Invest ideasNews
5 Jun 2026, 15:30
Crypto Billionaires Rally Behind Nigel Farage As Political Stakes Rise
Reform UK’s fundraising total climbed sixfold compared to the same period last year, when the party pulled in just $2 million in crypto and other donations. In the first quarter of 2026, it raised $12.5 million — more than any other British political party. A Party Funded By Crypto Money Two donors drove most of that haul. Christopher Harborne, who holds a stake in stablecoin issuer Tether, gave $4 million. Ben Delo, co-founder of crypto exchange BitMEX, gave $5.4 million — his first-ever donation to Reform UK . Together, their contributions account for $9.4 million of the party’s Q1 total, based on data released Thursday by the UK Electoral Commission. Labour and the Conservatives each raised around $5.4 million in the same quarter. Reform’s fundraising not only outpaced them both but exceeded the combined total from either of the two traditional parties. Farage’s Pitch To The Crypto World Nigel Farage has made his position on crypto clear. Reform UK was the first British political party to accept Bitcoin donations. Farage is a British politician who has been the leader of the Reform UK since 2024. Farage has also called for capital gains tax on crypto to be slashed from 24% to 10% and wants the Bank of England to build a Bitcoin reserve — proposals that have drawn attention from the industry on both sides of the Atlantic. It’s not just Nigel Farage taking millions from the super-rich. His Reform Party is doing it too. Reform pocketed £7 million from two crypto billionaires in the first three months of 2026 We need to kick ALL big-money out of politics. Our democracy should not be for sale! — Richard Burgon MP (@RichardBurgon) June 4, 2026 In the US, crypto-backed political action committees have been spending heavily on midterm election primaries, backing candidates who went on to win. The pattern mirrors what is now unfolding in Britain, where industry money is flowing toward politicians seen as sympathetic to the sector. A Donor Under Scrutiny Harborne’s relationship with Farage goes beyond party donations . He separately gave Farage a personal gift of $6.7 million, which is now the subject of a parliamentary standards inquiry into whether it should have been properly declared. Farage has maintained he had no obligation to register the money, saying it was received before he became a member of parliament and was intended to cover personal security costs. He later said the gift was tied to his role in the Brexit campaign. The Bigger Picture The Electoral Commission data shows total political donations across all parties more than doubled compared with Q1 of last year. Reform’s rise accounts for a significant share of that increase. Harborne’s contributions to the party now total $20 million over the past 12 months, making him one of the largest individual political donors in British politics today. Featured image by Stefan Rousseau/PA Wire, chart from TradingView
5 Jun 2026, 14:49
Morgan Stanley predicts SpaceX valuation hitting $3.4 trillion by 2040
U.S. bank and Wall Street giant, Morgan Stanley is predicting SpaceX to hit $3.4 trillion in annual revenue by 2040, representing a 182-times increase from the reported revenue of $18.7 billion in 2025, according to a WSJ report. This projection is coming after Elon Musk’s space, satellite and rockets company kicked off the build-up to its coming IPO, with the firm looking to raise $75 billion in what would be the largest public offering in history. AI development fuels Morgan Stanley’s prediction The Morgan Stanley forecast hinges directly on the positive expectations placed on SpaceX’s artificial intelligence division, which pulled in $3.2 billion in revenue during 2025. Morgan Stanley expects this division to reach almost $190 billion by 2030 alone, marking it out as the dominant revenue hub for SpaceX. This places the division well ahead of the company’s rocket and Starlink satellite divisions, the Wall Street Journal reported . By 2030, Morgan Stanley believes SpaceX’s total revenue will get close to $330 billion, with adjusted EBITDA hitting $230 billion. The 2040 forecast includes an adjusted EBITDA estimate of $2.7 trillion. Goldman Sachs, SpaceX’s foremost investment bank and one of the leading financial heavyweights in the IPO alongside Morgan Stanley, has an even higher expectation of the AI division. Goldman Sachs sees SpaceX’s AI revenue logging almost $322 billion by 2030, with total revenue reaching $474 billion and an adjusted EBITDA of $352 billion, according to a Financial Times report cited by Reuters. SpaceX is losing money SpaceX’s current financial situation is, however, markedly far from the standing of these predictions. Elon Musk’s company accrued a net loss of $4.9 billion in 2025 after posting a $791 million profit the previous year in 2024, according to Reuters. Revenue increased 33% from $14 billion in 2024 to $18.7 billion in 2025, with the net losses suggesting heavy capital spending. This is relatively unsurprising as SpaceX has continued to scale its constellation of satellites and