Business

Trump’s CFTC pick, Mike Selig, clears hurdles on path to confirmation vote

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Just a day after Mike Selig’s confirmation hearing to become President Donald Trump’s next chairman of the U.S. Commodity Futures Trading Commission, the Senate Agriculture Committee advanced his name to a final vote by the full Senate, bringing him that much closer to becoming a major regulator of the crypto industry. Nominee Selig, a senior […]

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Bridgewater Founder Ray Dalio Says He Holds About 1% of BTC Wealth

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Bridgewater Associates founder Ray Dalio who has said in the past that he owns Bitcoin BTC$92,123.27gave a clearer figure, saying it has been around 1% of its portfolio for some time. However, the hedge fund tycoon said bitcoin still faced significant structural challenges before it could realistically be considered a global reserve asset. “I own

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HBAR plunges 3% below support as crypto market plunges

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HBAR slipped to $0.1373, decisively breaking its established support of $0.145 after failing to hold its consolidation range. The token’s late session sell-off confirmed the move from a neutral structure to a clearly bearish setup as price action deteriorated into the close. Liquidity has fractured sharply over the past hour, including a brief trading halt

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Ethereum Blockhain’s Fusaka Upgrade Signals a New Era for Value Accumulation: Fidelity Digital Assets

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Fidelity Digital Assets said the Fusaka upgrade of the Ethereum blockchain marks a decisive shift towards a more strategically aligned and economically coherent roadmap. Fusaka, a mix of the names Fulu and Osaka, includes two simultaneous changes to Ethereum’s consensus and execution layers, and is expected to take place in December. For years, Ethereum’s development

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Core Foundation Obtains Injunction Against Maple Finance for Alleged Privacy Violation

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Core Foundation, the creator of the yield token lstBTC, has obtained an injunction against Maple Finance for alleged breach of confidentiality related to their partnership in bringing the token to market. The Grand Court of the Cayman Islands has issued an injunction prohibiting Maple Finance from finalizing its own liquid staking token, syrupBTC, or trading

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Securitization leverages Plume to expand global reach of real assets

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Plume, the RWA-focused modular Layer 2 blockchain, announced on Wednesday that tokenization giant Securitize is set to expand its footprint in DeFi by deploying institutional-grade assets on Plume’s Nest staking protocol. The partnership, highlighting the growing convergence of traditional financial infrastructure and DeFi, will connect the tokenized funds of BlackRock and Morgan Stanley, backed by

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Bitcoin Miner CIFR adds to gains made by Nvidia after new HPC deal

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Cipher Mining (CIFR) announced a new 10-year HPC hosting agreement with Fluidstack that adds 56 MW of additional capacity at its Barber Lake site in Texas. The agreement secures approximately $830 million in contracted revenue over the initial term and extends Fluidstack’s lease to the 300 MW available at the site. With two optional five-year

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BTC miners are the biggest beneficiaries of NVIDIA’s stellar profits

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After NVIDIA (NVDA) topped its third-quarter earnings and issued a strong fourth-quarter outlook, artificial intelligence (AI) and high-performance computing (HPC)-related stocks surged in premarket trading. The beat on expectations helped ease recent market jitters caused by delays in U.S. jobs data, dwindling expectations for rate cuts and a 30% decline in bitcoin from its all-time

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