Bybit's MNT DCA Campaign: Up to 55,000 USDT in Rewards!
Bybit, a leading crypto exchange, launches its MNT Recurring Buy campaign. Automate Mantle (MNT) allocation via Dollar-Cost Averaging (DCA) and share a prize pool of up to 55,000 USDT.
Until March 23, 2026, new and existing DCA users can participate. Registration is required. The top 100 new DCA users by MNT investment volume can earn up to 10% cashback (max 50 USDT). All eligible registered users creating MNT DCA Bots and holding over $200 worth of MNT via DCA will share in the 50,000 USDT prize pool, distributed proportionally.
Mantle's ecosystem shows robust growth, with significant DeFi TVL increase and institutional adoption, fueled by its $4.2B treasury. MNT is a core asset within Bybit, creating a "CeDeFi liquidity flywheel." Terms apply.
Bybit, a leading crypto exchange, launches its MNT Recurring Buy campaign. Automate Mantle (MNT) allocation via Dollar-Cost Averaging (DCA) and share a prize pool of up to 55,000 USDT.
Until March 23, 2026, new and existing DCA users can participate. Registration is required. The top 100 new DCA users by MNT investment volume can earn up to 10% cashback (max 50 USDT). All eligible registered users creating MNT DCA Bots and holding over $200 worth of MNT via DCA will share in the 50,000 USDT prize pool, distributed proportionally.
Mantle's ecosystem shows robust growth, with significant DeFi TVL increase and institutional adoption, fueled by its $4.2B treasury. MNT is a core asset within Bybit, creating a "CeDeFi liquidity flywheel." Terms apply.
Altman: Dictator and Deceiver at OpenAI, Investigation Reveals
An extensive 1.5-year investigation by New Yorker journalists uncovers Sam Altman's alleged leadership at OpenAI, painting a picture of self-serving processes, abandoned foundational missions, and deceit towards the board.
The probe, involving 200 pages of internal documents and over 100 interviews, aimed to understand Altman's November 2023 ousting. Findings suggest Altman frequently lied as CEO. Board members reportedly concluded he lacked the "extraordinary honesty" vital for leading an AI company, given the technology's potential dangers.
Specific instances cited include Altman falsely assuring the board about safety approvals for AI models. Former chief scientist Ilya Sutskever reportedly compiled memos detailing Altman's "consistent tendency to lie." Another former exec called his statements "bullshit."
An extensive 1.5-year investigation by New Yorker journalists uncovers Sam Altman's alleged leadership at OpenAI, painting a picture of self-serving processes, abandoned foundational missions, and deceit towards the board.
The probe, involving 200 pages of internal documents and over 100 interviews, aimed to understand Altman's November 2023 ousting. Findings suggest Altman frequently lied as CEO. Board members reportedly concluded he lacked the "extraordinary honesty" vital for leading an AI company, given the technology's potential dangers.
Specific instances cited include Altman falsely assuring the board about safety approvals for AI models. Former chief scientist Ilya Sutskever reportedly compiled memos detailing Altman's "consistent tendency to lie." Another former exec called his statements "bullshit."
Former Mt. Gox CEO Proposes Hardfork for $5.2B BTC Recovery
Mark Karpelès, former CEO of defunct Mt. Gox, has proposed a Bitcoin hard fork to retrieve nearly 80,000 BTC (worth $5.2B) from the exchange's 2014 hack. This plan would allow moving these 15-year-dormant coins without their original private key, aiming to repay creditors.
This proposal has ignited strong opposition. Critics fear it would undermine Bitcoin's immutability, setting a precedent for altering consensus rules for recovery. Karpelès counters it's a unique case due to broad agreement on the funds' stolen nature, citing a trustee deadlock. Some creditors back the plan, hoping to recover losses from the historic collapse.
Mark Karpelès, former CEO of defunct Mt. Gox, has proposed a Bitcoin hard fork to retrieve nearly 80,000 BTC (worth $5.2B) from the exchange's 2014 hack. This plan would allow moving these 15-year-dormant coins without their original private key, aiming to repay creditors.
This proposal has ignited strong opposition. Critics fear it would undermine Bitcoin's immutability, setting a precedent for altering consensus rules for recovery. Karpelès counters it's a unique case due to broad agreement on the funds' stolen nature, citing a trustee deadlock. Some creditors back the plan, hoping to recover losses from the historic collapse.
