Morgan Stanley holds $269.9 million in Spot Bitcoin ETF positions, with the bulk of that exposure sitting in GBTC – the Grayscale Bitcoin Trust – according to recent 13F filings submitted to the SEC. The bank’s own Spot Bitcoin ETF, trading under the ticker MSBT, pulled in over $200 million in assets within weeks of
Initial US jobless claims came in at 200,000 for the week ending May 2, beating the 205,000 consensus and reinforcing a picture of a still‑resilient labor market that keeps pressure on the Federal Reserve to delay or dilute rate cuts crypto traders have been hoping for. Summary Initial jobless claims in the US fell to
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The company said Tuesday it plans to scale its Muskogee, Oklahoma campus to roughly 1.5 gigawatts of gross power, or about 1 gigawatt of
A ransomware attack on Swedish IT provider Miljödata has led to a ransom demand of just 1.5 BTC in exchange for not leaking sensitive info. Source link
Earlier this week, five people who touch every layer of the AI supply chain sat down at the Milken Global Conference in Beverly Hills, where they talked with this editor about everything from chip shortages to orbital data centers to the possibility that the whole architecture that undergirds the tech is wrong. On stage with
South Korea’s finance authorities have reaffirmed their commitment to launching a 22% tax on virtual asset gains in 2027, rejecting growing criticism from academics and industry participants who argue that the policy is inconsistent and unfair compared with the treatment of stock investors. The proposed crypto tax system has become a focal point of debate
Three signals are converging on a single Bitcoin price analysis target of $85,000, and for once, they are not pointing in different directions. Research firm Glassnode has identified what analysts are calling a ‘triple threat’ setup: Bitcoin has broken above critical cost basis levels on-chain, futures funding rates have flipped from negative to neutral, and
Key Takeaways A 2024 Coinwire study reveals 76% of X influencers promoted meme coins that collapsed into obsolescence. Mega-influencers with 200,000+ followers saw catastrophic 89% negative returns on their 90-day promotions. Quantmap’s Ivan Patriki predicts that by 2031, audience trust will outweigh simple follower counts on TikTok. The Collapse of Influence A study conducted in
Y Combinator-backed Axiom amassed a quarter of a billion in trading fees, then suddenly lost the ability to execute sell orders on Thursday. Source link
Anthropic will use SpaceX’s Colossus 1 supercomputer to expand Claude capacity, while exploring future orbital AI compute infrastructure. The post Anthropic, SpaceX Deal Boosts Claude Compute and Points to Space-Based AI appeared first on TechRepublic. Source link