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Cathie Wood’s ARK Goes On $27 Million SpaceX Shopping Spree

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Cathie Wood's ARK Goes On $27 Million SpaceX Shopping Spree

Cathie Wood continued betting big on SpaceX on Friday. Her ARK Invest firm purchased over 200,000 shares of Elon Musk’s space company across multiple ETFs worth almost $27 million, according to company logs. Wood has long placed high value on Musk’s companies, pumping hundreds of millions into investments in SpaceX (SPCX) and Tesla (TSLA) over the years. ARK Invest Buys…

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Guardant Health Stock Dives After Losing A Patent Dispute; Judge Orders Royalties

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Guardant Health Stock Dives After Losing A Patent Dispute; Judge Orders Royalties

Guardant Health (GH) stock tumbled Monday after losing a patent battle against privately held TwinStrand Biosciences and the University of Washington. The judge ordered Guardant to pay more than $245.2 million in damages, accrued royalty and interest. Guardant will also have to pay a 6% royalty on sales of key products, including its Guardant360 and Shield tests. These tests use…

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CleanCore exits Dogecoin treasury with $33.4M sale for AI push

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CleanCore exits Dogecoin treasury with $33.4M sale for AI push

CleanCore Solutions has sold substantially all of its 463 million Dogecoin holdings for about $33.4 million as it redirects capital toward AI infrastructure while a $100 million stock offering has more than doubled its outstanding share count.

Summary

  • CleanCore sold substantially all of its 463 million DOGE holdings for about $33.4 million on July 20.
  • The proceeds were redirected toward the company’s AI infrastructure business, ending its Dogecoin treasury strategy.
  • A $100 million stock offering increased CleanCore’s outstanding shares by about 121.9% to 502.1 million.
  • Warrants covering another 524.2 million shares could result in additional dilution if exercised.

CryptoSlate, citing U.S. Securities and Exchange Commission filings, reported that CleanCore disposed of substantially all of its remaining Dogecoin (DOGE) on July 20 and allocated the proceeds to its AI infrastructure segment, ending a treasury strategy that less than a year ago was built around accumulating a major share of DOGE supply.

The sale follows several earlier disposals. An SEC prospectus showed that by June 2, CleanCore had already sold about 200 million DOGE for $18.4 million and transferred another 70 million tokens in exchange for roughly $6.8 million of professional services. At that point, it still held 463.06 million DOGE valued at approximately $44.3 million.

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CleanCore’s retreat has reversed a strategy that began in September 2025, when the company raised $175 million through a private investment in public equity to make Dogecoin its primary treasury reserve asset. As crypto.news previously reported, the financing attracted more than 80 investors, including Pantera, GSR and FalconX, while House of Doge and 21Shares advised the treasury program.

CleanCore Dogecoin treasury has moved from accumulation to liquidation

Only days after launching the strategy, CleanCore bought 285.42 million DOGE for about $68 million and initially planned to accumulate 1 billion tokens within 30 days. Its longer-term plan called for holding as much as 5% of Dogecoin’s circulating supply, according to coverage of the purchase in September 2025.

The holdings continued rising after the initial acquisition. By October 2025, CleanCore said its treasury contained 710 million DOGE and carried more than $20 million in unrealized gains, while management said the company had sufficient cash to continue buying tokens toward the 1 billion DOGE target, according to an October report.

By 2026, however, the company had begun unwinding the program. A June 8 SEC filing said CleanCore had terminated its asset management agreement with Dogecoin Ventures and 21Shares on March 6 and was managing the remaining assets internally while assessing their disposal. The company disclosed the earlier 200 million DOGE sale and 70 million DOGE transfer in the same filing.

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At the same time, CleanCore appointed Tyler Hassen as chief executive and said its business would focus on building AI infrastructure in the United States. The filing described plans to move away from both its cleaning products operations and its previously announced Dogecoin treasury strategy, while the company was exploring a sale of the cleaning business.

$100 million offering has lifted CleanCore’s share count 121.9%

Funding the new business has also substantially changed CleanCore’s capital structure.

CleanCore priced a best-efforts public offering on Aug. 11 involving 275,829,576 common shares, 124,170,424 pre-funded warrants and investor warrants covering up to another 400 million shares. The common shares and accompanying warrants were offered at a combined price of $0.25, while the pre-funded warrant packages were priced at $0.2499.