Global Leftists Rally in Spain to Counter Far-Right Surge
Thousands of left-wing leaders and activists from over 40 countries convened in Barcelona, strategizing to halt the global rise of authoritarianism and win back voters. Spearheaded by Spain's PM Pedro Sanchez, the summit aimed to revitalize progressive movements.
Discussions focused on reforming global institutions, taxing billionaires, and crucially, addressing "kitchen table issues" like the cost of living, which have fueled right-wing populism. Leaders like Brazil's Lula da Silva called for new left-leaning alliances and reformed multilateralism.
Despite the far-right's global gains, some attendees expressed hope, citing recent electoral shifts and Trump's declining polls. Experts urged the left to offer credible alternatives and reconnect with ordinary citizens to effectively counter shared right-wing tactics.
Thousands of left-wing leaders and activists from over 40 countries convened in Barcelona, strategizing to halt the global rise of authoritarianism and win back voters. Spearheaded by Spain's PM Pedro Sanchez, the summit aimed to revitalize progressive movements.
Discussions focused on reforming global institutions, taxing billionaires, and crucially, addressing "kitchen table issues" like the cost of living, which have fueled right-wing populism. Leaders like Brazil's Lula da Silva called for new left-leaning alliances and reformed multilateralism.
Despite the far-right's global gains, some attendees expressed hope, citing recent electoral shifts and Trump's declining polls. Experts urged the left to offer credible alternatives and reconnect with ordinary citizens to effectively counter shared right-wing tactics.
Arbitrum Freezes Stolen ETH, Sparks Decentralization Debate
Arbitrum's Security Council has taken "emergency measures," freezing 30,766 ETH (~$71.2M) linked to the KelpDAO exploit. The funds, stolen from Kelp, were moved to an "intermediate frozen wallet" with input from law enforcement. Legitimate owners are expected to receive their assets after reconciliation.
This action has ignited a fierce debate within the crypto community regarding decentralization. Critics argue that a council's ability to freeze funds contradicts the core tenets of decentralized finance. One user, Sandy.ETH, questioned, "so a council can just freeze 30k eth and we’re still calling this decentralized?"
Arbitrum Security Council member Griff Green acknowledged the difficulty of the decision, stating it involved "countless hours" of technical, ethical, and political debate, with 9 of 12 members voting for the freeze.
Arbitrum's Security Council has taken "emergency measures," freezing 30,766 ETH (~$71.2M) linked to the KelpDAO exploit. The funds, stolen from Kelp, were moved to an "intermediate frozen wallet" with input from law enforcement. Legitimate owners are expected to receive their assets after reconciliation.
This action has ignited a fierce debate within the crypto community regarding decentralization. Critics argue that a council's ability to freeze funds contradicts the core tenets of decentralized finance. One user, Sandy.ETH, questioned, "so a council can just freeze 30k eth and we’re still calling this decentralized?"
Arbitrum Security Council member Griff Green acknowledged the difficulty of the decision, stating it involved "countless hours" of technical, ethical, and political debate, with 9 of 12 members voting for the freeze.
Ripple Accelerates MEA Expansion with Key Partnerships
Ripple announces a major strategic expansion across the Middle East and Africa (MEA), securing institutional partnerships in Saudi Arabia, Bahrain, South Africa, and Ghana. This move positions XRP as a key settlement layer for cross-border payments in a rapidly growing financial corridor.
Its Dubai DIFC office and a DFSA payments license anchor Ripple's regional presence, enabling regulated XRP utility. The March 2025 DFSA license offers institutional clients a compliant path to On-Demand Liquidity, bypassing traditional banking.
Partnerships include Saudi Arabia's Jeel for Vision 2030 initiatives, Bahrain Fintech Bay for stablecoins and payments, and Absa Bank in South Africa for tokenized asset settlement. This strategy underscores Ripple's focus on clear regulatory environments, reducing reliance on the US. MEA already accounts for 20% of Ripple's global customer base.
Ripple announces a major strategic expansion across the Middle East and Africa (MEA), securing institutional partnerships in Saudi Arabia, Bahrain, South Africa, and Ghana. This move positions XRP as a key settlement layer for cross-border payments in a rapidly growing financial corridor.
