Saylor reaffirms accumulation stance after floating possible sales
Michael Saylor, executive chairman of Strategy Inc., posted six words on X on Thursday: buy more Bitcoin than you sell. Buy more bitcoin than you sell. — Michael Saylor (@saylor) May 7, 2026 The post came days after Saylor spent…
South Korea Pushes 22% Crypto Tax on Gains Above $1,850 Starting in January
Key Takeaways Moon Kyung-ho of the Finance Ministry confirmed virtual asset taxation will begin on Jan. 1 next year. Over 13.26 million investors face a 22% tax on virtual asset gains exceeding 2.5 million won. The NTS is drafting final…
Morgan Stanley’s $269M Spot Bitcoin ETF Bet: Why Wall Street is Buying Even if Your Advisor Isn’t
Morgan Stanley holds $269.9 million in Spot Bitcoin ETF positions, with the bulk of that exposure sitting in GBTC – the Grayscale Bitcoin Trust – according to recent 13F filings submitted to the SEC. The bank’s own Spot Bitcoin ETF,…
Pudgy Penguins and OpenSea Host Private Aquarium Tour During Consensus Miami
Pudgy Penguins and OpenSea Host Private Aquarium Tour During Consensus Miami Source link
Elon Musk opens xAI data centers to Anthropic in surprise AI deal
Anthropic has struck an unexpected deal with Elon Musk-owned SpaceX to expand computing capacity for its Claude AI models. Summary Anthropic secured 300MW of compute capacity from SpaceX’s Colossus 1 facility, which houses more than 220,000 Nvidia processors. Elon Musk…
DOJ, CFTC Probe $2.6B Oil Trades Before Trump and Iran Statements: Report
Key Takeaways Federal investigators are examining oil futures trades totaling more than $2.6 billion. Large bets preceded Iran-related updates that appeared to move global oil prices. Authorities are reviewing whether nonpublic information influenced the timing and scale. DOJ and CFTC…
Joe Lonsdale: Religious persecution in Nigeria is a critical global issue, Iran’s destabilizing influence on Lebanon, and the US is poised for a nuclear energy resurgence
Key takeaways Religious persecution remains a critical global issue, with Nigeria being a significant hotspot. Jihadi groups target Nigeria due to its balanced religious demographics. Iran’s influence has destabilized Lebanon, impacting its Christian population. Data center infrastructure is rapidly evolving,…
Bitcoin Price Analysis: BTC Eyes $85K, Understanding the ‘Triple Threat’ Behind the Price Target
Three signals are converging on a single Bitcoin price analysis target of $85,000, and for once, they are not pointing in different directions. Research firm Glassnode has identified what analysts are calling a ‘triple threat’ setup: Bitcoin has broken above…
Core Scientific Buys Polaris Bitcoin Mine for $421M Oklahoma AI Power Expansion
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The company said Tuesday it plans to scale its…
Ripple (XRP) Price Predictions for This Week
XRP is consolidating in a large pennant and may soon challenge the $1.6 resistance. Ripple (XRP) Price Predictions: Analysis Key support levels: $1.4 Key resistance levels: $1.6, $2 Key Support Holds Steady Despite the flat price action, XRP has maintained…
