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SoftBank seeks $40B loan to deepen massive OpenAI bet
SoftBank is seeking a bridge loan of up to $40 billion to fund most of its planned investment in OpenAI, according to claims from Bloomberg. If completed, it would be the biggest borrowing in dollars in the company’s history. The proposed loan would run for about 12 months, and four lenders, including JPMorgan, are reportedly […]Cryptopolitan
Fri, Mar 6
Binance says Iran-linked transaction reports are false and misleading
Binance pushed back hard against a February 24 letter from Senator Richard Blumenthal, saying the claims tied to Iran, money laundering, and platform compliance were “false, misleading, and politically driven.” In its very long response letter released on Friday, Binance said it respected the work of the Senate Permanent Subcommittee on Investigations, but vows that […]Cryptopolitan
Fri, Mar 6
Analyst Shares Timeline For When A New Bitcoin Bull Run Will Begin This Year
Bitcoin’s recent break above $70,000 is leading to questions of whether this is the start of a new impulsive leg higher or just another stop in a longer bottoming process. Crypto analyst CrypFlow, posting on X, laid out a technical case for why Bitcoin may be in the early stages of forming a m...NewsBTC
Fri, Mar 6
Ripple’s New Whitepaper Shows What’s Coming For XRP
Crypto pundit X Finance Bull has drawn attention to Ripple’s new whitepaper, which highlights plans to use XRP for its prime brokerage offering. Ripple also recently announced plans to offer its institutional clients access to XRP derivatives on Coinbase Derivatives. XRP’s Role In Ripple’s New Digit...Bitcoinist
Fri, Mar 6
Kazakhstan Central Bank plans $350M allocation to crypto-linked assets
Kazakhstan's central bank plans to allocate up to $350 million from its reserves into crypto-related investments, focusing on digital asset infrastructure firms and index funds rather than direct crypto purchases.Fxstreet
Fri, Mar 6
Musk ridicules Anthropic as AI rivalry with xAI intensifies
Elon Musk has spent the last 48 hours roasting and taking jabs at Amodei as the Anthropic CEO goes through what the xAI founder mocked as groveling after a public standoff with the Department of War. Elon Musk, who has the reputation of a “world-class troll,” has not held back. He’s so far reposted clips […]Cryptopolitan
Fri, Mar 6
Justin Sun says the SEC has agreed to drop all claims against him
Justin Sun said the SEC has agreed to drop all claims against him, the Tron Foundation, and the BitTorrent Foundation after a $10 million settlement, bringing an end to a case that had hung over one of crypto’s best-known founders since 2023. In a post on X, Justin said, “I am very pleased to confirm […]Cryptopolitan
Fri, Mar 6
Bitcoin Weekly Price Forecast: Middle East tensions and increasing Oil prices weigh on BTC
After taking a slight hit last weekend following US and Israeli strikes on Iran, Bitcoin (BTC) showed strength in the first few days of the week, charging above $73,000, while US spot BTC exchange-traded funds (ETFs) attracted about $1.14 billion in net inflows across three days.
Fxstreet
Fri, Mar 6
BYD pushes its new Song Ultra EV amid revenue struggles
China’s Tesla BYD saw its sales crash by 41.1% last month, while January and February’s combined sales fell about 36% from the same period last year. That drop stood out even more because several other Chinese EV brands did better over the same stretch. Leapmotor sold 60,126 vehicles in January and February, up 19% year […]Cryptopolitan
Fri, Mar 6
Chainlink Tests Key Resistance While Monthly Compression Hints At Explosion
Chainlink (LINK) is approaching a critical technical moment as price pushes back toward a key resistance zone while the broader chart structure signals growing pressure beneath the surface. After months of tight consolidation and repeated rejections near the same level, the market is now watching cl...NewsBTC
Fri, Mar 6
Solana ETFs Are Beating Bitcoin On Relative Flows Despite SOL Crash
Spot Solana ETFs have pulled in roughly $1.45 billion since launching in July even as SOL fell 57% over the same stretch, a combination Bloomberg ETF analyst Eric Balchunas called “about as unlucky timing as you’ll ever see in ETFs.” For crypto markets, the takeaway is not just the headline fl...Bitcoinist
Fri, Mar 6
Chamath backs equity tokenization while questioning Bitcoin’s reserve role
Chamath Palihapitiya, the billionaire host of the All In Podcast, has committed to giving a critic’s daughters free rides through college, and his recent rhetoric about equities tokenization and Bitcoin may give some insight into how he plans to approach future investments. Chamath made the philanthropic commitment after what appears to be a private and […]Cryptopolitan
Fri, Mar 6
Dogecoin Price Forecast: DOGE drops as downside pressure expands
Dogecoin (DOGE) declines for the second consecutive day, trading above $0.090 at the time of writing on Friday. The meme coin peaked at a weekly high of $0.104 on Wednesday but has since been overwhelmed by volatility amid risk-off sentiment driven by the United States (US)-Israel-Iran war.
Fxstreet
Fri, Mar 6
Coinbase hit with shareholder lawsuit over alleged insider stock sales
Coinbase recently faced fines totaling hundreds of millions of dollars, as a shareholder filed a lawsuit against the business and its top officials, claiming CEO Brian Armstrong and a number of board members of deceiving customers and using insider information to cash out company stock. The lawsuit was filed Tuesday in the U.S. District Court […]Cryptopolitan
Fri, Mar 6
Job losses mount as war-driven oil surge hits US economy
The U.S. economy lost 92,000 jobs in February, according to the U.S. Bureau of Labor Statistics, as the unemployment rate came in at 4.4%. The total number of unemployed people stood at 7.6 million, with both figures showing little change during the month. The report also noted annual population adjustments in the household survey estimates, […]Cryptopolitan
Fri, Mar 6
Bitcoin Liquidation Map Predicts The Next Targets To Watch Out For
Bitcoin’s derivatives market is showing where the next major price reactions could occur. A liquidation map tracking leverage positions on the Binance BTC/USDT perpetual market highlights clusters of highly leveraged trades positioned above the current market price. This arrangement provides clues a...NewsBTC
Fri, Mar 6