Its Dubai DIFC office and a DFSA payments license anchor Ripple's regional presence, enabling regulated XRP utility. The March 2025 DFSA license offers institutional clients a compliant path to On-Demand Liquidity, bypassing traditional banking.
Partnerships include Saudi Arabia's Jeel for Vision 2030 initiatives, Bahrain Fintech Bay for stablecoins and payments, and Absa Bank in South Africa for tokenized asset settlement. This strategy underscores Ripple's focus on clear regulatory environments, reducing reliance on the US. MEA already accounts for 20% of Ripple's global customer base.
US Oil Futures Fall on Middle East Ceasefire Hopes
US crude futures dropped roughly 4% early Wednesday as prospects of a Middle East ceasefire surfaced, potentially easing global oil supply concerns. Reports indicate Washington has proposed a 15-point plan to Tehran to end the conflict.
West Texas Intermediate (WTI) crude fell to $87.80, settling at $88.86 a barrel, down 3.8% after a 4.8% surge on Tuesday. President Trump confirmed progress in negotiations and a concession from Tehran.
Israel's Channel 12 reported a one-month ceasefire is part of the plan, crafted by US envoys. However, Tehran denies direct talks, with Iran's parliament speaker labeling such reports "fake news."
US crude futures dropped roughly 4% early Wednesday as prospects of a Middle East ceasefire surfaced, potentially easing global oil supply concerns. Reports indicate Washington has proposed a 15-point plan to Tehran to end the conflict.
West Texas Intermediate (WTI) crude fell to $87.80, settling at $88.86 a barrel, down 3.8% after a 4.8% surge on Tuesday. President Trump confirmed progress in negotiations and a concession from Tehran.
Israel's Channel 12 reported a one-month ceasefire is part of the plan, crafted by US envoys. However, Tehran denies direct talks, with Iran's parliament speaker labeling such reports "fake news."
Google's Quantum Threat & Gulf War: Crypto Market at Risk?
Russia imposed a 5-year crypto mining ban in Buryatia & Zabaikalsky due to energy deficit. A new criminal law from July 1st threatens severe fines and jail for illegal mining. With only 3% of miners legalized, the recent crypto bill is viewed as punitive.
Google warns quantum computers could hack Bitcoin & Ethereum with <500k qubits, 20x fewer than predicted. BTC keys might be cracked in ~10 mins. Experts estimate a 10% chance of such a computer by 2032, urging algorithm updates. Ethereum is even more vulnerable. __BTC holders are advised not to move funds from old wallets__ to prevent public key exposure.
Russia imposed a 5-year crypto mining ban in Buryatia & Zabaikalsky due to energy deficit. A new criminal law from July 1st threatens severe fines and jail for illegal mining. With only 3% of miners legalized, the recent crypto bill is viewed as punitive.
Google warns quantum computers could hack Bitcoin & Ethereum with <500k qubits, 20x fewer than predicted. BTC keys might be cracked in ~10 mins. Experts estimate a 10% chance of such a computer by 2032, urging algorithm updates. Ethereum is even more vulnerable. __BTC holders are advised not to move funds from old wallets__ to prevent public key exposure.
Bitcoin Price Prediction: "Crypto Czar" David Sacks Steps Down Amid Market Jitters
David Sacks, a prominent White House ally for crypto, has exited his "czar" role, a status capped at 130 days. He transitions to co-chair the President’s Council of Advisors on Science and Technology (PCAST), where he will continue shaping crypto and AI policy without time constraints.
This leadership shift coincides with a struggling market. Bitcoin (BTC) is down 1.8% to $68,700, mirroring wider market uncertainty. The Fear & Greed Index has plummeted to 13, indicating __"Extreme Fear."__
BTC’s chart shows bearish consolidation. Key support levels are $68,000, $67,700, and $66,500, with resistance at $70,400. Analysts outline three paths: a bullish push past $70k if $68,400 holds, a base consolidation between $66,400-$70,400, or a bearish drop below $60k if $66,400 fails. The market remains on edge.
