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Live updates: Bitcoin trades near $86,000 as U.S. stocks post small gains
CoinDesk • • business
Key Points:
- PayPal customers can now use Meta’s AI agent, Muse, to complete purchases, boosting PYPL shares by 1.2% despite a 21% year-over-year decline.
- Former bitcoin miners turned AI infrastructure providers, such as Keel Infrastructure and Hut 8, are seeing gains of around 2-4%, while crypto and U.S. stock markets remain mostly flat.
- President Trump reiterated his stance on Iran at the UN, threatening either total destruction or a deal to end the war, coinciding with fluctuating oil prices around $90 per barrel.
- Kalshi Klear has filed for regulatory approval to offer leveraged trading on event contracts, aiming to attract more institutional investors to prediction markets.
- SoFi has begun settling transactions from its $25 billion card program using its SoFiUSD stablecoin on Mastercard’s network, enhancing blockchain-based payment settlements without requiring merchant adoption of stablecoins.
