Northern Data Mulls US Market AI Entity IPO at up to $16 Billion Valuation
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Northern Data Mulls US Market AI Entity IPO at up to $16 Billion Valuation

Northern Data, a European cloud computing, artificial intelligence (AI), and bitcoin mining company, is reportedly mulling going public in U.S. markets. The company would be in talks to complete its initial public offering (IPO) in 2025, creating an entity combining its AI cloud computing and data center divisions. This new entity would have a valuation […] Source: https://news.bitcoin.com/northern-data-mulls-us-market-ai-entity-ipo-at-up-to-16-billion-valuation/

FOMO HOUR 149 - LUCA NETZ LIVE!
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FOMO HOUR 149 – LUCA NETZ LIVE!

FOMO HOUR 149 – LUCA NETZ LIVE! BTC bounces back above $61k after nosedive. SOL leads majors, BTC dominance falls. BTC RSI hit 18, largest net selling day in over a year. $174m ETF outflow led by GBTC. German government sells $24m more more BTC. Mt Gox info probably ‘leaked to insiders’. Mr 100 buys dip for first time in…

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Coinbase Puts SEC on Notice: ‘Liability shouldn't depend on which court you get sued in’
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Coinbase Puts SEC on Notice: ‘Liability shouldn’t depend on which court you get sued in’

Coinbase has filed a notice in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), citing a recent court ruling in favor of Binance.  The ruling from Judge Jackson in the SEC v. Binance Holdings Limited case late last month dismissed the SEC’s claim secondary market transactions in the BNB token on Binance’s platform were investment contracts.…

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BIS Report Warns of Rising Public Debt Risks to Global Economies
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BIS Report Warns of Rising Public Debt Risks to Global Economies

The Bank for International Settlements (BIS) Annual Economic Report 2024, published on June 30, highlights the significant risks posed by rising public debt levels across both advanced and emerging market economies. The report stresses that without fiscal consolidation, debt trajectories will remain unsustainable, threatening macroeconomic stability. As interest rates rise, refinancing needs and higher debt […] Source: https://news.bitcoin.com/bis-report-warns-of-rising-public-debt-risks-to-global-economies/