Crypto World
Bitget Gives AI Its Own Trading Account, Advancing Toward an Agent-Native Exchange
Bitget, the world’s largest Universal Exchange (UEX), has introduced a new account structure that allows its AI trading agent, GetClaw, to execute trades autonomously within a dedicated account environment, marking a new stage in the evolution of AI-driven trading. Within this account, the agent can autonomously execute real trades based on natural language instructions, monitor markets continuously, and manage positions in real time without requiring manual intervention.
The development builds on Bitget’s earlier launch of GetClaw, a zero-installation AI agent designed to operate as a persistent trading partner, as well as the recent expansion of Agent Hub, which introduced analytical AI Skills and integrated data tools that connect market analysis directly with execution. Together, these developments reflect a progression from access, to intelligence, and now to independent execution.
The introduction of agent accounts reflects a shift in how AI is being applied within trading. The beginning saw systems focused on assisting users through analysis or recommendations but recent models are capable of observing markets continuously and acting on defined strategies. By assigning dedicated accounts to AI agents, Bitget extends this capability into direct participation under live market conditions.
“Sooner or later emerging financial markets are going to be filled with AI agents trading on behalf of users. We’re preparing the infrastructure to run this on scale,” said Gracy Chen, CEO at Bitget.
The use of dedicated sub-accounts provides clear separation between user-controlled assets and agent-driven activity, allowing strategies to be deployed with greater transparency and control. Users can define strategies in simple terms, while GetClaw executes, monitors, and adjusts positions within predefined parameters.
This approach reflects a broader architectural direction. Rather than treating AI as an external layer, Bitget is integrating AI directly into its trading environment, allowing both human users and automated systems to operate within the same infrastructure. Through Agent Hub, AI agents can access real-time data, analytical tools, and execution capabilities without relying on fragmented workflows.
As AI-driven participation grows, trading environments are evolving to support both human and machine-driven activity. This transition is shaping what is increasingly described as agentic trading, where systems move from supporting decisions to actively participating in markets.
Within Bitget’s Universal Exchange model, where crypto assets and tokenized traditional instruments operate within a unified account structure, the addition of agent accounts extends the platform’s functionality beyond manual trading. As automation becomes more integrated across markets, trading systems are evolving toward environments where analysis and execution operate together in real time.
To find out more, visit here.
About Bitget
Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
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The U.S. Commodity Futures Trading Commission and Department of Justice filed a lawsuit against Illinois and various state officials on Thursday over the state’s efforts to shutter prediction market providers.
Illinois sent cease-and-desist letters to some prediction market providers, arguing that the companies were offering sports gambling products that should be regulated under state law. The CFTC has argued that prediction markets are offering swaps products, which are regulated under the federal Commodity Exchange Act and therefore are under the “exclusive jurisdiction” of that regulator.
In the lawsuit, the CFTC continued this argument, saying Illinois’s efforts “intrudes on” the CFTC’s role, and that federal law preempts state regulations in this matter.
“Event contracts are derivative instruments that enable parties to trade on their predictions about whether a future event — which may relate to economics, or elections, or climate, or sports, or anything else of a potential financial, economic or commercial consequence — will occur,” the filing said.
The CFTC, especially under current Chairman Mike Selig, has argued that prediction markets are federally regulated, even as many of these companies expand to allow customers to place bets on sporting events. States, under both Republicans and Democrats, have pushed back. Nevada’s Gaming Control Board secured a temporary restraining order against Kalshi last month, with a hearing set for Friday.
The CFTC will participate in an appeals court hearing before the Ninth Circuit later this month, in a consolidated case involving the North American Derivatives Exchange, Kalshi and Robinhood.
Read more: Prediction markets backlash builds possible stormcloud for 2027
Anthony Scaramucci is openly backing Michael Saylor’s high‑yield Bitcoin strategy at the same time he jolts markets with a tongue‑in‑cheek X video announcing a 2028 presidential run, sharpening the line between his crypto advocacy and broader economic message.
Summary
- Scaramucci calls himself a “big fan” of Michael Saylor while dissecting Strategy Inc.’s roughly 11.5% perpetual yield tied to Bitcoin, warning that leverage and drawdowns remain real risks.
- In a previous crypto.news story, he linked that same wealth‑gap narrative to stalled CLARITY legislation in Washington and his long‑term Bitcoin thesis.
