Long before bitcoin existed, Ricardo Salinas Pliego was learning about hard money at the family dinner table. Born in Mexico City in 1955, Salinas is the founder and chairman of Grupo Salinas, a corporate conglomerate with interests in telecommunications, media, financial services, and retail. In 1987, he took over from his father as CEO of
UFC lightweight contender Arman Tsarukyan turned a $1 million wager on jack.com into a $5.7 million payout after Justin Gaethje stopped Ilia Topuria at UFC Freedom 250, the first MMA event ever held on the White House South Lawn. Jack, the crypto sportsbook formerly known as Jackbit, confirmed the payout the same day. The bet,
Artificial intelligence has become the dominant narrative in global markets over the past 18 months. What began as a major technological breakthrough has evolved into a once-in-a-generation capital-allocation story, with investment now running into the hundreds of billions across data centres, advanced semiconductors and the power infrastructure required to support them. That scale naturally raises
With just 13 days until the EU’s MiCA deadline, BitGo has introduced a compliance bridge that may allow many crypto firms, including Binance, to operate legally in Europe. Currently, only 194 authorized Crypto Asset Service Providers exist out of over 3,000 registered firms pre-MiCA, according to law firm Hogan Lovells. Binance applied for a pan-EU
“This action runs counter to the CFTC’s established framework for regulating prediction markets,” the spokesperson said in a statement emailed to CoinDesk. So far, the states that have filed such a challenge against the prediction markets have met with counter suits from the CFTC, where Chairman Mike Selig has taken an aggressive legal stance defending
The Federal Reserve held interest rates steady at its June meeting, but signaled a shift toward tighter policy under new Chair Kevin Warsh, marking a decisive turn away from expectations of near-term easing. The Federal Open Market Committee left the federal funds rate unchanged at a range of 3.50% to 3.75%, in line with market
CryptoQuant’s Ki Young Ju says narrative-only altcoins are finished. Only tokens with real revenue and business models can survive. CryptoQuant CEO Ki Young Ju is pushing back on the idea that altcoins are finished. In a post on X, Ju said narrative-only altcoins are the ones dying out. The era of profiting by simply issuing
BTC spot prices have recovered 13 percent off its low, but this reflects selling exhaustion, not demand. Our view below on the triggers that decide the next leg and what to expect for this week’s FOMC. Bitcoin has recovered roughly 13.5 percent from its 5 June cycle low of $59,200, tagging $67,259 on 15 June
The Saylor-led Strategy perpetual preferred stock STRC dropped 3.58% to $91.79 on Tuesday, hitting near-record lows and sitting 8.2% below its $100 par value, and the reason matters beyond one bad session. The decline signals a direct collision between Michael Saylor’s relentless Bitcoin treasury accumulation playbook and the cash obligations his company has made to
Moody’s Ratings is rolling out its credit ratings to Solana (SOL), allowing issuers of tokenized bonds and other fixed-income securities to embed the firm’s assessments directly into blockchain-based assets. The move, announced Wednesday in partnership with Solana-focused tokenization specialist Alphaledger, expands Moody’s Token Integration Engine (TIE) to a major public blockchain after its first deployment
