Heritage Distilling to hold $360M in Story Protocol’s IP tokens, becoming the first Nasdaq-listed firm to adopt a blockchain IP asset as reserves. Summary Heritage to acquire 52.5M IP tokens worth $361M as its main treasury reserve. Story will use sale proceeds for IP buybacks to support market alignment. IP trades at $6.09, down 12%…
Key Takeaways Elon Musk intends to sue Apple for allegedly restricting AI companies in the App Store. Musk claims Apple unfairly favors OpenAI while blocking competitors like xAI from top rankings. Share this article Elon Musk has threatened to file an antitrust lawsuit against Apple, claiming the tech giant unfairly restricts AI companies, except OpenAI,…
The long-running legal saga of Terraform Labs co-founder Do Kwon, the man once hailed as a “crypto genius” and later vilified as the architect of one of the industry’s largest financial catastrophes, may finally be approaching its endgame. Tomorrow morning, a U.S. federal court in New York will convene to determine whether Kwon will change…
TL;DR Whales accumulated almost $160 million worth of ADA in the span of only 48 hours. Continuous buying efforts, paired with non-declining demand, could trigger a price rally. Increasing Exposure The renowned analyst Ali Martinez revealed on X that Cardano whales (those having between 100 million and 1 billion tokens) scooped up more than 200…
Bitcoin is moving higher on the daily timeframe after breaching all key resistances below its all-time high. A test of the channel’s upper boundary is likely before a corrective phase sets in, targeting $135,000. Summary $119K is the critical support level maintaining bullish structure. BTC is approaching high timeframe resistance beyond all-time high at $135K….
Key Takeaways Stripe is developing Tempo, a high-performance blockchain for payments, in partnership with Paradigm, per a now-removed job posting. The move follows Stripe’s $1.1B acquisition of stablecoin firm Bridge and its purchase of crypto wallet developer Privy. Share this article Stripe is quietly developing a new blockchain, marking its latest push into the crypto…
The Peter Thiel backed digital asset platform Bullish has significantly raised the stakes on its Wall Street debut, increasing its IPO target from $629 million to as much as $990 million. This move positions it among the most extensive crypto-related public offerings in recent years, after Circle’s $1.1Bn launch earlier this Year. The Cayman Islands-based…
The pace of profit-taking by veteran Bitcoin (BTC) holders has cooled off in August as they resist selling, signaling a shift in market dynamics after a record-breaking July. Data shared by on-chain analytics platform Glassnode shows realized profits by long-term holders, measured over a seven-day moving average, have dipped sharply from July’s $1 billion per…
The U.S. debt continues to grow steadily, reaching $37 trillion. The White House’s attempts to cut spending and boost revenue through tariffs have yet to slow the pace of this growth. Cryptocurrency advocates suggest that digital assets could play a role in tackling the national debt problem. But what are the chances the U.S. can…
Key Takeaways SEC’s resolution of the Ripple case frees resources to focus on building clearer crypto regulations. Commissioner Hester Peirce emphasized the importance of shifting from litigation to proactive regulatory efforts. Share this article SEC Commissioner Hester Peirce says the conclusion of the Ripple lawsuit allows regulators to shift their focus toward developing a clear…
