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News
Kalshi’s Equity Perpetual Plan Tests SEC-CFTC Rules
45+ min ago (826+ words) Kalshi is reportedly preparing to seek approval for perpetual futures tied to approximately 60 large-cap stocks and exchange-traded funds, including Apple, Nvidia and Tesla. The proposal would apply a crypto-native derivative structure to an asset class with fixed trading hours, corporate…...
IREN Shares Fall as AI Contracted ARR Outpaces Recognized Revenue
1+ day, 23+ hour ago (516+ words) IREN shares fell about 3.9% in the latest trading as the company reported a rapidly expanding AI contract book alongside significantly lower recognized AI revenue. IREN says it expects $4 billion of contracted annualized run-rate revenue tied to 2026 capacity, compared with $1 billion…...
Commerce Department Backs $300 Million Quantum Computing Push
2+ day, 20+ hour ago (764+ words) The U.S. Commerce Department finalized CHIPS Act awards worth up to $100 million each for quantum-computing companies Rigetti, D-Wave, and Quantinuum on Tuesday, taking minority equity stakes in all three. The funding, aimed at scaling the hardware and error-correction systems needed for…...
Germany’s Finance Ministry Drafts Bill To End Tax-Free Bitcoin Holding Period
2+ day, 20+ hour ago (713+ words) Germany’s Federal Ministry of Finance is preparing a draft bill that would end the tax exemption letting private investors sell Bitcoin and other cryptocurrencies tax-free after holding them for more than a year. The bill, led by Vice Chancellor Lars…...
Canary’s Staked TRX ETF Debuts On Cboe, Giving Wall Street Access To Tron’s Native Token
2+ day, 22+ hour ago (727+ words) The Canary Staked TRX ETF began trading on Cboe on Wednesday under the ticker TRXS, becoming the first U.S.-listed exchange-traded fund tied to TRX, the native token of the Tron blockchain. The fund gives investors in the world’s largest economy…...
Bit Digital Uses Ethereum Treasury to Fund WhiteFiber Lending Strategy
2+ day, 23+ hour ago (539+ words) Bit Digital is using its Ethereum treasury as collateral to finance a lending strategy tied to its majority-owned AI infrastructure company, WhiteFiber. The company borrowed $50 million against liquid-staked ETH while also funding a WhiteFiber loan facility carrying a higher interest…...
Liquid Says $47M in Bitcoin Still Outstanding as Blockstream Talks Continue
3+ day, 17+ hour ago (509+ words) Liquid Network says about 598.5 BTC worth roughly $47 million remains outstanding after the actors behind its Sept. 6 security incident returned most of the Bitcoin withdrawn from the sidechain. Blockstream is continuing discussions with the self-described white-hat actors as Liquid works to…...
Strategy Sells Out $250 Bitcoin-Themed Jordans but Store Won’t Take Bitcoin
3+ day, 19+ hour ago (490+ words) Strategy has sold out a limited run of $250 Bitcoin-themed Air Jordans, extending its Bitcoin branding into footwear. The catch is that Strategy’s online store does not list Bitcoin as a payment option, even though the company holds more than 845,000 BTC…...
Grant Cardone Lists $80M Bombardier Jet for Bitcoin After Trump Warning
3+ day, 20+ hour ago (505+ words) Real estate investor Grant Cardone has listed his 2024 Bombardier Global 7500 for $80 million after President Donald Trump threatened to block Bombardier aircraft sales in the United States. Cardone followed the dollar listing with a 1,025 Bitcoin asking price, while his investment business…...
Strive’s SATA Preferred Stock Nears $1 Billion Market Cap
4+ day, 1+ hour ago (653+ words) Strive’s high-yielding preferred stock, SATA, is approaching a $1 billion market capitalization as the Bitcoin treasury company continues to expand its Bitcoin holdings and outperform larger rival Strategy. Strive CEO Matt Cole said SATA accounted for 70% of the capital the company…...