Nvidia-backed Firmus Grid delays IPO amid declining investor interest

The planned initial public offering of Firmus Grid, supported by Nvidia, has been postponed amid signs of waning investor enthusiasm, according to Bloomberg reports. The news highlights a potential early warning sign for the artificial intelligence sector, as investor demand appears to be weakening. The development comes at a time when optimism around AI investments is already under scrutiny, raising questions about the sector’s future trajectory. For further details, read more here.

US mortgage rates hit new high, rising for the seventh week in a row. The average rate for a 30-year fixed mortgage reached 7.4 percent, the highest since November 2023, according to Freddie Mac. This represents an increase from 7.28 percent the week prior and 6.3 percent a year earlier. Experts predict the situation may stabilize in the near future.

The possibility of a phone call between Vladimir Putin and Donald Trump today cannot be ruled out, according to Kremlin spokesman Dmitry Peskov.

Bitcoin drops below $81,000, leading to notable shifts in market dynamics.

The United States will refrain from attacking Iran prior to the upcoming midterm elections, former President Donald Trump asserted. Trump indicated that Washington and Tehran are engaged in constructive discussions.

AI is fundamentally transforming the Russian labor market, according to Dmitry Sergienkov, CEO of HeadHunter, speaking at the Headconf conference. Workers are increasingly leveraging AI tools to inflate their responses, while employers accelerate automation efforts. Approximately one-third of companies now employ sophisticated filters that swiftly reject certain applications, prompting job seekers to make multiple attempts. This ongoing battle between automated "auto-replies" and "auto-filters" amplifies the surrounding noise and inflates costs, offering little in terms of economic gain. On a global scale, the number of responses per recruiter has surged by 400 to 500 percent from 2022 to 2025.

OpenAI reports annual revenue of $50 billion, missing the projected $70 billion target, the Financial Times reports.

A phone call between Putin and Trump may take place today, according to Peskov.

The U.S. 30-year Treasury bond auction has concluded, with yields rising to their highest levels since August 2000.

The CEO of Nasdaq predicts that tokenization via blockchain technology will transform global finance, unleashing tens of billions of dollars in new capital.

Bitcoin experienced its second-largest profit-taking day of 2026, according to Santiment. Investors realized gains totaling approximately $1.03 billion, closely approaching the year's peak of $1.04 billion. Such surges in profit-taking are commonly observed during periods of short- and medium-term market cooling.

Over the past three days, the U.S. government has transferred a total of 17,733 Bitcoin (valued at approximately $1.48 billion) and 750 Wrapped Bitcoin (worth around $62 million) to Coinbase Prime. During this period, Bitcoin's price declined by 6.9%.

Santiment reports that #LINK recorded 681 transactions of $100,000 or more in a single day, the highest such figure since November 19, 2025. Whale activity has reached levels not observed throughout the entire year.

Santiment reports that #LINK experienced 681 transactions exceeding $100,000 in a single day, the highest since November 19, 2025. Whale activity is reaching levels not seen throughout the entire year.

Financial Times: DWF Labs has filed a lawsuit against BitGo for $141 million, alleging that the company conducted an unauthorized early sale of locked tokens.

Yesterday, the total outflow for spot Bitcoin ETFs reached $244.1 million, highlighting a significant retreat from the market. In contrast, the outflow for spot Ethereum ETFs was markedly smaller, amounting to just $72,500.

Yesterday, spot Bitcoin ETFs experienced a withdrawal of $244.1 million, reflecting continued investor reluctance. In contrast, spot Ethereum ETFs saw a significantly smaller outflow of just $72,500.

Current state of the cryptocurrency market.

Current Overview of the Cryptocurrency Market

KAIA has been listed on Upbit's spot market (KRW). upbit.com #Upbit #Listing