In brief Reabold Resources is “exploring the potential” to use its new gas field site to power a Bitcoin mining operation. The firm initially received pushback after The Telegraph reported it would mine Bitcoin instead of contributing to U.K. energy needs. Shares in the firm, which traded on the London Stock Exchange, jumped more than…
Since Paul Atkins was sworn in as chair of the US Securities and Exchange Commission (SEC) on April 21, 2025, the agency has significantly changed its position on regulation and enforcement related to digital assets, marking a shift from the leadership of former chair Gary Gensler during the Biden administration. During his 2024 presidential campaign,…
Tether has taken an 8.2% stake in Antalpha, making the stablecoin issuer one of the company’s largest shareholders following its May 2025 initial public offering (IPO), according to a Monday filing. The Schedule 13D filing with the US Securities and Exchange Commission indicates that Tether now holds 1.95 million shares through related entities, with Giancarlo…
Key points: Buyers aggressively bought into the dip in Bitcoin, indicating positive sentiment. That increases the possibility of a rally to $84,000. Several major altcoins have pulled back to their support levels, signaling that the bears remain sellers on rallies. Bitcoin (BTC) corrected over the weekend but is finding buyers at lower levels, indicating a…
In brief Palantir posted a thread on Saturday summarizing ideas from The Technological Republic, a 2025 book by CEO Alex Karp and executive Nicholas Zamiska. The post argues that artificial intelligence will define the next era of military deterrence and that Silicon Valley has a responsibility to support national defense. Academics and commentators warned that…
In brief Prediction markets show low confidence in a near-term recovery in the oil markets. Despite a ceasefire, shipping disruptions persist in the Strait of Hormuz due to security risks. Traders are increasingly betting on prolonged instability, with markets pricing higher oil prices and only gradual normalization into late May or June. The world’s most…
In brief AI-generated tracks now represent 44% of all new music uploaded daily to Deezer’s platform, the firm said. The streaming service receives nearly 75,000 AI-generated tracks per day, totaling over 2 million each month. However, AI music accounts for only 1-3% of total streams on the platform—and a majority of the streams are demonetized…
In brief RaveDAO’s little-known token erased $6.6 billion in market cap after ZachXBT called on exchanges to investigate whether RAVE was being manipulated. The token, which people can use to purchase tickets, reached a dizzying valuation over the course of two weeks before plummeting. Executives from Bitget, Binance, and Gate said they would investigate the…
An Ethereum whale has opened a significant long position on Ether (ETH) worth $90.8 million, in what looks like a bold bet that the upside is not over for the top altcoin. Key takeaways: Ethereum whale opened a leveraged long position totaling $90.8 million. Ether price chart’s ascending triangle targets $3,230. Top traders open new…
In brief The NSA is deploying Claude Mythos Preview despite the Pentagon—which oversees the agency—designating Anthropic a supply-chain risk in March, per a report. Anthropic CEO Dario Amodei met with White House Chief of Staff Susie Wiles and Treasury Secretary Scott Bessent on April 17, with both sides calling the discussions “productive.” An administration source…