Benchmark has cut its 12‑month price target on Bitcoin treasury company Strategy from $705 to $570, keeping a Buy rating but marking its model to a cooler Bitcoin path after a brutal drawdown in both BTC and Strategy’s stock. Summary Benchmark has lowered its 12‑month price target on Bitcoin treasury company Strategy from $705 to…
Anthropic and Elon Musk’s SpaceX said on Wednesday that the two entities have signed an agreement for Anthropic to use computing resources from xAI’s data center in Memphis, Tennessee. It’s the latest tie up in an industry that is scrambling to find enough computers to run complex AI software. SpaceX and xAI were previously separate…
Key Takeaways Bitcoin hit $82,833 on Wednesday as Trump paused Gulf ship escorts and U.S.-Iran peace talks advanced. Geopolitical swings caused $188 million in liquidations, though Bitfinex saw $375 million in spot demand. Analysts eye a close above $84,766 to sustain the rally, while a drop below $78,000 would invalidate it. Geopolitical Shifts Drive Bitcoin…
Anthropic launched a new set of Claude agent features Wednesday, including a dreaming tool designed to help its AI agents remember past work, spot recurring mistakes, and improve over time. Dreaming is designed to extract patterns, curate memories, and surface recurring mistakes or workflows that individual agents may not identify on their own. Developers can…
SpaceX, Elon Musk’s space company that also houses his AI company, xAI, is considering spending $55 billion, at least initially, to build a semiconductor factory in Grimes County, Texas, according to a proposal on the county website. The company estimates it may spend a total of $119 billion on the project, which would be a…
Binance’s head of regulatory affairs, Dugan Bliss, made a pointed argument at the sidelines of Consensus 2026 in Miami: no cryptocurrency exchange, including Binance, can ever achieve zero exposure to illicit finance, and regulators who expect otherwise are misreading how blockchain fundamentally works. Bliss, a former senior trial counsel at the SEC, framed it plainly:…
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Key Takeaways Lazarus Group stole $300 million in rsETH on April 18 after breaching Layerzero’s core infrastructure. Over 47% of Layerzero OApps used the 1-1 DVN setup that the provider previously verified as secure. KelpDAO is migrating rsETH to Chainlink CCIP and the CCT standard to enhance cross-chain security. The Dispute Over Network Configuration KelpDAO…
XRP is trading at $1.45 as the new week opens. It is quietly staging one of the more interesting recoveries it has managed since the cycle peak. While Bitcoin’s recent push has provided a rising macro tide, XRP is pressing against the convergence of the 100-day MA and the descending channel’s upper boundary simultaneously, with…
Robot lawn mowers on sale at Amazon at a glance: Welcome to spring. It’s a time of the year when everything comes back to life. Flowers bloom, bunnies appear in the yard, and we begin to think about summer plans. While plenty of elements that come along with spring are joyful, there’s one particular yard-maintenance…
