Elon Musk Sells X to AI
Elon Musk transfers @X ownership to @xAI, valuing xAI at $80B and X at $33B, amidst ongoing U.S. court lawsuit against him #Update #Legal (+3) ↗
Crypto: FDIC Updates Bank Activity Guidelines
The Federal Deposit Insurance Corporation (FDIC) now allows banks to engage in crypto activities without prior approval, easing previous restrictions and promoting innovation in digital assets. #Update #Crypto $BTC (+6) ↗
Game Revival Gunzilla Resurrects Game Informer
@GunzillaGames acquires Game Informer, reviving the iconic gaming magazine to align with its Web3 plans and support the GUNZ network launch. #Update #Gaming (+4) ↗
Ethereum Plummets Analyst Predicts 1200 Target
Ethereum analyst at @NewsBTC targets $1,200 amid market fluctuations, highlighting potential price action for $ETH. #Update #Crypto $ETH (-3) ↘
Tether Revolutionizes Content with $10.8M Investment
@Tether_to invests $10.8M in Be Water, acquiring a 30.4% stake to innovate content production and distribution, marking its expansion into media technologies. #Update #Media (+6) ↗
Crypto Whale Loses $15.7M on TRUMP Memecoin
A crypto whale’s losses on $TRUMP memecoin have ballooned to $15.7 million after exiting three losing trades in a row, per @Lookonchain. #Breaking #Crypto $TRUMP (-9) ↘
Ukraine Unveils Crypto Oversight Model
Ukraine introduces a new crypto regulatory model with NSSMC overseeing most assets and NBU regulating E-Money Tokens, aiming for legalization by mid-2025. #Update #Legal (+3) →
Trump Pardons Bitcoin Billionaire Hayes
Three @BitMEX co-founders, including Arthur Hayes, were pardoned by President Trump after pleading guilty to Bank Secrecy Act violations; each paid $10M fines. #Breaking #Legal (+9) ↗
Bitcoin Ethereum Options Expiry Impact Ahead
Bitcoin and Ethereum face a $14 billion options expiry, potentially impacting market dynamics. Traders are closely monitoring the situation for any significant price movements. #Update #Crypto $BTC (-3) ↘
De-Dollarization Risks Alarm US Allies
@DeutscheBank warns of risks to the U.S. dollar’s global reserve status due to concerns over the Federal Reserve’s liquidity backstop and dollar swap lines. #Update #Finance (-3) ↘
CoreWeave IPO Triumph Raises $1.5 Billion
@CoreWeave raises $1.5 billion in its Nasdaq IPO, with @NVIDIA acquiring $250 million in options, underscoring AI’s role in cryptocurrency. #Update #Crypto (+5) ↗
Galaxy Digital Settles $200M LUNA Case
@GalaxyDigital settles with New York Attorney General for $200M over alleged LUNA misrepresentations, agreeing to new policies on crypto disclosures. #Breaking #Legal $LUNA (-8) ↘
Digital Assets Boost BRICS Future
Russian Finance Minister Anton Siluanov stated BRICS is considering digital financial assets for economic independence in trade. #Update #Crypto (+3) →
Warren Buffett Outperforms Market with $77B Investment
Billionaire Warren Buffett’s @BerkshireHathaway gains 16% YTD after $77.8B buybacks, while S&P 500 drops 3%, highlighting strategic shifts in investments and cash reserves. #Update #Finance (+7) ↗