AI infrastructure over the past two years. SpaceX’s IPO filing with the SEC mentioned plans to sell 555.55 million shares at $135 each, which would value the company at approximately $1.75 trillion. Elon is expected to retain about 82.4% of the voting power after the Nasdaq listing. Starlink and rocket operations projections Goldman Sachs’ projections expect revenue from SpaceX’s launch operations to grow modestly, from $4.1 billion in 2025 to $8.3 billion by 2030. Starlink, which currently serves about 10.3 million subscribers across 164 countries with a constellation of more than 9,600 satellites, is predicted to generate $144 billion in revenue by 2030, making it the second most profitable division behind AI. The Procure Space ETF (UFO) has gained 137% over the past 12 months, which could point to an increased investor interest in the space sector ahead of the SpaceX listing, according to Stocktwits. SpaceX began its investor meetings on Thursday, with reports that investors from China and Hong Kong would be barred from participating in the IPO. Morgan Stanley and Goldman Sachs are both key players in the IPO’s underwriting, alongside BofA Securities, JPMorgan and Citi. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
5 Jun 2026, 14:20
Australian Dollar Slides as Strong US Jobs Data Bolsters the Greenback
BitcoinWorld Australian Dollar Slides as Strong US Jobs Data Bolsters the Greenback The Australian Dollar retreated against its US counterpart on Monday, as a surprisingly robust US Nonfarm Payrolls (NFP) report released last Friday fueled expectations that the Federal Reserve will maintain its aggressive monetary policy stance. The stronger-than-expected jobs data provided a fresh boost to the US Dollar, pushing the AUD/USD pair lower in early Asian trading. US Jobs Data Surprises to the Upside The US economy added 272,000 new jobs in May, significantly exceeding the consensus estimate of 185,000, according to data from the Bureau of Labor Statistics. The unemployment rate held steady at 4.0%, while average hourly earnings rose 0.4% month-over-month, above the 0.3% forecast. The data reinforced the narrative that the US labor market remains resilient, reducing the likelihood of near-term rate cuts by the Federal Reserve. Market-implied probabilities for a rate cut in September fell sharply following the release, with the CME FedWatch Tool now showing a roughly 50% chance of a cut, down from nearly 70% before the data. This shift in expectations provided a strong tailwind for the US Dollar, which gained across the board. AUD/USD Reaction and Key Levels The AUD/USD pair opened with a gap lower on Monday, trading around 0.6570, down from Friday’s close near 0.6615. The pair has now erased gains made earlier in the week when the Reserve Bank of Australia (RBA) held rates steady and struck a relatively hawkish tone. Technical analysts point to immediate support at the 0.6550 level, followed by the May low of 0.6465. On the upside, resistance is seen at 0.6620 and then the 0.6700 psychological barrier. The pair remains sensitive to shifts in US interest rate expectations and broader risk sentiment. Why This Matters for Traders and Investors The Australian Dollar is often viewed as a proxy for risk appetite, given its close correlation with commodity prices and global growth expectations. A sustained rally in the US Dollar, driven by strong US data, could keep the AUD under pressure in the near term. For importers and exporters dealing in AUD, the weaker exchange rate may have mixed implications: lower costs for US-dollar-denominated imports but reduced margins for Australian exporters. Investors will now turn their attention to upcoming US inflation data, due later this week, which could further shape Fed policy expectations. A higher-than-expected Consumer Price Index (CPI) reading could reinforce the Dollar’s strength, while a softer print might provide some relief for the Aussie. Conclusion The Australian Dollar’s retreat following the strong US jobs report highlights the continued dominance of US macroeconomic data in driving currency markets. With the Fed likely to keep rates higher for longer, the path of least resistance for AUD/USD appears skewed to the downside in the short term. Traders should monitor US inflation data and any shifts in global risk sentiment for the next directional cues. FAQs Q1: Why did the Australian Dollar fall after the US jobs report? A stronger-than-expected US Nonfarm Payrolls report reduced the likelihood of the Federal Reserve cutting interest rates soon, boosting the US Dollar and putting downward pressure on the Australian Dollar. Q2: What is the key support level for AUD/USD right now? Immediate support is seen around 0.6550, with a break below that opening the door to the May low near 0.6465. Q3: How does the US jobs data affect the Federal Reserve’s policy? A strong labor market gives the Fed more room to keep interest rates elevated to combat inflation, reducing the probability of rate cuts in the near term. This post Australian Dollar Slides as Strong US Jobs Data Bolsters the Greenback first appeared on BitcoinWorld .
