Category Archive: Cryptocurrency, No picture
FBI seizes Polymarket CEO’s phone following Trump election prediction
Key Takeaways Federal agents seized electronics from Polymarket CEO Shayne Coplan’s residence after the platform predicted Trump’s election win. The seizure might be politically motivated, despite no official reason being provided for the raid. Share this article Federal agents seized electronic devices from Polymarket CEO Shayne Coplan’s Soho residence early Wednesday morning, a week after […]
Elon Musk defends Dogecoin’s inflationary model
Key Takeaways Elon Musk supports Dogecoin’s inflationary model, stating it’s a feature. Dogecoin’s market value has exceeded Ford, Adidas, and Roblox. Share this article Elon Musk defended Dogecoin’s inflationary model, stating that its flat inflation is “a feature, not a bug.” His comment came as a response to a recent tweet from Shibetoshi Nakamoto, also […]
BlackRock’s Bitcoin ETF joins top 1% of ETFs by size, hits $40 billion milestone in record time
Key Takeaways BlackRock’s Bitcoin ETF reached $40 billion in assets in just 211 days, setting a new speed record. IBIT is now larger than all ETFs launched in the past decade, ranking in the top 1% by size. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) has amassed $40 billion in assets under management just […]
BlackRock expands BUIDL fund access across Aptos, Arbitrum, Avalanche, Optimism, and Polygon
Key Takeaways BlackRock expanded its BUIDL fund to include Aptos, Arbitrum, Avalanche, Optimism, and Polygon. The BUIDL fund became the world’s largest tokenized fund by assets under management in under 40 days. Share this article BlackRock announced the expansion of its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) across five additional blockchain networks: Aptos, Arbitrum, […]
Solana meme coin $PNUT soars to $1 billion market cap after Binance listing
Key Takeaways PNUT’s market cap surpassed $1 billion within 48 hours due to a Binance listing. 60% of Binance’s meme coin listings are Solana-based, with significant market growth observed. Share this article Peanut the Squirrel (PNUT), a newly launched meme coin on the Solana blockchain, has surged past $1 billion in market cap in less […]
Trump says Elon Musk, Vivek Ramaswamy will lead Department of Government Efficiency (DOGE)
Key Takeaways Donald Trump plans to nominate Elon Musk and Vivek Ramaswamy for a new Department of Government Efficiency. The department aims to save $2 trillion in tax spending by auditing and reforming federal operations. Share this article President-elect Donald Trump is picking tech entrepreneur Elon Musk and biotech executive Vivek Ramaswamy to lead a […]
Apple to launch Sam Bankman-Fried film with A24 studio
Key Takeaways Apple and A24 are adapting Michael Lewis’s ‘Going Infinite’ into a film about FTX and its founder. The film will focus on the rise and fall of FTX and Sam Bankman-Fried’s legal troubles. Share this article Apple Studios and A24 are developing a film around infamous FTX founder Sam Bankman-Fried, according to a […]
Canary Capital files S-1 for Hedera HBAR spot ETF
Key Takeaways Canary Capital filed an S-1 registration for a new ETF providing regulated HBAR exposure. Security measures for the HBAR ETF include cold storage with 24/7 monitoring and multi-authentication. Share this article Canary Capital has filed an S-1 registration statement for a new HBAR ETF, aiming to provide investors with exposure to Hedera’s HBAR […]
Amazon steps up AI chip development to cut dependence on Nvidia
Key Takeaways Amazon is developing Trainium 2 AI chips to reduce reliance on Nvidia. Amazon’s capital spending is expected to rise from $48.4 billion to $75 billion in 2024. Share this article Amazon is developing new artificial intelligence chips to boost returns on its semiconductor investments and reduce dependency on Nvidia, as reported by the […]
What a US Strategic Bitcoin Reserve could look like under Trump’s presidency
Key Takeaways Trump’s campaign promise of a US Bitcoin reserve raises questions on its potential impact and implementation. Senator Cynthia Lummis’s Bitcoin Act proposes a strategic reserve, outlining an ambitious plan for the government to acquire up to 1 million BTC over five years. Share this article With Donald Trump’s recent election as President of […]
