U.Today - XRP is not yet ready for the full market reversal, despite the clear recovery tendency we are witnessing. XRP is not yet ready for the full market reversal, despite the clear recovery tendency we are witnessing.
Decrypt - The asset manager's two proposed "Bitcoin DRIP" funds would hold U.S. stocks and reinvest dividends into Bitcoin, a novel ETF structure.
Bitcoin.com - El Salvador has bought more bitcoin for its Strategic Bitcoin Reserve, extending a daily buying habit that has lifted the national stack above 7,600 BTC worth more than $510 million. Buying the Dip, Every Day El Salvador has once again added to its Strategic Bitcoin Reserve, summing up its strategy in four words, i.e. “Buying […]
CoinTelegraph - Near-record OP_RETURN usage is driving a surge in low-value Bitcoin transactions, pushing Bitcoin network activity close to all-time highs despite muted price action.
U.Today - XRP whales dump 30 million tokens, sparking a bearish ripple effect on the price. XRP whales dump 30 million tokens, sparking a bearish ripple effect on the price.
CoinJournal - Real Finance launches REAL Competition for the $ASSET ecosystem. Users can earn points by trading, staking and holding $ASSET. A $3400 raffle pool gives more community members a chance to win. Real Finance has launched the REAL Competition, a community rewards campaign aimed at increasing participation across the $ASSET ecosystem. The Sofia-based company said the […] The post Real Finance puts $20,000 up for grabs in new $ASSET rewards campaign appeared first on CoinJournal.
Cryptopolitan - The US Securities and Exchange Commission (SEC) requested feedback from market participants on whether the reporting requirements of the Commission for security-based swaps transactions are still applicable to products and trading structures that exist today. SEC X announcement on June 18 is in keeping with the collaboration between the SEC and the CFTC to eliminate...
Bitcoin.com - Illinois has enacted a 0.2% tax on digital asset transfers that will apply whether a trade ends in profit or loss, beginning Jan. 1, 2027. Industry groups have branded the measure the most punitive crypto tax in the U.S. and are already pushing for a repeal. A Tax on Movement, Not Profit Illinois has become […]
BeInCrypto - The Algorand Foundation will harden its blockchain against quantum attacks by the end of 2027, moving before the National Security Agency’s deadline. The roadmap targets every layer of the network. It spans user wallets, developer tools, and the consensus mechanisms. A Timeline Built Around Q-Day Algorand frames the work against Q-Day, the point at which The post Algorand Targets Broad Quantum Resilience by End of 2027 With New Roadmap appeared first on BeInCrypto.
U.Today - Microsoft has warned of a sophisticated crypto-stealing malware campaign, dubbed CryptoBandits, that spreads via infected USB drives and hijacks wallet addresses, seed phrases, and private keys. Microsoft has warned of a sophisticated crypto-stealing malware campaign, dubbed CryptoBandits, that spreads via infected USB drives and hijacks wallet addresses, seed phrases, and private keys.
CoinTelegraph - Goldman Sachs revised its year-end forecast for gold to $4,900, indicating an increase from current levels, but less than previously expected.
TheCurrencyAnalytics - Traders enter the weekend with Bitcoin and Ethereum both pulling back from recent ranges, leaving several technical markers worth monitoring… Read the original on Bitcoin and Ethereum Test Key Levels Into Weekend. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
BeInCrypto - Brent crude just logged its steepest weekly drop in months, yet the Bitcoin (BTC) price barely budged. For the record, Brent is down 9% week-on-week against BTC’s 1%. That split is testing the oil and Bitcoin link many traders and market experts treat as a rule. Several market participants read falling oil as a green The post Bitcoin Didn’t Care about the Oil Market Recovery, 5-Years of Data Shows Why appeared first on BeInCrypto.
Binance News - South Korea’s Financial Services Commission (FSC) is pursuing a plan to move crypto exchange shareholder review rules into a new Digital Asset Basic Act. According to NS3.AI, an amendment set to take effect on Aug. 20 will broaden the scope of required reviews. The change will expand reviews beyond crypto exchange CEOs and executives to include the largest shareholders and other parties deemed to have significant influence over management.
