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Hot 🚀🚀🚀 Vietnam grants sandbox license for the first USDT payment project in Da Nang. This project is aimed at foreign tourists. It allows payment for services using USDT via QR code (which will automatically convert to VND)
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Qivalis Alliance Adds 25 Banks to Euro Stablecoin ProjectThe Qivalis European Banking Alliance, which is gearing up to launch a regulated stablecoin pegged to the euro, has expanded to 37 members. The initial issuance of this new digital currency is planned for the second half of 2026, pending regulatory approval.
The Qivalis European Banking Alliance just announced the addition of 25 new members, bringing the total to 37 financial institutions from 15 countries. Among the big names joining are ABN AMRO, Intesa Sanpaolo, Nordea, Rabobank, and Swedbank, which are cornerstone banks of the European financial system.
Qivalis Alliance Adds 25 Banks to Euro Stablecoin Project
The Qivalis European Banking Alliance, which is gearing up to launch a regulated stablecoin pegged to the euro, has expanded to 37 members. The initial issuance of this new digital currency is planned for the second half of 2026, pending regulatory approval.
The Qivalis European Banking Alliance just announced the addition of 25 new members, bringing the total to 37 financial institutions from 15 countries. Among the big names joining are ABN AMRO, Intesa Sanpaolo, Nordea, Rabobank, and Swedbank, which are cornerstone banks of the European financial system.
The Qivalis European Banking Alliance just announced the addition of 25 new members, bringing the total to 37 financial institutions from 15 countries. Among the big names joining are ABN AMRO, Intesa Sanpaolo, Nordea, Rabobank, and Swedbank, which are cornerstone banks of the European financial system.
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European Commission Reviews Whether MiCA Regulations Are Still Relevant to the EU Crypto Asset MarketThe European Commission has kicked off the feedback collection process regarding the implementation of MiCA, running until 31/8/2026. The consultation results will help shape the EU's future approach to crypto asset regulation.
The European Commission has just launched a public consultation to assess whether the Market in Crypto Assets Regulation (MiCA), the EU's first comprehensive legal framework in this area, is still in sync with the rapid pace of market development. The deadline for gathering feedback is until 31/8/2026, and the consultation results will directly influence Brussels' crypto asset policy approach in the next phase.
European Commission Reviews Whether MiCA Regulations Are Still Relevant to the EU Crypto Asset Market
The European Commission has kicked off the feedback collection process regarding the implementation of MiCA, running until 31/8/2026. The consultation results will help shape the EU's future approach to crypto asset regulation.
The European Commission has just launched a public consultation to assess whether the Market in Crypto Assets Regulation (MiCA), the EU's first comprehensive legal framework in this area, is still in sync with the rapid pace of market development. The deadline for gathering feedback is until 31/8/2026, and the consultation results will directly influence Brussels' crypto asset policy approach in the next phase.
The European Commission has just launched a public consultation to assess whether the Market in Crypto Assets Regulation (MiCA), the EU's first comprehensive legal framework in this area, is still in sync with the rapid pace of market development. The deadline for gathering feedback is until 31/8/2026, and the consultation results will directly influence Brussels' crypto asset policy approach in the next phase.
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MoneyGram Becomes Validator for Tempo Blockchain in Cross-Border SettlementsOver 50 million customers in 200 countries will benefit as MoneyGram teams up strategically with the Tempo blockchain, integrating stablecoins into the global payment infrastructure.
MoneyGram, one of the largest international money transfer service providers in the world, has just announced its entry into the Tempo blockchain network as an anchor validator, a select group responsible for verifying and validating all transactions on the network. This means MoneyGram is not only leveraging the Tempo infrastructure but is also directly involved in operating and securing the system, a commitment with significant strategic depth.
MoneyGram Becomes Validator for Tempo Blockchain in Cross-Border Settlements
Over 50 million customers in 200 countries will benefit as MoneyGram teams up strategically with the Tempo blockchain, integrating stablecoins into the global payment infrastructure.
MoneyGram, one of the largest international money transfer service providers in the world, has just announced its entry into the Tempo blockchain network as an anchor validator, a select group responsible for verifying and validating all transactions on the network. This means MoneyGram is not only leveraging the Tempo infrastructure but is also directly involved in operating and securing the system, a commitment with significant strategic depth.
MoneyGram, one of the largest international money transfer service providers in the world, has just announced its entry into the Tempo blockchain network as an anchor validator, a select group responsible for verifying and validating all transactions on the network. This means MoneyGram is not only leveraging the Tempo infrastructure but is also directly involved in operating and securing the system, a commitment with significant strategic depth.
