a valuation of about $1bn, far below the $4.5bn it commanded in 2022, as it rebuilds its American business.
Larry Fink says data centre moratorium would tip US into recession
BlackRock's chief executive told CNBC that halting AI data centre construction would trigger a recession, dismissing public opposition over power and water use as misinformation.
Bitcoin slips below $80,000 after US PPI beats forecasts
Bitcoin fell under $80,000 on Thursday after September US producer price inflation came in at 6.3%, a full percentage point above expectations, before recovering to about $81,000.