Binance News - SpaceX (SPCX) has lost about $620 billion in market value in two days, with shares down 18% from their post-IPO peak and nearing the average buyer’s cost basis. According to BeInCrypto, the stock closed Thursday at $184.98, down 3.6%, while its five-day volume-weighted average price was $181.71 after Tuesday’s intraday high above $225. SpaceX’s valuation fell from nearly $3 trillion to $2.37 trillion after its June 16 plan to buy Anysphere, maker of AI coding tool Cursor, for $60 billion in an all-stock deal, implying about 3.4% dilution.
Binance News - India is still not seen as cheap relative to global peers even as valuations have eased and foreign inflows have weakened, according to Bank of America’s India CEO Vikram Sahu, according to Bloomberg. Sahu made the comments in an interview on “Insight with Haslinda Amin” with Haslinda Amin and Menaka Doshi.
Binance News - Global oil markets are focused on activity in the Strait of Hormuz after the US and Iran signed an interim deal to end their war and reopen the waterway. According to Bloomberg, equities have largely shrugged off the turmoil, while central banks and traders are watching for signs of further energy-supply disruption and potential inflation impacts.
Binance News - Goldman Sachs Group Inc. and Barclays Plc strategists raised their year-end targets for European stocks after the US-Iran peace deal improved the outlook for the second half, according to Bloomberg, citing a survey.
Binance News - Oil ticked higher, paring a substantial weekly loss, as investors assessed the outlook for revived crude flows through the Strait of Hormuz alongside lingering tensions across the region. In addition, according to Bloomberg, traders continued to monitor broader regional risks.
Binance News - Malaysia overhauled rules governing civil servants’ shareholdings and asset declarations after a report on the stock holdings of former anti-graft chief Azam Baki sparked public debate. In a move months after the report, according to Bloomberg, the government reworked requirements covering officials’ disclosures and holdings.
Binance News - Sumitomo Mitsui Banking Corp. is sounding out investors about at least two significant risk transfers tied to project finance and Latin America loans. In an increasingly popular transaction, according to Bloomberg, significant risk transfers can help lenders free up capital for more profitable growth.
Binance News - UK retail sales rebounded unexpectedly strongly in May, while prior months’ figures were revised higher. According to Bloomberg, the stronger sales and upward revisions were seen as a positive sign for the broader UK economy.
Binance News - European stock markets opened mixed on Friday, June 19. According to Jin10, Germany’s DAX 30 opened up 22.00 points, or 0.09%, at 25,050.06. The UK’s FTSE 100 opened down 14.98 points, or 0.14%, at 10,384.72, while France’s CAC 40 opened up 2.43 points, or 0.03%, at 8,470.41. The Euro Stoxx 50 opened down 6.12 points, or 0.10%, at 6,317.15. Spain’s IBEX 35 opened down 25.03 points, or 0.13%, at 19,379.07. Italy’s FTSE MIB opened up 120.28 points, or 0.23%, at 52,808.50.
Binance News - Citrini analyst Jukan said in a post on X that Google is drawing on Nvidia’s model to build an AI chip business that would compete with Nvidia. According to Odaily, Jukan described Google’s efforts as an attempt to develop an AI chip operation modeled after Nvidia.
Binance News - Israeli Interior Minister Itamar Ben-Gvir said that those who support Israel will benefit, while those who abandon it will face losses, adding that Israel should not be threatened. According to Odaily, Ben-Gvir made the comments in response to remarks by U.S. Vice President Vance, as reported by the Iranian Students News Agency and other Middle Eastern media. Vance had previously publicly criticized Israel for what he described as an “overreaction” to a U.S.-Iran agreement. He also named several specific ...
CoinPaprika - Calais Digital Assets became the first institutional fund to use UBS uMINT as off-exchange settlement collateral for live trading on Bybit. The tokenized money market fund stays in ByCustody custody while earning yield as Calais trades.
