News
Grayscale's Third Hyperliquid ETF Amendment Eyes Staking Edge Over Bitwise, 21 Shares
1+ day, 8+ hour ago (397+ words) Grayscale Investments filed a third amendment to its Hyperliquid (HYPE) exchange-traded fund (ETF) registration with the US Securities and Exchange Commission (SEC) on Friday, according to Bloomberg analyst James Seyffart, as the asset manager moves closer to potential launch. The…...
Tom Lee's BMNR: $8 B Underwater, Russell 1000 Bound
5+ hour, 27+ min ago (281+ words) Tom Lee's Bitmine Immersion Technologies (BMNR) holds roughly 5. 8 million Ethereum (ETH) tokens, a position that has now translated into nearly $8 billion in unrealized losses." The pressure around that position has spilled into the market debate. Crypto trader Rekt Fencer"argued…...
Seizing Ayatollah's Bitcoin: America's New Fort Knox Plan Races The Midterm Clock, Says Congressman Begich
5+ hour, 51+ min ago (1644+ words) Republican lawmakers are reportedly working to enact legislation that would formally establish a U. S. Strategic Bitcoin Reserve (SBR), according to Congressman Nick Begich (R-AL). Speaking in an'exclusive interview with Fox Business, Begich referred to the plan as "the new Fort Knox…...
Adam Back Warns Memecoins Are Going To Zero Amid "Hyperbitcoinization" " Dogecoin Rallies Higher
8+ hour, 2+ min ago (341+ words) Adam Back said on Sunday that the "efficient market" was coming for memecoins, smart-contract coins, and "air tokens," as the Blockstream CEO argued that speculative crypto sectors were increasingly losing ground to Bitcoin (BTC). "Buy bitcoin, hodl, repeat," Back, the…...
Mc Kinsey Reports: For Every $1, 000 In USDC, Banks Lose $850 In Funding
9+ hour, 19+ min ago (249+ words) On Thursday, Mc Kinsey released a report with an estimation that if users convert $1, 000 in bank deposits into third-party stablecoins such as Circle's USDC and Tether's USDT, only $150 would flow back to banks as interbank reserves, while the remaining $850 would…...
Peter Schiff Says Whales Are Dumping Bitcoin, But Whale Transactions Just Hit A 4-Month Low
10+ hour, 43+ min ago (416+ words) Peter Schiff, a longtime critic of Bitcoin (BTC), turned his bearish focus on the asset on Saturday, calling it a "pyramid scheme" again. But the on-chain data paints a more complex picture than his framing suggests. Schiff's latest comment came…...
Nvidia CEO Jensen Huang Is Flying To Taiwan Nearly Every Month Asking For More GPUs " The Answer Remains Not Yet
11+ hour, 18+ min ago (661+ words) Chief executive Jensen Huang told investors on Nvidia's ($NVDA) earnings call that customers are on track to spend $3 to $4 trillion on AI infrastructure by the end of the decade. According to Michael Parekh, a former Goldman Sachs executive who now…...
AI Agent Drafts Space X IPO Memo For Just Over A Dollar, Circle CEO Wants You To Notice The Currency
11+ hour, 35+ min ago (256+ words) Circle (CRCL) Chief Executive Jeremy Allaire said "the agentic economy has arrived" on Saturday after an artificial intelligence (AI) agent generated a detailed Space X (SPACE. X) initial public offering (IPO) memo for just $1. 87 in USD Coin (USDC). Allaire'highlighted the experiment…...
Cathie Wood's ARK Sells Chip Giants, Buys The Dip In Crypto Exchange Bullish And Two Others
1+ day, 5+ hour ago (373+ words) Cathie Wood's ARK Invest rebalanced its actively managed exchange-traded funds on two consecutive days this week, cutting positions in two of the world's largest semiconductor names while adding to positions in crypto exchange Bullish (BLSH)." The firm purchased 99, 580 shares of…...
Ethereum-Focused SBET And BMNR Join Russell 3000 Index, Following MSTR's Playbook
1+ day, 8+ hour ago (200+ words) The Russell 3000 Index has been reconstituted for the year, and two of the largest Ethereum (ETH) treasury companies, Sharp Link Gaming (SBET) and Bit Mine Immersion Technologies (BMNR), have been added to the index. SBET and BMNR both receive index…...