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PropMarketCapFRESHProp industry

Futures prop firms are moving away from a monthly subscription for the evaluation to a one-time payment

Apex Trader Funding, Tradeify, Bulenox and My Funded Futures have removed the monthly evaluation fee for new purchases this year. At the same time, CME, the exchange whose data a trader needs to see quotes, still bills prop firms as before - every month.

PropMarketCapFRESHExchanges and infrastructure

Gemini, a crypto exchange with business in the UK and Europe, was sold for less than $10 million to Singapore's KAST

The Winklevoss brothers' crypto exchange handed over its UK and European operations to Singapore-based payments company KAST. The deal amount is less than $10 million, even though the divisions were bought mainly for their licenses.

PropMarketCapExchanges and infrastructure

Jack Dorsey's Square officially authorized accepting BTC payments in the US

The payment service Square, through whose terminals and cash registers ordinary stores and cafes accept money, has opened Bitcoin payment acceptance to American retail outlets. The announcement appeared on November 11 at around 19:00 Moscow time.

PropMarketCapInstitutional players and funds

Deutsche Bank launches Bitcoin and Ethereum custody: licenses took 41 months to obtain

Germany's largest bank, with assets of around $1.7 trillion, began offering cryptocurrency custody services to paying clients on November 11. It filed its application with regulator BaFin back in June 2023 - the wait stretched to 41 months.

PropMarketCapCurrencies, commodities and indices

CoreWeave: revenue $3.66B for the quarter, loss $709M, shares on Nasdaq +8%

CoreWeave (Nasdaq: CRWV - an American data center operator that leases computing capacity for artificial intelligence tasks) reported third-quarter results: revenue grew 2.7x to $3.66B, while net loss widened to $709M. After the main session closed, the stock was up as much as 8%.

PropMarketCapExchanges and infrastructure

Real withdrawals from next week: crypto exchange Mercado Bitcoin keeps crypto locked

One of Brazil's largest crypto exchanges is restoring deposits and withdrawals of money via Pix (the Brazilian central bank's instant payment system) starting next week. Deposits and withdrawals of cryptocurrency itself remain suspended, with no date for their return.

PropMarketCapCurrencies, commodities and indices

WTI fell below $84 - the lowest since late August, Brent crude broke through $90

By 11:57 Moscow time on Tuesday, US WTI crude lost the $84 per barrel mark and dropped to lows not seen since late August. This is the second consecutive day of heavy selling, with Brent plunging below $90 over the same period.

PropMarketCapRegulation

Coinbase received a full federal trust license from the OCC

The U.S. Office of the Comptroller of the Currency (OCC, the federal bank regulator) upgraded the trust status of the largest American crypto exchange from conditional to full. Now Coinbase conducts cryptocurrency custody and payments under federal supervision, rather than only under individual state licenses.

PropMarketCapCurrencies, commodities and indices

Alphabet holds 555 million SpaceX shares and pays Musk's company $920 million a month

Alphabet (the holding company that owns Google) bought an additional 3.85 million SpaceX shares in the third quarter, bringing its stake to 555.04 million shares. At the November 5 closing price, that is about $68.6 billion - and that is noticeably less than the stake was worth in the summer.

PropMarketCapRegulation

US Treasury cuts MEXC off from the dollar system: $16 billion claim

On November 6, FinCEN (the US Treasury's financial crimes unit) banned American banks from making any transfers to or from the MEXC Global crypto exchange. The exchange was named a "primary source of money laundering threat," with claims totaling $16 billion in transactions over five years.

PropMarketCapRegulation

Cboe and Citadel Securities sued the CFTC: judge questioned the regulator's authority

The Capital Markets Alliance Association, which includes Cboe Global Markets, Citadel Securities and Healthy Markets Association, challenged in federal court the CFTC's November 3 decision on perpetual futures on individual US stocks. The judge has already noted that the plaintiffs are likely to prevail.

PropMarketCapCurrencies, commodities and indices

Microsoft pulls out of Oracle deal to lease cloud capacity for AI

Microsoft abandons its agreement with Oracle to lease computing capacity for artificial intelligence. This concerns two of the top ten US companies by market capitalization, and both are part of the S&P 500 and Nasdaq 100.

PropMarketCapCurrencies, commodities and indices

Google backstopped a $19 billion data center construction for Anthropic

Google signed agreements to provide credit support for the TeraWulf project - an American company that used to mine Bitcoin and now builds data centers. Under a 20-year contract with Anthropic worth about $19 billion, it will become easier for it to borrow money from banks.

PropMarketCapRegulation

Hyperliquid perpetual contracts come under US cryptocurrency regulation: deal with ICE

Intercontinental Exchange (owner of the New York Stock Exchange) has agreed with Trade[XYZ] to move its Hyperliquid-based perpetual markets into a regulated US framework. Ordinary retail clients will be able to trade round-the-clock contracts on stocks, indices, commodities, currencies and crypto - if regulators give the go-ahead.

PropMarketCapProp industry

Prop firm rating for $10,000 a month: scandal surrounding prop firm Match

The largest prop firm comparison site prop firm Match admitted that it substituted its affiliate link even for those who simply opened the company's page or copied a promo code. Within a few days, at least six partners left it, including Apex Trader Funding and Blue Guardian.

PropMarketCapCurrencies, commodities and indices

S&P changed its outlook on Meta to negative: free cash flow turned negative at -$2.12 billion

S&P Global Ratings affirmed Meta's AA- credit rating but changed its outlook from "stable" to "negative". The reason is spending on artificial intelligence infrastructure: for the quarter, it exceeded the money the company earned from operations.

PropMarketCapCurrencies, commodities and indices

Microsoft disclosed the figure: $10B in revenue from OpenAI in a single quarter

In its 10-Q report (a mandatory quarterly report public companies file with the SEC, the US market regulator), Microsoft for the first time named the exact amount of money OpenAI brings in: $10.0B for the quarter ended September 30, 2026. That is about 11% of the company's total quarterly revenue.

PropMarketCapRegulation

MEXC leaves Russia and Belarus: the second major exchange in a week

On October 20, 2026, the MEXC crypto exchange announced that it is ceasing to serve users from Russia and Belarus. There is no single shutdown date: each client will receive their deadlines individually.

PropMarketCapExchanges and infrastructure

Visa and Mesh enable crypto and stablecoin payments at 175 million merchant locations

Payment system Visa has agreed on a partnership with crypto platform Mesh: payments can be made with cryptocurrencies and stablecoins at more than 175 million locations worldwide - without a separate card and without prior conversion.

PropMarketCapInstitutional players and funds

JPMorgan has launched its deposit token JPMD on the Ethereum mainnet

On October 19, the largest US bank, JPMorgan Chase, launched its deposit token JPM Coin (JPMD) on the Ethereum mainnet. Access is granted only to the bank's approved institutional clients.

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