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Browsing Category
Crypto
Bitcoin Drop Driven By US Trade Deficit, China Banks
Key takeaways:Rising US trade deficits, insider stock sales, and weak Chinese banks heightened global investor caution.Whales and miners keep selling Bitcoin, but macroeconomic…
Musk’s lawyer Alex Spiro to chair $200M Dogecoin treasury company
Elon Musk’s attorney Alex Spiro is set to chair a new public company that aims to raise $200 million to invest in Dogecoin, according to a Fortune report citing six people familiar…
Pudgy Penguins Token Declines Sharply in August Amid NFT Market Downturn
Pudgy Penguins’ native token slipped on Friday despite the project’s new title ranking among Apple’s top downloads.The PENGU (PENGU) token fell by nearly 4% on Friday, following…
American Bitcoin to Go Public in Reverse Merger With Gryphon, Ticker ABTC
Gryphon Digital Mining, a publicly traded Bitcoin miner based in Las Vegas, Nevada, has received final shareholder approval to merge with American Bitcoin, a mining company linked…
Japan Prepares First Yen-Backed Stablecoin Amid Global Regulatory Shift
Japan was the first country to establish a regulatory framework for stablecoins. Yet, until now, it has taken a seemingly passive role in the technology, with no blockchain-based…
Eliza Labs Files Lawsuit Against Musk’s xAI Alleging Monopolistic Behavior
Agentic AI project Eliza Labs has filed a lawsuit against Elon Musk’s xAI, claiming that the AI company engaged in monopolistic practices meant to “deplatform” agentic AI…
Bitcoin whales rotate into Ether, despite $5B ETH validator exit queue
Bitcoin whales, or large tokenholders, are selling more of the world’s first cryptocurrency to gain exposure to Ether’s price.The move signals the market’s “natural rotation” into…
Ethereum Foundation Pauses Open Grants to Focus on Strategic Funding Model
After funding hundreds of projects with millions of dollars, the Ethereum Foundation is temporarily pausing the Ecosystem Support Program’s (ESP) open grant application process to…
Why Bitcoin Pivots No Longer Guarantee a Stock Pump
The number of Bitcoin (BTC) treasury firms keeps on climbing, but announcing a BTC strategy is no longer a guaranteed way to pump a company’s share price.The model was pioneered by…
Bitcoin Risks Losing $108,000 In A Month-End Sell-Off
Key points:Bitcoin sees a fresh round of selling at the Wall Street open, taking the price toward $108,000.Multiweek lows come thanks to whales offloading large tranches of BTC.US…