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US Lawmakers Introduce Bill for Tax Exemption on Small Crypto TransactionsThe PARITY Act mandates the US Treasury to issue temporary guidelines within 180 days regarding tax exemption for small-value crypto transactions.
A bipartisan group of lawmakers in the US House introduced the PARITY Act, standing for Digital Asset Protection, Accountability, Regulation, Innovation, Taxation, and Yields Act, which calls for the Treasury Department to research a tax exemption mechanism for small-value crypto transactions and issue temporary guidelines within 180 days.
US Lawmakers Introduce Bill for Tax Exemption on Small Crypto Transactions
The PARITY Act mandates the US Treasury to issue temporary guidelines within 180 days regarding tax exemption for small-value crypto transactions.
A bipartisan group of lawmakers in the US House introduced the PARITY Act, standing for Digital Asset Protection, Accountability, Regulation, Innovation, Taxation, and Yields Act, which calls for the Treasury Department to research a tax exemption mechanism for small-value crypto transactions and issue temporary guidelines within 180 days.
A bipartisan group of lawmakers in the US House introduced the PARITY Act, standing for Digital Asset Protection, Accountability, Regulation, Innovation, Taxation, and Yields Act, which calls for the Treasury Department to research a tax exemption mechanism for small-value crypto transactions and issue temporary guidelines within 180 days.
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South Carolina Bans CBDC, Protects Crypto Asset Use Rights and Bitcoin MiningSouth Carolina is rolling out user protection laws for crypto assets and Bitcoin miners, while putting the kibosh on CBDCs statewide.
South Carolina Governor Henry McMaster signed Bill 163 on Tuesday, officially granting legal protections for crypto asset users, blockchain developers, and Bitcoin miners, while banning the state from engaging in any form of central bank digital currency testing or deployment.
South Carolina Bans CBDC, Protects Crypto Asset Use Rights and Bitcoin Mining
South Carolina is rolling out user protection laws for crypto assets and Bitcoin miners, while putting the kibosh on CBDCs statewide.
South Carolina Governor Henry McMaster signed Bill 163 on Tuesday, officially granting legal protections for crypto asset users, blockchain developers, and Bitcoin miners, while banning the state from engaging in any form of central bank digital currency testing or deployment.
South Carolina Governor Henry McMaster signed Bill 163 on Tuesday, officially granting legal protections for crypto asset users, blockchain developers, and Bitcoin miners, while banning the state from engaging in any form of central bank digital currency testing or deployment.
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Tether Acquires Full Stake from SoftBank at Twenty OneTether is buying back 89.1 million shares from SoftBank at Twenty One Capital, solidifying control over a company that holds 43,514 Bitcoins worth $3.4 billion.
On Wednesday, Tether announced the buyback of all 89.1 million shares held by SoftBank at Twenty One Capital (XXI), a move that strengthens the majority control of the world's largest stablecoin issuer over the Bitcoin reserve company they co-founded with Jack Mallers, CEO of Strike.
Tether Acquires Full Stake from SoftBank at Twenty One
Tether is buying back 89.1 million shares from SoftBank at Twenty One Capital, solidifying control over a company that holds 43,514 Bitcoins worth $3.4 billion.
On Wednesday, Tether announced the buyback of all 89.1 million shares held by SoftBank at Twenty One Capital (XXI), a move that strengthens the majority control of the world's largest stablecoin issuer over the Bitcoin reserve company they co-founded with Jack Mallers, CEO of Strike.
On Wednesday, Tether announced the buyback of all 89.1 million shares held by SoftBank at Twenty One Capital (XXI), a move that strengthens the majority control of the world's largest stablecoin issuer over the Bitcoin reserve company they co-founded with Jack Mallers, CEO of Strike.
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GitHub Confirms 3,800 Internal Source Repositories Stolen via Malicious VS Code ExtensionThe hacker group TeamPCP stole 3,800 internal GitHub repositories, putting them up for sale at $50,000 after an employee installed a malware-infected VS Code extension.
GitHub confirmed on Tuesday that around 3,800 internal source code repositories were compromised after an employee accidentally installed a malicious Visual Studio Code extension. This is the most serious security breach targeting this software development platform in years and serves as a warning about an attack vector increasingly exploited by sophisticated hacker groups: the software development tool supply chain.
