Bitcoin Reserve Enshrined in Proposed ARMA Bill
Reps. Nick Begich and Jared Golden propose the American Reserve Modernization Act to codify a strategic Bitcoin reserve into federal law, aiming for a 20-year management. #Update #Crypto $BTC
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Nvidia Stock Dips 12% BofA Recommends Buy
Bank of America reiterates a “buy” on Nvidia, raising its target to $350 after record Q1 revenue of $81.6 billion, despite stock decline. #Update #Finance
Blockchain.com Launches IPO Amid Crypto Surge
Blockchain.com files for a U.S. IPO, joining crypto firms like Kraken and Ledger in seeking public offerings; details on share price and amount remain undisclosed. #Update #Finance
Terraform Accuses Jane Street of Telegram Manipulation
Terraform Labs’ administrator accuses Jane Street of insider trading via secret Telegram chat, allegedly dumping $192M TerraUSD before its collapse. #Breaking #Legal @TerraformLabs
Bitcoin Banned in Sinaloa Cartel Sanctions
The U.S. Treasury sanctioned individuals linked to the Sinaloa Cartel for crypto-fueled fentanyl trafficking, adding six Ethereum addresses to the OFAC list. #Breaking #Legal @USTreasury
Artificial Womb Nears Breakthrough Colossal CEO
@ColossalBiosciences achieves 100% development rate with artificial womb platform, nearing completion. Chemical signaling remains a challenge. Not yet part of woolly mammoth plans. #Update #Tech
Bitcoin Boosts SpaceX IPO with $1.45B
SpaceX’s IPO filing reveals a $1.45 billion Bitcoin position, maintaining 18,712 BTC since 2024, amid a $955 million gain last year. #Breaking #Crypto $BTC
SpaceX Launches AI Space Infrastructure Giant
SpaceX files for IPO, absorbing xAI and X, with Elon Musk retaining control through dual-class shares; targets $1.75 trillion valuation. #Update #Space
Malware Surges in Software Pipelines
Shai-Hulud malware affects 320 npm and PyPI packages, impacting GitHub Actions and software workflows. @OpenAI and @Microsoft report incidents. #Update #Cybersecurity
Bitcoin Boosts Fairshake PAC Primary Wins
Fairshake PAC claims victory as six congressional candidates win primaries with $20M crypto support, all endorsed by Trump, highlighting his influence over GOP voters. #Update #Politics
Alibaba AI Qwen 3.7 Max Launches
Alibaba’s Qwen 3.7 Max ranks #13 globally in text AI, debuting on Arena AI before the Alibaba Cloud Summit. The Plus variant will be open-source, while Max remains proprietary. #Update #AI
Bitcoin Treasury Firm Acquired in SoftBank Deal
Tether acquires SoftBank’s stake in Twenty One Capital, consolidating control over the Bitcoin-buying firm; XXI’s stock up 5%, market cap $5.2B.
Hyperliquid HYPE Surges 101% Growth
Hyperliquid’s $HYPE token is up 101% YTD, decoupling from Bitcoin’s 12% decline, driven by diversified revenue and institutional interest like Bitwise’s ETF filing. #Update #Crypto
Bitcoin ETF Application Pulled by Truth Social
Trump Media & Technology Group withdraws Bitcoin and Bitcoin-Ethereum ETF applications, citing regulatory strategy shift amid competitive U.S. spot Bitcoin ETF market. Crypto $BTC