Crypto News
No, Trump Didn’t Unveil the Bitcoin Whitepaper in the Oval Office
A fake video of Trump showing off the Satoshi whitepaper is making the rounds, but his real crypto revolution is no joke.Source link
Top Priority: Incoming SEC Chair Promises Solid Crypto Framework
The incoming SEC chair vowed to prioritize a clear crypto framework, criticizing outdated rules for hindering innovation and U.S. leadership. Incoming SEC Chair Calls for Clear Crypto Rules, Economic Revival Under Trump Digital asset policy took center stage as Paul Atkins, President Donald Trump’s nominee to lead the U.S. Securities and Exchange Commission (SEC), addressedSource link
Michael Saylor’s Poll: Gamestop Needs $3B in Bitcoin for Credibility
Strategy’s executive chairman, Michael Saylor, sparked debate with a poll suggesting Gamestop must buy over $3 billion in bitcoin to earn BTC legitimacy. Michael Saylor Turns up the Heat With Poll—Can Gamestop Meet BTC Expectations? Michael Saylor, co-founder and executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), which recently rebranded as Strategy, launched aSource link
CoreWeave Goes Public at $40 Per Share, Raises $1.5 Billion
Artificial intelligence-focused firm CoreWeave raised $1.5 billion for its initial public offering (IPO), valuing the company at roughly $23 billion, Bloomberg reported on Thursday night, confirming earlier reports that it had downsized its IPO.The cloud provider sold 37.5 million shares at $40 each. It had initially planned to sell 49 million shares at $47 to $55 each, but a weaker-than-expected stock market posed difficulties for the company.The company initially sought to raise $4 billion at a $35 billion valuation, reporting $1.9 billion in revenue last year but still seeing a net loss of nearly $900 million.AI powerhouse Nvidia, an investor in CoreWeave, is anchoring the IPO with a $250 million order, Bloomberg reported, citing a person familiar with the matter.CoreWeave...
SEC Officially Drops Cases Against Kraken, ConsenSys, and Cumberland DRW
The agency has officially ended what has been characterized as a "wasteful, politically motivated campaign" against the crypto industry.Source link