Bitcoin Blasts Past $112K ATH, Crushing Short Sellers in Epic Squeeze Bitcoin has smashed through its previous all-time high, surging above $112,000 and triggering massive short liquidations. This explosive move signals unrelenting bullish momentum amid favorable macro tailwinds and institutional FOMO. For investors, it’s a stark reminder that betting against BTC in this cycle carries…
China Plays the Long Game in AI While US Chases Superintelligence: Brookings Brookings has drawn a contrast between how China and the United States are approaching artificial intelligence development, describing China as focused on steady, long-term capacity building while the US is oriented toward pursuing “superintelligence.” The framing highlights a strategic difference: China’s approach is…
XRP Eyes New Highs as Ripple Hits US Senate Web3 Summit Ripple is stepping into the spotlight at next week’s “From Wall Street to Web3” US Senate summit, sparking fresh buzz around XRP’s price charts. Technical indicators are flashing bullish signals for new highs, just as regulators and industry leaders gather to bridge traditional finance…
Bitcoin Blasts Past $112K All-Time High, Crushing Short Sellers Bitcoin has shattered records, surging above $112,000 for the first time ever, fueled by relentless buying pressure that wiped out billions in short positions. Traders betting against BTC just got liquidated en masse, amplifying the rally as forced buys piled on. This milestone signals unshakeable bull…
Chinese Creditor Slams FTX’s Bid to Block Payouts in Restricted Nations A Chinese creditor has fired back at FTX’s latest bankruptcy maneuver, challenging the exchange’s motion to halt repayments to users in China and other restricted countries. This clash threatens to drag out the already messy FTX liquidation process, raising questions about fair access to…
Strategy’s Bitcoin-Backed STRC Outperforms Tech Stocks on Risk-Adjusted Returns Strategy’s bitcoin-backed STRC has delivered stronger risk-adjusted performance than major tech stocks, according to the information provided. The comparison focuses not just on returns, but on how much volatility investors took on to earn those returns. Risk-adjusted returns are a common way to evaluate performance across…
US Crypto Bill Lets Tesla, Meta Dodge SEC—Warren Sounds Alarm US lawmakers are fast-tracking a crypto market structure bill that could greenlight giants like Tesla and Meta to dive into digital assets without SEC oversight. Senator Elizabeth Warren warns it carves out exemptions for Big Tech, potentially exploding crypto innovation while gutting investor protections. This…
Trump-Backed Crypto Venture Greenlights Governance Token Trading World Liberty Financial, the DeFi platform tied to the Trump family, just unleashed a bombshell proposal to make its governance token fully tradable. With over 99% approval from 5 billion tokens in a lightning-fast vote, this move catapults the project from locked-up experiment to live market player. Investors…
Texas Court Slaps Down SEC Overreach in Crypto Mandamus Fight In a swift rebuke to federal regulators, the Eighth District Court of Appeals in El Paso, Texas, denied a mandamus petition from Envy Blockchain Inc., NV Landco 1 LLC, and Stephen Decani, who sought to block SEC enforcement actions against their crypto ventures. The ruling…
Trump Jr. Backs Thumzup: Social Media Firm Pivots to Bitcoin Treasury Donald Trump Jr. has thrown his weight behind Thumzup Media Corporation, a social media marketing platform turning heads by adopting Bitcoin as its core treasury asset. This high-profile investment signals growing elite interest in BTC as a corporate reserve, potentially sparking a wave of…
SEC Crushes Bilzerian’s Crypto Dreams in Decade-Old Injunction Clash The SEC just slammed the door on Paul Bilzerian’s bid to dodge a 2001 court injunction, ruling his crypto ventures violated long-standing bans on future securities dealings. This D.C. federal decision reinforces the SEC’s iron grip on recidivist fraudsters, signaling to crypto players that past sins…
Mastercard Recruits Binance, Ripple and PayPal for Crypto Partner Program Mastercard has added Binance, Ripple and PayPal to its crypto partner program, expanding a roster of companies it works with across the digital-asset sector. The move underscores Mastercard’s continued effort to position its network as a bridge between traditional payments and crypto-enabled services. By bringing…
SEC’s Crypto Mom Peirce: Tokenized Assets Still Face Security Rules SEC Commissioner Hester Peirce, known as “Crypto Mom,” just dropped a reality check: tokenized securities remain firmly under securities laws, no shortcuts allowed. Echoing ex-chair Gary Gensler’s tough stance, she’s urging crypto players to huddle with the SEC before launching anything. This lands amid booming…
NY Slip Op 00042 Order, Supreme Court, New York County (Nancy M. Bannon, J.), entered January 6, 2016, which granted defendants’ motion for summary judgment dismissing the complaint, unanimously affirmed, without costs. Defendants established entitlement to judgment as a matter of law, in this action for personal injuries arising out of plaintiff’s fall on an…
CFTC Fights SEC in Kraft Sugar Swap Showdown The Seventh Circuit just greenlit the CFTC’s aggressive push to claw back oversight of Kraft’s massive sugar swap deal from the SEC, potentially redrawing lines between commodities cops and securities watchdogs. This mandamus win hands the CFTC rare ammunition to force lower courts to respect its turf…
NY Appellate Court Slams Door on Crypto Litigants’ Appeal In a curt one-line smackdown, New York’s Appellate Division, First Department, denied an appeal in case 140 AD3d 451, leaving the lower court’s ruling intact without explanation or oral argument. This snap rejection signals courts’ growing impatience with drawn-out crypto disputes, potentially chilling similar challenges to…
Bitcoin Blasts Past $112K ATH, Crushing Short Sellers in Epic Squeeze Bitcoin has smashed through its latest all-time high, surging above $112,000 and triggering massive short liquidations. This explosive move marks a triumphant return to record territory just months after previous peaks, fueled by unrelenting bullish momentum. For investors, it’s a stark reminder of BTC’s…
CFTC Victor Crushes Crypto Commodity Dreams in Trust Fight The Seventh Circuit just slammed the door on a family’s bid to label its digital asset investments as commodities, upholding the CFTC’s iron grip on oversight. In a stinging reversal, the court ruled that the Conway Family Trust’s unregistered trading platform peddled futures-like contracts on Bitcoin…
Trump-Backed Crypto Venture Greenlights Governance Token Trading World Liberty Financial, the Trump family-backed DeFi platform, just voted overwhelmingly to make its $WLFI governance token tradable on exchanges. With over 99% approval from 5 billion tokens, this move could unlock massive liquidity and propel the project into the spotlight. For crypto investors, it’s a high-stakes bet…
Kalshi Crushes CFTC: Election Bets Legalized Nationwide The D.C. Circuit Court just slammed the brakes on the CFTC’s ban against KalshiEX’s election contract betting, denying the agency’s emergency stay request on October 2. This blockbuster ruling lets Americans wager on congressional control from the House floor, turbocharging prediction markets just weeks before the 2024 vote….
