In brief Circle’s CRCL shares dropped 20% on Tuesday following a recent surge in value for the firm’s stock. Stablecoin giant Tether …
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Markets
Fairshake's $10 million Illinois misfire marks first big hitch in crypto political surge
by shayaanby shayaanThe crypto sector’s leading political action committee devoted more than 5% of its war chest trying to defeat a Senate candidate who …
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Smart Contracts
How Florida’s Stablecoin Bill Mirrors ‘Big Brother’ Tools Outlawed Under Ron DeSantis’ CDBC Ban
by shayaanby shayaanIn short Gov. Ron DeSantis of Florida, an outspoken critic of government surveillance through CBDCs, could sign a bill that gives Florida …
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Markets
Bitcoin rises to $69,000, stocks reverse big early losses, as crude oil sinks back below $100
by shayaanby shayaanWTI crude oil, which soared nearly 30% to $120 per barrel overnight, has pulled back to $95, easing pressure on risk assets. …
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Markets
Bitcoin could be the big winner if the U.S.-Iran conflict drags on for months
by shayaanby shayaanMacro strategist Mark Connors says war-driven spending, rising debt and lower interest rates could support bitcoin. www.coindesk.com
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Finance
Ex-OpenAI researcher’s hedge fund reveals big Bitcoin miner bets in new SEC filing
by shayaanby shayaanLeopold Aschenbrenner has built a US stock portfolio heavily concentrated in companies that supply the power and infrastructure behind the artificial intelligence …
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DeFi
DigiFT CEO says DeFi must become ‘institutional grade’ to attract big money
by shayaanby shayaanDecentralized finance has long promised open financial markets that anyone can access without intermediaries. Despite the rapid growth of crypto infrastructure, large …
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Adobe shares rose 3% in intraday trading on Tuesday following unconfirmed reports that Michael Burry, the investor who famously predicted the 2008 …
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Smart Contracts
Big Tech Joins White House Energy Pledge as Iran Tensions Threaten Higher Costs
by shayaanby shayaanIn short Seven major tech companies have signed a White House pledge to pay for energy tied to AI data centers. Companies …
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On March 2, Bitcoin (BTC) reclaimed the $69K psychological level after a week of volatility that saw its price drop to $62K. …