Cardano founder Charles Hoskinson has responded to renewed questions over 1,096 Bitcoin tied to the project’s early funding structure, saying the funds were used to pay audit costs related to the original ADA crowdsale in 2016 and 2017. The explanation is his most specific response yet to an asset dispute that has resurfaced as the
Bitcoin climbed above $65,000 after reports of a U.S.-Iran deal eased geopolitical concerns and triggered a broader risk-on move across global markets. The world’s largest cryptocurrency rose to an intraday high near $65,600, extending its recovery as traders reacted to signs that tensions around the Strait of Hormuz may be easing. The move followed reports
Elon Musk said SpaceX could generate $1 trillion in annual revenue by 2030, a target that would place the company among the largest revenue-generating businesses in history and far above current Wall Street forecasts. The projection came shortly after SpaceX’s public market debut, which valued the rocket, satellite and space infrastructure company at more than
Aerodrome is preparing to launch Predictive Allocation, a new liquidity incentive mechanism that brings prediction market-style dynamics to decentralized exchange capital allocation. The upgrade is expected to roll out in July and is designed to replace Aerodrome’s weekly voting model with a real-time system that lets participants direct incentives toward pools they expect will generate
The Philippines has banned licensed crypto exchanges and other virtual asset service providers from listing or supporting privacy coins, marking a significant tightening of the country’s digital asset rules. The Bangko Sentral ng Pilipinas, the country’s central bank, approved Memorandum M-2026-023, which prohibits regulated platforms from offering anonymity-enhancing virtual assets that obscure transaction details. The
Why Did Bitcoin Mining Difficulty Fall So Sharply? Bitcoin mining difficulty fell 10.09% over the weekend, dropping from 138.96 trillion to 124.93 trillion at block height 953,568, according to Galaxy Research. The move ranks as the 11th-largest downward adjustment in the network’s history and the second-largest cut of 2026. The new difficulty level is the
Why Did Strategy Buy More Bitcoin? Strategy purchased another 1,587 bitcoin for approximately $100 million between June 8 and June 14, paying an average price of $63,024 per bitcoin, according to a filing with the Securities and Exchange Commission. The purchase brings the company’s total holdings to 846,842 BTC, making Strategy by far the largest
U.S. spot crypto exchange-traded funds returned to net inflows on Friday, June 12, as Bitcoin ETFs attracted fresh capital after several days of redemptions. Spot Bitcoin ETFs recorded $85.9 million in net inflows for the session, while spot Ether ETFs posted $4.95 million in net outflows, leaving the combined crypto ETF complex with a net
Mercedes-Benz has announced a partnership with German startup Tytan Technologies to manufacture vehicles for anti-drone systems, marking the latest move by a European automaker into the defence sector. The German carmaker signed a memorandum of understanding with Tytan Technologies at ILA 2026, the International Aerospace Exhibition, on Wednesday. Under the agreement, Mercedes-Benz will produce vehicles
Webull stock price jumped by over 10% on Wednesday as investors bought the dip and as the options market pointed to more bullish positioning. BULL jumped to $6.12, up by 15% from its lowest point this week. Webull stock jumped amid bullish options positioning Webull, a top Robinhood-like company, jumped on Wednesday as investors bought