BoFA’s XRP & Solana Stance: Why the Second-Largest US Bank is Negative
Bank of America (BofA), the second-largest bank in the U.S., takes a cautious view of XRP and Solana Bank of America, the second-largest bank in the U.S., reportedly disclosed about $53 million in crypto ETF positions for the latest quarter. My take: the split is the story. Bitcoin sits ...
Bitcoin Tanks to $74,300: ETFs Bleed $2.26B in 2 Weeks
Bitcoin drops to $74,300 as spot ETFs shed $2.26 billion in two weeks Bitcoin's drop to $74,300, paired with ugly outflows from spot exchange traded funds, dents the clean ETF support story. For months, the shortcut was simple: ETF demand buys the dip. I'll be honest: that read now looks ...
Kash Patel-Linked Store Goes Dark After Crypto Malware Push
Kash Patel-linked apparel store goes dark after pushing crypto-stealing malware A Kash Patel-linked apparel store going dark after pushing crypto-stealing malware sounds like a weird side plot. It is not. On Friday, Based Apparel, a store tied to FBI Director Kash Patel, appeared to go ...
Trump: S&P 500 Hit New Record – See Its Climb Since 2017
Trump says stock market hit "new record" as S&P 500 keeps climbing since he took office Trump says the stock market hit a "new stock market record." Crypto traders should pay attention, politics aside, because this kind of equity move keeps the risk trade breathing. On Friday, Presid ...
Grayscale: Ethereum, Solana, BNB, Canton to Absorb Institutional Capital
Grayscale Names ETH, SOL, BNB, Canton as Likely Institutional Targets Grayscale says Ethereum, Solana, BNB Chain, and Canton Network look best placed to attract the first serious wave of institutional crypto money. The call centers on the CLARITY Act, the proposed U.S. c ...
F2Pool Founder (11% BTC Hashrate) Leads SpaceX Mars Mission!
F2Pool Founder to Mars: 11% Bitcoin Hashrate Goes Interplanetary, SpaceX IPO Nears Chun Wang, co-founder of F2Pool and controller of 11.3% of Bitcoin's global hashrate, is expected to command SpaceX's first commercial human flight to Mars. I’ll be honest: that still reads like a headlin ...
Robinhood Crypto COO Tanya Denisova Exits Amid Revenue Slowdown
Robinhood Crypto COO Tanya Denisova is leaving company amid revenue slowdown Tanya Denisova, Robinhood Crypto's chief operating officer, is leaving as the company's crypto revenue falls hard. Robinhood's first-quarter crypto revenue dropped 47% year over year, to $134 mi ...
Certora Expands Security Tools for Canton: Enhanced Blockchain Protection
Certora adds Canton security tools as institutions look harder at Daml Certora has added security tooling for Canton, and the timing says something. My take: institutions are no longer treating Daml as a lab toy. They are asking the colder question now: can this hold up in production? ...
SN9 Enables Large-Scale AI Model Training with IOTA Architecture
SN9 enables large scale AI model training using IOTA architecture SN9 is trying to train large AI models with IOTA architecture. For crypto, that is the part worth watching. Bittensor's Subnet 9 is moving past decentralized inference and into model training, and the arXiv paper came out ...
MegaETH Concludes Terminal Early: USDM Rewards & Rabbithole Merge!
MegaETH Ends Terminal Early and Moves Users into Rabbithole MegaETH ended its Terminal points program on May 21, 33 days before the planned June 23 finish. Eligible users will be paid in USDM, and Terminal's features are moving into Rabbithole. My take: this is a blunt product choice, an ...