SpaceX's Bitcoin investment underscores growing institutional interest, potentially stabilizing and elevating cryptocurrency market dynamics.
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Earlier this month, SpaceX and Anthropic announced a new compute partnership that provides access to the rocket company's Colossus data centers in Memphis, TN. Now, with the release of SpaceX's IPO filing, we have more details about that deal, including how much Anthropic is paying to Elon Musk's company.
In its S-1 filing, SpaceX said that Anthropic agreed to pay $1.25 billion per month through May 2029 for access to SpaceX's AI training centers at Colossus I and Colossus II. That's $15 billion annually, or nearly double the $18.7 billion in revenue that SpaceX reported in all of 2025.
The agreement includes a clause in which either com …
Read the full story at The Verge.
The Bitcoin weekly chart has printed a red candlestick in a way that has quietly preceded some corrections. This candlestick appears in the numbers: in the open, the push, the rejection, and the close. That is exactly what happened last week. The candle that formed has now drawn the attention of an analyst who has catalogued its full history on Binance going back to 2017, and what he found is the possibility of another Bitcoin crash. Bitcoin’s Weekly Candle Flashes A Rare Bearish Setup As noted by a crypto analyst that goes by the name Sherlock on X, the latest Bitcoin weekly candle is one of the ugliest candlesticks that the asset can print. The analyst’s concern was not simply that Bitcoin closed the week in red. It was the way the candle formed and where it closed compared to the previous week. Related Reading: Pundit Predicts What Will Happen To XRP When Exchanges Run Out Of Supply Bitcoin’s weekly candle met three bearish conditions at the same time. It came in red immediately aft
Rising US debt and interest costs threaten economic stability, prompting increased interest in hard assets like Bitcoin and gold as hedges.
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Hyperliquid’s native token HYPE extended its vertical rally on Wednesday, climbing nearly 49% over the last seven days to trade near $57.6 as traders rotated capital into one of the few large-cap crypto assets outperforming Bitcoin and Ethereum during the…
SpaceX's IPO could reshape market dynamics, raising governance concerns and investor dilemmas over Musk's intertwined business interests.
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