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View More NewsIn brief Bitcoin gained nearly 25% in August, its best August since 2017, closing the month back above its 50-month moving average for the first time since last year’s crypto winter began. On Myriad Markets, traders are pricing a 77% chance BTC hits $84,000 before it dumps to $55,000. September is Bitcoin’s historically weakest month, and the daily chart shows price already stalling under a resistance wall that’s held since late August. Bitcoin is trading around $77,500 on the first day of September, down about 1.3% on the day after closing out one of its strongest months of the cycle.The…
Authorities targeted funds from a $140 million sponsorship deal with crypto firm Sorare, though law enforcement confirmed no wrongdoing by the Premier League. Read the full article here
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Last night I included a throwaway line my post about a possible Jodi Kantor reveal from this past term. It has been on my mind for some time. Where are the leaks? We are already in September. Well, a few…
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I lived in Reykjavík for a year in 2011, doing fieldwork for my PhD. The best thing about living there—better than the Northern Lights, better than the glaciers and volcanoes, better even than the fact that nobody locks their doors—was the public pools. They’re geothermally heated and open all winter, with ice coating the decks and steam rising off the water like the River Styx with lap lanes. The smell of sulphur rises with the steam. It seeps up from where the Mid-Atlantic Ridge is slowly splitting the island in two.The Icelanders don’t put any chemicals in their pools. So…
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The magazine-cover indicator has a messy record, but TIME’s OpenAI cover checks the classic boxes: a mainstream publication, a widely understood theme and a…
1789 Capital is putting in about $300 million, adding to a roughly $200 million stake, as the prediction market’s valuation rises from $15 billion.…
US-listed spot Bitcoin exchange-traded funds (ETFs) returned to inflows on Monday, led almost entirely by BlackRock, while Ether, XRP and Solana funds continued attracting…
Ether, solana, tron and dogecoin all shed ground over 24 hours while HYPE added about 4%, leaving bitcoin flat on the week after August’s…
In brief Ethereum treasury firm Sharplink posted a Q1 net loss of nearly $686 million. The loss is significantly higher than its reported net…
from the the-consequence-free-elite dept There are perks to spending over a quarter of a billion dollars getting your preferred candidate elected. A multi-month free…
The Trump administration says the first two months of America’s war with Iran cost taxpayers about $25 billion—but the real price tag for this…
Payments firm Corpay (CPAY) add stablecoin wallets and settlement capabilities for its global corporate customers alongside BVNK to give companies another way to move…
The AI and crypto industries have made headlines over the past year thanks to the impressive war chests amassed by corporate political action committees…
In brief The OpenAI Deployment Company launches with more than $4 billion in committed capital and a $10 billion valuation, backed by 19 firms.…
A couple of interviews I’ve conducted for Reason in the past few weeks have been rattling around in my head, even though the two…
The American Bankers Association (ABA) is mounting an aggressive lobbying push against portions of the Senate’s Digital Asset Market Clarity Act ahead of a…