GitHub Confirms 3,800 Internal Source Repositories Stolen via Malicious VS Code Extension
The hacker group TeamPCP stole 3,800 internal GitHub repositories, putting them up for sale at $50,000 after an employee installed a malware-infected VS Code extension.
GitHub confirmed on Tuesday that around 3,800 internal source code repositories were compromised after an employee accidentally installed a malicious Visual Studio Code extension. This is the most serious security breach targeting this software development platform in years and serves as a warning about an attack vector increasingly exploited by sophisticated hacker groups: the software development tool supply chain.
GitHub confirmed on Tuesday that around 3,800 internal source code repositories were compromised after an employee accidentally installed a malicious Visual Studio Code extension. This is the most serious security breach targeting this software development platform in years and serves as a warning about an attack vector increasingly exploited by sophisticated hacker groups: the software development tool supply chain.
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U.S. Sanctions Sinaloa Network Laundering Fentanyl Through Crypto AssetsThe U.S. Treasury has sanctioned two Sinaloa networks converting drug money into crypto assets, freezing six Ethereum addresses.
The U.S. Treasury announced sanctions on Wednesday targeting two distinct networks tied to the Sinaloa cartel, focusing on converting cash from fentanyl sales into crypto assets.
This is the latest development in the Trump administration's financial crackdown on organizations designated by the U.S. as Foreign Terrorist Organizations, and it clearly demonstrates that blockchain is increasingly becoming the new battleground in the fight against cross-border financial crime.
U.S. Sanctions Sinaloa Network Laundering Fentanyl Through Crypto Assets
The U.S. Treasury has sanctioned two Sinaloa networks converting drug money into crypto assets, freezing six Ethereum addresses.
The U.S. Treasury announced sanctions on Wednesday targeting two distinct networks tied to the Sinaloa cartel, focusing on converting cash from fentanyl sales into crypto assets.
This is the latest development in the Trump administration's financial crackdown on organizations designated by the U.S. as Foreign Terrorist Organizations, and it clearly demonstrates that blockchain is increasingly becoming the new battleground in the fight against cross-border financial crime.
The U.S. Treasury announced sanctions on Wednesday targeting two distinct networks tied to the Sinaloa cartel, focusing on converting cash from fentanyl sales into crypto assets.
This is the latest development in the Trump administration's financial crackdown on organizations designated by the U.S. as Foreign Terrorist Organizations, and it clearly demonstrates that blockchain is increasingly becoming the new battleground in the fight against cross-border financial crime.
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SpaceX IPO Filing Reveals Musk's Ambition for an AI and Space Infrastructure EmpireSpaceX files for an IPO aiming for a valuation of $1.75 trillion, integrating xAI, X, and Starship into a single AI-space infrastructure conglomerate.
The IPO filing from SpaceX, announced on Wednesday, has unveiled the financial picture and strategy of the company that the market has been waiting for years to see, and what emerges is not merely a rocket-launching company seeking to list its shares.
This is the detailed blueprint for a vertically integrated tech infrastructure conglomerate, where space launch services, the Starlink satellite internet network, the X social media platform, and the Grok AI system are consolidated into a single legal entity, under the absolute control of Elon Musk. With a target valuation of $1.75 trillion, this could become the largest IPO in global financial history.
SpaceX IPO Filing Reveals Musk's Ambition for an AI and Space Infrastructure Empire
SpaceX files for an IPO aiming for a valuation of $1.75 trillion, integrating xAI, X, and Starship into a single AI-space infrastructure conglomerate.
The IPO filing from SpaceX, announced on Wednesday, has unveiled the financial picture and strategy of the company that the market has been waiting for years to see, and what emerges is not merely a rocket-launching company seeking to list its shares.
This is the detailed blueprint for a vertically integrated tech infrastructure conglomerate, where space launch services, the Starlink satellite internet network, the X social media platform, and the Grok AI system are consolidated into a single legal entity, under the absolute control of Elon Musk. With a target valuation of $1.75 trillion, this could become the largest IPO in global financial history.
The IPO filing from SpaceX, announced on Wednesday, has unveiled the financial picture and strategy of the company that the market has been waiting for years to see, and what emerges is not merely a rocket-launching company seeking to list its shares.
This is the detailed blueprint for a vertically integrated tech infrastructure conglomerate, where space launch services, the Starlink satellite internet network, the X social media platform, and the Grok AI system are consolidated into a single legal entity, under the absolute control of Elon Musk. With a target valuation of $1.75 trillion, this could become the largest IPO in global financial history.
