Elon Musk-Backed X.AI Files With SEC to Raise Up to $1B in Equity Offering
The filing lists the Tesla-billionaire-turned-social-media tycoon as a key backer.
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The filing lists the Tesla-billionaire-turned-social-media tycoon as a key backer.
The move prompted $73 million in liquidations, during the day predominantly leveraged short positions betting on lower prices.
The total amount of capital locked or staked across all decentralized finance (DeFi) protocols reached $50 billion on Tuesday, the most in six months.
Shares in the cryptocurrency exchange have rallied nearly 300% this year, and the latest chart pattern suggests further gains could still be in the offing.
Altcoins futures took a hit Monday as sudden volatility liquidated both longs and shorts, causing unusually high liquidations on some lesser-known tokens.
Moving to an exchange could suggest the investor is likely to sell the asset for stablecoins or other tokens.
The unknown seed investor agreed to purchase $100,000 shares on October 27, 2023, BlackRock’s latest filing reveals.
Bitcoin hit a fresh yearly high of $42,000, pushing the market capitalization of all cryptocurrencies over $1.5 trillion for the first since May 2022.
SocGen said tokenized bonds provide greater transparency and traceability, as well as speedier transactions and settlements.
The company added to its holdings in November.