- His April 1 “Mooch 2028” video on X, framed as an April Fools’ gag, doubles as a campaign‑style address on inequality, debt and digital assets.
In a recent episode of the All Things Markets podcast, SkyBridge Capital founder Anthony Scaramucci and Galaxy Digital CEO Mike Novogratz pulled apart Strategy Inc.’s (NASDAQ: MSTR) use of high‑yield perpetual securities, which Scaramucci said can deliver “four quarterly dividend payments equivalent to a yield of approximately 11.5%” for Bitcoin believers. He was explicit about his own position: “I’m a big fan of Saylor, and obviously SkyBridge owns a lot of Bitcoin. We don’t hold any of those assets, but I just wanted to disclose that to people.”
Saylor’s 11.5% Bitcoin‑backed yield under scrutiny
Novogratz stressed the structure’s dependence on leverage: “It’s leverage on the strategy,” he said, arguing Saylor currently enjoys a “big margin of safety” because of his large Bitcoin corpus but that a sharp drop in BTC would “inevitably” eat into that cushion. He warned that if Bitcoin crashed to around $30,000, perpetual investors “naturally” fear losing principal, because they “don’t have the right to get their money back” and Saylor can theoretically halt dividends, which would likely push the instrument to a steep discount.
That nuanced pitch to yield‑hungry Bitcoin holders landed just hours before Scaramucci’s latest viral video on X, where he stood in his office wearing a “Mooch 2028” cap and declared, “I’m running for President of the United States in 2028… Join me and help me heal America.” The clip, posted on April Fools’ Day, was quickly framed by outlets like Benzinga and Breitbart as a prank, but it reads like a test balloon: he references his ill‑fated 11‑day stint in Donald Trump’s first White House and insists, “I do believe I can help guide this country in the right direction.”
In a separate BeInCrypto interview covered by BloomingBit, Scaramucci said that passing the CLARITY Act, Washington’s flagship crypto market‑structure bill, is “not an easy situation,” adding that “in the current political environment, securing 60 votes in the Senate is almost impossible.” Earlier comments to Coinness underscored how partisan rancor over Trump’s launch of a memecoin, which he said earned between $600 million and $700 million, has further poisoned the well for bipartisan crypto rules.
Price‑wise, Scaramucci has hardly turned cautious: in February he told Benzinga that Bitcoin “doesn’t reward being early, but being patient,” even as BTC traded near $70,981, down about 7.2% on the day, and more recently has floated scenarios of $2 million to $3 million per coin over the next decade. For a would‑be “Mooch 2028” candidate, the message is clear enough — leverage can juice returns, but the real bet is that Bitcoin outlasts U.S. political dysfunction.
Key Takeaways
- Needham reduced HOOD price target from $100 down to $90 while maintaining its Buy recommendation
- Compass Point lowered its target from $127 down to $108, retaining its Buy stance
- March data revealed declining volumes across equity, options, and cryptocurrency trading
- HOOD shares have plummeted 52% in the last six months and 38% since the year began
- The company’s banking arm has exceeded $1.5 billion in total deposits
Robinhood Markets has encountered significant headwinds this week as several Wall Street analysts have lowered their price expectations following the release of disappointing March trading data.
On Wednesday, Needham’s John Todaro revised his price target downward from $100 to $90, though he maintained his bullish Buy rating. His decision stemmed from observations of decelerating growth throughout virtually all segments of the platform.
“We view HOOD as the most advanced financial services platform in its evolution toward a comprehensive financial super app, however the latest volume data and reduced net interest income suggest a more subdued operating environment,” Todaro explained.
The March performance report, published March 30, indicated equity notional trading volumes reached approximately $196 billion. The platform processed 187 million options contracts, while cryptocurrency trading notional volumes totaled $16 billion.
Todaro adjusted his equities and options projections for the first quarter of 2026 downward but maintained his cryptocurrency volume forecasts unchanged, noting that declines in that sector had already been incorporated into previous models. He also reduced revenue expectations for both 2026 and 2027, primarily due to anticipated lower trading activity and diminished net interest income.
His revised $90 target price reflects 27 times Needham’s discounted fiscal 2027 EV/EBITDA calculation.
This adjustment came one day after Wolfe Research’s Steven Chubak lowered his target from $115 to $81 — representing approximately a 30% reduction. His revision followed a decline in cryptocurrency transaction revenues, further pressured by broader digital asset market weakness.
