K Wave Abandons Bitcoin Treasury Plan, Shifts to AI Infrastructure Play with $485M War Chest
Bitcoin Magazine K Wave Abandons Bitcoin Treasury Plan, Shifts to AI Infrastructure Play with $485M War Chest K Wave Media is abandoning its high‑profile bitcoin treasury plan and recasting itself as an AI infrastructure company, backed by a potential war chest of up to $485 million and a cleaner balance sheet. The Nasdaq‑listed firm intends […]
Crypto.com’s high-rolling head of marketing to leave after almost six years
Steven Kalifowitz will be moving on from his role as CMO, effective June 30, and will then continue on as advisor to the CEO.
Ex-Ripple Exec Breaks Down The XRP To $10,000 Predictions, Is It Possible?
XRP has never lacked lofty price targets, but the latest comments around a possible move to $10,000 have led to a direct response from one of the most familiar voices in the Ripple ecosystem. David Schwartz, Ripple’s former chief technology officer and one of the original architects of the XRP Ledger, has pushed back against […]
Bitcoin ‘supercycle’ or bear-market rally? BTC breaking $81K has traders at odds
Bitcoin bottom calls grow as analysts target $180,000–$250,000 within a year, fueling debate over whether BTC has resumed its broader bull cycle.
Consensus Miami Day 1: Sights and sounds
Consensus Miami 2026 launched on Tuesday. Stay tuned for updates throughout the day.
Crypto products post 5th straight week of inflows despite mid-week selloff
Crypto ETPs shed $619 million over four days before a $737 million Friday session rescued the week, extending the inflow streak to $4.02 billion across five weeks.
Ethereum Price Analysis: ETH Shows Breakout Signs but Danger Still Looms
Ethereum’s price action has transitioned into a stabilization phase after a strong reaction to this key demand zone shifted short-term sentiment. However, despite this rebound, the broader structure still reflects a market attempting to regain momentum while facing notable resistance overhead. Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH is clearly consolidating […]
Bitcoin decouples from S&P 500 as oil, yields, and dollar pressure stocks
Bitcoin’s hold above $80,000 is turning into a live test of whether BTC can trade on its own macro signal while U.S. stocks weaken. After months of Bitcoin following the US stock market open in terms of direction, volatility, and stress, it appears to be decoupling from the AI-fed S&P 500. Bitcoin breakout amid S&P […]
CoinDesk 20 performance update: index jumps 1.3% as all constituents trade higher
Internet Computer (ICP) rose 5.2% and Chainlink (LINK) gained 4% since Monday.
Pi Network News and PI Price Update: May 5
It was an eventful week or so for Pi Network and its native token, perhaps led by the completion of the latest protocol version migration and the announcement of the upcoming one. At the same time, PI went on another volatile rollercoaster but has mostly failed to capitalize on the broader market’s rally in the […]
State Street and Galaxy launch tokenized fund to bring cash management onchain
The fund lets institutions earn yield on stablecoins while moving cash onchain with round-the-clock access.
K Wave Media scraps massive bitcoin treasury plan to redirect $485 million to AI
The Nasdaq-listed firm raised $500 million to invest in bitcoin. Less than a year later, it is chasing the market’s current hot sector of AI.