David Sacks, a prominent White House ally for crypto, has exited his "czar" role, a status capped at 130 days. He transitions to co-chair the President’s Council of Advisors on Science and Technology (PCAST), where he will continue shaping crypto and AI policy without time constraints.
This leadership shift coincides with a struggling market. Bitcoin (BTC) is down 1.8% to $68,700, mirroring wider market uncertainty. The Fear & Greed Index has plummeted to 13, indicating __"Extreme Fear."__
BTC’s chart shows bearish consolidation. Key support levels are $68,000, $67,700, and $66,500, with resistance at $70,400. Analysts outline three paths: a bullish push past $70k if $68,400 holds, a base consolidation between $66,400-$70,400, or a bearish drop below $60k if $66,400 fails. The market remains on edge.
ECB Policymaker Kazaks: April Rate Hike Still Possible, No Major Second-Round Inflation Yet
ECB policymaker Martins Kazaks stated an interest rate hike on April 30 cannot be ruled out, despite markets largely expecting a later move. He noted the bank hasn't seen significant "second-round" inflation impacts from the energy price surge so far, a key condition for rate increases.
Kazaks emphasized that "every meeting is a live meeting" but downplayed the urgency of an April hike, suggesting the timeframe between meetings offers flexibility. While a 25 basis point move would primarily be a signal, volatile energy prices and an uncertain outlook demand vigilance.
He warned that firms and unions might respond quicker to inflation by raising prices and demanding higher wages, potentially igniting a swift price-wage spiral. Markets currently anticipate a July hike and a second by December.
ECB policymaker Martins Kazaks stated an interest rate hike on April 30 cannot be ruled out, despite markets largely expecting a later move. He noted the bank hasn't seen significant "second-round" inflation impacts from the energy price surge so far, a key condition for rate increases.
Kazaks emphasized that "every meeting is a live meeting" but downplayed the urgency of an April hike, suggesting the timeframe between meetings offers flexibility. While a 25 basis point move would primarily be a signal, volatile energy prices and an uncertain outlook demand vigilance.
He warned that firms and unions might respond quicker to inflation by raising prices and demanding higher wages, potentially igniting a swift price-wage spiral. Markets currently anticipate a July hike and a second by December.
FT Reveals KPMG as Tether's Big Four Auditor
The Financial Times reports that Tether has appointed KPMG to conduct its financial audit. Additionally, PwC, another "Big Four" firm, will reportedly prepare the stablecoin issuer's internal systems for independent verification.
Tether previously announced engaging a "Big Four" auditor, without naming them, to underscore USDT's full backing, high liquidity, and robust risk management. The company highlighted its commitment to transparency, contrasting with what it calls "minimal transparency" from other stablecoin issuers. This move aims to set a new industry standard.
FT suggests this full audit is vital for Tether's planned US expansion and fundraising, as the firm previously faced investor hesitation due to past regulatory challenges. Tether has actively worked to strengthen reserves, enhance transparency, and collaborate with law enforcement, aiming to build greater trust.
The Financial Times reports that Tether has appointed KPMG to conduct its financial audit. Additionally, PwC, another "Big Four" firm, will reportedly prepare the stablecoin issuer's internal systems for independent verification.
Tether previously announced engaging a "Big Four" auditor, without naming them, to underscore USDT's full backing, high liquidity, and robust risk management. The company highlighted its commitment to transparency, contrasting with what it calls "minimal transparency" from other stablecoin issuers. This move aims to set a new industry standard.
FT suggests this full audit is vital for Tether's planned US expansion and fundraising, as the firm previously faced investor hesitation due to past regulatory challenges. Tether has actively worked to strengthen reserves, enhance transparency, and collaborate with law enforcement, aiming to build greater trust.
Kraken Switches to Chainlink CCIP, Boosting LINK Holders
Kraken officially replaced LayerZero with Chainlink CCIP as its exclusive cross-chain infrastructure for wrapped assets like kBTC, spanning Ethereum, Optimism, and other chains. This strategic shift, driven by CCIP's robust security architecture, independent node operators, and certifications, follows a significant $292 million LayerZero exploit.
This isn't an isolated event. Kelp, Solv, and Re-protocols (collectively over $2.5B TVL), along with Coinbase ($7B in wrapped assets by 2025), are also migrating to CCIP. Chainlink's decentralized oracle network and Risk Management Network provide a fundamentally superior trust architecture, vital for safeguarding wrapped asset collateral from bridge failures.