Compass Point Joins Downgrade Chorus
Compass Point’s Ed Engel similarly decreased his price objective on Wednesday, moving from $127 to $108 while preserving his Buy rating. His forecasting models project Q1 revenue coming in 9% beneath consensus expectations, with shortfalls anticipated across all three primary business lines.
Engel observed that retail trading activity typically decelerates after five to six straight months of volatile market conditions, and that most retail investor favorites have generally declined since early October.
He made a comparison to April 2025, when analysts were reducing forecasts ahead of Liberation Day. Engel proposed that should markets recover, Robinhood could emerge as a significant beneficiary considering the 2026 IPO calendar.
HOOD shares have now declined 52% during the past six months and trade 46% beneath their 52-week peak of $153.86. The stock currently carries a P/E multiple of 34.14 and commands a market capitalization of $63.1 billion. InvestingPro’s analysis indicates the stock appears overvalued at present price levels.
Banking Segment Provides Encouraging Signs
Despite trading challenges, not all indicators are negative. Robinhood’s banking operation has surpassed $1.5 billion in deposits, serving nearly 100,000 funded customers — representing an approximately 50% deposit increase over a recent timeframe.
Bernstein SocGen Group reduced its price target from $160 to $130 while maintaining an Outperform rating. The investment firm continues to forecast 25% earnings per share expansion by 2026 and a 30% revenue compound annual growth rate spanning 2025 through 2027.
Jefferies launched coverage with a Buy recommendation and an $88 price target, highlighting opportunities from expanding global retail participation and a diversified product offering.
According to TipRanks, HOOD maintains a Strong Buy consensus recommendation based on 15 Buy ratings and 2 Hold ratings, with an average price target of $117.33 — suggesting approximately 67% potential upside from current trading levels. The most optimistic price target among analysts reaches $147.
The company’s complete first-quarter earnings report is scheduled for release in May.
Soluna Holdings, a publicly traded Bitcoin (BTC) mining and AI infrastructure company focused on renewable energy, announced on Thursday that it closed a $53 million deal to acquire a wind farm to power its upcoming Project Dorothy 3 AI data center campus.
The Briscoe Wind Farm, located in Briscoe County, Texas, has a potential capacity of up to 300 megawatts (MW), according to the company’s announcement.
The company forecasts that the facility will generate annualized revenue between $20 million and $24.4 million.
Shares of Soluna are up by about 7.6% following the news, and are trading at about $0.76 at the time of writing.
Soluna expanded into AI data center infrastructure in February 2024, amid an industry-wide pivot toward AI and high-performance computing infrastructure to shore up declining revenues from the crypto mining business.
Related: AI data center gold rush sparks debate over impact on Bitcoin mining
Miners adopt renewable energy solutions amid profit squeeze
The Bitcoin mining industry faces several economic headwinds, including declining block rewards, rising energy costs and compressing profit margins, with many companies operating near or below breakeven levels.
Up to 20% of mining companies aren’t profitable, according to a March 2026 report from asset manager CoinShares.
The average cost to mine a single Bitcoin rose to nearly $80,000 in the fourth quarter of 2025, CoinShares said. Bitcoin is currently trading well below that level.
“Q4 2025 marked the most challenging quarter for Bitcoin miners since the April 2024 halving,” the report said.
The October 2025 market crash, which caused Bitcoin to plummet from an all-time high around the $125,000 level to a low of about $60,000, and rising network hashrate have placed even more pressure on the industry, CoinShares said.
Bitcoin mining companies sold over 15,000 BTC between October and early March to cover operating expenses, and the pace of selling has continued in recent weeks.
Several Bitcoin mining companies, including The Pheonix Group and Sangha Renewables, have adopted renewable energy solutions to power their operations and remain competitive amid a challenging business environment.
Canaan, a mining hardware manufacturer and mining company, partnered with Soluna in September to deploy a wind-powered BTC mining facility at the Briscoe, Texas site.
Related: AI may already use more power than Bitcoin — and it threatens Bitcoin mining
Polymarket traders now put a 65% chance on WTI crude hitting $120 at some point in 2026, as Middle East tensions and supply fears drive a rapid repricing of oil risk.
Summary
- The Polymarket market on WTI crude reaching $120 in 2026 has seen its implied probability jump to 65%, up 25 percentage points over 24 hour.
- The contract resolves “yes” if any one-minute candle high of the active WTI futures month in 2026 trades at or above $120; a prior market used CME’s year-end settlement price instead.
