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Billionaire investor Ken Griffin is placing a major bet on a company that’s far outperformed expectations this year.
According to a filing with the U.S. Securities and Exchange Commission (SEC), Griffin’s hedge fund Citadel has acquired 3,824,329 shares of NioCorp Developments Ltd (NB), a company advancing critical minerals development in the United States.
NioCorp’s flagship project in Nebraska...
The top US-based crypto exchange platform is adding support for a Cosmos (ATOM)-based decentralized finance (DeFi) altcoin.
In a new thread on the social media platform X, Coinbase says it is adding support for the fourth iteration of dYdX (COSMOSDYDX), a DeFi platform built on the interoperability blockchain focused mainly on crypto derivatives and perpetuals.
“dYdX is now live on http://...
A widely followed crypto analyst is warning that Bitcoin (BTC) could hit new lows if it fails to hold one crucial level of support while updating his outlook on Ethereum (ETH).
In a new strategy session, crypto trader Michaël van de Poppe tells his 800,200 followers on the social media platform X that if the top crypto asset by market cap were to plunge below $115,000, it could see a significant...
A resident of California has been sentenced to almost four years in prison for his role in a Small Business Administration (SBA) Economic Injury Disaster Loan (EIDL) fraud scheme.
According to the U.S. Department of Justice (DOJ), Abraham Park of La Mirada, California, submitted over 120 fraudulent SBA EIDL applications worth $12 million from 2020-2022.
“Park was the owner and CEO of a...
The co-founders of market intelligence firm Glassnode say that Ethereum (ETH) is in the midst of a strong accumulation phase that may ignite a massive rally.
In a new thread on the social media platform X, Jan Happel and Yann Alleman – who go by the handle Negentropic – say that Ethereum may have an explosive breakout if the top altcoin reclaims the $4,000 level as support.
They also say that...
The global healthcare group Cosmos Health (COSM) just announced that it has secured funding to launch its Ethereum (ETH) digital asset treasury reserve strategy.
In a statement, the Chicago-based company says that it has entered into a securities purchase agreement with a US-based institutional investor.
The deal involves the issuance of up to $300 million in senior secured convertible...
The blockchain payments firm Ripple says it has agreed to acquire the stablecoin-powered payment infrastructure platform Rail for $200 million.
In a statement, Ripple says it is acquiring the Toronto-based Rail amid rising demand for transactions involving stablecoins – cryptocurrencies pegged to another asset such as the US dollar.
Ripple says the deal will allow the two companies to deliver...
The chief investment officer (CIO) of Fundstrat Capital, Tom Lee, believes Ethereum (ETH) is one of the “biggest macro trades of the next decade” with the potential for massive upside.
In a new interview on the Bankless YouTube channel, Lee says that as more mainstream investors embrace it, Ethereum could experience a parabolic rally similar to what Bitcoin (BTC) did in 2017.
“…If people go back...
Economists at the banking giant Wells Fargo think the US dollar is primed to trend weaker for the rest of the year, but they don’t have the same outlook for 2026.
In a new analysis, they predict that the greenback will weaken against most G10 and emerging market currencies until the end of 2025.
This is primarily due to their expectation that the U.S. Federal Reserve will cut the federal funds...
Cryptocurrency analyst and trader Jason Pizzino believes Bitcoin (BTC) could go up by around 55% from the current level.
In a new strategy session, Pizzino tells his 355,000 YouTube subscribers that the ratio of USDT stablecoin relative to other crypto assets (USDT dominance) has to fall below a major support level in order for Bitcoin to rally to new all-time highs.
“…My theory is we need to...