Pharos Network ($PROS), a finance-focused Layer 1 blockchain, has expanded payment options for its AI Model-as-a-Service (MaaS) platform, now accepting both $PROS tokens and $USDC. The move, announced via the project’s official X account, aims to streamline access for developers and AI agents utilizing the platform’s advanced models. Platform Integration and Discounts The MaaS platform,
SpaceX closed its first trading day at $161 a share, up more than 19%, and Elon Musk became the world’s first trillionaire. While markets celebrated, Bloomberg senior commodity strategist Mike McGlone delivered a cold-water take on what Thursday’s historic listing actually means for crypto, equities and the broader capital markets. A Structural Shift, Not a
Crypto traders poured money into products tied to Elon Musk’s rocket and satellite business SpaceX (NASDAQ: SPCX), but blockchain markets still could not give them the same thing Ron Baron bought: $1 billion worth of SPCX. The public debut created a funny split, as traditional investors received shares while crypto users received price exposure through
SpaceX shares pushed higher again on Monday, extending the rally that followed one of the largest stock market debuts in history. The stock, listed on the Nasdaq under the ticker SPCX, climbed roughly 12% to $179.97 by early afternoon, up $19.02 on the session and lifting the company’s intraday market value to about $2.35 trillion.
Bitcoin has staged a notable recovery over the past few days after a sharp correction drove the asset toward a major demand zone around $60K. The rebound appears to have been fueled in part by improving macro sentiment following the preliminary peace agreement between the U.S. and Iran, which significantly reduced geopolitical uncertainty and boosted
BofA Securities has initiated coverage of TeraWulf Inc. (NASDAQ: WULF) with a “Buy” rating and a $34 price target. It is worth noting that the telecom analyst Michael Funk titled the research report, “Bye Bye Bitcoin. Hello AI data centers,” to underscore the pivot toward the leading cryptocurrency. Pivoting to AI TeraWulf is currently repurposing
Following positive news from the US and Iran, Bitcoin recovered from around $60,000 and rose above $66,000 during the day. While predictions of further declines and a potential bottom for Bitcoin continue, analysts have shared their updated analyses. Buying Has Returned in Bitcoin, Price is Rising! According to Glassnode analysts, buying pressure has returned to