Binance co-founder Changpeng “CZ” Zhao took to social media on Monday to counter a series of claims he called “pretty fanciful FUD” targeting himself and his former exchange as the main culprit of the dismal crypto price action. FUD – short for “fear, uncertainty and doubt” – is a term widely used in crypto to […]
CZ Pushes Back Against Binance ‘FUD’ As Blame For Crypto Crash Continues Read More »
SpaceX, the rocket company founded by Elon Musk, has acquired xAI, the artificial intelligence company founded by Elon Musk. “Current advances in artificial intelligence rely on large ground-based data centers that require massive amounts of power and cooling,” wrote Elon Musk announcing the merger. “Global AI electricity demand simply cannot be met with terrestrial solutions,
A White House meeting aimed at thawing the crypto market structure bill broke into the controversial topic of stablecoin dividends, although participants representing US banking interests offered no new compromises, according to people familiar with the talks. As the legislation still struggles to make progress in the U.S. Senate, the White House is calling for
White House crypto meeting dug into stablecoin dividend debate on market structure bill Read More »
Igor Runets, who founded Russia’s largest crypto mining company BitRiver, is under house arrest on tax evasion charges, Bloomberg reported Monday. Runets was detained on Friday and faces three charges of allegedly hiding assets to evade taxes. Runets’ legal team now has a small window to appeal the house arrest before it is carried out
Russia’s cryptomining pioneer Igor Runets placed under house arrest on tax charges Read More »
Cboe Global Markets confirmed it is developing a new option-based product offering all-or-nothing payouts, a structure that could put the exchange in direct competition with prediction markets such as Polymarket, Kalshi, Robinhood and Coinbase. Cboe, the primary venue for options trading and famous for creating the Cboe Volatility Index (VIX), is in early talks with
GameStop ( GME ) is planning a high-stakes acquisition that could involve swapping out its bitcoin BTC$78,503.27 holding for a bold effort in the consumer sector. In an interview with CNBC last week, CEO Ryan Cohen said the company plans to acquire a publicly traded consumer company that is “very, very, very large” — one
GameStop’s ( GME ) Ryan Cohen is moving on to other acquisition targets Read More »
Shares of browser maker Opera rose more than 17% after the opening bell after the company announced it is expanding support for Tether’s USDT stablecoin and tether gold (XAUT0) in its self-custodial crypto wallet MiniPay. The move provides broader access to dollar-backed and gold-backed cryptocurrencies for millions of users in emerging markets. Shares of Opera
Opera shares jump 17% after announcing expanded support for Tether tokens Read More »
Bitcoins BTC$78,514.36 An 11% drop last week may be the least of investors’ worries. That’s a price of around $58,000, another 25% below current levels, they should be aware. While the major cryptocurrency’s recent crash, biggest weekly drop since March 2025 and inability to attract buyers has many holders worried about another so-called crypto winter,
Bitcoin has a line in the sand that has saved every bull market since 2015 Read More »
Trading just below $79,000 in midday US trading on Monday, bitcoin BTC$78,805.27 has rebounded from its worst weekend level below $75,000. At $78,700, BTC is up 2% over the past 24 hours and up 7% from the weekend’s weakest price, but still up more than 10% on a week-over-week basis. Ether ETH$2,370.79 is also up
BTC returns to $79,000 but HOOD, COIN, MSTR remain significantly lower Read More »
Bed Bath & Beyond ( BBBY ) shares rose 7% on Monday after the relaunched retailer announced its intention to acquire Tokens.com and launch a platform focused on asset tokenization, starting with real estate. The plan is to build a platform where people can leverage the value of their homes or other assets, turning equity
Bed Bath & Beyond (BBBY) jumps 7% on deal to tokenize real estate with Tokens.com buy Read More »