Bitcoin.com - Pierre Lindh, co-founder of iGaming media group Next.io, says Sportradar’s data deal with Kalshi is another step toward legitimizing prediction markets – but argues the sector’s insider-trading problem may be structurally impossible to fix. Sportradar ‘Takes Sides’ In Industry Standoff When Sportradar agreed to supply official data and integrity tooling to Kalshi this month, the […]
Binance News - A WIRED analysis of newly leaked data alleges that Dialog, a secretive society co-founded by Peter Thiel, used an internal ranking-and-removal system tied to member status, fees, and perceived influence. According to ChainCatcher, the leak covered 192 internal profiles—130 full members plus some candidates—despite the club reportedly having thousands of members. The profiles describe a counterintuitive tier structure in which “C” is the top VIP level, “B” is the majority standard tier, and “A” is the lowest, ...
BeInCrypto - Google's Gemini co-lead Noam Shazeer is joining OpenAI, just two years after Google paid $2.7 billion to bring him back. The post Gemini Co-Lead Noam Shazeer Quits Google, Joins OpenAI Before IPO appeared first on BeInCrypto.
Binance News - European Central Bank Governing Council member Pierre Wunsch said he would call for a second interest-rate increase in July if economic data does not move in the “right direction.” According to ChainCatcher, Wunsch made the remarks in comments reported by Jinshi.
Binance News - A new Polymarket account, GRIMDRIP (0x3f87d51f27ba6e19ec52aaeebb68559a839c742c), spent $6 million on positions predicting a draw between the Czech Republic and South Africa and that South Africa would not win the match, later earning a $7.60 million profit. According to Odaily, the prediction event was tied to the “2026 World Cup Group Stage Group A Round 2: Czech Republic vs. South Africa.” The match ended 1-1, resulting in the account’s profit. ...
Bitcoin.com - The World Cup’s official prediction partner is now embedded in DAZN’s streaming app, letting fans play along with live matches for free. A free-to-play prediction layer for live sport DAZN and ADI Predictstreet on 18 June launched a free-to-play prediction experience inside the DAZN app, putting real-time match predictions in front of the streaming platform’s […]
CoinTelegraph - Algorand is planning new accounts and consensus mechanisms designed to be resistant to the cryptography-breaking threat of quantum computers.
CoinTelegraph - The malware blends data theft with remote code execution, “turning a financially motivated stealer into a lightweight backdoor,” Microsoft said.
Bitcoin.com - The Alliance for Secure AI Action has registered that, as of 10 June 2026, over 120k job positions have been replaced or made obsolete by AI technology in the U.S., as companies seek to streamline their processes and prepare for a more AI-centric future. The Alliance for Secure AI Action Calls For Action As AI […]
Bitcoin.com - Which four tasks can a TV’s USB port handle beyond power: expanding storage for program recording, hosting peripherals like keyboards and game controllers, playing personal media, and adding app space? Many smart TVs ship with just 8 to 16 GB, and some support cloud gaming via GeForce Now when controllers are plugged in. Your TV’s […]
CoinTelegraph - The merger of crypto, decentralized finance and traditional finance is being referred to as the “Great Convergence” at BlackRock.
TheCurrencyAnalytics - What happened Grok AI, the predictive model tied to Elon Musk, put out a bullish Bitcoin forecast that’s getting a… Read the original on Grok AI Sees Bitcoin Hitting $250,000 But a $45,000 Detour Stays on the Table. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Bitcoin.com - NASA’s Hubble Space Telescope has captured MACS0329-0211, a massive galaxy cluster whose gravity bends distant light into arcs, curves, and a bright central figure-eight shape. A cosmic swarm The image, released June 12, 2026, shows what NASA described as looking “somewhat like a swarm of bees returning to their hive.” The cluster is packed with […]
Cryptopolitan - OpenAI has launched enhanced usage analytics and updated spend controls for ChatGPT Enterprise on Thursday, giving corporate administrators better tools to monitor AI credit consumption and set important budget caps across their organizations, as institutional AI spending continues to hit new highs. These new features address a growing pain point for large companies, as the...
