Allbirds Stock Soars on AI Rebranding
Allbirds rebrands to Smartbird, appointing Nadia Carlsten as CEO; shares rise 52% after selling shoe business and boosting financing to $100M for AI pivot. #Update #Business
Crypto News
General category for all types of news related to the cryptocurrency world.
Senators Ban Bankman-Fried Pardon Proposal
Senators Ruben Gallego and Cynthia Lummis introduce a resolution to deny clemency for Sam Bankman-Fried, citing his lack of remorse in a major fraud case. #Update #Legal $BTC
Bitgo Europe Launches MiCAR-Compliant Crypto Solution
@Bitgo Europe launches a MiCAR-compliant CaaS platform for EU VASPs, offering custody insurance up to $250M. Poland faces a 2026 deadline as Lithuania’s regime expired. #Update #Crypto
Federal Reserve Meeting Focuses on Communication Strategy
Kevin Warsh’s first Federal Reserve meeting may focus on communication rather than interest rates, with Bank of America predicting unchanged rates through 2026 amid rising inflation risks. #Update #Crypto $BTC $ETH
CoinMENA Launches UAE Payment Rails with Standard Chartered
@CoinMENA partners with Standard Chartered to enhance fiat payment infrastructure in the UAE, improving liquidity and transparency for crypto transactions. #Update #Crypto $USDT
Bittensor Proposal Transforms Validators into Fund Managers
@Bittensor proposes validators support selected subnets, reinvesting yields to reduce selling pressure. Early reviews flagged issues, now addressed. $TAO down 28% in a year. #Update #Crypto $TAO
World Cup Markets Surge to $3B
Polymarket logs $2.54B in World Cup bets with France at 18% odds; Kalshi shows France at 19.2%, Portugal third at 11%. #Update #Crypto
UNI Surges 23% on Forecast Buzz
Uniswap’s $UNI surged 23% to $3.60, marking a 50% weekly recovery. Standard Chartered forecasts $100 by 2030, but critics question valuation methods. #Update #Crypto
Inveniam Acquires Mantra After OM Crash
Data infrastructure company @InveniamCP plans to acquire layer-1 blockchain @Mantra following a $20M investment in August 2025, expanding its focus on tokenized real-world assets. #Update #Crypto $OM
Crypto Infrastructure Set to Generate Trillions
Many experts, including @CharlesHoskinson, predict AI agents will surpass human relevance by 2035, yet compliance issues hinder their integration in finance. #Update #Crypto $ADA
Equity Pullback Creates Real Opportunity in Sectors
Morgan Stanley CIO Mike Wilson identifies emerging investment opportunities amid the S&P 500 pullback, highlighting consumer discretionary goods, transports, and regional banks as sectors poised for greater gains. #Update #Crypto $BTC (+5) ↗
CBDC Ban Through 2030 in Housing Deal
The U.S. Senate Banking and House Financial Services committees updated the 21st Century ROAD to Housing Act, temporarily banning a central bank digital currency (CBDC) until December 31, 2030. Legal
Fed Rate Decision Sparks Trump Market Clash
Kevin Warsh’s first FOMC meeting on June 17, 2026, is expected to keep interest rates unchanged amid rising inflation and political pressure from Trump. Implications for cryptocurrencies are under scrutiny. #Update #Crypto
Kalshi Bypasses Nevada Ban $120K Daily
The Nevada Gaming Control Board seeks $120,000 daily fines against @Kalshi for violating a geofencing order, allowing Nevada users to buy banned contracts. #Breaking #Legal