In a notable move within the crypto market, a mysterious whale has sold 1,107 BTC worth approximately $86.76 million. This transaction, reported by the commentator @lookonchain, highlights a significant rotation into Ethereum, with the whale then purchasing 34,422 ETH for about $86.5 million and staking it all. This raises questions about market dynamics and potential […]
The Vanguard Communication Services ETF (VOX) has increased its stake in Space Exploration Technologies (SpaceX) by 85.2% in two months. That stake could eventually grow to as much as one-fifth (20%) of the fund once SpaceX’s shares fully unlock. VOX held 632,077 SpaceX (SPCX) shares on June 30, a total that reached 1,170,398 by Aug. […]
The strategic use of advanced US hardware by AI firms highlights geopolitical tech disparities, potentially reshaping global AI infrastructure dynamics. The post Modal, Fireworks, and Baseten gain cost advantage with Nvidia and AMD chips for Kimi K3 appeared first on Crypto Briefing.
Ethereum has emerged as a frontrunner in the euro stablecoin market, adding $32.1 million in market cap over the last 30 days. This substantial growth, reported by the CryptoTwitter commentator @tokenterminal, highlights Ethereum’s expanding influence in this sector. As competition intensifies among stablecoins, this growth could attract more investors looking for blockchain solutions tied to […]
Wall Street just climbed what strategists are calling a wall of worry, absorbing a month of surging oil prices and rising Treasury yields without cracking. That resilience should not be mistaken for calm. Oil is up roughly 30% and the 10 year Treasury yield has climbed about 40 basis points in a month. Stocks have […]
SoftBank’s massive bond issuance for OpenAI investment underscores its high-stakes bet on AI, highlighting potential financial risks and rewards. The post SoftBank seeks over $11B in junk bond deal to fund OpenAI investment appeared first on Crypto Briefing.
Tokenized stocks issued by xStocks have reached a significant milestone, achieving a market cap of $172.8 million, reflecting a remarkable increase of 187.2% over the past month. This news was highlighted by the CryptoTwitter commentator @tokenterminal, emphasizing the growth potential in this segment. As tokenized assets gain traction, this surge in market cap could attract […]
Robinhood (HOOD) Chairman and CEO Vlad Tenev told CNBC’s Jim Cramer that crypto event-contracts are already grabbing an outsized share of the platform’s prediction markets business, and he expects sports wagers to fall into the minority within just a few years. Prediction markets have become one of the fastest-growing corners of US trading over the […]
Nvidia (NVDA) CEO Jensen Huang has emerged as President Donald Trump’s most trusted voice on artificial intelligence policy, edging out rivals like Meta’s Mark Zuckerberg and Amazon’s Jeff Bezos for the president’s favor. Trump publicly backed Huang during a live phone call at the All-In Summit, a Los Angeles tech and venture capital conference, dismissing […]
Owen Simonin, known as Hasheur, reported a rise in the number of fraudulent call scams in which threat actors impersonate customer service representatives of a crypto platform. Simonin stressed that this rise was caused by the recent data leaks affecting French crypto users. Crypto Call Scams Rise in France, Says Crypto Entrepreneur The recent data […]
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