DraftKings has acquired prediction market exchange Railbird and plans to focus on states without legal sports betting to avoid jeopardizing current licenses. DraftKings shares closed at $33.00 per share, down 4.9% on the day. Meanwhile, Canaan, a Bitcoin mining rig manufacturer, received a $4 price target and is halfway there, finishing the week at $1.89. Payments processor Zelle will start using stablecoins for international transactions to improve cross-border money movement. Stablecoins have grown by 83% in the past year, accounting for 30% of all crypto transaction volume. JP Morgan will allow institutional clients to use BTC and ETH as loan collateral, while Galaxy Digital reported $505 million in Q3 profits with trading volumes up 140%.

Read more at Yahoo Finance: DraftKings Gets Predictable, Canaan Turns Around and Zelle Likes Stables