🚨CLARITY ACT NOW FIGHTING FOR FLOOR TIME
The Clarity Act is now competing with reconciliation, FISA, and the housing bill for Senate floor time, per Eleanor Terrett.
With August recess approaching, the passing of the crypto market structure bill is now in a calendar fight.
@BlockentReport
The Clarity Act is now competing with reconciliation, FISA, and the housing bill for Senate floor time, per Eleanor Terrett.
With August recess approaching, the passing of the crypto market structure bill is now in a calendar fight.
@BlockentReport
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🔥LATEST: Mark Cuban says he sold most of his $BTC after it failed to act as the fiat inflation hedge he expected.
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🚨BOFA SAYS "BUY THE DIP" ON NVIDIA
Bank of America reiterated its Buy rating on $NVDA and raised its price target to $350 after the chip giant posted record Q1 revenue of $81.6 BILLION.
BofA sees the AI market surpassing $3 TRILLION by 2030, with Nvidia also positioned for a $200 BILLION CPU opportunity and $145B in customer commitments.
The stock now makes up 8.3% of the S&P 500.
@BlockentReport
Bank of America reiterated its Buy rating on $NVDA and raised its price target to $350 after the chip giant posted record Q1 revenue of $81.6 BILLION.
BofA sees the AI market surpassing $3 TRILLION by 2030, with Nvidia also positioned for a $200 BILLION CPU opportunity and $145B in customer commitments.
The stock now makes up 8.3% of the S&P 500.
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🔥CHINESE AI IS PRESSURING OPENAI AND ANTHROPIC IPO
As enterprises scale AI across entire workforces, the question is shifting from “best model” to “best value.”
That could pressure premium-priced U.S. AI labs heading toward IPO.
@BlockentReport
As enterprises scale AI across entire workforces, the question is shifting from “best model” to “best value.”
That could pressure premium-priced U.S. AI labs heading toward IPO.
@BlockentReport
🚨RIPPLE PRIME PLUGS INTO 7 TRILLION AUM EDX MARKETS
Ripple has integrated with 7T EDX Markets, giving institutions a single gateway to spot and futures crypto liquidity.
EDX Markets is backed by Wall Street giants like Citadel, Fidelity, Charles Schwab, and Goldman Sachs.
$XRP
is moving deeper into Wall Street’s crypto rails.
@BlockentReport
Ripple has integrated with 7T EDX Markets, giving institutions a single gateway to spot and futures crypto liquidity.
EDX Markets is backed by Wall Street giants like Citadel, Fidelity, Charles Schwab, and Goldman Sachs.
$XRP
is moving deeper into Wall Street’s crypto rails.
@BlockentReport
📊INSIGHT: Brian Armstrong’s security costs 28x more than Michael Saylor’s.
That’s despite Coinbase being worth around $70 BILLION, while Strategy’s $BTC stack alone is worth $80 BILLION.
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That’s despite Coinbase being worth around $70 BILLION, while Strategy’s $BTC stack alone is worth $80 BILLION.
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🔥 LATEST: Coinbase is launching perpetual-style equity index futures in the U.S. on June 8, allowing traders to go long or short on sectors like AI, Defense, China, and Tech.
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🚨 HYPE ETF DEMAND IS EXPLODING, ATTRACTING $70M SINCE LAUNCH
Spot Hyperliquid ETFs have pulled in $69.6 MILLION since launch, including a massive $25M yesterday and another $16.1M today alone.
$HYPE has surged nearly 50% since the spot ETFs launched on May 12.
@BlockentReport
Spot Hyperliquid ETFs have pulled in $69.6 MILLION since launch, including a massive $25M yesterday and another $16.1M today alone.
$HYPE has surged nearly 50% since the spot ETFs launched on May 12.
@BlockentReport
🇺🇸 TODAY: SEC Commissioner Hester Peirce expects the agency's innovation exemption for tokenized stocks to apply narrowly to onchain equity products only.
Synthetic tokens that mimic stocks without full shareholder rights are not expected to qualify.
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Synthetic tokens that mimic stocks without full shareholder rights are not expected to qualify.
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🚨 NEW: Billionaire Mark Cuban says he sold most of his Bitcoins.
"Bitcoin has lost the plot… I always thought it was a better version of gold than gold.”
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"Bitcoin has lost the plot… I always thought it was a better version of gold than gold.”
@BlockentReport
🚨 HUGE: Take-Two CEO Strauss Zelnick has officially confirmed a November 19 release date for Grand Theft Auto VI, setting the stage for what could become the BIGGEST video game launch in history.
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