Kraken officially replaced LayerZero with Chainlink CCIP as its exclusive cross-chain infrastructure for wrapped assets like kBTC, spanning Ethereum, Optimism, and other chains. This strategic shift, driven by CCIP's robust security architecture, independent node operators, and certifications, follows a significant $292 million LayerZero exploit.
This isn't an isolated event. Kelp, Solv, and Re-protocols (collectively over $2.5B TVL), along with Coinbase ($7B in wrapped assets by 2025), are also migrating to CCIP. Chainlink's decentralized oracle network and Risk Management Network provide a fundamentally superior trust architecture, vital for safeguarding wrapped asset collateral from bridge failures.
Ziff Davis Stock Soars 60% on $1.2 Billion Asset Sale
Ziff Davis (ZD) stock soared 60% after the company announced a definitive agreement to sell its Connectivity division to Accenture for $1.2 billion in cash.
The Connectivity unit includes globally recognized brands such as Ookla, Speedtest, Ekahau, Downdetector, and RootMetrics, providing network intelligence solutions. This division generated $231 million in 2025, representing approximately 16% of ZD's total revenues.
The transaction is expected to close in the coming months, pending regulatory approvals. Proceeds will be used for general corporate purposes and capital allocation activities.
Ziff Davis (ZD) stock soared 60% after the company announced a definitive agreement to sell its Connectivity division to Accenture for $1.2 billion in cash.
The Connectivity unit includes globally recognized brands such as Ookla, Speedtest, Ekahau, Downdetector, and RootMetrics, providing network intelligence solutions. This division generated $231 million in 2025, representing approximately 16% of ZD's total revenues.
The transaction is expected to close in the coming months, pending regulatory approvals. Proceeds will be used for general corporate purposes and capital allocation activities.
Bitcoin Nears $72,000 Ahead of Major Options Expiry
Bitcoin surged to $72,000, driven by a looming $14.16 billion options expiry on Deribit and reports of potential Middle East de-escalation. Traditional markets reacted: oil prices dipped, while gold continued its ascent to $4561.
Analysts now view Bitcoin as a "real-time global risk assessment tool," with CryptoQuant noting BTC remains headline-driven. Despite a "max pain" level of $75,000 for expiring options, a "controlled expiry" is anticipated; traders show caution, selling calls at higher levels, creating resistance.
A historical bullish signal has re-emerged as whales shifted from unrealized losses to profit, historically preceding rallies. Meanwhile, Ethereum trades narrowly around $2150, near its $2300 average realized price, which acts as resistance. An analyst advises patience, eyeing potential at $5300 or a drop to $1150. ETH is up 1.1% at $2181.
Bitcoin surged to $72,000, driven by a looming $14.16 billion options expiry on Deribit and reports of potential Middle East de-escalation. Traditional markets reacted: oil prices dipped, while gold continued its ascent to $4561.
Analysts now view Bitcoin as a "real-time global risk assessment tool," with CryptoQuant noting BTC remains headline-driven. Despite a "max pain" level of $75,000 for expiring options, a "controlled expiry" is anticipated; traders show caution, selling calls at higher levels, creating resistance.
A historical bullish signal has re-emerged as whales shifted from unrealized losses to profit, historically preceding rallies. Meanwhile, Ethereum trades narrowly around $2150, near its $2300 average realized price, which acts as resistance. An analyst advises patience, eyeing potential at $5300 or a drop to $1150. ETH is up 1.1% at $2181.
Bitcoin Surges Past $78K Amid Corporate BTC Accumulation Battle
Bitcoin has breached $78,000 as a corporate "arms race" for BTC supremacy intensifies. Strategy now leads BlackRock as the world’s largest Bitcoin holder, amassing 815,061 BTC. Their recent aggressive purchase of 34,164 BTC at an average of $74,395 fueled a $2.8B unrealized profit. BlackRock's IBIT trails with 802,523 BTC.
Polymarket odds for BTC hitting $80,000 this month jumped to 50.5%. While some suggest "sell the news," Strategy's average buy price creates a de facto support floor. Clearing $79,000 could see BTC "rocketing" to $80,000, but a drop below $75,000 risks invalidating the bullish structure and triggering ETF outflows. Institutional buildout signals sustained long-term demand.
