This Sunnyvale-based chipmaker and data center operator (because why just make chips when you can also run the whole show?) is flogging 28 million shares at $115 to $125 a pop. That’s a potential $35 billion valuation, which is a lot of money for something that sounds like a medical condition. But hey, in the AI gold rush, even pickaxes are going public.
Bitcoin fell to $79,074 in Asian hours, erasing nearly $1,500 from its $80,594 peak, a sum not seen since January 31. The air was thick with the sighs of overleveraged optimists.
Bitcoin’s price has dipped slightly to $79,000 after briefly reaching over $80,000 earlier today. Currently, it’s still showing a 0.4% increase over the past 24 hours.
Ah, the post-quantum debate-a theater of the absurd, where the very fabric of Bitcoin’s immutable ledger is threatened by the specter of quantum computers, those cold, unfeeling machines that promise to unravel the secrets of the blockchain like a cheap novel. Robinson, in a research post titled “PACTs: Protecting Your Bitcoin From a Quantum Sunset,” warns that “an attacker with a powerful enough quantum computer could steal hundreds of billions of dollars of Bitcoin.” A theft so grand, so audacious, it would make even the most hardened criminal blush with envy. And yet, the solution he proposes is as convoluted as a Dostoevsky plot, a labyrinth of commitments, proofs, and timestamps that would make even the most astute reader cry out in despair.
On May 4th, Solana (SOL) was trading at around $86.20, a gain of about 2.3% over the previous 24 hours, according to crypto.news. The token has been fluctuating between $80 and $92 for the past week, continuing a period of stability that began in mid-April.
According to the ever-reliable (or not) Iranian state media, the IRGC, as reported by Al Jazeera, the vessel was struck after ignoring warnings from the Revolutionary Guard. One wonders if the captain was too engrossed in checking his Bitcoin portfolio to heed the alarms.
Tether Mints $1B USDT on Tron, Boosting Crypto Market Liquidity Tether has created $1 billion in new Tether USDt on the Tron network, bringing the total supply to almost $189.6 billion. This usually means new money is entering the cryptocurrency market, often from traditional currency deposits. Some investors see this as a positive sign, but … Read more
In the grand, indifferent theater of cryptocurrency, where fortunes flicker like candle flames in a draft, the on-chain sleuth ZachXBT has once again taken up his magnifying glass. With the weary eye of a man who has watched too many digital dreams turn to dust, he observes that Tokenlon’s bustling exchange seems to draw a … Read more
According to data from Tokenomist (shared by WuBlockchain, the digital equivalent of a friend whispering gossip at a party), we’re looking at over $229 million in tokens being unleashed this week. Releases include Hyperliquid, Ethena, Space and Time, RedStone, Opinion, Rain, Solana, Corn, TRUMP, Worldcoin and Bittensor. Traders track these because new supply ‘could’ add selling pressure if demand doesn’t absorb it. Or, you know, if everyone just collectively decides to panic. It’s a toss-up.
Observing the short-term chart-that sacred scroll of the initiated-one sees the price has, on a mere 4-hour candle, vaulted over the flag’s peak. It touched the sacred resistance of $80,600, then retreated, as all creatures of habit do, to test whether the breakout was not a mere hallucination. It now proposes the level of $79,500 as a potential new sanctuary. All, for now, appears well in the kingdom of charts.