David O. Sacks Named White House A.I. & Crypto Czar by President-elect Trump
Bitget is merging its native tokens, BGB and BWB, into a unified token, BGB, to streamline its ecosystem and enhance utility across its exchange and wallet platforms. Post-merger, BGB will power decentralized applications, staking in DeFi protocols, multi-chain gas fee payments, and real-world Web3 PayFi solutions like dining, travel, and shopping. BWB holders will have…
In the latest knock for Ben Armstrong, the controversial influencer formerly known as BitBoy, a court has ordered him to pay nearly $3 million to “Shark Tank” investor Kevin O’Leary. A federal judge handed down the $2.8M default judgment after Armstrong failed to defend himself against claims of harassment and defamation. This ruling marks a…
Markets are reacting as the US government shutdown nears its conclusion, and XRP has emerged as a clear winner. Crypto traders are eyeing the potential debut of several XRP exchange-traded funds (ETFs), with multiple products already appearing on the DTCC website, signaling that the US infrastructure may be ready for trading. Digital assets meet tradfi…
Matthew Sigel predicts Bitcoin’s bull run will continue for at least two more quarters. Institutional interest is growing, with advisors considering 1-3% Bitcoin allocations. VanEck targets Bitcoin at $180,000, forecasting a 1,000% rise from market lows. In a recent CNBC “Squawk Box” interview, Matthew Sigel, Head of Digital Assets Research at VanEck, forecasted that the…
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In brief GameStop pledged 4,709 BTC BTC to a covered call strategy on Coinbase Prime, giving the exchange the right to rehypothecate or sell the coins. The move reclassifies the holdings from an intangible asset to a receivable, changing how gains and losses flow through earnings. CEO Ryan Cohen has declined to rule out selling…