Bitcoin has breached $78,000 as a corporate "arms race" for BTC supremacy intensifies. Strategy now leads BlackRock as the world’s largest Bitcoin holder, amassing 815,061 BTC. Their recent aggressive purchase of 34,164 BTC at an average of $74,395 fueled a $2.8B unrealized profit. BlackRock's IBIT trails with 802,523 BTC.
Polymarket odds for BTC hitting $80,000 this month jumped to 50.5%. While some suggest "sell the news," Strategy's average buy price creates a de facto support floor. Clearing $79,000 could see BTC "rocketing" to $80,000, but a drop below $75,000 risks invalidating the bullish structure and triggering ETF outflows. Institutional buildout signals sustained long-term demand.
Pound Slips Despite Strong UK Growth
Sterling and the euro edged lower Thursday, giving back earlier gains as the dollar found renewed support. GBP/USD fell 0.2% to 1.3539, while EUR/USD slipped 0.2% to 1.1779.
The UK economy expanded by a stronger-than-expected 0.5% in February, with broad-based growth across sectors. However, the pound failed to gain sustained support as investors focused on the broader macro outlook and a reassessment of risk sentiment.
Analysts caution that recent dollar weakness was largely driven by risk rotation, not a fundamental shift. US interest rates remain stable, and the Federal Reserve appears comfortable with its current policy, suggesting premature easing expectations.
Sterling and the euro edged lower Thursday, giving back earlier gains as the dollar found renewed support. GBP/USD fell 0.2% to 1.3539, while EUR/USD slipped 0.2% to 1.1779.
The UK economy expanded by a stronger-than-expected 0.5% in February, with broad-based growth across sectors. However, the pound failed to gain sustained support as investors focused on the broader macro outlook and a reassessment of risk sentiment.
Analysts caution that recent dollar weakness was largely driven by risk rotation, not a fundamental shift. US interest rates remain stable, and the Federal Reserve appears comfortable with its current policy, suggesting premature easing expectations.
Crypto Funds Attract $1.4 Billion in Weekly Inflows
Crypto investment products gathered $1.4 billion between April 13-17, marking the best week since January and the third consecutive week of growth. Total assets under management (AUM) reached $155 billion.
Bitcoin was the main driver, with its price hitting $78,000. Investor sentiment improved amid international discussions, largely overlooking the 3.3% US March inflation data and focusing on the 2.6% core index. Bitcoin funds alone saw $1.116 billion in inflows, contributing to $3.1 billion year-to-date. The breakthrough above $76,000 was a key technical signal.
Ethereum also showed strong performance, registering $328 million, its best result this year. Conversely, some altcoins experienced outflows: Solana lost $2.3 million and XRP saw $56 million withdrawn.
Crypto investment products gathered $1.4 billion between April 13-17, marking the best week since January and the third consecutive week of growth. Total assets under management (AUM) reached $155 billion.
Bitcoin was the main driver, with its price hitting $78,000. Investor sentiment improved amid international discussions, largely overlooking the 3.3% US March inflation data and focusing on the 2.6% core index. Bitcoin funds alone saw $1.116 billion in inflows, contributing to $3.1 billion year-to-date. The breakthrough above $76,000 was a key technical signal.
Ethereum also showed strong performance, registering $328 million, its best result this year. Conversely, some altcoins experienced outflows: Solana lost $2.3 million and XRP saw $56 million withdrawn.
Singapore Aims to Dominate Asia-Pacific Gold Market
Singapore is aggressively moving to establish itself as the leading gold trading hub in the Asia-Pacific, a strategic push poised to significantly boost bullion prices. The Monetary Authority of Singapore (MAS) unveiled plans on March 27, 2026, for a comprehensive gold ecosystem.
This initiative will encompass physical vaulting, capital market products, OTC clearing, and central bank storage, creating a new cornerstone for Singapore's wealth management. A powerful working group, featuring institutions like DBS and JPMorgan, is already driving this vision.
