Nvidia is in talks to make one of its boldest artificial intelligence bets yet, negotiating an investment in Perplexity that would value the AI search startup at more than $30 billion, according to reporting from The Information and confirmed by Reuters. If finalized, the Nvidia investment in Perplexity would mark a sharp jump from where
The European Central Bank (ECB) is defending the privacy design of its planned central bank digital currency (CBDC). In an Aug. 10 interview published Monday, ECB Executive Board member Piero Cipollone said the digital euro’s design would limit the amount of transaction information available to the central bank. “The Eurosystem would not be able to
Bitcoin treasury firm Strategy MSTR$120.10·引け時 raised approximately $2 billion last week through the sale of 18.26 million shares of common stock, according to a filing on Monday. Strategy allocated $300 million of the proceeds to its USD Reserve and used $136.4 million to repurchase 1.43 million shares of its variable-rate preferred stock, STRC. The remaining
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