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According to CleanCore’s Aug. 20 SEC filing, issuance of the 275.83 million common shares increased shares outstanding to 502,090,260. The final prospectus placed the pre-offering total at 226,260,684 shares, meaning the shares already issued through the transaction increased the outstanding count by about 121.9%.

Potential dilution extends beyond the shares already issued. The offering included pre-funded warrants for 124.17 million shares, which carry a $0.0001 exercise price and have no expiry, alongside warrants covering as many as 400 million shares at an exercise price of $0.25 over five years.

If all offering-related warrants were eventually exercised after the Aug. 20 share count, the number associated with the offering could reach 1.026 billion shares. That remains a conditional scenario because warrant exercises are subject to ownership limits and other terms, while CleanCore’s prospectus separately lists stock options, restricted stock units, existing warrants, settlement shares and other potential equity issuances.

The company said the offering generated approximately $100 million in gross proceeds. Its prospectus estimated net proceeds of about $92 million after an $8 million placement and advisory fee, although the closing disclosure did not specify the final amount of cash received.

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AI infrastructure commitments exceed the latest equity raise

CleanCore’s new capital is being directed toward an AI infrastructure business that already carries large funding requirements.

A July 23 agreement established a joint venture for an approximately 55-megawatt data center in Minnesota, including a baseline 40-megawatt compute deployment connected to a colocation agreement with Cerebras Systems. CleanCore later said the 10-year Cerebras agreement carried an initial contract value of about $800 million, with two additional 10-year renewal options that could take potential contract value above $3 billion. Initial revenue is expected in the first quarter of 2027, according to the company.

The Minnesota venture carries an initial project budget of approximately $479 million, while CleanCore’s commitments can reach as much as $500 million under the transaction structure, according to the filings cited by CryptoSlate. An initial contribution schedule called for $25 million at the venture’s closing and as much as another $15 million within four business days depending on project needs.

CleanCore subsequently said approximately $140 million of project equity had been “funded or committed,” including proceeds from the stock offering and completed Dogecoin sales. The disclosures cited by CryptoSlate did not separate capital already funded from outstanding commitments or reconcile the $140 million figure against the venture’s contribution schedule.

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The financing model resembles a pattern already visible among other listed crypto companies. A July 2026 report found that more than a dozen digital asset treasury companies had moved toward AI and data center businesses as falling crypto prices and lower treasury premiums reduced investor demand for the digital asset treasury model.

CleanCore had reported $4.1 million in cash and cash equivalents and another $13 million in restricted cash on its March 31 balance sheet. The disclosures cited by CryptoSlate have not provided an updated cash balance incorporating the subsequent $33.4 million DOGE disposal and proceeds from the August equity offering.

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Bitcoin Braces for Warsh's Jackson Hole Debut: Will 2022 Repeat?

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Bitcoin (BTC) and S&P 500 (SPX) Performance Around Jerome Powell's First Jackson Hole

Kevin Warsh speaks at Jackson Hole on Friday, his first keynote as Federal Reserve Chair. Bitcoin traders have one question. Does this look like August 2022?

The answer sits in eight years of price data, which shows only one of those speeches actually hurt Bitcoin.

What Powell’s 2022 Speech Did to Bitcoin

Jerome Powell took the podium on August 26, 2022. He was blunt about fighting inflation and offered markets no relief.

Bitcoin fell from $21,518 to $20,230 that day. That is a drop of 6% in a single session. Likewise, the S&P 500 lost 3.4% in the same session.

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By August 28, Bitcoin sat 9% below its pre-speech level. That is the version traders fear repeating.

Bitcoin (BTC) and S&P 500 (SPX) Performance Around Jerome Powell's First Jackson Hole
Bitcoin (BTC) and S&P 500 (SPX) Performance Around Jerome Powell’s First Jackson Hole. Source: TradingView

Eight Years of Data Show 2022 Was the Outlier

BeInCrypto measured Bitcoin’s move on every Fed chair keynote day since 2018.

Bitcoin Performance Around Different Jackson Hole Speech
Bitcoin Performance Around Different Jackson Hole Speech

The median reaction is a gain of 1%. Seven of the eight moves sit inside a 5% band. Only 2022 broke that range, to mark the single move worse than 2% in eight years.

Tone alone does not explain it. The 2023 speech was also hawkish, yet Bitcoin lost only 0.4%. What set 2022 apart was surprise. Traders arrived expecting relief and got a pledge of economic pain instead.

