Cerebras IPO nearly doubles on Nasdaq debut
Cerebras IPO shares nearly doubled on their first day of trading, opening at $350 after pricing at $185 per share on Wednesday evening. Summary Cerebras raised $5.55 billion at $185 per share and opened Thursday at $350, the largest US…
US CFTC expands oversight of prediction markets, collaborates with major sports leagues
The Commodity Futures Trading Commission is no longer just watching prediction markets from the sidelines. Chairman Mike Selig confirmed on May 12 that the agency is in active discussions with every major professional sports league in the US, including the…
SIREN price crashes 51% as MACD signals deeper slide
SIREN price crashed 51.36% on May 14, closing at $0.5574 after opening above $1.14. Summary SIREN price collapsed 51.36% on the daily chart on May 14, closing at $0.5574 after hitting an intraday high of $1.1619. The daily MACD histogram…
Binance CMO Rachel Conlan to depart on June 15 after three years
Rachel Conlan, the chief marketing officer who steered Binance’s brand through one of its most turbulent periods, is leaving the exchange on June 15. She’ll stay on in an advisory capacity during the transition, but the day-to-day marketing reins are…
Crypto Correlations Hit Record Highs as BTC-SOL Reaches 0.99
Ethereum emerged as the most connected asset, showing strong alignment with Cardano, Solana, and Dogecoin. Analytics platform DefiLlama has reported an elevated degree of price synchronization among leading cryptocurrencies. Over the past week, several major trading pairs showed correlation…
Bitcoin Pulls In $706M as Traders Abandon Short Positions in Massive Sentiment Shift
While Bitcoin dominated headlines, Solana and XRP investment products also recorded sharp increases in activity. Digital asset investment products posted inflows of $857.9 million, and extended six straight weeks of positive flows – the highest weekly figure since April…
Solana and Google Cloud Team Up for Stablecoin-Powered AI Agent Payments
Developers can link a Solana wallet to AI tools like Claude Code or Gemini and have an agent accessing paid APIs within one minute. The Solana Foundation has partnered with Google Cloud to launch Pay.sh, a platform that allows…
Wall Street Giant Morgan Stanley Enters Crypto Race With Pricing Edge: Report
Morgan Stanley is bringing Bitcoin, Ethereum, and Solana trading to E*Trade clients soon. One of the world’s largest wealth management firms, Morgan Stanley, is all set to introduce cryptocurrency trading on its E*Trade platform, which it acquired for $13…
Is Bitcoin in Further Trouble as Trump Halts Iran Talks and Tensions Rise?
BTC already dipped by almost a grand, but more volatility is expected tomorrow evening. Although the ceasefire between the US and Iran was extended during the week, the peace talks between the two sides continue to fail, this time…
Apecoin Insider Turns $174K Into $2.45M in One Day With 14x Trade on Both Sides of 80% Surge
Key Takeaways: Wallet 0x0b8a converted $174,000 in ETH into a leveraged Apecoin long, exiting near the top for a $1.79M profit. The trader immediately flipped short after closing the long, generating an additional $488,000 for a combined $2.27M gain and…
Ripple Plans Quantum-Resistant XRP Ledger by 2028
Ripple released a detailed four-phase roadmap on April 20 to protect the XRP Ledger from future quantum computing attacks, with Phase 2 testing already underway, targeting full post-quantum cryptography implementation no later than 2028, as SoFi separately enabled XRP deposits…
Bitcoin sharks accumulate 37,920 BTC as Middle East tensions ease
Bitcoin sharks have amassed over 37,920 BTC as geopolitical tensions in the Middle East ease, according to Trading View. The market for Bitcoin dipping to $60,000 in April sits at a low probability, while the odds of Bitcoin reaching $200,000…
CFTC Defends Jurisdiction in Massachusetts Kalshi Case
Key Takeaways: CFTC filing asserts exclusive authority over prediction markets, signaling federal dominance over state challenges ahead. Massachusetts case involving KalshiEx highlights conflict where state enforcement threaten unified national derivatives oversight framework. Mike Selig warns states challenging CFTC authority will…
Hyperliquid’s (HYPE) Growth Story Meets Slowing Activity: Report
Hyperliquid brought in $153.8 million in fees, slightly lower this quarter but higher year-over-year, with nearly all revenue used for HYPE buybacks. Hyperliquid’s HYPE token rose 80% over the past 90 days, significantly outperforming Bitcoin’s 10% gain over the…
DoorDash Pays Drivers in Stablecoins via Tempo
DoorDash has begun building stablecoin payment infrastructure on Tempo, the Layer-1 blockchain incubated by Stripe and Paradigm, to pay delivery workers and merchants across more than 40 countries at near-instant settlement speeds and fixed US dollar fees, in one of…
38 Attorneys General Back Massachusetts Lawsuit Against Kalshi Over Prediction Markets
Key Takeaways: Coalition of 38 attorneys general supports Massachusetts lawsuit alleging Kalshi enables unlicensed sports betting activity. CFTC filing adds to the dispute as federal regulator claims exclusive authority over prediction markets. Court decision in Massachusetts case could reshape balance…
Israel strikes Hezbollah targets, straining fragile ceasefire in Lebanon
Israel struck Hezbollah targets in southern Lebanon, putting pressure on a fragile ceasefire. The ceasefire with Hezbollah by April 30 market sits at 100% YES. The ceasefire technically holds, but ongoing skirmishes between Israel and Hezbollah point to an unstable…
Pavel Durov Unveils Massive TON Fee Cut With Near-Zero Costs Incoming
TON will reduce transaction fees to near zero within a week. Telegram founder and CEO Pavel Durov said that within a week, transaction fees on TON will be reduced sixfold to 0.00039 TON (about $0.0005) per transaction. Moreover, fees…