- ChainCatcher reports that Polymarket will keep monitoring flows in the oil markets and updating pricing as conditions change.
Prediction platform Polymarket is currently assigning a 65% chance that WTI crude oil futures will trade at $120 per barrel at some point in 2026, with the market’s probability having climbed 25 percentage points in the past 24 hours and 10 points in the last hour. That repricing comes against a backdrop of WTI futures trading around $106 per barrel after a more than 6% daily move, as escalating Middle East tensions and fears of supply disruption outweigh the impact of scheduled OPEC+ production increases.
The specific market — “What will WTI Crude Oil (WTI) hit in April 2026?” — resolves on an intraday high rather than a closing level, using one-minute candles for the active month WTI futures contract. Under the rules, the market will resolve to “yes” if, at any point during the 2026 period, any one-minute candle for the active WTI month prints a high at or above $120; otherwise, it resolves “no,” with fallback to official daily highs from CME if oracle data is unavailable.
Polymarket’s earlier WTI contracts, including a “Will Crude Oil (CL) hit by end of March?” market, were tied to the official settlement price of the near-month futures on the last trading day of the period. In those structures, a “yes” outcome required the CME settlement price to be at or above the strike level on expiry, a stricter condition than a single intraday spike.
By contrast, the new $120 market pays out if WTI touches the threshold at any moment in the year, making it more sensitive to short-lived volatility and headline-driven spikes. That shift aligns the oil market with other Polymarket structures that key off one-minute candles, reflecting the platform’s move toward higher-frequency oracle data for commodities and macro assets.
The jump to a 65% implied probability that WTI will hit $120 mirrors a broader repricing of oil risk across prediction venues and derivatives. Analysis of crude oil markets shows that traders now see elevated odds of WTI breaking into triple digits and sustaining high volatility, with probabilities for $95 and $100 per barrel also rising alongside volume and open interest at higher strikes.
ChainCatcher reported that Polymarket plans to continue monitoring flows and adjusting odds as new information on supply, geopolitics, and demand comes in, underscoring how quickly real‑money prediction markets can react to macro shocks. For macro traders, the contract offers a clean way to express views on whether war risk and supply constraints will push WTI from today’s ~$106 area to $120 or beyond before 2026 is over.
Key Highlights
- SoFi unveiled Big Business Banking, an all-hours platform enabling enterprises to handle both traditional currency and stablecoins through a regulated banking institution.
- The offering provides continuous deposits, transfers, and settlements — a stark departure from conventional banks’ limited business hours.
- Central to the platform is SoFiUSD, a stablecoin with reserves maintained directly in SoFi’s federally chartered banking entity.
- Launch partners include major industry players: Bullish, BitGo, Galaxy Digital, Mastercard, Cumberland, and Wintermute.
- Year-to-date 2026, SOFI shares have declined approximately 40%, pressured by fintech sector headwinds and accusations from short-seller Muddy Waters Research.
SoFi Technologies has progressively expanded far beyond its original student loan business model — branching into credit products, consumer banking, investment services, and small business financing. Thursday’s announcement marks another strategic shift: corporate banking solutions designed for enterprises requiring continuous financial operations.
The newly introduced service, SoFi Big Business Banking, enables business customers to maintain traditional U.S. currency holdings, transform them into digital stablecoins, and execute transfers continuously — all through SoFi’s federally chartered banking institution.
Currently, enterprises involved in cryptocurrency operations typically navigate a fragmented ecosystem of service providers. One institution handles cash holdings, another manages stablecoins, while yet another provides custody solutions. Transferring capital between these entities often requires hours or even days. SoFi aims to unify these functions under a single infrastructure.
Chief Executive Anthony Noto articulated the rationale clearly in Thursday’s announcement: “To be competitive, businesses today must operate in a global, always-on environment 24 hours a day, 7 days a week, while legacy banks typically still operate 9 to 5, Monday to Friday.”
SoFiUSD Stablecoin Serves as Platform Foundation
The platform’s core component is SoFiUSD, a dollar-backed stablecoin that customers can mint and redeem directly within the banking environment. Distinguishing itself from numerous stablecoins issued beyond U.S. regulatory frameworks, SoFi’s offering connects directly to a supervised institutional balance sheet, maintaining backing reserves internally.