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Trump Signs Executive Order Opening Up U.S. Financial System to Crypto Assets and FintechThe executive order on 19/5/2026 mandates a regulatory audit within 90 days, paving the way for non-bank fintech to access Fed's payment infrastructure.
On 19/5/2026, President Donald Trump signed an executive order requiring all U.S. federal financial regulatory agencies to review existing regulations within 90 days, aiming to eliminate legal barriers that hinder the growth of fintech and integrate crypto assets into the traditional financial system.
Trump Signs Executive Order Opening Up U.S. Financial System to Crypto Assets and Fintech
The executive order on 19/5/2026 mandates a regulatory audit within 90 days, paving the way for non-bank fintech to access Fed's payment infrastructure.
On 19/5/2026, President Donald Trump signed an executive order requiring all U.S. federal financial regulatory agencies to review existing regulations within 90 days, aiming to eliminate legal barriers that hinder the growth of fintech and integrate crypto assets into the traditional financial system.
On 19/5/2026, President Donald Trump signed an executive order requiring all U.S. federal financial regulatory agencies to review existing regulations within 90 days, aiming to eliminate legal barriers that hinder the growth of fintech and integrate crypto assets into the traditional financial system.
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KB Financial Group Tests Won StablecoinKB Financial Group completes the PoC for the Korean won-pegged stablecoin, enabling cross-border transactions in under 3 minutes, with costs up to 87% lower than SWIFT.
KB Financial Group has just completed a proof of concept for a stablecoin pegged to the Korean won, covering the entire transaction lifecycle from token issuance, offline payments, merchant settlement to international remittances.
This is one of the most comprehensive integrations of stablecoin into everyday financial services ever attempted in South Korea, marking a significant milestone in the digitization of the payment system of Asia's fourth-largest economy.
KB Financial Group Tests Won Stablecoin
KB Financial Group completes the PoC for the Korean won-pegged stablecoin, enabling cross-border transactions in under 3 minutes, with costs up to 87% lower than SWIFT.
KB Financial Group has just completed a proof of concept for a stablecoin pegged to the Korean won, covering the entire transaction lifecycle from token issuance, offline payments, merchant settlement to international remittances.
This is one of the most comprehensive integrations of stablecoin into everyday financial services ever attempted in South Korea, marking a significant milestone in the digitization of the payment system of Asia's fourth-largest economy.
KB Financial Group has just completed a proof of concept for a stablecoin pegged to the Korean won, covering the entire transaction lifecycle from token issuance, offline payments, merchant settlement to international remittances.
This is one of the most comprehensive integrations of stablecoin into everyday financial services ever attempted in South Korea, marking a significant milestone in the digitization of the payment system of Asia's fourth-largest economy.
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BitGo Paves the Way for Traditional Banks to Enter the Crypto Asset MarketBitGo has launched a modular platform integrating custody, staking, and stablecoins, enabling banks to roll out crypto asset services in phases.
BitGo Holdings (NYSE: BTGO) has just unveiled a modular structure for crypto asset operations, designed to help financial institutions assess, launch, and scale their crypto asset capabilities within a proven regulatory framework that manages risk. This move comes as traditional finance is shifting heavily towards stablecoins, tokenized assets, and on-chain payments, a trend that's reshaping the global banking infrastructure.
BitGo Paves the Way for Traditional Banks to Enter the Crypto Asset Market
BitGo has launched a modular platform integrating custody, staking, and stablecoins, enabling banks to roll out crypto asset services in phases.
BitGo Holdings (NYSE: BTGO) has just unveiled a modular structure for crypto asset operations, designed to help financial institutions assess, launch, and scale their crypto asset capabilities within a proven regulatory framework that manages risk. This move comes as traditional finance is shifting heavily towards stablecoins, tokenized assets, and on-chain payments, a trend that's reshaping the global banking infrastructure.
BitGo Holdings (NYSE: BTGO) has just unveiled a modular structure for crypto asset operations, designed to help financial institutions assess, launch, and scale their crypto asset capabilities within a proven regulatory framework that manages risk. This move comes as traditional finance is shifting heavily towards stablecoins, tokenized assets, and on-chain payments, a trend that's reshaping the global banking infrastructure.
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Hong Kong Welcomes Wave of Foreign IPOs, Blockdaemon Tests Path for Crypto Asset ListingAbout 10 foreign companies are filing for IPOs in Hong Kong in 2026; Blockdaemon could become the first crypto asset firm to test Chapter 18C.
