A new Solana governance proposal called SIMD-0550 aims to double the speed at which the network’s inflation rate is. It targets to eliminate $1.5 billion in future SOL token emissions at current prices and compresses the timeline to reach the terminal inflation floor from 5.7 years down to 2.8. The proposal was submitted by Helius…
The planned network aims to connect traditional banking rails with blockchain infrastructure for around-the-clock settlement capabilities. The biggest banks on Wall Street are reportedly going to launch a tokenized deposit network in the first half of 2027. The effort is being led by the Clearing House, a real-time payments company co-owned by major financial…
SpaceX has secured a major compute agreement withGoogle ahead of its planned Nasdaq listing, adding another large customer to its expanding AI infrastructure business. Summary SpaceX has secured a $920 million monthly compute deal with Google ahead of its planned Nasdaq IPO. Google will access about 110,000 NVIDIA GPUs and related equipment from October 2026…
In Bitcoin news today, publicly traded companies built around holding BTC as their core reserve asset have shed $62Bn in combined market value since early October, with the total capitalization of these firms collapsing from $134Bn to approximately $72Bn, according to data from Artemis. Dozens of digital-asset treasury companies are affected, and losses in their…
Saylor said that Bitcoin’s strength lies in serving multiple constituencies without belonging to any single ideological group or force. Bitcoin has moved beyond being a narrow technical experiment or niche monetary protest, according to Strategy Chairman Michael Saylor. He believes the crypto asset is now the dominant digital monetary network and is a global…
Securitize has moved closer to entering public markets after securing regulatory clearance for its planned SPAC merger. Summary Securitize has received SEC approval for its SPAC merger filing with Cantor Equity Partners II. The deal now moves to a shareholder vote scheduled for June 29. If approved, Securitize is expected to list on the New…
In SEC crypto news today, the US regulatory body has filed a formal opposition in the US District Court for the Western District of Washington, fighting to preserve a $24M judgment against Bittrex: a penalty covering $14.4M in disgorgement, $4M in prejudgment interest, and a $5.6M civil fine, which was finalized in August 2023. The…
XRP opens June with its most significant decline of the past 3 months. The $1.20 support band, which served as the absolute floor for months, is being breached, with the price now trading at $1.11. The RSI is also printing its lowest reading since February’s capitulation, and the next meaningful support is nearly $0.30 lower….
Visa has tested stablecoin settlement using Brale’s SBC token on the Canton Network, as global stablecoin issuance has surpassed $300 billion, according to S&P Global Ratings. Summary Visa, Brale, and Canton Network are testing private stablecoin settlement using SBC, a U.S.- dollar-backed stablecoin, on a permissioned blockchain network. The pilot examines whether financial institutions can…
Microsoft Copilot AI Gold price prediction is targeting $5,500 to $6,000 per ounce for gold by the end of 2026, calling the macro setup as powerful as it has been in years, with the metal sitting at $4,466 and carrying 3 structural tailwinds that are all reinforcing each other simultaneously. The argument Copilot is making…
