One of the biggest stock market debuts in history will take place in six weeks, and the crypto is in the same liquidity pool it will attract interest from. SpaceX filed a confidential S-1 with the SEC earlier this month, seeking a $75 billion capital raise at a valuation of $1.75 trillion. If the price […]
How SpaceX’s $75B IPO Could Drain Cash That Helped Bitcoin Rise Read More »
XRP is stuck just below resistance, but price action is starting to lean in one direction. Each push higher is sold, but each pullback becomes shallower and shallower. This tells you that sellers are still active, but are gradually losing control. When this balance shifts, the ensuing movement is usually rapid and decisive. Prices move
Ripple-bound XRP stalls near $1.44 as triangle squeeze nears breakout Read More »
The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to protect what the agency considers its unassailable domestic regulatory authority over prediction market companies. Earlier this week, New York sued Coinbase and Gemini, arguing that their prediction market contracts violated the state’s gambling laws. And last year, the state
Bitcoin BTC$77,720.07 held above $77,000 on Friday, consolidating after hitting its highest level since early February earlier in the week. The largest cryptocurrency rose about 13.6% in April, putting it on track for its best monthly performance in a year, according to CoinGlass data. The rebound follows a difficult period, with crypto markets recording their
BTC on track for best month of year amid $5 billion USDT growth Read More »
The US Treasury Department said on Friday that a $344 million cryptocurrency freeze was part of its latest effort to disrupt financial networks linked to Iran. Treasury Secretary Scott Bessent said in an article “We will track the money that Tehran is desperately trying to move out of the country and target all financial lifelines
Tether’s $344 million freeze linked to US ‘economic fury’ against Iranian regime Read More »
Bitmine Immersion Technologies (BMNR) announced the purchase of 10,000 ether (ETH) from the Ethereum Foundation, strengthening its growing position as the largest digital asset treasury company after bitcoin-centric strategy (MSTR). The terms of the over-the-counter transaction were finalized on Friday and amount to $23.87 million, the Ethereum Foundation said in an X article. ETH is
Bitmine (BMNR) to buy 10,000 ETH for $23.8 million from the Ethereum Foundation Read More »
President Donald Trump’s command of U.S. financial and economic policy may have taken a step closer now that his Justice Department has dropped an investigation into Federal Reserve Chairman Jerome Powell, meaning his nominee to replace Powell may now have an open path to confirmation. Fed chair nominee Kevin Warsh, whose considerable wealth includes some
Jane Street has asked a US court to dismiss a lawsuit filed by Terraform Labs’ bankruptcy estate, rejecting allegations that the trading company helped trigger the 2022 collapse of stablecoin TerraUSD (UST) and its sister token Luna. In two filings submitted Thursday to the Southern District of New York, Jane Street and several employees said
Jane Street asks court to dismiss Terraform claims related to UST-LUNA crash Read More »
The quantum attack Bitcoin has spent years dealing with, as tomorrow’s problem has become a little less theoretical. Quantum security startup Project Eleven says it has awarded its 1 bitcoin BTC$77,801.50 The Q-Day Prize was awarded to independent researcher Giancarlo Lelli on Friday after he cracked a 15-bit elliptic curve key on publicly available quantum
Researcher wins 1 bitcoin (BTC) for largest quantum attack on elliptic curve to date Read More »
No planes were repainted and no executives were sacked. Yet Wall Street, Washington and the aviation industry can’t stop talking about plans and deals that would fundamentally upend America’s airlines. The sector has been abuzz for weeks over mergers, partnerships and the government’s bailout plan. For what? Years of rising costs and low profits have
Why Everyone, Including Trump, Is Talking About Airline Mergers Read More »
