Expensive banana purchaser and crypto founder Justin Sun just tripled the amount invested in Trump’s cryptocurrency
Here’s a fun one: Justin Sun — the TRON cryptocurrency founder who was sued by the SEC in March 2023 under allegations of a market-manipulation scheme involving celebrities Lindsay Lohan, Jake Paul, S...
Ripple Labs is taking a victory lap after XRP ends up firmly back in the mainstream
Ripple Labs’ , the native crypto of its XRP Ledger, is accumulating wins. XRP shot up over 30% on Friday to $1.62, a three-year high, following SEC Chair Gary Gensler’s resignation announcement. By Mo...
Robinhood lists solana meme coin dogwifhat as regulatory landscape sees signs of a thaw
Move over, . There’s a new dog in town. Robinhood Markets said Monday that it has added to its platform. The solana-based meme coin was launched in late 2023, and has grown to a more than $3 billion ...
As bitcoin flirts with hitting $100,000, its case for being digital gold has never been stronger
There’s an old genre of internet joke, archived on Reddit : “A boy asked his Bitcoin-investing dad for $10.00 worth of Bitcoin. Dad: $9.67? What do you need $10.32 for?” Playing on the trope that bitc...
Trump is good for crypto, but are Trump’s crypto projects doing well?
Donald Trump’s election win has set the stage for a massive crypto rally that is already gaining momentum with bullish investors betting on the incoming crypto-friendly administration. The numbers spe...
Bitcoin reclaims status as hyper-leveraged play on US tech stocks
It’s often said that all cryptocurrencies like do is offer leveraged exposure to US tech stocks. That is, they move the same direction, but are just way, way more volatile. This line of thinking unde...
There’s a real math problem with MicroStrategy’s obscene valuation premium
MicroStrategy, Michael Saylor’s software company turned bitcoin-holding vehicle, is worth $106 billion, making it one of America’s largest 100 companies by market capitalization. For context, the mark...
SEC Chair Gensler to resign
In a major victory for the crypto industry and its growing army of lobbyists, SEC Chair Gary Gensler said that he would resign January 20, making way for a Trump nominee to run the powerful regulator....
Does RFK Jr. really store “most” of his money in bitcoin? We found out
As an independent candidate for president, Robert F. Kennedy Jr. frequently talked up his love of cryptocurrency. In July, the current nominee to lead the US Department of Health and Human Services sa...
Traders are going gaga over the newest way to speculate on bitcoin
The Trump pump isn’t the only catalyst for bitcoin bulls. A decisively pro-crypto US election outcome is being supercharged by the increased accessibility of leveraged ways to bet on bitcoin’s seeming...
Crypto’s boom is so big people are even kicking the tires on Bored Ape NFTs again
On the “Snacks Mix” podcast last week , we had the pleasure of chatting with Nat Eliason, the cryptocurrency entrepreneur-turned-author of “Crypto Confidential,” to chat about the recent resurgence of...
Shaq takes the L on NFT lawsuit, agrees to pay $11 million
Shaquille O’Neal is putting his NFT problems behind him. The basketball legend and celebrity DJ agreed to an $11 million settlement following a lawsuit brought by investors in Astrals, a failed -based...
Options on bitcoin ETFs to begin trading today
That was fast. Options on spot exchange-traded funds will start today, less than a year after the funds came into existence. Bloomberg reported that Nasdaq will list options on BlackRock’s $43 billio...
Trump Media riding the bull run its namesake created to reportedly acquire crypto-trading platform
is one of the most actively traded US stocks in the premarket session after the FT reports that is pursuing an acquisition of the crypto-trading platform.
Pepe, once a fringe meme coin, goes mainstream
Can , the frog-faced crypto, turn into the prince of meme coins thanks to the kiss of the impending crypto-friendly administration , or will its sudden upward trajectory be short-lived? Pepe is leapin...
“A free lunch opportunity to be a pro-crypto”: how crypto won the election and then the market
With crypto booming over the last month, we had Nat Eliason, the author of the bestselling crypto thriller “ Crypto Confidential ,” join us on the “Snacks Mix” podcast to discuss everything going on i...
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“Snacks Mix”: crypto craziness, AI chip battles, and more
Nia Warfield and Jack Raines run through this week’s market maze as crypto goes crazy, the reckoning over mass deportation begins, and an AI-chip war looms. The story that everyone is talking about: ...
OBJ’s bitcoin bet now looks pretty smart, but how much would his salary be worth if he held it in bitcoin this whole time?
When Odell Beckham Jr signed for the Los Angeles Rams in 2021, he made a pretty bold decision, opting to take his wages for the season in bitcoin. Now, with soaring over the last week, OBJ is biting b...
Reports: FBI seizes Polymarket CEO’s phones, devices in raid
The FBI has raided the home of Shayne Coplan, the CEO of Polymarket, according to several media reports. The New York Post’s story said that Coplan was home in his New York City apartment at the time ...
Robinhood lists four new crypto tokens as the industry anticipates a regulatory thaw
Robinhood looks to be getting in on the “ Trump pump .” (Sherwood Media is an independent subsidiary of Robinhood Markets.) The retail-friendly exchange announced today that it has listed four new cry...