The U.S. government holds an unrealized gain of about $26.5 billion on its stake in Intel (INTC) after shares of the chipmaker jumped more than 22% in premarket trading Friday, following a stronger-than-expected first-quarter earnings report. The position stems from an August deal in which the Trump administration converted $8.9 billion in CHIPS Act grants […]
Japanese Bitcoin treasury company Metaplanet is back on the market with a new round of leverage on its balance sheet, issuing 8 billion yen, worth about $50 million, in zero-interest regular bonds to fund future Bitcoin purchases. In a filing Friday, the company said the latest offering was fully supported by EVO Fund, a Cayman
Bitcoin holder Metaplanet raises $50 million in zero-interest bonds to buy more BTC Read More »
Bitcoin Falls Below $78,000 Amid High Oil Prices; planned for the 4th weekly increase
Bitcoin Falls Below $78,000 Amid High Oil Prices; planned for the 4th weekly increase Read More »
Prediction markets have a consistent line: their products are financial instruments, not bets. Wisconsin isn’t buying it, and in a new complaint targeting Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com, the state cites those companies’ own marketing to call them unlicensed gambling sites. “Barely disguising illegal conduct does not make it legal,” Attorney General Josh Kaul
Investment banking giant Morgan Stanley has kept a low profile by making a significant move into stablecoins, expanding its footprint in the digital assets sector. The company’s investment management arm, MSIM, announced the launch of the Stablecoin Reserves Portfolio – a government money market fund designed for stablecoin issuers who need a regulated and secure
Morgan Stanley Launches Stablecoin Reserve Wallet. Here’s what it means Read More »
Someone buys $2.1 billion worth of bitcoin via ETFs. Someone else is using this offer to get by. U.S. spot bitcoin ETFs have now seen eight straight days of inflows totaling $2.10 billion through April 23, according to SoSoValue. This is the longest streak since the nine-day run in October 2025 that took Bitcoin to
BTC ETFs Raise $2 Billion in 8 Days as Short-Term Holders Sell Read More »
Cryptocurrency markets remained lower on Friday as macroeconomic signals from Japan, one of the world’s largest economies, added to uncertainty caused by the war in Iran. Bitcoin BTC$77,594.14 hovered near $77,800, after struggling to surpass Thursday’s high of $78,700 in early Asian trading hours, according to CoinDesk data. The broader uptrend, which began in late
Bitcoin, Ether Fall in Asia as Japanese Data Adds to Market Jitters Sparked by Iran War Read More »
When Chinese startup DeepSeek released details of one of its artificial intelligence models last year, it sent shockwaves through the tech industry. The company said it built its system spending far less on computer chips than U.S. competitors like OpenAI and Anthropic. This marked the start of what became known as the “DeepSeek moment” in
DeepSeek sequel expected to expand China’s reach in open source AI Read More »
Neat rows of Chinese banknotes sit behind glass in the center of the National Security Gallery inside the Hong Kong History Museum, alongside model fighter jets, attack helicopters and vials of rare earth metals. Featuring instruments of war and commerce, the exhibition highlights a central idea: the internationalization of its currency, the renminbi, is considered
War and sanctions accelerate China’s monetary surge Read More »
The US Department of Justice has arrested an Army master sergeant, accused of betting on Nicolas Maduro’s raid before participating in the operation to arrest the former Venezuelan leader. The DOJ on Thursday unsealed an indictment charging Gannon Ken Van Dyke with illegal use of confidential government information for personal gain, theft of nonpublic government
