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Anthropic has abruptly disabled its flagship AI models after a US government directive citing national security concerns. Anthropic said it suspended access to its Fable 5 and Mythos 5 AI models after receiving a US government export control directive citing national security concerns. In a statement posted Friday, Anthropic said it received the directive at...
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Elon Musk’s SpaceX completed its landmark IPO on the Nasdaq on Friday, but crypto users seeking tokenized exposure to the IPO were left empty-handed after allocations fell through. Crypto trading platforms Bybit, Binance, Bitget Wallet and MEXC canceled their tokenized SpaceX IPO campaigns and offered refunds for users as SpaceX went public on the Nasdaq...
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New data from Galaxy Research suggests that Bitcoin’s floor price may not drop as low as previous bear markets, but the bottom-finding process is still playing out. New research from Galaxy Digital suggests that Bitcoin’s cycle low could form at higher price levels than previous bear markets due to the absence of speculation. The analysis...
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A positive bid-ask readings and a bullish RSI divergence support Bitcoin’s recovery, with $70,000 emerging as a key target. Bitcoin (BTC) is gaining buyers’ interest after setting a new yearly low at $59,000 last week. Order book data and liquidity suggest a rally is pending and more than $2 billion in short liquidity is concentrated...
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A federal appeals court upheld the former FTX chief’s conviction, while his bid for clemency from President Donald Trump appears to face steep political odds. Former FTX CEO Sam Bankman-Fried failed to overturn his fraud conviction and 25-year prison sentence tied to the collapse of FTX after a three-judge appeals panel rejected his bid for...
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Bitcoin hit $64,000 as SpaceX launched a record-breaking IPO and US-Iran peace deal hopes continued to grow, but doubts over BTC price support remained. Bitcoin (BTC) hit $64,000 after Friday’s Wall Street open while analysis warned of “unreliable” BTC price support. Key points: Read more
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Tokenized RWAs surge despite crypto volatility, Kraken launches SpaceX IPO xStocks, prediction markets outpace onchain gambling and Sam Bankman-Fried seeks a Trump pardon. Crypto prices have spent much of the year reacting to macro headlines and regulatory uncertainty, but tokenization has remained one of the industry’s few consistent growth stories. Active real-world assets are surging,...
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Polish President Karol Nawrocki vetoed a bill to implement MiCA for the third time, just weeks before the end of the EU crypto framework’s transitional period. Polish President Karol Nawrocki vetoed a cryptocurrency regulatory bill for the third time, which sought to implement Europe’s Markets in Crypto Assets Regulation (MiCA) in the country. Nawrocki said...
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A Seychelles court said KuCoin can’t treat unwithdrawn tokens as “abandoned,” and awarded a Swiss investor over $2 million. He says the exchange still hasn’t paid and plans to sue again. A Swiss investor said KuCoin has yet to pay a Seychelles Supreme Court award of more than $2 million after the exchange declared his...
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Metaplanet will acquire Siiibo Securities and rename it Metaplanet Securities as it builds out Project Nova, its Bitcoin-centric finance strategy in Japan. Metaplanet announced on Friday that it has agreed to acquire Siiibo Securities in a 2.1 billion yen ($13.1 million) deal to form a securities arm. The Tokyo-listed Bitcoin (BTC) treasury company said it...
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