Cryptocurrency
OpenAI Confidentially Files for US IPO
ChatGPT creator OpenAI has confidentially filed for an initial public offering in the US, becoming the third major AI company this year to set up plans for a Wall Street debut.OpenAI posted to X on Monday that it filed...
Cryptocurrency
JPMorgan: Strategy’s $1.7 Billion Dividend Bill Could Force More Bitcoin Sales
Key TakeawaysJPMorgan flagged Strategy’s ~$1.7B annual dividend bill as a key swing factor for H2 2026 crypto.Strategy sold 32 BTC for $2.5M late last month, its first sale since 2022, to fund preferred dividends.The bank sees under 50% odds...
Cryptocurrency
Bitcoin ETFs See $1.7B Weekly Outflows
Spot Bitcoin exchange-traded funds (ETFs) recorded about $1.72 billion in net outflows in the week ending June 5, according to SoSoValue data.The outflows extended the streak to four straight weeks of billion-dollar redemptions, dating back to the week ending...
Cryptocurrency
Has The Bitcoin Price Crash Ended Or Is This Just The Beginning? Analyst Answers
Following Bitcoin’s rebound from last week’s dip below $59,000, the market is now weighing whether the recent price crash has finally run its course or if a deeper correction is still ahead. While the recovery has provided some relief...
Cryptocurrency
Bitcoin Traders see No Bear-Market Bottom Until at Least Q3
Bitcoin (BTC) starts the second week of June with damage control — and new macro lows are still expected this year.Traders see a relief bounce coming next for BTC price action, but the bottom, they agree, is not in.US inflation...
Cryptocurrency
Galaxy Digital Drops Odds of CLARITY Act Passing to 60%
Crypto firm Galaxy Digital has lowered the odds of the Senate passing its crypto market structure bill before the end of the year, noting that the window for lawmakers to act on the bill is closing. “On May 22, we...
Cryptocurrency
XRP price news: RIpple-linked token steadies above $1.10 from four-month lows
XRP finally found buyers after one of its sharpest selloffs of the year, but the recovery looks more like stabilization than a trend change. The token bounced from levels last seen before the November 2024 breakout, yet every rally...
Cryptocurrency
$2 Million Per Vessel: Inside Iran’s Massive USDT Toll Operation in the Strait of Hormuz
Key TakeawaysIran collects $2M per vessel at the Strait of Hormuz, using 100% of these funds for its treasury.Some of these payments are settled not in barter or cash, but in USDT.The U.S. OFAC has warned maritime firms about...
Latest News
Large Russian attack on Kyiv kills at least 13, injures scores more, mayor says
Kyiv, Ukraine — Russia launched a large-scale attack on Ukraine's capital overnight into Thursday that...