Tencent Pursues DeepSeek Stake at $20B+
Tencent and Alibaba are pursuing stakes in DeepSeek, aiming for a valuation over $20 billion amid high investor demand. Alibaba’s stock rose 2% on the news. #Update #Tech
Crypto News
General category for all types of news related to the cryptocurrency world.
JPMorgan Chase Raises S&P 500 Target to 2026
@JPMorganChase raises its S&P 500 target for 2026 to 7,600, citing stronger AI sector earnings and reduced geopolitical risks, with EPS estimates also increased. #Update #Finance
Iran Seizes Two Vessels in Gulf
Iran’s Revolutionary Guards seized two vessels in the Persian Gulf, signaling control over its security. April 30 regime fall market drops to 0.5% YES. #Update #Geopolitics
Crypto ETNs Launch Tax-Free Access for UK Investors
@Stratiphy has launched a tax-free route for UK investors to access crypto exchange-traded notes (ETNs) after the FCA lifted its ban, despite recent regulatory changes limiting eligibility. #Update #Crypto $BTC $ETH
Justin Sun Sues World Liberty Financial Over Tokens
Justin Sun, founder of TRON, has filed a lawsuit against World Liberty Financial in California federal court over the alleged freezing of his WLFI tokens and revocation of voting rights. #Update #Legal $TRX
Umbra Bans Front End to Combat Kelp Exploiters
@UmbraCash has taken down its front-end website to hinder hackers moving $800,000 in stolen funds after the Kelp protocol exploit. The protocol claims it can identify all stolen funds. #Update #Crypto
Bet365 Faces New Zealand Court Action
Three NZ High Court cases target @bet365, Super Group, and Skycity over offshore gambling. Bet365 challenges jurisdiction. Skycity faces class-action for player losses 2020-2026. #Breaking #Legal
Firefox Vulnerabilities Uncovered: 271 Found by AI
Mozilla reports Anthropic’s Claude Mythos AI identified 271 Firefox vulnerabilities; access restricted due to cybersecurity risks, highlighting potential for both defense and cyberattacks. #Update #Tech
Ripple Drives Institutional Crypto Adoption Surge
Ripple’s Cassie Craddock confirms institutional digital asset adoption is underway, with focus on infrastructure and real-world use cases highlighted at Paris Blockchain Week. #Update #Crypto $XRP
Iran Oil Shut-Ins Loom in 15 Days
Iran faces potential oil industry shut-ins in 15 days due to sanctions and war damage, increasing regime instability risk by 3% to 9%. #Update #Geopolitics
MicroStrategy Stock Soars as ANCFX Fund Invests $747M
@CapitalGroup’s American Funds Fundamental Investors fund (ANCFX) purchased $747M in @MicroStrategy stock (NASDAQ: MSTR), boosting holdings to $1.78B as MSTR shares rise over 23% amid Bitcoin accumulation. #Update #Crypto $BTC
Pakistan Diplomacy Lowers US-Iran Ceasefire Odds
Kevin Warsh’s Senate testimony raises US 10-year Treasury yields; Polymarket odds for a 25 bps Fed rate cut in April rise to 0.2% from 0%. #Update #Finance
ECB Launches AI for Accurate Inflation Forecasts
The European Central Bank (ECB) has integrated AI for inflation forecasting using a quantile regression forest model, enhancing real-time risk assessment and aiding post-pandemic economic management. #Update #Crypto $EUR
Crypto’s Clarity Act Survives Senate Calendar Crunch
April’s timeline for the U.S. Senate’s crypto Clarity Act faces delays, with potential committee hearings in May; final vote needed by July amid stablecoin yield concerns. #Update #Crypto $BTC