Why this matters: Pal argued that AI and blockchain are converging into a new infrastructure layer for the global economy. Pal said humanity is approaching a moment when AI systems become “superior intelligence” that will fundamentally change work, the economy and everyday life. He described crypto as the ownership layer of the future economy, allowing […]
A South Korean funeral company has reported an unrealized loss of about 45 billion won ($33 million) linked to investments in leveraged ether (ETH) exchange-traded funds (ETFs). Seoul-based Bumo Sarang, Korean for parental love, invested in the T-REX 2X Long BMNR Daily Target ETF (BMNU), a leveraged exchange-traded fund managed by Tuttle Capital Management that
South Korean funeral firm reveals $33 million loss on leveraged ether ETF bets Read More »
The U.S. central bank took another step toward special limited payment accounts that would provide a lighter version of the master account services the central bank offers its full-fledged banks, opening a comment period on the latest description of the new accounts. Companies with different business models can use such accounts to clear and settle
Federal Reserve Proposes Limited Master Accounts Long Pursued by Crypto Firms Read More »
Bitfinex Bitcoin longs tops 80,636 BTC as price slips
Bitfinex Bitcoin longs tops 80,636 BTC as price slips Read More »
Prediction market provider Polymarket filed an application on Wednesday to list parlays in sports event contracts in the United States, according to a self-certification report to the Commodity Futures Trading Commission. Polymarket filed a list of “combinatorial outcome contracts” on Wednesday, describing these event contracts – the official term for prediction markets – as a
Polymarket moves to list parlays as SEC seeks public input on predictive market ETFs Read More »
Could Bitcoin Price Rise To $95K As Analyst Points To Bullish MVRV Setup?
Could Bitcoin Price Rise To $95K As Analyst Points To Bullish MVRV Setup? Read More »
Nvidia ( NVDA ) posted another blockbuster quarter on Wednesday as demand for artificial intelligence infrastructure pushed revenue, profit and cash flow to record levels. The chipmaker reported first-quarter revenue of $81.62 billion, up 85% from $44.06 billion a year earlier and above Wall Street estimates of $78.9 billion, according to FactSet data. Adjusted earnings
Bitcoin miners surge as Nvidia posts big earnings beat and strong outlook Read More »
Bitcoin seizure reaches 1,000 BTC in Irish drug case
Bitcoin seizure reaches 1,000 BTC in Irish drug case Read More »
SpaceX officially confirmed plans to go public on Wednesday, setting the stage for what could be the largest initial public offering in history and potentially pushing CEO Elon Musk toward becoming the world’s first trillionaire. The rocket and satellite internet company filed its S-1 filing with the US Securities and Exchange Commission, giving investors their
Elon Musk’s SpaceX has 18,712 bitcoins worth $1.29 billion, IPO shows Read More »
Is Bitcoin’s $60,000 Bottom Still Holding? K33 says this cycle is different
Is Bitcoin’s $60,000 Bottom Still Holding? K33 says this cycle is different Read More »
