How to get rich (slowly) - The Times

Updated Oct 21, 2026, 7:18 a.m. EDTPublished Oct 21, 2026, 7:15 a.m. EDT3 min readBitcoin trading is becoming more sophisticated as use of options increases. (TabTrader.com/Unsplash)SummaryThis is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already. Bitcoin BTC$83,333.91 options are taking a bigger share of the largest cryptocurrency’s derivatives market in a sign that trading is becoming more sophisticated. According to Volmex, the issuer of the bitcoin volatility index BVIV, options accounted for just under 60% of open interest among all bitcoin derivatives last week. That’s up from around 50% at the start of the year. Open interest is the total value of contracts that traders have opened and not yet closed. The market encompasses bitcoin futures, perpetual futures and both bitcoin-native and ETF-based options. Volmex called the growth a structural shift in bitcoin markets, a sign that trading bitcoin is now about managing risk, not just betting on direction. Options allow investors to hedge their holdings, earn additional income or bet on a big move without borrowing, so positions can last longer than a leveraged perpetual bet.

Data centers in space are a long-term project with uncertain prospects. That’s not stopping a frenzy of activity in the coming years.

Super Micro Computer SMCI-Q jumped over 12 per cent on Wednesday after it forecast quarterly revenue and profit margin comfortably above Wall Street estimates, signaling that AI data center demand remains resilient. Shares of the AI server maker rose 12.2 per cent to US$36.44 in premarket trading. Super Micro forecast first-quarter revenue between US$18.5-billion and US$19.5-billion, above analysts’ expectations of US$15.23-billion, according to data compiled by LSEG. It now expects profit margins in the range of 12 per cent to 12.5 per cent versus earlier expectations of between 10.4 per cent and 10.8 per cent. The ongoing scramble to build data centres has largely benefited semiconductor and AI server makers, including Super Micro. Microsoft MSFT-Q, Google GOOGL-Q, Amazon AMZN-Q and Meta META-Q are expected to spend more than US$700-billion on AI infrastructure this year. Other server makers Dell DELL-N and Hewlett Packard Enterprise HPE-N also gained 5.2 per cent and 4 per cent, respectively, before the bell.

Oct 21, 2026, 7:00 a.m. EDT5 min readComptroller of the Currency Jonathan Gould (Nikhilesh De/CoinDesk)SummaryThe U. S. agency that regulates national banks and trusts has issued the first final rule putting the GENIUS Act into place in January, though a number of other regulators are still working on other parts of the implementation. The section on stablecoin yield doesn't offer a lot of detail on what activity may fall under the law's wide prohibition of such yield from issuers, but the crypto industry has already interpreted GENIUS to permit the rewards programs that have become commonplace with stablecoin activity on exchanges. The final rule states that pre-existing rewards programs won't get special treatment as the OCC assesses which ones pass regulatory muster. U. S. crypto exchanges that have long been giving people rewards for usings stablecoins will have to get the agency to sign off on those existing programs, according to the U. S. Office of the Comptroller of the Currency, the first federal banking regulator to issue a final rule under the Guiding and Establishing National Innovation for U. S. Stablecoins (GENIUS) Act. The OCC, which oversees U. S.

Preserving an inheritance isn’t about spending less — it’s about allocating smart.

Fight the datacenters at your economic peril, says BlackRock’s CEO Larry Fink.