BeInCrypto - KOSPI hit 9,000 for the first time, but 791 stocks fell on the day. Samsung and SK Hynix drove almost the entire move. The post South Korea’s KOSPI Tops 9,000 but Samsung and SK Hynix Did the Work appeared first on BeInCrypto.
Binance News - Goldman Sachs Group Inc. said the pound is set to face growing pressure after rebounding from the post-Brexit selloff and becoming the most overvalued currency among its major peers. According to Bloomberg, the bank said sterling is now the most overvalued currency in the G10.
Binance News - Minutes from the Bank of Japan’s April policy meeting showed board members agreed it was appropriate to continue raising interest rates based on current economic, inflation and financial conditions, according to 36Kr.
Binance News - New Zealand exports surged to a second straight monthly record in May, driven by meat shipments to the US and milk consignments. According to Bloomberg, farmers have continued to benefit from strong demand and high commodity prices.
Binance News - Fujikura Ltd. shares were set to surge to their daily limit after the Japanese fiber-optic cablemaker unexpectedly raised its profit guidance above market estimates. In a move that helped calm market jitters, according to Bloomberg, the company lifted its outlook above what analysts had been expecting.
Cryptopolitan - SpaceX is plotting to raise at least $20 billion through its first investment-grade bond offering, with investor calls expected as early as next week, according to Reuters and Bloomberg. The newly public company is reportedly seeking to replace temporary financing tied to its acquisition of Elon Musk’s AI startup xAI. The bond sale would help...
Binance News - Valar Atomics Inc., a Southern California-based startup, reached a key milestone in its effort to develop small reactors under a US program aimed at accelerating the deployment of nuclear power. According to Bloomberg, the achievement marks the program’s second reactor breakthrough.
Binance News - Japan’s Nikkei 225 opened 0.52% higher at 71,426.04 points on June 19, while South Korea’s KOSPI opened up 2.55% at 9,295.28 points. According to NS3.AI, Samsung Electronics shares rose 3% in early trading.
TheCurrencyAnalytics - Bitcoin won’t be cracking the world’s top five assets by market cap anytime soon. Experts put that milestone somewhere around… Read the original on Bitcoin Faces a 10-Year Wait to Crack the World’s Top 5 Assets by Market Cap. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Binance News - Japan’s Finance Minister Satsuki Katayama said the government is prepared to take decisive action against speculative activity in the foreign exchange market. According to Odaily, Bank of Japan Deputy Governor Ryozo Himino said the central bank will continue raising interest rates further.
Binance News - Jonathan David scored a hat trick as Canada beat Qatar 6-0 on Thursday in Vancouver, giving Canada its first Men’s World Cup victory. David’s goals included his first-ever World Cup goal, a volley, followed by a close-range finish and a third after a turn to beat his defender; he became the second CONCACAF player to score a World Cup hat trick after American Bert Patenaude in 1930, and Canada became the first team from outside Europe and South America to score five or more goals in a World Cup match, according to Yahoo Sports.
Binance News - Prediction market platform Kalshi has surpassed $2 billion in annualized revenue and has begun early, informal discussions with multiple investment banks about a potential initial public offering (IPO). According to ChainCatcher, the information was reported by The Information, which said the contacts are preliminary and non-binding.
Binance News - Asian stocks climbed to a record high as optimism that the reopening of the Strait of Hormuz will restore oil flows and curb inflation pressures buoyed risk appetite. In markets, according to Bloomberg, oil headed for a weekly loss.
Binance News - Garrett Jin is facing a $16.8 million loss on a 5x leveraged long position involving 1,268 BTC. According to NS3.AI, Onchain Lens reported the position is valued at $79.73 million.
Binance News - Polymarket is pricing South Korea at a 24% chance of defeating Mexico in the teams’ second World Cup Group A match. According to NS3.AI, total betting volume tied to the match has reached $12.86 million. The figures reflect market-implied odds and participation levels on the prediction platform for the upcoming group-stage fixture.
