Friday’s expiry follows bitcoin’s surge from $62,000 to $80,000, leaving market makers with increased exposure to manage around several key strike prices. …
Billion
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Nvidia is in talks to make one of its boldest artificial intelligence bets yet, negotiating an investment in Perplexity that would value …
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In brief SpaceX plans to invest $100 billion in a new spaceport in Vermilion Parish, Louisiana, on land acquired from Exxon. Construction …
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Finance
$400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares
by shayaanby shayaanNasdaq-listed Digital Currency X Technology Inc. is asking shareholders to approve a 160-for-1 reverse stock split, also known as a share consolidation, …
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Scams
Hugging Face Explores $13 Billion Sale a Month After a Rogue OpenAI Agent Hacked It
by shayaanby shayaanIn brief Hugging Face is working with a bank to gauge buyer interest in a sale that could value the AI developer …
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Finance
Bitwise Draws $1.8 Billion in Inflows Despite Crypto Bear Market, Tom Lee Flags Trend
by shayaanby shayaanFundstrat’s Tom Lee highlighted the asset manager’s inflows as a sign of resilient demand amid falling crypto prices. Bitwise has pulled in …
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Mining
Riot Platforms locked in a $9.1 billion Anthropic deal, but its bridge loan expires before the rent starts
by shayaanby shayaanRiot Platforms has secured up to $573 million of interim financing for the $9.1 billion>Bitcoin miner expects the project to start generating …
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Markets
Crypto’s next billion users might be AI agents, and they’re paying with stablecoins
by shayaanby shayaanAccording to Coinbase’s head of AI product, we’re currently in the “Napster/LimeWire era” of agentic payments. www.coindesk.com
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Markets
Crypto card spending tops $1 billion as stablecoins move into everyday purchases
by shayaanby shayaanTracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid …
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Markets
Strategy sits on $1.4 billion profit on bitcoin holdings as price surges
by shayaanby shayaanStrategy’s common stock rose 10% in Friday pre-market trading to $120, the highest level in two months. www.coindesk.com