Microsoft values its stake in OpenAI at $135 billion, a quarter of the new group
Microsoft has disclosed that its stake in OpenAI is valued at $135 billion, which is roughly equivalent to about a quarter of the new OpenAI...
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XRP faces a decline after rejection at $2.67 and the Fed’s rate cut
XRP failed to overcome the $2.67 barrier and now faces a possible deeper decline after the Federal Reserve’s rate cut. The cryptocurrency stalled in the...
Fidelity pressures the SEC with changes to its Solana ETF including staking
by Mason Clarke
Fidelity has updated its S-1 filing for a Solana ETF by removing the “delay clause” and including plans to stake almost all of the fund’s...
Hong Kong imposes restrictions on the use of cryptocurrencies in corporate funds
Hong Kong is tightening its control over cryptocurrency investments by listed companies. The Securities and Futures Commission (SFC) has begun rejecting applications from companies that...
Avalanche expands into Japan: TIS Inc. launches tokenized platform handling ¥300 trillion
by Luis Malavé
TIS Inc., Japan’s largest payment processor, has announced the launch of its new TIS’s Multi-Token Platform on Avalanche. This strategic move utilizes the AvaCloud infrastructure...
Warren and Sanders Decry “Dangers” of Cryptocurrency in 401(k) Funds Pushed by Trump
by Luis Malavé
Senators Elizabeth Warren and Bernie Sanders, along with other Democrats, have raised alarms about the Trump administration’s recent policy. This week, they sent a joint...
TeraWulf (WULF) boosts its AI future with a $500 million convertible note offering
by Luis Malavé
TeraWulf, the well-known Bitcoin mining company, announced a key strategic move this Wednesday. It plans a private offering of $500 million in senior convertible notes....
Elon Musk’s AI projects Bitcoin at $120,000 after second Fed rate cut
by Luis Malavé
Grok, Elon Musk’s artificial intelligence, projects new momentum for Bitcoin and XRP. This forecast comes after the U.S. Federal Reserve (Fed) announced its second consecutive...
Federal Reserve cuts rates 25 points for the second time; Bitcoin reacts with volatility
by Luis Malavé
The U.S. Federal Reserve (Fed) confirmed its second consecutive rate cut this Wednesday. The decision reduces interest rates by 25 basis points. The new range...
Analysts predict silver to rise 4% for every 1% gold gain in supercycle
by Logan Pierce
Central banks are steadily accumulating gold. This action lays the groundwork for a new precious metals supercycle. However, analysts like Rashad Hajiyev suggest silver could...