The recent launch of the LionGlobal Singapore Physical Gold ETF further solidifies this momentum. Experts see this robust institutional framework, alongside persistent central bank accumulation and dollar uncertainty, as a strong bullish signal for gold, potentially pushing prices past previous highs. Singapore's focus on sovereign entities aims to anchor long-term institutional demand.
Singapore is aggressively moving to establish itself as the leading gold trading hub in the Asia-Pacific, a strategic push poised to significantly boost bullion prices. The Monetary Authority of Singapore (MAS) unveiled plans on March 27, 2026, for a comprehensive gold ecosystem.
This initiative will encompass physical vaulting, capital market products, OTC clearing, and central bank storage, creating a new cornerstone for Singapore's wealth management. A powerful working group, featuring institutions like DBS and JPMorgan, is already driving this vision.
The recent launch of the LionGlobal Singapore Physical Gold ETF further solidifies this momentum. Experts see this robust institutional framework, alongside persistent central bank accumulation and dollar uncertainty, as a strong bullish signal for gold, potentially pushing prices past previous highs. Singapore's focus on sovereign entities aims to anchor long-term institutional demand.
EchoStar Earnings: Spectrum Sales & Boost Mobile Under Scrutiny
EchoStar reports Q4/FY25 results Tuesday. Analysts anticipate another quarterly loss, though a significant sequential improvement from Q3's massive loss is expected, despite a projected 5.5% revenue decline to $3.75 billion.
The stock has surged, partly due to major spectrum sales: $17B to SpaceX and $23B to AT&T, fundamentally reshaping EchoStar's balance sheet. Shares trade at $115.53; analysts largely rate it a "buy," targeting $124.29.
Investors will scrutinize three areas: __Boost Mobile's__ subscriber growth amid promotions, the AT&T deal timeline & capital allocation, and satellite services' stability against rivals like Starlink. The report tests if EchoStar's pivot from spectrum owner to diversified satellite/wireless operator is delivering on its transformation narrative, which has driven a 275% share increase.
EchoStar reports Q4/FY25 results Tuesday. Analysts anticipate another quarterly loss, though a significant sequential improvement from Q3's massive loss is expected, despite a projected 5.5% revenue decline to $3.75 billion.
The stock has surged, partly due to major spectrum sales: $17B to SpaceX and $23B to AT&T, fundamentally reshaping EchoStar's balance sheet. Shares trade at $115.53; analysts largely rate it a "buy," targeting $124.29.
Investors will scrutinize three areas: __Boost Mobile's__ subscriber growth amid promotions, the AT&T deal timeline & capital allocation, and satellite services' stability against rivals like Starlink. The report tests if EchoStar's pivot from spectrum owner to diversified satellite/wireless operator is delivering on its transformation narrative, which has driven a 275% share increase.
eCash Hardfork Author Responds to Bitcoin Community Criticism
Bitcoin developer Paul Sztorc has offered further explanations regarding the eCash hardfork, refuting accusations of "stealing" Satoshi Nakamoto's coins. He clarified: "We do not take any of Satoshi's BTC. We gift Satoshi 600,000 eCash, instead of gifting 1.1M, which is 600k more than he received from projects like Litecoin, Ethereum, or Solana. Our coins are not named 'BTC', they are eCash."
Sztorc's plan involves restarting the first cryptocurrency with its core architecture, where current BTC holders receive equivalent eCash. However, for Satoshi's estimated 1.1M BTC, Sztorc proposes allocating 600,000 eCash to him, while the remaining 500,000 would fund ecosystem development. This, he states, prevents a "zombie project" scenario without real support.
Bitcoin developer Paul Sztorc has offered further explanations regarding the eCash hardfork, refuting accusations of "stealing" Satoshi Nakamoto's coins. He clarified: "We do not take any of Satoshi's BTC. We gift Satoshi 600,000 eCash, instead of gifting 1.1M, which is 600k more than he received from projects like Litecoin, Ethereum, or Solana. Our coins are not named 'BTC', they are eCash."
Sztorc's plan involves restarting the first cryptocurrency with its core architecture, where current BTC holders receive equivalent eCash. However, for Satoshi's estimated 1.1M BTC, Sztorc proposes allocating 600,000 eCash to him, while the remaining 500,000 would fund ecosystem development. This, he states, prevents a "zombie project" scenario without real support.