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Latest from Sam Reynolds
Paxos Cuts 20% of Staff: Reports
A Bloomberg report says the company will have an increased focus on tokenization.
ERCOT CEO: Texas' Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
The Electric Reliability Council of Texas' CEO said in Senate testimony that the state's grid capacity will need to double in the next decade to handle demand, while the Lieutenant Governor of Texas says more scrutiny is coming for this industry.
Will Trump Trounce Biden? Polymarket Traders Are Betting on It.
With a 56% chance of winning, according to the prediction market's traders, the former president has a 22-point lead over the incumbent, far bigger than what the polls indicate.
Medical Device Maker Semler Scientific Buys $17 Million More Bitcoin and Is Raising Money to Purchase More
The firm currently holds 828 bitcoin and plans to expand its crypto treasury
U.S. Charges Three in Connection With Evolved Apes NFT Scam
Evolved apes was a $3 million NFT rug pull that lured investors in with the promise of developing a video game.
Bitcoin Mining Stocks Soar Amid Takeover Frenzy
The stocks are undervalued, so miners with attractive power contracts could become M&A targets, according to Wall Street analysts.
VanEck Sees Ether Hitting $22K by 2030
Ether's 2030 valuation is driven by $66 billion in free cashflows and $15 trillion TAM potential, VanEck writes
Bain Capital Crypto Raising Second Fund: Filing
Bain Capital has been an active investor in crypto since its initial fund launch, participating in a $115 million round for Sam Altman's Worldcoin.
BODEN Token Up Over 10%, TREMP Gains 5% After Kraken Lists Solana PoliFi Duo
BODEN appears to be the winner as first exchange open to U.S. residents lists the election-themed tokens.
Trump Conviction Barely Dents His Odds of Winning Election: Prediction Markets
Plus: Polymarket traders doubt Trump will go to prison; Kalshi bettors are at odds with the CME FedWatch poll on rate cuts.
