Bitcoin Miners Bet Big on AI Infrastructure and Win. TeraWulf, IREN, Hut 8 Surge

TeraWulf (WULF), IREN, and Hut 8 (HUT) all rallied yesterday, July 8, but Bitcoin’s price had nothing to do with it. Each saw their stock prices continue to rally on separate AI infrastructure news. All three companies were in the top 16 best performing stocks for Wednesday, July 8 as investors reward their shift no […]

Selfxyz Launches Privacy-Preserving Digital Identity — And Why Traders Are Watching

The Ethereum Foundation recently highlighted Selfxyz’s new capabilities in privacy-preserving digital identity during a live discussion. This session featured insights from co-founder @rems000 and drew significant engagement from the crypto community, as noted in the official tweet from the Ethereum Foundation. You can find more details in their tweet here: Ethereum Foundation’s tweet. Breaking It […]

Ripple Rolls Out New XRPL Upgrade, but Less Than Half of Nodes Have Upgraded

Over three weeks ago, the Ripple team launched a new software update for the XRP Ledger (XRPL). Although the infrastructure upgrade (v3.2.0) has been running for close to a month now, not all of the network’s validator nodes have adopted it. In fact, more than half of the nodes are still running on the old […]

Palantir Shares Slide on Fears Democrats Could Target Government Contracts

Palantir Technologies (PLTR) shares fell 1.6% to $132.22 on Wednesday, July 08 snapping a seven-day winning streak that had pushed the stock up 25%. The stock surge hit the brakes after a report raised the prospect of Democratic lawmakers targeting the company’s government contracts. A Rally Interrupted The drop halted one of Palantir’s strongest short-term […]

S&P 500 Ex-Elon ETF Registered — Implications for the ETF Landscape

Eric Balchunas has announced the registration of an S&P 500 Ex-Elon ETF, including a Nasdaq version. This registration reflects a growing trend in the ETF market as investment firms diversify their offerings to meet changing investor preferences. The announcement can be viewed in his tweet here. Inside the Move The recent announcement regarding the S&P […]

Offchain Labs Reveals 10% Fee Allocation to Arbitrum Ecosystem — What This Means

Offchain Labs’ co-founder Steven Goldfeder announced that 10% of fees collected from Robinhood Chain and other Arbitrum Layer 2 solutions will contribute to the Arbitrum ecosystem. This strategic move aims to enhance the platform’s liquidity and overall growth potential, as detailed in a recent tweet by WuBlockchain. What Happened The broader cryptocurrency market is currently […]