Entering 2025, all eyes were on what crypto-based ETFs could find approval throughout the course of the year. With a revamped US Securities and Exchange Commission (SEC), many had expectations…
Key Points:Elon Musk, CEO of Tesla, to cut political donations, citing “I’ve done enough.”Musk indicates potential future involvement but sees no current reason.Announcement follows financial and strategic shifts in Tesla…
This is a segment from The Breakdown newsletter. To read full editions, subscribe.“Trust is one of the greatest economic forces on Earth.”— Charlie MungerWhat money will the world trust next?The Spanish…
"Sell in May and go away," goes the Wall Street adage for equity markets every summer. For bitcoin , though, some analysts say this season could mark a break from…
Binance has asked a Delaware court to throw out a
$1.76 billion clawback lawsuit filed by the FTX estate, arguing that the
now-bankrupt crypto exchange is targeting the wrong party. According to…
The U.S. Securities and Exchange Commission (SEC) has postponed making a decision on 21Shares's proposal to launch a spot-based XRP exchange-traded fund (ETF). The holders of the token should not…
Five years ago, Brian Armstrong wanted employees of his cryptocurrency exchange to refrain from expressing political views at work. Now, the Coinbase CEO seems to be open to involvement with…
In brief
Nvidia has positioned itself as an AI infrastructure company, with CEO Jensen Huang declaring that data centers are now "AI factories" producing valuable tokens.
NVLink Fusion delivers up to 1.8…
After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald Trump’s memecoin, allowing…
Key takeaways:Bitcoin futures open interest hit a record $72 billion, signaling rising use of leverage among institutional investors.$1.2 billion in shorts at $107,000 to $108,000 are at risk of liquidation,…