Hong Kong is witnessing a wave of listing applications from foreign businesses outside of China at an unprecedented scale over the years. Around 10 international companies have approached HKEX this year, hailing from South Korea, Indonesia, the UK, Singapore, and several areas in continental Europe, spanning sectors from biotechnology to blockchain infrastructure. If all these deals go through, 2026 will be the best year for foreign business listings in Hong Kong since at least 2020.
Hong Kong Welcomes Wave of Foreign IPOs, Blockdaemon Tests Path for Crypto Asset Listing
About 10 foreign companies are filing for IPOs in Hong Kong in 2026; Blockdaemon could become the first crypto asset firm to test Chapter 18C.
Hong Kong is witnessing a wave of listing applications from foreign businesses outside of China at an unprecedented scale over the years. Around 10 international companies have approached HKEX this year, hailing from South Korea, Indonesia, the UK, Singapore, and several areas in continental Europe, spanning sectors from biotechnology to blockchain infrastructure. If all these deals go through, 2026 will be the best year for foreign business listings in Hong Kong since at least 2020.
Hong Kong is witnessing a wave of listing applications from foreign businesses outside of China at an unprecedented scale over the years. Around 10 international companies have approached HKEX this year, hailing from South Korea, Indonesia, the UK, Singapore, and several areas in continental Europe, spanning sectors from biotechnology to blockchain infrastructure. If all these deals go through, 2026 will be the best year for foreign business listings in Hong Kong since at least 2020.
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Goldman Sachs Leads SpaceX's IPO DealGoldman Sachs clinches the lead left position in SpaceX's IPO — a deal targeting a valuation of up to $2 trillion and raising $75 billion, potentially the largest in history.
Goldman Sachs has officially secured the lead left position in the underwriting syndicate for SpaceX's IPO, wrapping up a months-long competition with Morgan Stanley, a bank that some sources claimed was the frontrunner and now sits in second place. BofA, Citi, and JPMorgan filled out the remaining senior positions in a syndicate of over 20 banks, including Barclays, Deutsche Bank, UBS, and Wells Fargo in smaller roles.
Goldman Sachs Leads SpaceX's IPO Deal
Goldman Sachs clinches the lead left position in SpaceX's IPO — a deal targeting a valuation of up to $2 trillion and raising $75 billion, potentially the largest in history.
Goldman Sachs has officially secured the lead left position in the underwriting syndicate for SpaceX's IPO, wrapping up a months-long competition with Morgan Stanley, a bank that some sources claimed was the frontrunner and now sits in second place. BofA, Citi, and JPMorgan filled out the remaining senior positions in a syndicate of over 20 banks, including Barclays, Deutsche Bank, UBS, and Wells Fargo in smaller roles.
Goldman Sachs has officially secured the lead left position in the underwriting syndicate for SpaceX's IPO, wrapping up a months-long competition with Morgan Stanley, a bank that some sources claimed was the frontrunner and now sits in second place. BofA, Citi, and JPMorgan filled out the remaining senior positions in a syndicate of over 20 banks, including Barclays, Deutsche Bank, UBS, and Wells Fargo in smaller roles.
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Tether Files Trademark Registration in South KoreaTether has filed for seven trademark registrations in South Korea, including the company name and logo, in a move that market watchers see as a signal that the company is gearing up to expand into the South Korean market.
Hey, the global stablecoin giant is rolling out its market penetration strategy in South Korea, where there are around 18 million crypto investors and trading volume exceeded $663 billion by mid-2025.
Tether Files Trademark Registration in South Korea
Tether has filed for seven trademark registrations in South Korea, including the company name and logo, in a move that market watchers see as a signal that the company is gearing up to expand into the South Korean market.
Hey, the global stablecoin giant is rolling out its market penetration strategy in South Korea, where there are around 18 million crypto investors and trading volume exceeded $663 billion by mid-2025.
Hey, the global stablecoin giant is rolling out its market penetration strategy in South Korea, where there are around 18 million crypto investors and trading volume exceeded $663 billion by mid-2025.
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Trump Requests Fed to Review Access for Crypto Asset Companies to Primary AccountsTrump directs the Fed to review within 120 days the provision of primary accounts to crypto asset companies — a move that could eliminate reliance on intermediary banks.
President Donald Trump just signed an executive order titled "Integrating Financial Technology Innovation into Regulatory Frameworks", directing the Federal Reserve to conduct a comprehensive assessment of policies granting access to payment infrastructure for fintech and crypto asset companies.
Trump Requests Fed to Review Access for Crypto Asset Companies to Primary Accounts
Trump directs the Fed to review within 120 days the provision of primary accounts to crypto asset companies — a move that could eliminate reliance on intermediary banks.
