Kraken Unveils Bundled Crypto and Tokenized Equity Portfolios

Kraken has launched a new product that bundles cryptocurrencies and tokenized US stocks into pre-built, auto-rebalanced portfolios, as it seeks to attract non-US investors looking for multi-asset exposure within a single investment. The bundles combine digital assets with the company’s xStocks offering, tokenized representations of US equities and exchange-traded funds (ETFs), with allocations set and…

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Stablecoins Surpass Bitcoin in Latin America Crypto Purchases: Bitso Report

Digital asset adoption in Latin America is evolving, with more users now converting funds into stablecoins than into Bitcoin — a shift that reflects growing pressure from local economic conditions. According to Bitso’s 2025 report on crypto adoption in Latin America, 40% of crypto purchases in 2025 were US dollar-linked stablecoins such as Tether’s USDt…

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Mistral AI Drops New Open-Source Model. The Internet Is Not Impressed, Except for One Thing

In brief Mistral Medium 3.5 is a 128 billion parameter dense model priced at $1.50 input / $7.50 output per million tokens, far above comparable Chinese alternatives. Chinese open-source models—Qwen, GLM, MiMo-V2—dominate the leaderboard top, leaving Mistral as a lonely Western holdout. Mistral is positioning the release as a building block toward a future large…

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Elon Musk Says xAI Used OpenAI Models to Train Grok

In brief Elon Musk said xAI partly used OpenAI models to train Grok, according to a TechCrunch report. The method, known as distillation, allows companies to replicate model behavior at lower cost. The disclosure came during Musk’s lawsuit against OpenAI over its shift to a for-profit model. Elon Musk said his artificial intelligence company xAI…

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Bitcoin Crash Incoming? April Surge Was Built on Shaky Ground, Analysts Warn

In brief April’s Bitcoin rally was purely speculative, say analysts—futures demand surged while real spot buying contracted the entire time. The setup mirrors 2022’s bear market onset, and Bitcoin has already begun correcting from its $79K peak. CryptoQuant’s Bull Score fell back to bearish territory (40), flagging continued downside risk. Bitcoin climbed 20% in April,…

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Bitcoin Cost Basis Cluster Forms Near $75K Support

Bitcoin (BTC) is trading at $76,350, which is above several key investors’ cost-basis levels. The one-to-three-month holder average sits at $75,620, placing a large share of recent buyers near breakeven, while the price sits just below the US spot exchange-traded fund (ETF) cost basis of $76,700.  The short-term holder (STH) cost basis and the adjusted…

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Senate Votes to Ban Senators and Staff From Using Prediction Markets

In brief The U.S. Senate unanimously passed S. Res. 708, banning senators from trading on prediction markets. Republican Senator Bernie Moreno of Ohio introduced the resolution targeting potential advantages from non-public government information. The ban represents the first major regulatory action specifically prohibiting government officials from prediction market participation. The U.S. Senate has banned senators…

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