The infrastructure also leverages distributed ledger technology, including Solana, for transaction processing. Practically speaking, a financial services firm could deposit traditional currency, transform it into SoFiUSD, and allocate that capital to markets immediately — eliminating wire transfer settlement delays. The conversion reverses with equal efficiency.
Multiple prominent cryptocurrency enterprises have joined as initial partners. Bullish, BitGo, Galaxy Digital (GLXY), Mastercard (MA), Cumberland, and Wintermute are anticipated to utilize the infrastructure for transaction movement and settlement. These organizations specialize in trading operations, liquidity provision, and asset safekeeping — precisely the type of enterprises requiring rapid, continuous capital movement.
This introduction follows several cryptocurrency-focused initiatives from SoFi. The organization revealed blockchain-enabled remittance services in August 2025 and introduced SoFiUSD in December 2025. It also established a small business financing marketplace in 2024.
SOFI Shares Continue 2026 Decline
Despite Thursday’s announcement, market response proved subdued — and unfavorable. SOFI shares decreased approximately 2.4% during early market activity, having already weakened throughout pre-market hours.
Heading into Thursday, the equity had already depreciated roughly 40% year-to-date. Two primary factors have driven the decline: challenging market conditions affecting fintech companies generally, and a continuing controversy with short-seller Muddy Waters Research, which released allegations regarding accounting practices earlier in 2026.
SoFi dismissed those assertions as “factually inaccurate and misleading” and indicated it was evaluating potential legal recourse against Muddy Waters.
As of Thursday’s early trading activity, SOFI was trading near price levels reached following the Muddy Waters publication — with the Big Business Banking debut failing to arrest the downward momentum thus far.
Bitcoin (BTC) gained a $10,000 price warning as stocks took a fresh hit over oil-supply fears at Thursday’s Wall Street open.
Key points:
-
$10,000 BTC prices may return as the market struggles to hold ground, says new analysis.
-
Bitcoin and US stocks take a further beating as markets discount the odds of the Strait of Hormuz returning to “normal.”
-
Oil spikes to $114 per barrel in a volatile Wall Street open.
BTC price “may be reverting” to $10,000
Data from TradingView tracked BTC price action as it dipped below $66,000 to reach week-to-date lows.
Bitcoin continued to field warnings from market participants over short-term and long-term price performance.
In his latest analysis, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, even saw $10,000 coming back into play for BTC/USD.
“Before the biggest money pump in history in 2020-21, Bitcoin hovered around $10,000, and it may be reverting,” he wrote in a summary on X.
McGlone argued that $10,000 had particular importance as the point at which Bitcoin futures markets first began trading almost a decade ago.
Data from CoinGlass meanwhile put 24-hour crypto liquidations at over $400 million on Thursday.
Oil surges over supply woes as Bitcoin falls
US equities came under considerable pressure at the open, with the Nasdaq Composite Index down by more than 2% at the time of writing.
Related: US recession odds near 50%: Can Bitcoin copy 2020 comeback gains?
Gold found cause for a modest rebound after its own comedown earlier, with oil supplies through the Strait of Hormuz in the spotlight. WTI crude spiked to $114 per barrel as the US session began.
Reacting, trading resource The Kobeissi Letter said that US inflation could hit 3.6% if prices sustained for two months.
“This would put US inflation at its highest level since September 2023,” it wrote on X.
Prediction platform Kalshi showed declining odds of oil traffic reverting to “normal” levels this year.
The volatility came as markets returned following an address to the nation by US President Donald Trump. As Cointelegraph reported, markets were disappointed by the event as Trump avoided key deescalation promises.
Kobeissi founder Adam Kobeissi called the address the “most puzzling part of the Iran War yet.”
“It began with Iran’s President stating they have “no enmity” towards Americans and ended with President Trump escalating the Iran War, the exact opposite of what we have seen over the last 2 weeks from both sides,” he told X followers.
“It simply does not add up.”
This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research before making any decisions. Cointelegraph makes no guarantees regarding the accuracy or completeness of the information presented, including forward-looking statements, and will not be liable for any loss or damage arising from reliance on this content.
Crypto World
Mobix Labs (MOBX) Stock: 1-for-10 Reverse Stock Split Approved to Meet Nasdaq Requirements
Key Highlights
-
Mobix Labs approves 1-for-10 reverse stock consolidation to satisfy Nasdaq standards
-
Stock experiences 3.81% decline as reverse split announcement proceeds
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Share consolidation scheduled for implementation on April 6, 2026
-
Total outstanding shares to be reduced approximately tenfold post-consolidation
-
Company takes action to maintain exchange listing and market credibility
Shares of Mobix Labs (MOBX) traded down to $0.2690, representing a 3.81% decline during fluctuating morning market activity. The stock experienced downward pressure and partial rebound within the trading session. The technology firm announced its decision to execute a reverse stock consolidation designed to meet Nasdaq exchange listing standards.