5 Jun 2026, 14:15
US Natural Gas Supply Outlook Improves, Says ING: What It Means for Markets
BitcoinWorld US Natural Gas Supply Outlook Improves, Says ING: What It Means for Markets Analysts at ING have revised their outlook on US natural gas supply, pointing to improving conditions that could reshape market dynamics in the coming months. The update comes amid shifting production levels, storage inventories, and weather-driven demand patterns that have kept traders and energy companies on alert. Key Drivers Behind the Improved Supply Outlook ING’s assessment highlights several factors contributing to a more favorable supply picture. Production in key basins such as the Permian and Appalachia has shown resilience, with output stabilizing after earlier disruptions. Additionally, natural gas storage levels remain above the five-year average, providing a buffer against unexpected demand spikes. The bank’s analysts note that milder winter weather in early 2025 reduced heating demand, allowing inventories to build faster than anticipated. This has eased concerns about supply tightness that had driven prices higher in late 2024. Implications for Natural Gas Prices and Energy Markets The improved supply outlook is likely to weigh on natural gas prices in the near term. Henry Hub futures have already adjusted downward in response to the latest data, with traders pricing in a more balanced market. Lower natural gas prices could benefit consumers and industries that rely on the fuel for power generation and manufacturing. However, ING cautions that risks remain. Extreme weather events, geopolitical disruptions, or unexpected production declines could quickly shift the balance. The market remains sensitive to any signs of supply constraint, particularly as liquefied natural gas (LNG) export capacity continues to expand. What This Means for Investors and Energy Companies For investors, the current environment suggests a cautious approach. While lower prices may pressure upstream producers, they could improve margins for downstream users such as chemical plants and power utilities. Energy companies may need to adjust their hedging strategies to account for the softer price outlook. The report also underscores the importance of monitoring storage data and production reports in the weeks ahead. Any deviation from current trends could trigger renewed volatility. Conclusion ING’s updated analysis provides a data-driven perspective on the US natural gas market, emphasizing improved supply fundamentals. While the outlook has brightened, the sector remains subject to rapid change. Market participants should stay informed on production trends, storage levels, and weather forecasts to navigate the evolving landscape. FAQs Q1: What did ING say about US natural gas supply? ING reported that the US natural gas supply outlook has improved, citing stable production, above-average storage levels, and reduced heating demand due to mild winter weather. Q2: How might this affect natural gas prices? The improved supply outlook is expected to put downward pressure on natural gas prices in the near term, though risks such as extreme weather or supply disruptions could reverse this trend. Q3: Why is natural gas storage data important? Storage levels indicate the balance between supply and demand. Above-average storage provides a cushion against price spikes, while low storage can signal potential shortages and higher prices. This post US Natural Gas Supply Outlook Improves, Says ING: What It Means for Markets first appeared on BitcoinWorld .
5 Jun 2026, 14:02
Pundit to XRP Holders: You Need to Hear This Now
XRP sits at $1.15 today. Several years ago, with far fewer partnerships and almost no real-world integration, it hit over $3. That gap is what crypto analyst Jesse from Apex Crypto Insights wants people to pay attention to. Crypto enthusiast and XRP supporter Mimo (@Ripple_Mino) shared a clip from Paul Barron’s show, the XRP Pod, where Barron pressed Jesse on his biggest concerns about the XRP ecosystem. What followed was a candid conversation about price suppression, strategic timing, and where the asset might actually be heading. XRP HOLDERS YOU NEED TO HEAR THIS NOW pic.twitter.com/dj5QiqKHh9 — Mino (@Ripple_Mino) June 3, 2026 The Switch That Has Not Been Flipped Jesse asked a crucial question: “I don’t understand how in 2017-2018 the price hit over $3 with almost no integration, and now we’re still at $1” after years of partnerships, acquisitions, and integrations. He told Barron that something does not add up. When Barron pushed him on whether bad actors were involved and XRP’s price was being suppressed , Jesse offered a different possibility. He suggested the low price could be strategic. Ripple may need all the infrastructure in place before activating payment corridors. Liquidity has to be established first. So, the switch, as Jesse put it, may not have been flipped yet. Barron connected this to broader macro conditions, citing a friendly Federal Reserve, potential rate cuts, and regulatory clarity as factors that could move the market. Jesse agreed that those things could help, but he was careful to note XRP may not need all of them . The Gold Question Jesse raised something more speculative but worth noting. He referenced discussions around a “ digital Bretton Woods ,” pointing to conversations about pegging assets to gold in a new global reserve structure. He brought up Judy Sheldon, a known gold advocate who has also spoken about distributed ledger technology. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 He noted that he does not know whether Ripple will “flip switches” on corridors or whether XRP gets pegged to gold in some new international monetary arrangement. He raised it as a legitimate open question, not a certainty. Barron added that nation-states are currently buying gold at a notable rate, which ties into that line of thinking. Does the Community Support this View? Responses to Mimo’s post covered a wide range of views. One user argued that no switch is coming and that the whole setup serves to extract liquidity from retail investors. Another pointed out that OTC buying keeps prices rising for institutions while retail investors sit waiting for recovery. One commenter said suppression is obvious, citing institutional OTC activity and Bitcoin dominance as the mechanism. Others pushed back, with one arguing that a circulating supply in the tens of billions naturally keeps prices low regardless of outside forces. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Pundit to XRP Holders: You Need to Hear This Now appeared first on Times Tabloid .