Binance News - Attorneys general for California and Minnesota said the Commodity Futures Trading Commission isn’t equipped to handle gambling-related issues such as addiction as it seeks to assert authority over prediction markets. According to Bloomberg, the officials said the CFTC lacks the tools to address the social costs associated with gambling.
Binance News - Many Bank of Japan members said it was unlikely that the BOJ’s baseline projections would be realized, according to meeting minutes. According to Jin10, the minutes said members also found it difficult to assess the balance between downside risks to economic growth and upside risks to inflation.
Binance News - Canada midfielder Ismaël Koné was stretchered off during Canada’s World Cup match against Qatar after a potentially serious left-leg injury from a tackle by Qatar midfielder Assim Madibo, according to Yahoo Sports. Madibo’s yellow card was upgraded to a red after review, and Koné left with his left leg in an air cast and was replaced by Nathan Saliba. Qatar also had Homam Ahmed sent off in the 33rd minute, leaving Qatar to finish with nine players.
Binance News - Japan’s nationwide consumer price index (CPI) rose 1.5% year over year in May. According to Jin10, the reading matched the market expectation of 1.50% and was up from the previous 1.40%.
Binance News - Japan’s May core consumer price index (CPI) year-on-year figure is scheduled to be released in 10 minutes. According to Jin10, the data will provide the latest update on Japan’s core inflation trend.
Binance News - Netflix Inc. is under contract to buy Radford Studio Center, a historic Los Angeles movie studio space, for a fraction of its 2021 $1.85 billion sale price, according to Bloomberg, after lenders including Goldman Sachs Group Inc. repossessed the property.
Binance News - US men’s national team coach Mauricio Pochettino said Christian Pulisic trained individually all week and that a late medical meeting would determine whether he is available for the United States’ second group-stage match against Australia on Friday afternoon, according to Yahoo Sports. Pulisic injured his calf in training last week and was pulled at halftime of the US’ 4-1 win over Paraguay after aggravating it, and he has since followed a “modified training program,” including separate sessions in Irvine, California, and again Thursday in Seattle.
Binance News - The U.K. GfK consumer confidence index came in at -23 in June. According to Jin10, the reading was above the expected -24 and unchanged from the previous -23.
Binance News - Wall Street stocks rebounded on Thursday after the prior session’s pullback triggered by a Federal Reserve policy outlook that signalled possible rate hikes ahead. according to RTHK, the dollar continued to strengthen on the Fed outlook, while oil prices were mixed as markets weighed when the reopening of the Strait of Hormuz will boost crude supply. The S&P 500 rose 1.1% to 7,500, the Dow Jones Industrial Average added 0.1% to 51,564, and the Nasdaq gained 1.9% to 26,517. Briefing.com analyst Patrick O'Hare said Wednesday’s losses created an ...
Binance News - SPDR Gold Trust, the world’s largest gold ETF, increased its holdings by 7.422 tons from the previous day, marking its biggest daily rise since April 17. According to Jin10, the fund’s total holdings stood at 1,020.491 tons after the increase.
Binance News - Standard Nuclear Inc., a maker of fuel for nuclear reactors, filed for a US initial public offering as power needs to fund the artificial intelligence boom continue to grow, according to Bloomberg,
Binance News - Asian stocks were poised to rise Friday after a peace deal between the US and Iran boosted optimism that the reopening of the Strait of Hormuz will ease inflation pressures by restoring oil flows, according to Bloomberg.
Binance News - Oil headed for a substantial weekly drop as the US-Iran interim peace deal saw shipping through the Strait of Hormuz start to return to normal. According to Bloomberg, the pickup in traffic eased what it called the global crude market’s biggest-ever supply shock.
Binance News - Microsoft said it supports a data center energy bill. According to Jin10, U.S. political news website Politico reported the statement.
Binance News - SpaceX warned that a European Union satellite program could weaken Ukraine’s connectivity. According to Jin10, the Financial Times reported that SpaceX issued the warning about the potential impact of the EU’s satellite plan on Ukraine’s communications links.
