hodler

24 May 2026, 18:43

Big Short’s Michael Burry Warns SEC Tokenized Stock Plan Risks ‘Snow Crash’ Future

Michael Burry warned this week that the U.S. may be heading toward a “Snow Crash cyber-punk future” as the U.S. Securities and Exchange Commission (SEC) prepares rules that would let crypto platforms trade tokenized versions of traditional stocks. Burry Warns SEC Tokenized Stocks Could Erode Human Connections Writing on his Substack channel “Cassandra Unchained” and

24 May 2026, 16:36

SpaceX Reveals How Much Bitcoin (BTC) It Owns

SpaceX has revealed in a new S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) that it owns $1.293 billion in Bitcoin (BTC) on its balance sheet. The disclosure is the first time the company has publicly shared details about its crypto treasury ahead of its IPO. SpaceX Discloses Its BTC Position In SpaceX’s filing, the company says it holds 18,712 BTC, which it purchased at an average cost of around $35,324 per BTC for a total of around $661 million. As of March 31, 2026, the fair value of those holdings stood at $1.293 billion, with an unrealized gain of nearly 119%. “The company has ownership of and control over its digital assets, which consists of Bitcoin, and utilizes, and expects to continue to utilize third-party custodians to hold its Bitcoin,” read the filing. Elon Musk has publicly hinted at his company’s interest in digital assets through his frequent social media commentary for years. However, this filing marks the first time the aerospace giant has formally acknowledged holding BTC. Until now, estimates of the firm’s holdings had been mostly speculative, with analysts tracking Arkham-linked wallets putting the figure at around 8,285 BTC. The revelation places SpaceX among the largest corporate holders of BTC worldwide, surpassing Tesla’s own reserves. According to data from BitcoinTreasuries.net, the former now ranks seventh globally, while the latter sits in 13th place with holdings of 11,509 BTC. Elsewhere, Strategy remains the largest BTC treasury company, with the firm recently making a multi-billion dollar purchase of 24,869 BTC, bringing its entire stash to 843,738 BTC. SpaceX’s Upcoming IPO SpaceX is getting ready for its much-anticipated IPO, which it plans to list on the Nasdaq under the ticker SPCX next month. The company is aiming to raise about $75 billion, with a valuation that’s expected to fall between $1.75 trillion and $2 trillion. If successful, the offering would surpass the Saudi Aramco IPO from 2019, which raised $29.4 billion and currently holds the record for the biggest debut ever. The aerospace firm said in its Wednesday prospectus that it sees a total addressable market of about $28.5 trillion, with its strategy focused on identifying opportunities that match this under its repeatable business model. The document also shows that Musk will keep about 85.1% of the voting power after the listing, meaning that he will still have strong control over key company decisions even after it becomes a public entity. Meanwhile, Circle’s IPO made headlines last year in the crypto space, as the USDC issuer raised over $1 billion in its public debut. The offering also received lots of interest from major investors, with firms like ARK Investment and BlackRock contributing to its shares being oversubscribed by more than 25 times. The post SpaceX Reveals How Much Bitcoin (BTC) It Owns appeared first on CryptoPotato .