5 Jun 2026, 14:00
US House Bill Proposes National Bitcoin Reserve Using Forfeited Assets
BitcoinWorld US House Bill Proposes National Bitcoin Reserve Using Forfeited Assets On May 21, Representative Nicholas Begich of Alaska introduced H.R.8957, the Modernizing America’s Reserve Assets Act (ARMA), a bill that would establish a national Bitcoin reserve using digital assets seized through criminal and civil forfeiture proceedings. The full text, now published on the official U.S. Congress website, outlines a framework for the Treasury Department to hold Bitcoin for a minimum of 20 years, with strict oversight and transparency measures. Core Provisions of the ARMA Bill The legislation mandates that Bitcoin obtained through forfeitures be transferred into a strategic reserve and held for at least two decades. During this period, sales or disposals are prohibited. To ensure accountability, the bill requires quarterly proof-of-reserves reports and independent third-party audits. State governments may also voluntarily deposit Bitcoin into separate accounts within the Federal Reserve system, expanding participation beyond the federal level. A key forward-looking provision directs the Treasury and Commerce Departments to jointly study methods for increasing the nation’s Bitcoin holdings within 180 days, without requiring additional appropriations. Potential avenues include converting non-Bitcoin digital assets, using forfeited assets, accepting voluntary donations, leveraging tax or tariff revenue, or utilizing Federal Reserve or gold certificate mechanisms. Comparison with Previous Legislation Analysts have noted that ARMA is more measured than the earlier ‘BITCOIN Act,’ which proposed the purchase of one million Bitcoin. The new bill focuses on existing government-held assets rather than active market purchases, which observers believe improves its political feasibility. However, the bill leaves the door open for future federal Bitcoin acquisitions, as the mandated study could recommend buying more coins. Handling of Forks and Airdrops The bill also addresses digital assets resulting from hard forks or airdrops on government-managed addresses. These would be subject to a five-year sales ban. After that period, their market value would be assessed, with only the most valuable mainstream asset retained and the remainder sold, with proceeds directed to the Treasury. Why This Matters If enacted, ARMA would mark a significant shift in U.S. government policy toward digital assets, moving from passive seizure and auction to long-term strategic holding. The bill’s emphasis on transparency and independent auditing could set a precedent for how sovereign entities manage cryptocurrency reserves. For the cryptocurrency market, the prospect of a federal Bitcoin reserve adds a layer of institutional legitimacy, though the 20-year lock-up period means immediate market impact would be limited. Conclusion H.R.8957 represents a pragmatic step toward integrating Bitcoin into U.S. reserve asset strategy, focusing on existing forfeited holdings rather than new purchases. While its path through the House Financial Services Committee remains uncertain, the bill signals growing congressional interest in digital assets as a component of national financial strategy. FAQs Q1: What is the main goal of the ARMA bill? The bill aims to create a strategic Bitcoin reserve using digital assets seized through criminal and civil forfeitures, with a mandatory 20-year holding period and quarterly proof-of-reserves audits. Q2: Does the bill authorize the government to buy Bitcoin on the open market? No, the bill does not authorize immediate purchases. It requires a study within 180 days to explore potential methods for increasing Bitcoin holdings, which could include future purchases. Q3: How does ARMA differ from the earlier BITCOIN Act? The BITCOIN Act proposed purchasing one million Bitcoin, while ARMA focuses on managing already-seized assets. Analysts consider ARMA more politically feasible due to its more moderate approach. This post US House Bill Proposes National Bitcoin Reserve Using Forfeited Assets first appeared on BitcoinWorld .
