Bitcoin Dives Below $75K for First Time in a Month as Crypto Liquidations Near $1 Billion
Bitcoin is starting to rebound after a rocky night that saw the top cryptocurrency by market cap dive below $75,000 for the first time in...
Tag : Billion
US Government Makes $2 Billion Bet on Quantum Computing as Threat to Bitcoin Grows
In brief The U.S. Department of Commerce will invest more than $2 billion in quantum computing startups and foundries. Researchers increasingly warn that “Q-Day,” when...
Prominent Ethereum Dev Proposes $1 Billion ETH Organization With Leader Who 'Wants to Fight'
In brief Former Ethereum Foundation researcher Dankrad Feist proposed replacing the organization with a new group. The new group would need at least $1 billion...
XRP Price Manipulated? $63 Billion Futures Surge Still Can’t Move XRP
XRP price is pinned under $1.40 while its derivatives activity explodes. Futures volume has been holding above $2 billion with steady $400 million in spot...
Elon Musk's SpaceX IPO Filing Reveals $1.45 Billion Bitcoin Position
SpaceX’s official IPO filing revealed a Bitcoin position worth $1.45 billion on Wednesday, highlighting tech CEO Elon Musk’s quiet commitment to the digital asset. The...
Bitcoin Giant Strategy Gets Price Target Boost From TD Cowen After $2 Billion BTC Buy
In brief TD Cowen analysts have upgraded the price targets for shares of Strategy (MSTR) to $400 per share. The upgrade comes as Strategy continues...
Swan Bitcoin Hit With Nearly $1 Billion Lawsuit Over Prime Trust Collapse
In brief PCT Litigation Trust sued financial services firm Swan Bitcoin seeking repayment of nearly $1 billion in assets. The lawsuit alleges that Swan used...
Elon Musk Loses $150 Billion AI Lawsuit Against OpenAI and Sam Altman
Elon Musk’s latest legal challenge against OpenAI has collapsed in court, clearing one of the biggest legal threats facing the ChatGPT maker as competition in...
Bitcoin, Ethereum ETFs Bleed as Crypto Funds Shed $1.07 Billion, Ending 6-Week Win Streak
In brief Iran tensions ended a six-week inflow streak with $1.07 billion in outflows, led by Bitcoin and Ethereum. The sell-off was almost entirely American;...
Strategy Leverages Preferred Stock Issuance for $2 Billion Bitcoin Buy
In brief Strategy purchased 24,869 Bitcoin last week for $2 billion, marking its largest acquisition in nearly a month. The purchase was funded by issuing...