Binance News - Z.AI released its GLM-5.2 model on June 16, reporting a FrontierSWE score of 74.4 compared with Claude Opus 4.8’s 75.1. According to NS3.AI, the model was trained on Huawei Ascend chips without using Nvidia hardware. Z.AI said GLM-5.2 is distributed under an MIT license.
Binance News - Theodore Gillibrand has raised $30 million for American Perpetuals Exchange Corporation, a new perpetuals trading venue, with Lux Capital leading the round at an estimated $300 million valuation. According to NS3.AI, the startup plans to pursue derivatives clearing merchant (DCM) and derivatives clearing organization (DCO) licenses to offer single-name equity perpetuals. The company aims to operate under joint oversight by the U.S. Commodity Futures Trading Commission and the U.S. Securities and Exchange Commission.
Binance News - The U.S. government ordered Anthropic to disable Fable 5 and Mythos 5 for all users on June 12, and Bittensor’s TAO rose roughly 39% in the following days, according to CoinGecko data. According to NS3.AI, the order barred access by any foreign national, including Anthropic employees both inside and outside the U.S. Crypto investors said the shutdown strengthened the argument for decentralized AI networks. Skeptics countered that decentralized AI still lags centralized labs in product quality and economics.
Binance News - Texas regulators approved ERCOT’s Batch Zero framework for allocating grid capacity to large electricity users. According to NS3.AI, the approval comes as ERCOT reports a large pipeline of proposed new electricity demand seeking to connect to the grid. ERCOT said more than 438,000 megawatts of proposed demand is currently in its connection queue, with roughly 90% attributed to data centers. Separately, Cipher Digital reached a new all-time high of $30 today, based on The Block’s equities price page.
Binance News - Bitcoin transactions below 0.01 BTC now account for about 80% of all daily transactions, according to CryptoQuant. According to NS3.AI, CryptoQuant analyst Julio Moreno said protocol-driven activity is generating a large number of small transactions even as the total amount of bitcoin transferred remains relatively small.
Decrypt - Z.ai's GLM-5.2 sits within 1% of Claude Opus 4.8 on long-horizon coding benchmarks, runs entirely on Huawei silicon, and undercuts Western frontier models by up to 82% per token.
Binance News - The Public Utility Commission of Texas approved a new framework to reform grid connections for large power consumers, sending shares of several Bitcoin mining companies higher. According to NS3.AI, Cipher Digital jumped more than 10%, while Core Scientific rose over 3% and Riot Platforms gained over 2%. The report said Bitcoin miners that built large-scale power infrastructure in Texas are expanding into AI and high-performance computing (HPC). It added that the streamlined grid-connection process could support these companies as they ...
Decrypt - Image generation company Midjourney is developing a full-body imaging system that combines ultrasound tech with AI smarts.
Binance News - Kevin Mayer, former Walt Disney Direct-to-Consumer & International chair, discussed Fox's recent $22 billion acquisition of Roku as a strategic shift by traditional media toward streaming. According to Bloomberg, Mayer said Fox, which previously lacked a major streaming platform, is aiming to bolster its position by pairing Roku's streaming service with its existing ad-supported streamer, Tubi.
Cryptopolitan - G7 leaders meeting in Évian used their joint statement on geopolitical issues to renew calls for joint action against North Korea's cryptocurrency thefts and wider cybercrime.
Binance News - Illinois SB3019 would create a 0.2% tax on the value of cryptocurrency transfers after January 1, 2027. According to NS3.AI, the tax would apply even when Illinois residents move crypto without realizing a profit. The proposal would require centralized exchanges to collect the tax if they operate in Illinois or if they earn more than $100,000 from Illinois customers in a rolling 12-month period.
Binance News - SpaceX shares ended their first week of trading up 37% from the IPO price after a volatile debut. In its biggest-ever initial public offering, according to Bloomberg, the stock’s rough ride showed the deal was not immune to the post-listing swings that often hit newly public large-cap companies.
