All In FutureTech Alliance (AGAE) announced it will acquire a 57.67% controlling stake in HyalRoute, a leading Southeast Asian fiber-optic infrastructure company, by issuing new shares priced at $10 each. The deal values HyalRoute at $4 billion and marks a strategic shift for AGAE towards building a global AI optical network platform combining optical computing and transmission. HyalRoute owns extensive fiber networks across ASEAN countries and is developing advanced AI computing centers. This acquisition positions AGAE to capitalize on growing AI data center demand and the rising importance of fiber-optic infrastructure in digital economies.
Elon Musk's SpaceX is targeting a $1 trillion valuation as it plans to establish a permanent lunar base by 2029-2030, competing with China. The company’s upcoming IPO, led by Goldman Sachs, has sparked debate over its high valuation, which could reac...
An anonymous whale wallet sold 20,000 ETH for about $41.18 million within an hour, averaging $2,059 per ETH. This large sale adds to recent whale exits, including an 8,771 ETH deposit to Binance earlier in May, signaling growing selling pressure on E...
The US and Iran are close to finalizing a deal that would reopen the Strait of Hormuz for commercial shipping and unfreeze $20 billion in Iranian assets. Iran has proposed using Bitcoin to pay transit fees, potentially marking a major state-level use...
Bitcoin's price recently fell below $75,000, prompting bearish sentiment among traders. According to Kalshi, the probability of Bitcoin dropping below $50,000 this year has increased to 40%, reflecting caution amid ongoing market volatility. Institut...
Bitcoin fell below the key $75,000 level, sparking a sharp selloff across major cryptocurrencies including Ethereum and top altcoins. This drop triggered around $400 million in liquidations of leveraged long positions, intensifying market panic. The ...
