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Thursday2025/1204
12-03

U.S. Senator Cynthia Lummis Proposes Government Purchase of 1 Million BTC

According to AiCoin, U.S. Senator Cynthia Lummis recently submitted a legislative proposal suggesting the U.S. government purchase 1 million bitcoins.

AI ERP Startup DualEntry Raises $90M in A Round at $415M Valuation

Derived from 528btc, AI enterprise resource planning (ERP) startup DualEntry has raised a $90 million A-round led by Lightspeed and Khosla Ventures, achieving a $415 million valuation. The funding reflects a 'kingmaker' strategy among top venture capital firms, who are investing heavily in early-sta...

NVIDIA CEO Jensen Huang Compares AI Race to Manhattan Project, Says No Clear Winner

Based on 528btc, NVIDIA CEO Jensen Huang told Joe Rogan that the AI race is real but will not have a clear winner. Huang emphasized that the competition is defined by continuous, wave-like progress rather than a single breakthrough, comparing it to historical tech races like the Manhattan Project. H...

Anthony Scaramucci Praises Solana's Potential, Compares It to Early Internet Adoption

As per BitcoinSistemi, Anthony Scaramucci, founder of SkyBridge Capital, discussed Solana's role in the blockchain ecosystem during an appearance on Squawk Box. He described Solana as a fast, low-cost, and developer-friendly Layer-1 blockchain and compared its adoption to the early internet. Scaramu...

Cardano (ADA) Rises 13%, GeeFi (GEE) Raises $120,000 in 24 Hours

As per 528btc, Cardano (ADA) has seen a 13% increase in value, while GeeFi (GEE) continues to attract investor attention by raising $120,000 in 24 hours during its ongoing presale. GeeFi's first phase raised $500,000 in under two weeks, selling 10 million tokens. The second phase has already sold 30...

Anthony Scaramucci Predicts Solana to Become Tokenization Standard

Derived from 528btc, SkyBridge founder Anthony Scaramucci stated that Solana is poised to become the industry standard for tokenized assets, citing its unique technical features and architecture. He compared the current blockchain competition to the early cloud service providers and predicted three ...

Nvidia CEO Jensen Huang Discusses AI Race on Joe Rogan Show

Citing Coindesk, Nvidia CEO Jensen Huang appeared on The Joe Rogan Experience, stating that the AI race is real but will not have a clear winner. Huang compared the current AI development to historical technological races, emphasizing that progress will be continuous rather than defined by a single ...

Charles Schwab CEO Announces Bitcoin Service Plan for 2026

Based on AiCoin, the CEO of U.S. financial services firm Charles Schwab stated that the company plans to offer Bitcoin services starting in the first half of 2026.

Scaramucci Hails Solana as a Major Winner in Tokenization Race

According to Crypto.News, SkyBridge founder Anthony Scaramucci praised Solana (SOL) as a leading contender in the tokenization space during a recent CNBC appearance. He compared the blockchain's potential to the early days of cloud computing, where multiple big winners emerged. Scaramucci noted that...

Crypto Market Faces Record Liquidations Amid Excessive Leverage Use

Based on Cointribune, the crypto market is experiencing a record wave of liquidations driven by excessive leverage in derivatives. On October 10, 2025, over $640 million in long positions were liquidated in a single hour, causing Bitcoin to drop from $121,000 to $102,000. Glassnode and Fasanara repo...

Ark Invest 2025 Strategy Boosts Ethereum and Crypto Stocks

As reported by 528btc, Ark Invest has shifted its 2025 investment strategy to focus on Ethereum-related assets and crypto stocks. The firm has committed 100% of BitMine's net revenue to Ethereum purchases and added $20 million in crypto-related equities, including Block, Circle, and Coinbase. These ...

Schwab CEO Open to Crypto Acquisitions if Valuation is Right

In accordance with 528btc, Charles Schwab CEO Rick Wurster stated that the firm is open to acquiring crypto assets if valuations are attractive. The company plans to launch spot crypto trading in 2026 after phased testing and aims to capture market share from Coinbase. Wurster also mentioned that Sc...

Solana Mobile to Launch SKR Token in January 2026 for Smartphone Ecosystem

Derived from 528btc, Solana Mobile plans to launch its SKR token in January 2026 as part of its crypto-native smartphone ecosystem. The token will be used for staking with entities called Guardians, who will oversee device security and community standards. SKR aims to support governance participatio...

SUI Surges 31% Amid Coinbase New York Listing and Strong Institutional Demand

According to NewsBTC, SUI has surged 31% following Coinbase's approval to offer the token to New York residents, expanding its reach into a heavily regulated U.S. market. The rally followed a major token unlock of $82–86 million, which typically pressures prices but instead saw strong buyer support....

U.S. SEC Cracks Down on Leverage in Crypto ETFs

According to CoinRepublic, the U.S. Securities and Exchange Commission (SEC) has issued warning letters to crypto ETF providers, restricting the issuance of ETFs with leverage above 200% or 2X. The move aims to counter volatility and price manipulation in the market, following a period of extreme le...

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