Two days into a precedent-setting trial in which the tech giant was accused of designing addictive platforms, Meta has agreed to a mammoth $17 billion settlement. In addition to the financial penalties — just a portion of the potential $200 billion payout from multiple lawsuits filed against the company — Meta has also committed to…
Bitcoin has staged a sharp recovery from the $60K demand zone, breaking above several major technical barriers and reclaiming the $72K-$74K area. The latest move has pushed BTC toward the $80K resistance zone, where momentum is beginning to show signs of exhaustion. At the same time, the on-chain picture has improved materially, with the average…
Bitcoin’s latest surge has traders making increasingly aggressive bets that the rally has further to run. On Monday, one or more traders bought 2,000 Bitcoin call-option contracts with an $82,000 strike price expiring Sept. 4, according to Laevitas. The position cost about $2.9 million in premiums. The trade is a straightforward bullish bet: Bitcoin needs…
Well, that was quick. Not even a quarter of the way into an expected 19-day federal trial over Meta’s alleged failure to protect young users, the social media giant agreed to settle the case. The company has agreed to pay up to $16.7 billion to 51 US states and territories, and make substantive product changes…
Key Takeaways Blackrock’s IBIT led $314.37M into bitcoin ETFs on Tuesday, extending inflows to seven sessions. Solana, XRP, and HYPE gained $63.63M combined, showing institutional demand is broadening. Grayscale launched ZCSH with $314M in assets, testing demand beyond major crypto ETFs. Blackrock Captures Over 90% of $314.37M Bitcoin ETF Inflow The late-August bid showed no…
Digital asset infrastructure provider Taurus has connected its tokenization and custody platforms to Swift’s blockchain-based shared ledger, giving financial institutions a route to use bank-issued tokenized deposits for round-the-clock cross-border payments. Summary Taurus has connected its custody and tokenization platforms to Swift’s blockchain ledger. The first client integrations are expected within days, followed by initial…
Meta has agreed to pay up to $18 billion to settle claims from 29 U.S. states over children’s safety. The lawsuit alleged that the social media giant knowingly designed platforms like Instagram and Facebook to addict children, despite knowing about the harms the platforms could pose to young users. The states also claimed that Meta…
XRP Ripple on-chain activity jumped sharply in August, while the token sits near $1.43, up +42% over the past seven days, according to CoinGecko data. Average daily active addresses on the XRP Ledger rose +35% month over month to roughly 35,700, up from about 26,400 in July, while new-address creation barely moved at all. This…
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Key Takeaways U.S. M2 hit a record $23.16 trillion as global measures pushed toward $103 trillion. Bitcoin ripped higher in August but remains below its 2025 peak. U.S. M2, DXY and bitcoin ETF flows will decide whether the catch-up trade survives. Global M2 Blows Through Record Territory Just like the global debt, the money supply…
