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Bitcoin
CFTC Blocks Kalshi From Cancelling Michigan Sports Trades Ordered Voided
The Commodity Futures Trading Commission has stopped Kalshi from liquidating sports event contracts that a Michigan court ordered cancelled and refunded. The intervention leaves Michigan’s restriction on new sports trades intact while…
Cleanspark Lands $6.6B AI Lease as 20-Year Deal Reshapes Bitcoin Mining Strategy
Cleanspark has signed a 20-year triple-net lease at its Sandersville, Georgia, campus, expected to generate $6.6 billion in contracted revenue. The tenant has also secured exclusivity over Cleanspark’s 885 MW Texas portfolio, signaling a…
Bank of Tanzania Targets Crypto as Governor Warns of Terror Finance Risks
The Bank of Tanzania is reportedly finalizing a new regulatory framework to oversee cryptocurrencies and stablecoins. Protecting Young Investors Tanzania’s central bank is preparing a new regulatory framework for digital assets as…
Bitcoin Whales Are Not Selling Over Quantum Fears, Analyst Says
Bitcoin whales have not identified quantum computing risks as a reason for selling, according to Galaxy Digital, while institutional investors have flagged quantum concerns as a reason to avoid buying the crypto asset. Quantum Fears Appear…
Tim Draper Admits ‘Ouch’ Moment After Passing on Coinbase — His Son Saw a Crypto Fortune in the…
Tim Draper says he passed on Coinbase after underestimating how quickly retail crypto adoption would arrive, but his son invested early and helped turn a rejected opportunity into one of the venture capitalist’s biggest wins. Tim Draper Saw…
Peter Schiff Sees a New Bitcoin Regret Coming: Not Selling Above $60,000
Economist Peter Schiff admitted he regrets not buying bitcoin early but predicted the next wave of regret will belong to holders who fail to sell above $60,000. The warning landed as bitcoin reclaimed $65,000 earlier today. A Familiar…
Stripe and Advent Offer $53 Billion for Paypal: Here’s What It Means for Crypto Payments
Payments processor Stripe and private equity firm Advent International have offered to buy Paypal for more than $53 billion, a 28% premium to Tuesday’s close. A deal would unite two of the most aggressive stablecoin players in fintech. A…
Morgan Stanley Updates Ethereum and Solana ETF Filings as Coinbase Takes Custody and Staking Role
Morgan Stanley has filed fresh amendments to its spot ether and solana exchange-traded fund (ETF) applications, naming Coinbase as custodian and staking facilitator. The updates mark the banking giant’s third round of revisions since its…
Taiwan Lawmaker Puts Bitcoin Reserve Odds at 80% in Five Years: Here’s His Roadmap
Taiwanese legislator Dr. Ko Ju-chun says there is “roughly an 80% chance” Taiwan establishes a strategic bitcoin reserve within five years if political conditions align and close to 100% within ten. Ushering in Serious Change Dr. Ko, an…
Bitcoin Reclaims $65,000 After Iran Selloff: Here’s What’s Driving the Rebound
Bitcoin climbed to $65,000 on Wednesday, reclaiming the level for the first time since renewed U.S.–Iran hostilities knocked the price below $62,000 earlier this week. The move caps a two-week recovery from a late-June low near $58,000.…