RockawayX acquires Relayer Capital to expand crypto offerings in US
Relayer will become the RockawayX Liquid Opportunities Fund, identifying ‘undervalued liquid tokens and crypto-related equities.’ Source: www.theblock.co Read Full Story
Bitcoin
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Soluna’s 1 billion-share proposal exposes the funding challenge behind its AI and Bitcoin expansion
Soluna Holdings is asking shareholders to substantially expand its ability to issue stock as the data-center developer tries to finance a 6.3-gigawatt pipeline that remains overwhelmingly unbuilt. An SEC filing showed that Soluna shareholders will vote at the company’s Oct. 16 annual meeting on whether to increase its authorized common stock to 1 billion shares…
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Hugging Face Explores $13 Billion Sale a Month After a Rogue OpenAI Agent Hacked It
The open-source AI hub is fielding buyout interest at nearly triple its 2023 valuation, weeks after a security breach and days after Stripe’s OpenRouter deal reset the price of AI infrastructure. Source: decrypt.co Read Full Story
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Crypto extends gains after biggest 3-day rally since 2023
Bitcoin and crypto stocks extended their rally after the flagship cryptocurrency broke out of its trading range. Source: www.cnbc.com Read Full Story
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We are so back! Bitcoin’s 23% rally on US debt policy: Hodler’s Digest
The US may face a debt crisis within three years according to Ray Dalio, and debt-related issues helped fuel a rally in Bitcoin that could mark the beginning of a new cycle. Source: cointelegraph.com Read Full Story
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63% of Religious Books on Amazon Are Likely AI-Written, Study Finds
Witchcraft books had the highest rate of likely AI-generated content at 78%, according to an Originality.ai analysis of more than 2,000 titles. Source: decrypt.co Read Full Story
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Grayscale’s Zcash ETF filing proposes a 2.5% fee and a potential 34% DCG stake
Grayscale’s proposed Zcash ETF would carry a 2.5% annual fee. Under one dated ownership calculation, a DCG affiliate could receive about 34% of the fund. If effective, the Aug. 21 SEC amendment would rename the existing trust “The Zcash ETF” and list it on NYSE Arca under ZCSH. The registration remains preliminary. The securities cannot…
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Crypto exchange BitMart weighs partial restart and creditor payouts weeks after announcing shutdown
The exchange has hired White & Case as restructuring counsel, with a detailed roadmap expected by Sept. 9. Source: www.coindesk.com Read Full Story
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Elon Musk Said Bitcoin Has No Throat to Choke: Why Does That Matter?
A 2021 clip of Elon Musk making his case for Bitcoin (BTC) is circulating again. His main argument was not scarcity. It was that Bitcoin has no throat to choke. He meant there is nobody to threaten. No single party can be forced to empty the system. Five years on, filings show what his own…
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Kalshi traders think the bitcoin rally could end the year near current levels
Speculators on the prediction market platform think it’s most likely that the cryptocurrency will end 2026 close to where it’s now trading. Source: www.cnbc.com Read Full Story
