For Elon Musk’s company, it’s a rounding error against a valuation of over $1.8 trillion: small enough that the stock will never trade on it, yet large enough to normalize the asset in a way no dedicated vehicle can. For years, onchain analysts estimated SpaceX held about 8,300 bitcoin. The S-1 then revealed the real…
Bitcoin climbed above $64,000 on Saturday, reaching an intraday high of more than $64,200. The largest cryptocurrency by market capitalization is up more than 1% over the past 24 hours and is now up over 8% from its June low of just above $59,000. Sentiment has also been supported by further positive developments on the…
Michael Saylor, co-founder of Strategy, the world’s largest publicly listed bitcoin holder, has a new term for Wall Street’s most elite stocks and a congratulatory message for Elon Musk. Following SpaceX’s historic Nasdaq debut on Friday, the Strategy chairman took to X to congratulate Musk, noting that with SpaceX now public, 25% of what he…
The comparison may indicate how much the U.S. crypto derivatives market could change over the next several years. While spot bitcoin ETFs opened the door for traditional investors to gain exposure to bitcoin through brokerage accounts, regulated perpetual futures could give both retail and institutional traders access to one of crypto’s most popular trading instruments…
Investors are increasingly backing stablecoin and credit infrastructure rather than decentralized finance (DeFi) lending alone, with Morpho Labs’ latest funding round drawing attention to onchain credit markets, according to Spark CEO Sam MacPherson. Morpho announced Tuesday that it raised $175 million in a round led by Paradigm, a16z crypto and Ribbit Capital. While Morpho is…
Ripple is trying to put XRP and RLUSD into the market for AI-agent payments in an environment that is still mostly paying in the dollar-pegged USDC stablecoin. The company introduced the XRPL AI Starter Kit earlier this week, a set of developer tools for building AI agents that can send payments on the XRP Ledger,…
One person familiar with the matter told CoinDesk that xStocks and its distribution partners gathered more than $1 billion in customer orders. But when underwriters finalized allocations, many of those requests went unfilled. Binance, Bybit and Bitget received no shares and canceled their offerings. Meanwhile, customers of Kraken and xStocks received only a fraction of…
Strategy also sold about 800,000 shares for $128 million through its at-the-market program in the same week. If the bitcoin sale did not matter, traders were left asking why it needed to happen at all. One possible answer is the S&P 500. Strategy met the technical requirements for index inclusion in September 2025 but was…
The government told Anthropic it had become aware of a method to bypass, or jailbreak, Fable 5. Anthropic reviewed the technique and said what it saw was narrow, not a universal jailbreak, and involved identifying a small number of previously known, minor vulnerabilities. It said other publicly available models, including OpenAI’s GPT-5.5, can find the…
Many are assumed to belong to Bitcoin’s pseudonymous creator Satoshi Nakamoto and other owners who lost their keys, which means they can never be moved to safety. Another 5 million or so are exposed through address reuse, according to Project11, a research group tracking the issue, though most of those are thought to be active…
