Nasdaq-listed Digital Currency X Technology Inc. is asking shareholders to approve a 160-for-1 reverse stock split, also known as a share consolidation, on September 3. It would be the company’s second consolidation of 2026 after a 12-for-1 action took effect on January 22. Digital Currency X recently shifted from electric-vehicle manufacturing into the digital asset
TAC, an EVM network connected to TON, halted validator block production after the project said an exploited vulnerability affected the Cosmos-based EVM side of its network and, according to TAC, only the TAC token supply. In an Aug. 22 notice, the team said it was working with validators on a temporary halt that would take
Bitcoin’s vocal advocate and founder of the world’s largest Bitcoin treasury firm, Strategy, has sparked fresh debate on Bitcoin amid the persisting buzz surrounding the asset’s recent breakout. In a recent post shared by Saylor, the Bitcoin veteran shared a video that addresses the popular Bernard Arnault test, with claims that Bitcoin perfectly fits the
CleanCore’s $100 million stock offering increased its common shares outstanding from 226,260,684 to 502,090,260, with proceeds tied to its shift from cleaning products and Dogecoin treasury assets into Minnesota AI infrastructure. An Aug. 20 SEC filing states that CleanCore reached the new total after issuing 275,829,576 offering shares. The final prospectus supplies the pre-offering base,
Bitcoin’s rally squeezed short sellers last the week. By Sunday, the reversal was hitting leveraged longs. Bitcoin liquidations hit leveraged longs At about 07:00 UTC on Aug. 23, CoinGlass showed $101.39 million of crypto long positions liquidated over four hours, almost 86% of the window’s $118.13 million total. The 24-hour view put long liquidations at
Bernstein has maintained an Outperform rating and $140 price target on Circle Internet Group, implying about 59% upside after CRCL closed Friday at $87.98, as the brokerage expects $USDC adoption to support the company even without passage of the CLARITY Act. Bernstein analysts led by Gautam Chhugani said in an Aug. 24 note that Circle’s
Two recent developments suggest that heavily indebted governments are turning to an old playbook, one that’s generated a lot of buzz on social media and could prove to be a long-term bullish tailwind for assets such as bitcoin $BTC$77,734.03 and gold. That playbook is “financial repression,” a policy governments use when their debt grows too
While Nvidia (NASDAQ: NVDA) stock has been suffering from a stubborn losing streak through the previous week and has only seen a moderate 0.093% upward move in the Monday pre-market, it is set for a major catalyst on August 26. Nvidia stock price one-week chart. Source: Google Specifically, the world’s largest semiconductor company is set
U.S. President Donald Trump executed a series of stock trades in June involving companies tied to the cryptocurrency and financial technology sectors, according to newly released filings from the U.S. Office of Government Ethics. The filings, reported by Digital Asset, show a reduction in his holdings of Strategy (MSTR) and Coinbase (COIN), alongside a new
The Treasury just doubled its bond buyback program while national debt crossed $40 trillion. Bitcoin responded with its best week since March 2024, gaining 27% as institutional money poured into spot ETFs at a record pace. On the morning of Aug. 19, 2026, the U.S. Treasury Department announced it would at least double the size