Adam Forsyth

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,…

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…

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…

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…

XRP sell pressure hits 2021 lows but can bulls clear $1.45?

XRP whale inflows to Binance have fallen to their lowest level since November 2021, according to CryptoQuant analyst Arab Chain.  Summary XRP whale inflows to Binance fell sharply, lowering fears of large-scale selling pressure near term. Analysts say a confirmed…

Trump warns Iran of more attacks amid stalled peace talks

## Market Snapshot The market for an Israel-Iran permanent peace deal by June 30, 2026, is currently priced at 12.5% YES, up from 12% 24 hours ago. The May 31, 2026, sub-market is priced at 4.3% YES, reflecting a decrease…

Bittrex asks court to void $24M SEC settlement over crypto stance

Bittrex has asked a U.S. federal court to overturn its $24 million settlement with the Securities and Exchange Commission after the regulator abandoned the crypto enforcement approach used against the exchange under the Biden administration. Summary Bittrex has asked a…

Iran closes Strait of Hormuz, disrupting global oil transit

## Market Snapshot The market for “Will 20 ships transit the Strait of Hormuz on any day by May 31?” currently prices at 76% YES. This is an increase from 66% 24 hours ago, suggesting heightened expectations despite the ongoing…

TrustedVolumes loses nearly $6M in fresh 1inch-linked exploit

TrustedVolumes, a liquidity provider and market maker connected to 1inch, was hit by an ongoing exploit that drained about $5.87 million from its Ethereum resolver contract, according to blockchain security firm Blockaid. Summary Blockaid said TrustedVolumes lost nearly $6 million…