Company Moves Forward with Share Consolidation Strategy
Mobix Labs, Inc. officially announced a 1-for-10 reverse stock consolidation following shareholder authorization obtained in March 2026. The semiconductor company will execute this structural change following the closing bell on April 6, 2026. This strategic decision serves to elevate the trading price per share and satisfy Nasdaq’s minimum bid price criteria.
The consolidation will merge each group of ten existing shares into a single share, affecting both Class A and Class B common stock equally. Outstanding share quantities will experience substantial reduction following this structural modification. The corporation will maintain its current authorized share capital despite the consolidation.
Related equity instruments including employee stock options, outstanding warrants, and convertible debt securities will undergo corresponding proportional modifications. These adjustments ensure all derivative instruments remain aligned with the restructured share base. As a result, the company maintains internal consistency throughout its entire equity capital structure.
Implementation Mechanics and Shareholder Impact
Mobix Labs will consolidate Class A common shares from approximately 103 million down to roughly 10.3 million shares outstanding. Simultaneously, Class B common shares will contract from around two million to approximately 200,000 shares. This contraction directly results from applying the ten-to-one consolidation ratio.
The company will not issue any fractional shares following completion of the consolidation procedure. Shareholders whose holdings would result in fractional entitlements will instead receive cash compensation calculated using adjusted market closing prices. This methodology streamlines record-keeping while ensuring equitable treatment.
Investors maintaining positions through brokerage accounts or electronic book-entry systems face no required actions. Share balances will update automatically when the reverse consolidation takes effect. This automated process minimizes administrative burden and potential confusion for current equity holders.
Business Model and Market Positioning Context
Mobix Labs functions as a fabless semiconductor enterprise focused on defense and aerospace industry applications. The organization engineers radio frequency and interconnect technologies tailored for high-reliability mission environments. These specialized markets require exceptional performance consistency and adherence to rigorous technical specifications.
The reverse consolidation represents part of comprehensive initiatives to preserve Nasdaq compliance status and sustain institutional credibility. Maintaining continued exchange listing facilitates capital raising opportunities and strengthens corporate market presence. The maneuver therefore constitutes a structural recalibration rather than fundamental business strategy modification.
Notwithstanding recent trading price challenges, the organization remains committed to advanced semiconductor and connectivity solution development. Its product offerings address mission-critical infrastructure where dependability proves paramount. Accordingly, Mobix Labs maintains focus on specialized yet high-value technology market segments.
The consolidation disclosure establishes definitive timelines and procedural clarity for all interested parties. It further demonstrates management’s methodical approach to regulatory compliance without disrupting underlying operational activities. In summary, this development represents a technical capital structure refinement within an otherwise consistent strategic framework.
Rakebit just dropped what might be its most significant update ever, and it fundamentally changes the math for anyone stepping into the crypto casino for the first time.
The Loyalty Leveling System v2 is now live, bringing with it an expanded progression structure, accelerated rewards, and a welcome offer that sounds too generous to be real. Every new player can now wager their first $1,000 with complete rakeback, meaning the house takes absolutely nothing during that initial stretch.
What Zero House Edge Actually Looks Like
Here’s the deal: new Rakebit players receive 100% rakeback across their first nine levels, covering up to $1,000 in total wagers. Every dollar the casino would typically pocket from your bets gets returned directly to you.
This isn’t a bonus that comes with strings attached. It’s straightforward elimination of the house advantage during your opening run.
Breaking Down the Numbers
To be clear, this isn’t free money appearing in your account. The mechanics work like this: every bet carries a house edge, which is normally how casinos turn a profit. With full rakeback, that entire edge comes back to you.
Consider a practical example. If you’re spinning slots with 96% RTP, that means there’s a 4% house edge. For every dollar wagered, four cents returns to you as rakeback, win or lose on that individual spin.
Wager the full $1,000? You’re looking at roughly $40 in accumulated rakeback. The casino’s expected take from your first thousand in action? Absolutely zero. They eat that cost entirely.
