Elon Musk’s Net Worth Surge Over $20 Billion After Trump Win
Following Donald Trump’s victory in the presidential election, the world’s richest man has become much richer. Tesla CEO Elon Musk’s net worth skyrocketed by $20 billion after Donald Trump’s U.S. presidential election win. Forbes reported a 7.5% increase in a single day, bringing Musk’s net worth to $285.6 billion. According to Google Finance, Tesla shares […]
FTX Co-Founder Gary Wang Appeals for No Jail Time in Court
Gary Wang, one of Sam Bankman-Fried’s longtime friends and a key witness at his trial, is scheduled to be sentenced on Nov. 20. Gary Wang, co-founder of FTX and its former technology chief, has requested no prison time in a sentencing memo filed in a Manhattan district court on November 6. Wang argues his “trial testimony […]
BlackRock Bitcoin ETF Tops Berkshire, VISA in Trading Volumes
BlackRock Bitcoin ETF (IBIT) recorded the highest daily trading activity since its debut, with total inflows reaching $621 million following Trump’s victory. Following Donald Trump’s recent victory as the U.S. President, spot Bitcoin ETFs surged, reversing recent outflows. BlackRock’s iShares Bitcoin Trust (IBIT) saw daily trading volumes soar to an impressive $4.1 billion, surpassing the […]
Polymarket Faces French Ban Over Major US Election Bets
France’s ANJ may ban Polymarket after a $450M bet on the 2024 US election amid concerns about unlawful gambling and market manipulation. Polymarket, a crypto-powered prediction market, may soon face a ban from France’s gambling authority, ANJ, following a surge in bets on the 2024 U.S. presidential election. As prediction platforms gained global traction, Polymarket saw […]
VanEck Launches Solana PYTH ETN to Expand in Europe
VanEck announces PYTH ETN on Euronext, providing European investors exposure to Solana-backed Pyth Network without direct crypto holdings. VanEck has expanded its European lineup with the launch of a new PYTH ETN, giving investors access to the Solana-backed Pyth Network without direct cryptocurrency ownership. The product, listed on Euronext Amsterdam and Euronext Paris, opens investment in PYTH to […]