Dovish years were not free money either. Bitcoin slipped 1.3% after Powell’s 2025 remarks, and that post-speech rally unwound within days.

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Why Warsh Could Still Deliver the Hawkish Version

The hawkish path is live, as the Fed held rates at 3.50% to 3.75% in July, but three officials voted to hike.

August minutes kept that pressure in view, with hawkish rate risks back on the table.

Inflation is the reason, as it held at 3.4% in July, and a September Fed hike is still close to a coin flip.

Heading into the Jackson Hole Symposium this week, Warsh is the wildcard because he has said little about rates since taking the job in May. This means anything he does say lands harder.

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He has framed Friday as a chance to widen the lens rather than signal a move.

“There is a tendency, especially with the proliferation of meetings and press conferences, to get caught up in the myopic … If I could, in the high mountain air in Jackson, Wyoming, I’d like to also frame the big questions,” Kevin Warsh, July 29 press conference transcript.

Bitcoin (BTC) trades near $79,093, roughly flat over the past 24 hours, after climbing 23% in the week to August 21. Traders can follow Bitcoin’s price action into Friday.

Bitcoin Price Performance. Source: BeInCrypto
Bitcoin Price Performance. Source: BeInCrypto

The next policy meeting falls on September 15 and 16. History says the base case is a small move. 2022 says the tail is fat.

The post Bitcoin Braces for Warsh's Jackson Hole Debut: Will 2022 Repeat? appeared first on BeInCrypto.

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BitMart suggests restructuring weeks after closure announcement

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BitMart suggests restructuring weeks after closure announcement

Crypto exchange BitMart might not be shutting down after all, following this weekend’s announcement of plans to explore a potential “restructuring plan.”

BitMart says the plan may involve the phased “resumption of certain operations in an orderly manner alongside distributions to creditors.”

Restructuring counsel White & Case has been hired to help BitMart assess its options, while a roadmap detailing its future will be released “no later than September 9, 2026.”

Read more: BitMart CPO resigns as insolvency speculation mounts

Just over a month ago, on July 26, BitMart announced that it would cease all of its operations by January 31, 2027. 

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What followed was weeks of panic from users trying and failing to withdraw all of their assets from the exchange. 

BitMart’s Chief Product Officer Terence Lee resigned in a post that distanced himself from the crypto exchange’s core operations. 

Its CEO Nathan Chow was terminated prior to the closure announcement and wasn’t made aware the announcement in the first place. 

All of this led has led to speculation that the firm may be insolvent. 

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Ripple Payment Rails Separated From FedNow Access by Volante

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Infographic showing a 6-step cross-border payment flow cycle around a central mobile payment icon.

Volante Technologies offers U.S. banks and financial institutions a unified solution for the Federal Reserve’s FedNow Service and The Clearing House’s RTP real-time payments network. Separately, Volante’s cross-border payment materials list Ripple and digital currencies among the services its platform processes.

The available materials describe separate capabilities, while the Federal Reserve’s FedNow participants and service providers page does not mention XRP or Ripple.

Volante says its cloud-native cross-border payments platform processes SWIFT gpi, Ripple, Visa B2B, Mastercard Send, digital currencies, alternative payments, and other services from a single platform. The company also describes connectivity to SWIFT, blockchain networks, major card networks, and alternative payment rails.

Infographic showing a 6-step cross-border payment flow cycle around a central mobile payment icon.

This architecture presents multiple payment and messaging options through one provider. Volante’s cross-border materials identify Ripple alongside other rails, while its FedNow announcement describes a separate unified offering for FedNow and TCH RTP.

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Volante’s FedNow Offering Ripple Payment

In an announcement, Volante said it was offering U.S. banks and financial institutions a single unified solution for the FedNow Service and TCH RTP real-time payments. The company said adopters could begin with TCH RTP and add the FedNow Service when the network was ready.

The announcement said Volante had joined the FedNow Pilot Program in early 2021 and was a prospective participant in the Federal Reserve’s FedNow Service Provider Showcase. It described capabilities for real-time and instant payments and said Volante’s FedNow offering would be extensible to wire, ACH, and SWIFT. However, the announcement does not refer to Ripple or XRP.

The Federal Reserve’s FedNow participants and service providers page describes the FedNow Service as instant-payments infrastructure through which participating banks and credit unions can send and receive transactions within seconds on behalf of customers, 24 hours a day, seven days a week.

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Illustration of a clock integrated with dollar bills and the text defining FedNow as an instant-payment platform.
Infographic explaining the FedNow instant-payment platform from Investopedia.