Your individual bets still play out normally. You’ll win some and lose some based on chance. But that invisible cut every other casino quietly collects? It doesn’t exist here for your first thousand wagered.
Fifty Levels Replace the Old Twenty
The previous system capped out at 20 levels. Players were hitting the ceiling too quickly, and the early grind felt painfully slow.
Version 2 expands this to 50 levels with a progression curve that actually rewards consistent play.
Levels 1 through 9 represent the risk-free zone. Full rakeback applies here, covering your first $1,000 with no house advantage. This is your window to experiment, test different games, and figure out what works for you while the house literally cannot profit from your action.
Level 10 marks the transition point. You lock in 10% base rakeback permanently, and daily cashback activates at 2%. That 10% becomes your floor going forward.
Levels 10 through 50 watch your daily cashback climb steadily from 2% all the way up to 25%. Stack that on top of your permanent base rakeback and every session starts paying you back more aggressively as you progress.
Everything Else Stays the Same
The loyalty revamp sits on top of the core Rakebit experience that players already know.
No identity verification required. Sign up through Google, Telegram, X, or email. Your documents stay in the drawer.
VPN usage is welcome. Geographic restrictions don’t apply here.
The game library exceeds 7,000 titles from providers like Pragmatic, Hacksaw, NetEnt, Spribe, and Red Tiger. Sixteen provably fair Rakebit Originals offer RTP up to 99%.
Crypto cashouts remain flexible across BTC, ETH, USDT, USDC, SOL, TON, DOGE, XRP, and dozens more.
Getting Started Takes Seconds
Registration at Rakebit requires about ten seconds and zero documentation. Deposit using any of 30+ supported cryptocurrencies. Start playing whatever catches your interest and the full rakeback kicks in automatically on your first $1,000 wagered. Hit level 10 and daily cashback begins stacking on top of your permanent 10% base.
The Short Version
Fifty levels replace twenty, with smoother progression and faster early rewards. Full rakeback covers levels one through nine, eliminating house edge on your first thousand wagered. Level 10 locks in permanent 10% rakeback for life. Daily cashback ranges from 2% to 25% based on your level, starting at ten. No KYC and VPN-friendly policies remain unchanged.
The house edge disappears completely for your opening $1,000. Beyond that, the returns still beat anything else in the space.
Links: Website | Bonuses | Earn with RakeBit | Discord | Support | X (Twitter) | Kick
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
The Nasdaq mostly erased an early 2% loss Thursday after reports that Iran is drafting a protocol with Oman to manage traffic through the Strait of Hormuz, easing concerns about disruptions to a key global oil route.
WTI crude oil — which had surged to nearly $115 per barrel as President Trump vowed to continue the war against Iran — fell about $5 on the news.
Crypto prices trimmed losses alongside, but remained sharply lower over the past 24 hours. Bitcoin at $66,700 is down by 3%, and ether (ETH) at $2,060 is down by the same amount.
Iranian officials framed the move as a matter of coordination rather than control. The country’s deputy foreign minister for legal and international affairs, Kazem Gharibabadi, said that even under normal conditions, ship traffic through the strait should be monitored and coordinated with coastal states like Iran and Oman to ensure safety. He added that the proposed measures are not intended to restrict passage, but to “facilitate and ensure safe passage” and improve services for vessels moving through the route.
The remarks come after U.S. President Trump on Wednesday night vowed to hit Iran “extremely hard” in the coming weeks and that the Strait of Hormuz would “open naturally” once the war ends.
Bitcoin fell after Trump’s remarks and continues to trade about 2% lower over the past 24 hours, in line with crypto stocks, including Coinbase (COIN) and Robinhood (HOOD).
CFTC sues Illinois over state’s cease-and-desist letters against prediction markets
LBC Host Criticises Trump For Recent UK Remarks
Kings Valley targets first Easter Cup for Maher in 2026 Caulfield feature
Smart energy pays enters the US market, targeting scalable financial infrastructure
Why Israel is blocking foreign journalists from entering
Bitcoin: We’re Entering The Most Dangerous Phase
XRP NEWS TODAY : The Real Reason SWIFT is Building on Blockchain Right Now
XRP THERE WAS NO CHOICE !!!! XMONEY LIVE 24 HOURS !!!? SBI OFFICIALLY FLIPPED THE SWITCH !!!!
LIVE TRADING BTC GOLD | 02/04/2026 |#crypto #livetrading #btc #forex #forextrading
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