Tech stocks push Nasdaq, S&P 500 to record highs as Bitcoin taps $75K
In recent developments, tech stocks helped drive the Nasdaq to 24,016 and the S&P 500 to 7,022 as Bitcoin climbed nearly 10% over the past two weeks. Looking closer, market…
China already has the compute to train its own Mythos-like AI: Nvidia CEO
In recent developments, the amount of capacity and the type of compute it was trained on is “abundantly available in China,” said the Nvidia CEO. Looking closer, market participants highlight…
Morgan Stanley’s Bitcoin fund overtakes WisdomTree after 6 trading days
In recent developments, the Morgan Stanley Bitcoin Trust is also within striking distance of overtaking three other US spot Bitcoin ETFs that launched in January 2024. Looking closer, market participants…
Trump’s World Liberty under fire for ‘absurd’ token unlock plan
In recent developments, major World Liberty Financial investor Justin Sun called a plan to lock tokens for up to four years “the most absurd governance scams I have ever seen.”…
US should scrap crypto capital gains tax to fuel competition: Cato
In recent developments, crypto users in the US are required to pay capital gains taxes on cryptocurrencies, stifling their usefulness as a currency, argued a Washingon DC-based think tank. Looking…
Brazil’s Ruling Party Files Bill to Ban Online Gambling Entirely as Preside…
In recent developments, the legislative caucus of Brazil’s Workers’ Party has filed a bill proposing an outright federal ban on online gambling, escalating what had been campaign rhetoric into formal…
Bitcoin Scholars Fund Launches to Redirect $21M in Federal Taxes Into K-12 Bi…
In recent developments, a new Texas-registered nonprofit launched Tuesday with plans to redirect $21 million in federal tax dollars into bitcoin and financial literacy education for K-12 students by 2027.…
Bitcoin hits ‘near-term selling pressure’ after rally to $76K: CryptoQuant
In recent developments, cryptoQuant says Bitcoin could be reaching a temporary ceiling after hitting a multi-month top of $76,000 on Wednesday, with investors moving Bitcoin in bulk to exchanges. Looking…
BitMEX pitches ‘canary fund’ alternative to Bitcoin quantum coin freeze
In recent developments, it may be appropriate to attempt to mitigate the extent of the freeze as much as possible, even at the cost of greater complexity, said BitMEX. Looking…
CFTC probes oil futures trades tied to Trump’s moves in Iran: Report
In recent developments, the CFTC is investigating trades that took place before the US delayed strikes on Iranian energy infrastructure on March 23 and agreed to a ceasefire with Iran…
Bitcoin slips to $75k as Fed holds rates, crypto stocks tumble
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