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Firefly’s deal to acquire SciTec will bolster its efforts to support President Trump’s “Golden Dome” missile-defense shield.

Ledn CIO John Glover, who correctly predicted recent bitcoin [BTC] price gains, has issued a stark warning that a failure to break above the $125,000 resistance could prove costly, potentially signaling the start of a bear market.BTC, the leading cryptocurrency by market value, tapped record highs above $125,000 over the weekend. The rally followed renewed demand for U.S.-listed spot ETFs amid the ongoing U.S. government shutdown and was likely boosted by pro-stimulus comments from Japan’s newly elected prime minister.However, momentum has stalled over the past 24 hours, with prices retreating to $124,000.According to Glover, BTC’s fate is now anchored to…

When Jaguar Land Rover (JLR) shut down its IT systems on 1 September following a cyber attack, the impact was immediate and far-reaching. Production lines across its UK plants were halted, and while the company has began a gradual restart of its operations this week, the month-long suspension has left lasting financial strain across the country’s automotive supply chain. The attack, which prompted an unprecedented £1.5bn government-backed loan guarantee to support JLR, exposed vulnerabilities not only in the manufacturer’s digital infrastructure but also in the financial architecture supporting thousands of smaller suppliers. For many, the disruption revealed just how dependent…

grenke has reported a 5.8% increase in leasing new business in the third quarter (Q3) of 2025, amounting to €781.2m ($917m), compared to €738.5m in the same quarter of the previous year. The most leased assets were in the IT equipment category, which includes items such as laptops and software, making up 26.5% of the total contracts signed. grenke CFO Martin Paal has set a target of €2.4bn of new business for the full year. The proportion of direct business with customers remained relatively unchanged at 17.9%. The period also saw a rise in lease applications to about 159,000, which…

By Omkar Godbole (All times ET unless indicated otherwise)Big weekend buzz: Bitcoin BTC$124,522.40 shot up to record highs, and its dominance rate ticked up too, signaling fresh bias toward the top cryptocurrency.But the headline wasn’t just about crypto — Japan’s new prime minister openly backing “Abenomics” was an even bigger deal. That means the world’s three largest economies — the U.S., China, and Japan — are now all leaning toward easing policies. That’s a strong tailwind for asset prices across the board.If that’s not enough to stir excitement, on-chain data shows whales are slowing their coin spending. As Glassnode points…

The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly.Top 5 Upgrades: Morgan Stanley upgraded Micron (MU) to Overweight from Equal Weight with a price target of $220, up from $160. The company will see multiple quarters of double-digit price increases, which can drive “substantially higher earnings power,” the firm tells investors in a research note. Rothschild & Co Redburn upgraded Affirm (AFRM) to Buy from Neutral with a price target of $101, up from $74, which offers…

Grayscale has introduced staking to its ether and solana investment products, becoming the first firm to offer staking through U.S.-listed spot crypto exchange-traded products (ETPs).The update applies to the Grayscale Ethereum Trust ETF (ETHE), Ethereum Mini Trust ETF ETH$4,611.48, and Grayscale Solana Trust (GSOL), which were already available to investors.Grayscale’s ETHE has an estimated $4.82 billion in net assets, while its mini trust has $3.31 billion. Its GSOL trust has $122.5 million in assets under management.By adding staking, Grayscale gives investors a way to earn rewards from blockchain networks without directly holding or managing the underlying assets.Staking is central to…

The sharp rise in stablecoin usage could drain as much as $1 trillion from emerging market banks over the next three years as savers seek the safety and liquidity of dollar-pegged digital assets, Standard Chartered said in a Monday report.Stablecoins are giving households and companies in developing economies an alternative to local banks, accelerating a post-financial-crisis shift of core banking functions into the non-bank sector, analysts Geoff Kendrick and Madhur Jha wrote.Stablecoins are cryptocurrencies whose value is tied to another asset, such as the U.S. dollar or gold. They play a major role in cryptocurrency markets, providing among other things…

ClearBridge Investments, an investment management company, released its “ClearBridge Large Cap Growth Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. Equities continued their upward journey in the third quarter with the S&P 500 Index surging 8.1% and tech-heavy Nasdaq Composite rising 11.2% to record highs. Investor optimism was driven by favorable tariff results, the One Big Beautiful Bill in July, expected interest rate cuts, and strong corporate earnings, particularly in technology and the Magnificent Seven. The benchmark Russell 1000 Growth Index rose 10.5% for the quarter. The strategy delivered solid absolute performance in the…

With the third quarter now fully in the books, the original bitcoin treasury company Strategy (MSTR) reported a $3.9 billion gain on its mammoth holdings of BTC for that three month period.Alongside, the compnay confirmed what had been teased by its Executive Chairman Michael Saylor over the weekend — that it did not add to its 640,000 stack last week — the first time since April that it did not do so.Strategy’s average purchase price across its bitcoin holdings is $73,983 per coin. With bitcoin’s current price around $124,000 those holdings are now valued around $78.7 billion, representing roughly $31.4…