| Mobile Web

All articles List

Crypto

Bitcoin may not revisit $60,000 range as long-term floor rises

Bitcoin’s 200-week moving average, seen as a key long-term support level, has risen above $65,000 for the first time, U.Today reported. The metric has climbed from around $64,000 in August to above $65,000. Blockstream CEO Adam Back highlighted the move after sharing a Look Into Bitcoin chart. Market participants backing the model see limited chances of bitcoin trading below $65,000 for long periods as spot prices trade around $76,000 to $77,000.

Crypto

Record donation: Crypto figures give 72 million pounds to UK's rightwing party Reform UK

Reform UK, described as a rightwing populist party, has secured political donations totalling 72 million pounds from two crypto industry billionaires, an unprecedented sum in British party funding history. BitMEX co-founder Ben Delo and investor Christopher Harborne each pledged 36 million pounds. The donations come as Nigel Farage faces a parliamentary probe over an undeclared gift and police examine allegations of foreign funding. The government is also moving to tighten donation rules.

Finance

Next global IPO after SpaceX? Anthropic, OpenAI in focus

AI companies including Anthropic and OpenAI are emerging as leading candidates for the next blockbuster global initial public offering after SpaceX. Financial investment industry officials say Anthropic is preparing to list this year, with some expecting the process to start as early as mid-next month and valuations seen as high as $2 trillion. OpenAI and Databricks are also cited as large IPO candidates, while analysts flag competition for investor funds and rising costs.