Meta doubles down on AI with $21 billion CoreWeave (CRWV) partnership

CoreWeave (CRWV) and Meta (META) have broadened their existing partnership, originally valued at up to $14.2 billion, with a new agreement worth around $21 billion. As part of the deal, CoreWeave will supply dedicated cloud capacity to Meta through 2032, helping power the development and rollout of its AI technologies. The infrastructure will span multiple…

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Analysts clash as BTC hovers below key resistance: Crypto Markets Today

The crypto market remains pinned just below its early-February ceiling, with bitcoin BTC$71,307.30 hovering at $71,200 and ether (ETH) trading at $2,185. The sideways crawl comes despite a risk-on boost from the recent US-Iran ceasefire, leaving analysts sharply divided on the next leg. Bloomberg’s Mike McGlone said this week that BTC needs to reclaim $75,000…

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Strategy’s STRC sees one of its biggest trading days while holding firm at $100

Strategy’s (MSTR) perpetual preferred stock “Stretch” (STRC) traded roughly $333 million in volume on Wednesday, marking its seventh highest daily volume since debuting in July 2025. Despite the heavy activity, STRC remained tightly anchored around its $100 par value throughout the session. This stability prompted executive chairman Michael Saylor to remark, “one penny of volatility,…

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Iran’s crypto tanker tolls are the latest step in its sanctions‑busting trade network

It’s no surprise that Iran is now accepting cryptocurrency payments from cargo ships passing through the Strait of Hormuz. Experts in blockchain criminality say this move fits perfectly with Tehran’s existing sanctions‑skirting trade networks. Iran’s crypto tolls have now been confirmed via recent comments from a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’…

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CFTC presses case that sports betting is finance, seeks to block Arizona enforcement

The U.S. government is making its clearest case yet that betting on sports can be regulated as finance, not gambling. In a filing late Tuesday, the Commodity Futures Trading Commission and Department of Justice asked a federal court to block Arizona from enforcing its gambling laws against prediction market operator Kalshi. The agencies argue that…

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Bitcoin under $71,000, ETH, SOL, XRP drop as Iran ceasefire frays within 48 hours of being signed

Bitcoin traded at $70,981 on Thursday, down 0.5% over 24 hours but still up 6.1% on the week, as the two-week ceasefire between the U.S. and Iran that triggered Tuesday’s broad rally began showing cracks less than 48 hours after it was announced. Iranian Parliament Speaker Mohammad Bagher Ghalibaf said three clauses of the ceasefire…

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Pharos raises $44 million in Series A to power real-world asset tokenization

Pharos Network, a layer 1 blockchain focused on tokenized real-world assets, said it raised $44 million in a Series A round led by a mix of traditional finance and crypto investors. Backers include Sumitomo Corporation’s venture arm, SNZ Holding, Chainlink and Flow Traders, along with unnamed financial institutions the firm described as “giants in global…

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