A Polymarket trader has resurfaced after a seven-month hiatus to wager on an Israeli strike against Iran. This has reignited market speculation over whether the activity reflects informed positioning or coincidence. These actions echo recent controversies tied to Venezuela, where three wallets reportedly made more than $630,000 by betting on the arrest of President Nicolás
Elon Musk’s artificial intelligence startup xAI has closed an upsized $20 billion Series E funding round, exceeding its original $15 billion target as tech giants pour billions into the AI arms race despite mounting regulatory scrutiny and AI bubble warnings. The company announced on Tuesday that it had completed the Series E round, with participation
Silver surged to $82.7 per ounce in early Asian trading hours, nearing its recent all-time high (ATH). The precious metal briefly overtook NVIDIA to become the world’s second-largest asset by market capitalization. The move has drawn significant attention across financial markets. Analysts are increasingly comparing silver to Bitcoin, with some suggesting the cryptocurrency could be
The opBNB network has completed its mainnet hardfork that began on early Tuesday morning on its testnet. The Fourier Mainnet hardfork was then shifted to the mainnet at around 03:00 UTC on Wednesday, which ex-Binance CEO Changpeng Zhao confirmed was completed one hour later. According to the opBNB network upgrade’s notes on GitHub, the Fourier
Story Highlights Bitcoin dips 2.18% from highs, but veteran trader views move as healthy correction. Matthew Dixon says ABC correction and falling wedge signal bullish continuation, not breakdown. Key Bitcoin support sits at $82K–$85K, resistance zones range between $95K and $112K. Bitcoin, the world’s largest cryptocurrency, recently dropped from its yearly high of $94,762 to
Gold and silver briefly reclaimed their spot as the two biggest assets by market capitalization as the new year rolled in with uncertainty. According to data from analytics platform CompaniesMarketCap, gold currently has a market cap of $31.1 trillion, sitting at the top spot. Silver, which has been trading places with Nvidia for second place
Barclays, the U.K.’s second-largest bank by market capitalization, said it invested in Ubyx, a U.S. startup developing clearing systems for tokenized forms of money such as bank deposits and regulated stablecoins. The investment, terms of which were not disclosed, signals growing interest among traditional banks to lay the groundwork for blockchain-based payments that stay within
Digital asset treasury company Metaplanet (3350) rose 4% in Tokyo on Wednesday after index provider MSCI decided not to exclude firms building cryptocurrency stockpiles from its global indexes. Metaplanet is now up 20% since the start of the year. The rally means company is valued at a premium to its bitcoin holdings, with a multiple
Crypto mass adoption could just be a matter of time, as older, crypto-averse generations eventually pass their wealth to their descendants, according to an industry executive. During an episode of the Milk Road show on Tuesday, Zac Prince, the head of Galaxy Digital’s banking venture, Galaxy One, predicted that as older people pass away and
Bitcoin’s Jan. 6 surge past $94,000 quickly reversed to $91,500 erasing over 2% and triggering $96.5 million in long liquidations as total crypto market cap slipped by $70 billion. While skeptics framed the initial surge as a “dead cat bounce,” institutional inflows of $1.1 billion into spot exchange-traded funds and metrics showing strong accumulation suggest