In a surprising twist to the high-stakes TikTok bidding war, billionaire Tim Stokely, founder of OnlyFans, has reportedly teamed up with the HBAR Foundation to make a late-stage bid for the short-form video giant from ByteDance. The proposal, submitted this week to the White House, brings a new tech angle to one of the most…
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House Financial Services Committee Advances Stablecoin Regulation Bill
The U.S. House Financial Services Committee has approved the advancement of a stablecoin bill that seeks to establish clearer regulations for the sector. Known as the Stablecoin Transparency and Accountability for a Better Ledger Economy Act, or the STABLE Act, the legislation passed out of committee on Wednesday with 32 votes in favor and 17…
Warren, Waters Push SEC on Whether Trump Admin is Influencing Crypto Regulation for Personal Gain
Sen. Elizabeth Warren and Rep. Maxine Waters are calling on the US Securities and Exchange Commission (SEC) to clarify whether political interference tied to the Trump family’s crypto interests is affecting its enforcement actions. In a joint letter sent Wednesday to Acting SEC Chair Mark Uyeda, the two top Democratic lawmakers urged the agency to…
Elliott Wave Analysis: Alphabet ($GOOGL) Nearing Completion of 5-Wave Decline
In our latest Elliott Wave analysis of Alphabet ($GOOGL) on the 30 minute chart, we observe a clear 5-wave impulse structure unfolding to the downside, originating from the February 5, 2025 peak. This decline aligns with the broader corrective pattern, and we believe $GOOGL is now in the final stages of this bearish move before…
Russian Bailiffs Can Now Turn Criminals’ Bitcoin Into State Revenue
Russian bailiffs say they have developed new methods to help them convert Bitcoin (BTC) seized in criminal cases into cash for the Treasury. In a video posted on the Federation Council’s RuTube page, Dmitry Aristov, the head of the Federal Bailiff Service (FSSP), called Bitcoin a “problematic asset.” Russian Bailiffs’ Bitcoin Problem Solved? Aristov made…
Tokyo Exchange-listed Japanese Gaming Firm Enish Announces Bitcoin Buy
Enish, a Japanese, Tokyo Exchange-listed gaming company, has become the latest developer to announce plans to buy Bitcoin (BTC). The firm, which launched in 2009, said it would use its balance sheet to purchase 100 million yen ($667,260) worth of Bitcoin. Enish: Bitcoin Purchase to Complete by April 4 The Tokyo-based company, which has worked…
Binance Leverage Adjustment Triggers ACT Sell-Off; Project Dismisses Issues
Key Takeaways: Binance’s leverage adjustments triggered cascading liquidations, leading to ACT’s sharp price drop. The ACT team emphasized the crash was market-driven, not due to project flaws. This incident has raised concerns about the risks of sudden exchange policy changes on token stability. Act I The AI Prophecy (ACT), a token associated with the eponymous…
Conflicting Reports Emerge Over Elon Musk Stepping Down From DOGE
Key Takeaways: Uncertainty clouds the exact timing and scope of Musk’s departure. The debate highlights tensions between corporate ambitions and public advisory work. The issue prompts reconsideration of role definitions in government advisory positions. Tesla founder Elon Musk will reportedly step away from his new role with the Department of Government Efficiency (DOGE) in the…
Is Worldcoin the Next AI Megatrend? ChatGPT Surge Triggers 4% Bounce
The Sam Altman-backed global identity verification project Worldcoin has kept dropping in the past few days after an unexpected surge catalyzed by the inclusion of an image-generation feature for ChatGPT. On March 25, OpenAI, the AI company headed by Altman, made the headlines after it rolled out a GPT-4o-powered image generation tool that was quickly…
Market Reacts to Trump’s ‘Liberation Day’ Reciprocal Tariffs
In a move aimed at reshaping global trade, President Donald Trump announced a sweeping new tariff policy imposing a baseline 10% tariff on all imports while introducing reciprocal tariffs that mirror half of each trading partner’s respective rate. The announcement, which targets key U.S. trade partners, sent ripples through financial markets as investors assessed the…