Binance News - South Korea’s producer price index (PPI) rose 8.5% year over year in May. According to Jin10, the previous reading was revised to 7.2% from 6.90%.
Binance News - Citi said its base-case scenario expects capital flows to continue normalizing under a memorandum of understanding between Iran and the United States, and it forecasts oil prices will trend lower over the next 6 to 12 months. According to Jin10, Citi said oil prices are expected to reach $60 to $65 per barrel before the first quarter of 2027.
Binance News - Substitute Manzambi scored twice and Ruben Vargas also netted as Switzerland led 10-man Bosnia in their World Cup Group B match, according to Yahoo Sports. Bosnia had Muharemovic sent off with the score at 1-0, and both teams had drawn their opening games in a group that also includes Qatar and Canada.
Decrypt - Quantum computing threatens the blockchain ecosystem, from Bitcoin to Ethereum and beyond, and Algorand has a plan to be prepared.
Cryptopolitan - SpaceX shares are falling because the first burst of IPO buying is fading and traders are already looking at a much larger supply of stock coming later. The price dropped 3.57% on Thursday, after a 5% loss on Wednesday. That ended a wild stretch that pushed the company into the top tier of global market...
Binance News - Meta Platforms signed an AI computing capacity cooperation agreement with data center company Crusoe. According to Jin10, Meta is expected to obtain about 1.6 gigawatts of computing capacity under the deal.
Binance News - Kardigan Inc. shares surged 38% in their trading debut after the heart-health-focused biotech raised $400 million in an initial public offering. According to Bloomberg, the stock’s first-day jump followed the company’s IPO fundraising.
Binance News - US stocks rose Thursday as chip shares extended Wednesday’s rally. In the second sentence, according to Bloomberg, Nvidia Corp. led S&P 500 Index gainers on a points basis and the Philadelphia Semiconductor Index (SOX) climbed 6.4% to a record high.
Decrypt - Another key figure at the Ethereum Foundation is stepping away from her post, continuing a recent leadership exodus.
Cryptopolitan - Today, Hsiao-Wei Wang stepped down as co-executive director and board member of the Ethereum Foundation. Her departure now follows at least eight executives leaving the organization over the past five months. Wang spent eight years with the Ethereum Foundation. She joined the Foundation’s research team in 2017 and got promoted to co-executive director in April...
Binance News - Moody’s assigned SpaceX a Baa1 rating, classifying it as investment grade, and gave it a stable outlook. According to Jin10, Moody’s said the rating outlook for SpaceX is stable.
CoinTelegraph - The offering follows regulatory approval earlier this year and comes as prediction markets face legal challenges from regulators, exchanges and policymakers around the world.
Binance News - KPMG Australia’s turmoil is set for a public reckoning as lawmakers demand information and changes in an industry hit by scandals over misuse of confidential client information, according to Bloomberg.
Binance News - BlackRock has launched BITA, a Bitcoin exchange-traded product designed to target a 15%–25% annual yield. According to NS3.AI, BITA gains Bitcoin exposure through IBIT and generates income by selling call options on about 25%–35% of the portfolio. Jay Jacobs said the product is aimed at investors seeking Bitcoin exposure alongside monthly income. The approach may limit some upside participation during periods when Bitcoin rallies sharply.
Binance News - The Nasdaq’s gains widened to 2% late in the session. According to Jin10, the late-day move lifted the index’s advance to 2% by the close.
CoinTelegraph - Hsiao-Wei Wang’s departure adds to a wave of Ethereum Foundation exits, fueling debate over governance, decentralization and the network’s future.
Binance News - A Boeing spokesperson said the company is working with a supplier and taking steps to mitigate any potential impact after a tank-related safety hazard incident occurred at a factory in California. According to Jin10, Boeing did not provide further details on the incident or the measures being implemented.
Binance News - A New Mexico dog infected with the New World screwworm has recovered, but questions remain about how the animal contracted the parasite, according to Bloomberg.