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Keeping the Distinction Clear

Volante’s materials support two separate points: the company offers a FedNow and TCH RTP solution for U.S. financial institutions, and its cross-border platform processes Ripple among a broader set of payment services. The supplied materials do not describe a shared settlement mechanism between FedNow and Ripple.

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A direct statement from FedNow connecting the service to XRP or Ripple would be needed to establish such a link. Based on the materials reviewed, Volante’s FedNow offering and its Ripple-related cross-border capability should be treated as separate parts of the vendor’s platform.

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The post Ripple Payment Rails Separated From FedNow Access by Volante appeared first on Cryptonews.

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Goverment Shutdown 2026 Odds Fall as Markets Split the October 1 Risk

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Goverment Shutdown 2026 Odds Fall as Markets Split the October 1 Risk

Kalshi’s contract on a federal government shutdown on October 1, 2026 priced YES at 15-16 cents, an implied odds near 10% and down sharply from 35% just three weeks earlier.

Polymarket’s parallel market, which resolves on a different trigger and a later cutoff, still showed 16.5 cents as of August 14, per Polymarket Trader’s snapshot. The gap between those two numbers says less about Washington than about how differently the two venues define a shutdown.

The Goverment Shutdown Odds In 2026 Aren’t Pricing the Same Bet

Kalshi’s contract resolves YES only if part of the government is shut down at 10:00 a.m. ET on October 1 specifically. Polymarket runs two separate contracts on the same date: one requiring an actual shutdown, agencies suspending non-excepted operations, typically with furloughs, by 11:59 p.m. ET, and a second, broader “any-duration lapse” contract that pays out even on a brief technical gap with zero operational impact.

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On August 14, Polymarket priced the shutdown version at 16.5 cents and the lapse version at 13.5 cents.

Source: Kalshi

A third Polymarket market bundles “another shutdown by January 31, 2027” with the 2026 House winner. Its no-shutdown legs had already settled at zero cents by the August 14 check, while the shutdown-plus-Democratic-House leg traded at 87.3 cents.

That is the market telling traders something specific: a lapse somewhere in the current funding cycle is priced as close to certain, even while an October 1 lapse specifically sits in the mid-teens.

A Five-Week Repricing, Told Through Three Snapshots

Kalshi’s own market commentary put the shutdown contract at 35% on July 31, with Senate negotiators reportedly nearing a stopgap that would fund the government to December 4 while capping a disputed OMB rule on appropriated spending.

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By August 3, the cross-venue average had fallen to 28%, with Kalshi at 25% and PredictIt at 31%. Two weeks later, Kalshi had drifted down again to the 12-13% range on roughly $193,000 in contract volume.

That trajectory, 35%, then 28%, then roughly 12-13%, is a repricing toward “Congress avoids the specific date,” not toward “shutdown risk is gone.”

The combined Polymarket market’s zeroed-out no-shutdown legs for January 31 make that distinction explicit: traders are separating the October 1 deadline from the broader fiscal-year window, and pricing them very differently.

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Both books remain thin relative to 2025, when related shutdown contracts on Polymarket cleared roughly $157 million in cumulative volume on the start-date market alone – a reminder that current liquidity of a few thousand to a few hundred thousand dollars leaves these prices more exposed to spread and single-trade repricing than last year’s deeper markets.

The Percentage Is Only Half the Trade. Kalshi Lets You Trade the Exact Question.

The shutdown market shows why prediction trading is more than glancing at a headline probability. A 15% contract can mean something very different from another market showing 16% if the resolution rules, timing, and trigger are not identical.

That precision is part of Kalshi’s appeal.

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Users can trade directly on defined real-world outcomes across politics, economic data, Fed decisions, crypto, and other major events, with every contract spelling out exactly what must happen for YES or NO to settle.

For traders following Washington into October, that creates a cleaner way to express a view than trying to guess how stocks, bonds, Bitcoin, or the dollar might react to the same event.

The government may avoid a shutdown at 10:00 a.m. on October 1 and still face another funding crisis weeks later. Kalshi lets traders separate those questions rather than treat them as a single macro bet.

Eligible new users who join through CryptoNews can also receive $25 through our referral link.

Make Your Prediction Count With $25 For Free on Kalshi

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The post Goverment Shutdown 2026 Odds Fall as Markets Split the October 1 Risk appeared first on Cryptonews.

