Kalshi, the federally regulated prediction market platform, announced a Series D funding round over $300 million. It was co-led by Sequoia Capital and Andreessen Horowitz, with investments from Paradigm, Coinbase Ventures, and others. It gave Kalshi a $5 billion valuation. The company, founded in 2020 by Yale graduates Tarek Mansour and Luana Lopes Lara, has …
Elon Musk has just confirmed that 𝕏 Money is working internally and will start extending to outside beta users soon. 𝕏 Money is a digital payment service providing peer-to-peer transfers, a wallet for storing funds, and Visa integration for bank/debit card connections. It may add crypto and investment features later. Currently in internal beta, expanding …
Bitcoin has increased in price from less than penny ($0.003 in 2010) to $110,000 today in 2025. Bitcoin is up 18% in 2025 and was up as much as 31% last month. Buying into Bitcoin early in 2017 would have been at prices below $1000 and there would have been over 100X returns. Late 2013 …
Tom Lee, co-founder and head of research at Fundstrat Global Advisors and the chairman of Bitmine (an Ethereum treasury company), provides a bullish outlook on both Bitcoin and Ethereum. They each have distinct use cases and potential for massive growth. The conversation covers the bull cases for each asset, short-term catalysts, regulatory developments, and broader …
CoreWeave is buying Core Scientific, Bitcoin miner, for $9 billion. It is an all-stock deal to speed up AI data center construction and deployment. • Core Scientific’s 1.3 GW power capacity over 11 U.S. sites • $10B in lease savings, $500M in annual cost cuts by 2027 HIVE estimates 10 MW of NVIDIA H100 GPUs …
2024 has been a groundbreaking year for the cryptocurrency industry and the stage is set for significant advancements in 2025. Key developments like the approval of spot Bitcoin ETFs, the resurgence of decentralized finance (DeFi), the rise of asset tokenization, and the growing adoption of artificial intelligence (AI) have drastically reshaped the competitive landscape. In …
People say that X aka Twitter was a bad investment because advertising revenue is down from when Elon Musk purchased it at $44 billion. The losses are not that bad while advertising is down, Elon was able to drastically reduce costs and headcount. X also added subscription revenue. A major thing that people forget is …
With cryptocurrency becoming a widely accepted and developing trend in the financial world, various industries and professions have emerged due to its relevance. These range from crypto marketing agencies that promote crypto projects to software and programs that make these marketing campaigns much easier and more effective and have also become prevalent. To discover how …
Singapore, Singapore, 4th June 2024, Chainwire
The next Bitcoin halving is April 19, 2024. This is driving Bitcoin towards $70-100k. About every four years or every 210,000 blocks added to the blockchain, bitcoin miners’ rewards for contributing will be cut in half. IF the reward for mining a block was 40 bitcoins, after its first halving it will be 20, and …
The field of web3 non-custodial wallets just gained a new contender from an old face. SWIFT is the product of Trust Wallet, one of the longest established and most popular crypto wallets. It’s now unveiled the beta of its new product: SWIFT. The user-friendly wallet, which is incorporated into the Trust app, makes use of …