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Cerebras IPO fuels AI stock frenzy as crypto loses investor attention
Cerebras Systems priced its IPO at $185 per share on Wednesday evening, targeting a $5.5 billion raise and valuing the AI chipmaker at $40 billion,…
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Early altseason signs emerge as altcoins begin to show bullish signs
Crypto market analysts say increasing altcoin performance and volumes on Binance, a rising altseason index and a strengthening TOTAL2 macro structure are early signs that…
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CFTC Issues No-Action Letter on Prediction Market Data Reporting
The US Commodity Futures Trading Commission’s (CFTC) market and clearing divisions issued no-action relief for fully collateralized event contracts, easing certain swap data reporting and…
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BoE Considers Easing UK Stablecoin Caps After Industry Backlash
Update May 14, 2:45 pm UTC: This article has been updated to include comments from Katie Haries, head of policy for Europe at Coinbase. The…
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BitGo Posts $3.8B Revenue, $60.7M Loss amid Bitcoin Decline and IPO Costs in Q1
Digital asset infrastructure company BitGo reported a wider first-quarter net loss as Bitcoin treasury mark-to-market losses and IPO-related expenses outweighed stronger client growth and a…
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Moody’s puts AAA rating stamp on Fidelity and BlackRock’s tokenized money market funds
Moody’s assigned its highest credit rating to tokenized money market funds from Fidelity and BlackRock, validating their safety as yield-bearing onchain products. The AAA-mf rating…
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Trump Weighs 250 Pardons as Crypto Founders Push for Clemency
US President Donald Trump is reportedly considering pardoning 250 people to commemorate the country’s 250th birthday on July 4, according to The Wall Street Journal.…
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New York Judge Pushes Back Hearing for Aave’s Bid to Unfreeze $71M in ETH
A New York judge has delayed a decision on Aave’s emergency bid to unfreeze $71 million worth of crypto tied to victims of the $293…
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Bitcoin Firm Nakamoto Records Q1 Net Loss Despite Revenue Boom
Bitcoin company Nakamoto saw a 500% quarter-on-quarter increase in Q1 revenue after completing two key strategic acquisitions in February aimed at expanding its footprint across…
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CME Launches Regulated Crypto Index Futures Featuring Major Digital Assets
CME Group, the company behind the world’s largest financial derivatives exchange, plans to launch the Nasdaq CME Crypto Index futures, a cryptocurrency futures index featuring exposure…