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Gemini strikes Apex deal to widen prediction markets reach

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U.S. CFTC files request to erase Gemini settlement that it no longer considers fair


The planned tie-up would make Gemini the exclusive CFTC-regulated venue for crypto event contracts offered through Apex’s futures commission merchant.

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New Solana vote could ramp daily SOL burns to $800,000 and slow new token creation

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New Solana vote could ramp daily SOL burns to $800,000 and slow new token creation


Two of the three proposals would reduce SOL supply growth by speeding up Solana’s inflation decline and raising daily fee burns from about 650 SOL to as much as 9,000 SOL.

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XRP Price Prediction: $1.5B ETF Inflows and Institutional Backing

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XRP price is in the news after a 50% rally, but overbought signals and heavy leverage raise fresh profit-taking risks for investors.

XRP is changing hands at $1.47, down 1.25% over the last 24 hours, a pullback that looks minor against the backdrop of what’s happening in the ETF complex. Cumulative net inflows into U.S. spot XRP ETFs hit roughly $1.51 billion, with total net assets sitting between $940 million.

The Friday’s flow data shows inflows of about $18 million, led by Bitwise, Grayscale, and Franklin, a rebound from a rougher stretch where weekly inflows collapsed roughly 93% to just $1.01 million earlier in August. Markets seem to be pricing that optimism in real time.

XRP price is in the news after a 50% rally, but overbought signals and heavy leverage raise fresh profit-taking risks for investors.
XRP ETF Flows, Coinglass

The bigger question: does $1.5 billion in cumulative inflows represent durable institutional conviction, or is it a headline number masking week-to-week fatigue?

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XRP Price Prediction: Hit $2 This Week?

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At $1.47, XRP has already cleared levels that recent coverage framed as resistance. Our reports from earlier in the month had the token oscillating between $0.98 and $1.01 after briefly losing the psychological $1 handle.

XRP is at a meaningful structural shift. The $1.20 resistance zone that bulls were watching has been taken out entirely, and the token is now trading well above the consolidation range that defined most of August.

Xrp (XRP)
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If ETF inflows continue their rebound, regulatory clarity headlines keep landing, and XRP grinds toward new multi-month highs with $1 acting as freshly minted support, XRP could catapult towards its $2 high. If price consolidates in the $1.40–$1.55 band, traders will digest the recent move and wait for the next flow update.

However, a sharp reversal of ETF sentiment or a broader risk-off macro shift, as the $40 trillion federal debt overhang isn’t going away, drags XRP back toward $1.20 support. Watching the next ETF flow print will likely settle which scenario plays out.

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LiquidChain Targets Early Mover Upside as XRP Tests Key Levels

Anyone who bought XRP price near $1 in early August is sitting on a solid move. But here’s the catch: at XRP’s current market cap, a repeat of that percentage gain requires billions more in fresh capital rotation.

Institutional flows help, but they move slowly. Traders chasing the next multiple often look further down the risk curve, toward assets still in price discovery.

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That’s the pitch behind LiquidChain ($LIQUID), a Layer 3 infrastructure project fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment.

The presale token sits at $0.01493, with closer to $950K raised so far. The pitch centers on a deploy-once architecture, so developers build once and access liquidity across all three ecosystems, rather than fragmenting deployments chain by chain.

Verifiable settlement and single-step execution round out the technical case.

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Research LiquidChain directly before committing capital.

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The post XRP Price Prediction: $1.5B ETF Inflows and Institutional Backing appeared first on Cryptonews.

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Backlash After Hakeem Jeffries Holds Private Meeting With Jared Kushner Ahead of Midterms

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Backlash After Hakeem Jeffries Holds Private Meeting With Jared Kushner Ahead of Midterms

Tommy Vietor, a former aide to President Barack Obama and now a co-host of the podcast Pod Save America, was far less diplomatic.

“Jared Kushner has no actual government job, he just uses his family connections to get money from Gulf autocrats and fund corrupt deals. The only way Jeffries should work with him is with demands for documents and subpoenas,” Vietor said.

House Speaker Mike Johnson said Sunday that he first learned of the meeting that same day, when reports began circulating in the media.

“I don’t know what that’s about,” Johnson said on Fox News. “I know Jared has interests and lots of other things going on. He’s not really directly involved in the admin, at least in the day-to-day in the White House.”

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Johnson, however, remained confident that Republicans could retain control of the House.

“I’m telling you what, you better not bet against the House Republicans,” he said.

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