Casper Network publishes the Casper Manifesto, a multi-year roadmap for real-world power-regulated assets and the machine economy
Shopping giant eBay has rejected video game retailer GameStop’s ambitious $56 billion takeover bid, leaving the latter to decide whether to walk away, raise its bid or take the fight directly to shareholders. EBay’s board called the half-cash, half-equity offer “neither credible nor attractive” on Tuesday, according to Reuters, citing doubts about financing and arguing
EBay rejects GameStop’s $56 billion bid as bitcoin exposure returns to focus Read More »
US inflation data came in hotter than expected on Wednesday, reinforcing expectations that the Federal Reserve will keep interest rates steady at 350-375bps, not only at the June 17 meeting but also likely through the end of the year. The consumer price index (CPI) rose 3.8 year-on-year% in April, according to a report from the
The Depository Trust & Clearing Corporation (DTCC) will use Chainlink infrastructure for its blockchain-based security management platform, expanding previous work between the firms for one of Wall Street’s core risk management functions. The firm said its Collateral AppChain will use Chainlink’s Runtime Environment (CRE) and data standard to support pricing, valuation, margining, collateral optimization and
This is an excerpt from CoinDesk’s ‘Diary’ newsletter. Sign up here if you haven’t already. Bitcoins BTC$80,621.04 rally stalled in the $80,000-$82,000 range, where it has largely been trading since last Wednesday. While fund flows continue to point towards a possible breakout, macro risks, especially inflation, point to caution. The US is scheduled to report
The broader crypto market ticked lower Tuesday with bitcoin BTC$80,636.06 down 1% since midnight UTC to $80,800 and ether (ETH) lost 2% to $2,290. U.S. stock futures also fell after U.S. President Donald Trump said the ceasefire with Iran was “on massive life support,” sending Brent crude oil up to $107 a barrel. barrel and
Bitcoin, ether fall as traders react to rising Middle East tensions Read More »
Online marketplace eBay on Tuesday rejected a proposal by GameStop to combine with the company in a cash and stock deal valued at about $55 billion, calling it “neither credible nor attractive.” GameStop last week announced its proposal to combine with eBay, a company nearly four times its size. The offer has confused much of
EBay rejects GameStop’s $55 billion takeover bid Read More »
Alternative investment vehicles such as exchange-traded funds (ETFs), led by BlackRock’s IBIT, keep track of bitcoin’s price. It is well known by now. But another ETF from the betting world has moved in lockstep with bitcoins BTC$80,984.66 cycles since 2020 with an interesting pattern that appears to the naked eye to show leading signals for
A sports betting ETF bitcoin traders might want to look Read More »
If it seems like a big part of your life has a subscription now — your TV, your car, even your white noise machine — you’d be right. Take Eleanor Lewis, a 35-year-old software engineer in Brooklyn, who’s paying for a video game she’s no longer interested in. She’s subscribed to D&D Beyond — a
Why your life is now on subscriptions Read More »
Galaxy Digital (GLXY) and Sharplink (SBET) are teaming up to put a portion of the latter’s staked ETH coffers into decentralized finance (DeFi) strategies. The Galaxy Sharplink Onchain Yield Fund will receive $100 million from Sharplink’s staked ETH fund and $25 million from Galaxy, the companies said. Galaxy will manage the investment, which is expected
Galaxy Digital to manage Sharplink’s new $125 million onchain dividend play Read More »