President Donald Trump just signed an executive order titled "Integrating Financial Technology Innovation into Regulatory Frameworks", directing the Federal Reserve to conduct a comprehensive assessment of policies granting access to payment infrastructure for fintech and crypto asset companies.
President Donald Trump just signed an executive order titled "Integrating Financial Technology Innovation into Regulatory Frameworks", directing the Federal Reserve to conduct a comprehensive assessment of policies granting access to payment infrastructure for fintech and crypto asset companies.
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Tether and Gnosis Invest $4.4 Million in Sorted Wallet Crypto Asset WalletSorted Wallet — the lightest non-custodial wallet on the app store with 500,000 downloads — receiving seed funding from Tether and Gnosis to expand in Africa and South Asia.
Tether and Gnosis have co-led a $4.4 million seed funding round for Sorted Wallet, a non-custodial crypto wallet optimized for low-spec mobile devices in emerging markets. The funding structure includes $3.4 million in equity led by these two names, along with participation from Movement, Angel Invest Group, and individual angel investors, supplemented by $1 million in strategic support from Vox Solutions.
Tether and Gnosis Invest $4.4 Million in Sorted Wallet Crypto Asset Wallet
Sorted Wallet — the lightest non-custodial wallet on the app store with 500,000 downloads — receiving seed funding from Tether and Gnosis to expand in Africa and South Asia.
Tether and Gnosis have co-led a $4.4 million seed funding round for Sorted Wallet, a non-custodial crypto wallet optimized for low-spec mobile devices in emerging markets. The funding structure includes $3.4 million in equity led by these two names, along with participation from Movement, Angel Invest Group, and individual angel investors, supplemented by $1 million in strategic support from Vox Solutions.
Tether and Gnosis have co-led a $4.4 million seed funding round for Sorted Wallet, a non-custodial crypto wallet optimized for low-spec mobile devices in emerging markets. The funding structure includes $3.4 million in equity led by these two names, along with participation from Movement, Angel Invest Group, and individual angel investors, supplemented by $1 million in strategic support from Vox Solutions.
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Bitcoin Mining Suddenly Becomes the 'Underground Power' in the AI Infrastructure RaceBernstein: Bitcoin miners hold over 27 gigawatts of power, making them an essential link as Google, Blackstone, and other AI giants pour money into computing infrastructure.
When Google and Blackstone announced plans to establish a joint venture for AI cloud computing, with Blackstone committing $5 billion in equity for a controlling stake, and Google contributing custom chip technology, the question isn't about who has the most cash or chips, but rather who controls the power supply. According to investment bank Bernstein, the answer is increasingly pointing to a surprisingly predictable group: Bitcoin miners.
Bitcoin Mining Suddenly Becomes the 'Underground Power' in the AI Infrastructure Race
Bernstein: Bitcoin miners hold over 27 gigawatts of power, making them an essential link as Google, Blackstone, and other AI giants pour money into computing infrastructure.
When Google and Blackstone announced plans to establish a joint venture for AI cloud computing, with Blackstone committing $5 billion in equity for a controlling stake, and Google contributing custom chip technology, the question isn't about who has the most cash or chips, but rather who controls the power supply. According to investment bank Bernstein, the answer is increasingly pointing to a surprisingly predictable group: Bitcoin miners.
When Google and Blackstone announced plans to establish a joint venture for AI cloud computing, with Blackstone committing $5 billion in equity for a controlling stake, and Google contributing custom chip technology, the question isn't about who has the most cash or chips, but rather who controls the power supply. According to investment bank Bernstein, the answer is increasingly pointing to a surprisingly predictable group: Bitcoin miners.
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BitcoinBreaksBelow75KAsWarshTakesFedHelm
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$BTC Urgent UPDATE 🚨
BTC has broken the strong $76K support after the new Federal Chair officially took office, and the market is now pricing in more fear, more uncertainty, and more pressure on risk assets.
My next major downside area is around $72K.
Entry zone: $75,200– $75,900
stop loss: $77,350
Targets:
TP1: $74,300
TP2: $73,500
TP3: $72,800
TP4: $72,000
The bounce we are seeing right now does not look like a clean reversal yet. It looks more like a false bounce into resistance before the next leg down.
To Manage Risk,after TP1, move SL to breakeven. After TP2, start trailing stop loss slowly so the trade becomes risk-free.
Trade carefully. The next stop can be $72K.
Click here and short 👇 $BTC
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Panda Traders
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