MGX, a fund backed by Dubai’s ruling family, will take a 15% stake in TikTok’s U.S. business as part of a restructuring meant to increase American control of the popular video app, the Washington Post reported Friday. The investment, led by Sheikh Tahnoon bin Zayed Al Nahyan, brings MGX into a partnership with Oracle, the
Although the Bitcoin bull run has been consistently interrupted by recurring price dips, the leading cryptocurrency has now held above the $100,000 mark for 142 consecutive days. While this seems impressive, this record is on the verge of closing, according to a Bitcoin price prediction issued by crypto analyst Ali Martinez. The analyst shared a
Smart Digital Group faced a brutal investor revolt as its Nasdaq-listed shares imploded following a surprise announcement to establish a diversified cryptocurrency asset pool, a move markets likely viewed as a high-risk diversion. Summary Smart Digital Group stock collapsed 87% after announcing plans for a diversified crypto asset pool targeting Bitcoin and Ethereum. The move
The recent weakness in Bitcoin’s price has predictors on Myriad feeling bearish about the asset’s next major price milestone—now predicting a dip to $105,000 before it makes a new all-time high at $125,000. Odds of the next stop being $105,000 have increased to 68% in the last week, a gain of more than 25% in
Key Takeaways Kraken is reportedly in talks with a strategic investor for a deal valuing the company at $20 billion. This would mark a sizable increase from its last $15 billion valuation after a $500 million funding round. Kraken, a cryptocurrency exchange preparing for a 2026 IPO, is in talks with a strategic investor at
As stablecoin and cryptocurrency adoption accelerate worldwide, emerging markets face mounting risks to monetary sovereignty and financial stability, according to a new report from Moody’s Ratings. The credit rating service warned that widespread use of stablecoins — tokens pegged 1:1 with another asset, usually a fiat currency like the US dollar — could weaken central
Prominent Uber investor Jason Calacanis has reiterated that investors who want to get exposure to Bitcoin should buy the leading cryptocurrency directly instead of buying the shares of Strategy (MSTR). Calacanis, who has emerged as one of the most vocal Strategy bears, believed there is a 75% chance that he will end up being correct.
Leaked text messages about Knots leader Luke Dashjr’s alleged plan for a Bitcoin hard fork sparked a media frenzy within the Bitcoin community late yesterday afternoon. Tech outlet TheRage reported that Dashjr would consider temporarily hardforking the blockchain, if necessary, to protect node operators from CSAM that might be easier to relay around the Bitcoin
All of the top 10 coins remain under bears’ pressure today, according to CoinStats. BTC/USD The price of Bitcoin (BTC) has dropped by 2.17% since yesterday. On the hourly chart, the rate of BTC has made a false breakout of the local support of $108,777. However, if the bounce back does not happen, traders may
Bitcoin traded below $110,000 on Sept. 26 amid bearish sentiment and ETF outflows, but analysts see potential for recovery if macro conditions improve. Analyst Perspectives on the Bearish/Bullish Outcome On Sept. 26, bitcoin ( BTC) continued to trade below $110,000 as bearish sentiment swept across the cryptocurrency market. According to Coingecko data, the top crypto