24 May 2026, 16:00

FTX Lawyers Pay $54M In Settlement Over Services Rendered To Exchange – Details

In a noteworthy development, US law firm Fenwick & West has agreed to pay $54 million to settle claims arising from its legal services for the defunct crypto exchange FTX. The proposed settlement, filed in federal court in Miami on Friday, resolves allegations from FTX customers who accused the Silicon Valley-based firm of facilitating misconduct tied to one of the largest financial frauds in US history. Fenwick Denies Knowledge Of FTX Illicit Activities Despite Settlement According to court filings as reported by Reuters, Fenwick & West served as a lead outside counsel for FTX during the exchange’s rapid expansion into a global crypto trading platform. Plaintiffs in the class action lawsuit alleged the firm “helped to craft and implement strategies that facilitated FTX’s fraud,” accusing the lawyers of assisting with regulatory and operational structures later tied to the misuse of customer funds. The proposed settlement agreement still requires approval from US District Judge K. Michael Moore in Miami. Attorneys representing FTX customers, including prominent litigator David Boies, argued the deal was reasonable and would prevent prolonged and costly litigation. However, Fenwick rejected allegations that it knowingly participated in fraudulent conduct. In a public statement, the law firm said it “was not aware of the fraud at FTX,” adding that it stood by the integrity of its legal work. The $54 million agreement marks the largest settlement in a second wave of FTX-related class action resolutions. Other settlements include an $11.75 million payment from former FTX auditor Prager Metis and a $420,000 settlement involving former Miami Heat player Udonis Haslem, who promoted the exchange. The Journey So Far FTX collapsed in November 2022 after revelations that an estimated $11- $13 billion in customer funds had allegedly been diverted to its sister trading firm, Alameda Research. The exchange’s bankruptcy triggered widespread panic across the digital asset market and erased $200 billion in global crypto market cap. In 2024, founder Sam Bankman-Fried was convicted on fraud and conspiracy charges and sentenced to 25 years in prison. Although he pleaded not guilty and has since appealed the conviction, claiming the initial trial was unfairly prejudiced against him. Meanwhile, the FTX Recovery Trust has continued efforts to reimburse affected creditors under the company’s Chapter 11 restructuring process. In March 2026, the estate announced a fourth distribution of approximately $2.2 billion, bringing cumulative repayments to eligible claimants close to $10 billion. Several customer classes, including many US-based users, have reportedly reached full or near-full recovery levels under the court-approved repayment plan.

24 May 2026, 15:30

Gold Slides 0.7% as DXY Holds Near 99.32 and 10-Year Yields Push Toward 4.6%

Gold traded near $4,509 per ounce on Sunday and finished the week down roughly $30 to $35 as a firm dollar and climbing Treasury yields kept buyers cautious. Gold Faced Headwinds This Week Spot gold opened the May 17-24 period near $4,540 and spent most of the week oscillating between $4,480 and $4,566. Daily swings

24 May 2026, 13:18

Filecoin (FIL) And The Graph (GRT): As LLM Dataset Partnerships And L2 Indexing Demand Increase, Do FIL And GRT Become The Core “AI Data + Query” Infra Or Keep ...

As the artificial intelligence narrative within Web3 matures, the focus is shifting from purely speculative compute models to the foundational infrastructure required to sustain them. Major Large Language Models (LLMs) are increasingly relying on decentralized networks for verifiable dataset storage and retrieval. Within this "AI Data + Query" stack, two protocols are fundamentally unmatched: Filecoin (FIL) , providing the massive decentralized storage required for LLM datasets, and The Graph (GRT) , supplying the decentralized indexing necessary for rapid querying across exploding Layer-2 networks. Yet, despite this immense fundamental utility, a glance at their technical charts reveals a frustrating reality: both assets are currently trapped beneath their 30-day moving averages, lagging far behind the high-beta GPU and AI-agent tokens. Are these foundational networks quietly accumulating, or are they destined to remain "invisible plumbing"? Filecoin (FIL): Mid‑Range In A Wide “AI Data” Channel Source: tradingview Filecoin has successfully positioned itself as the decentralized data vault for Web3, securing vital partnerships for LLM dataset backups. However, the market has not yet awarded it a definitive "AI premium," treating it instead as a range-bound infrastructure asset. The Fibonacci Map ($4.00 to $7.00): 23.6% Retracement: ~$4.71 38.2% Retracement: ~$5.15 50.0% Retracement: ~$5.50 61.8% Retracement: ~$5.85 Immediate Support: $5.15 to $5.20: This is the 38.2% Fibonacci level. It serves as the first shallow retrace zone. Holding this line on daily closes indicates that the upward momentum from the $4.00 low is still structurally intact. $4.00 to $4.10: The 30-day swing low. A breakdown below $4.00 invalidates the entire recent technical structure, turning the 30-day move into a failed breakout. Immediate Resistance: $5.50 to $5.85: This is the critical threshold. It houses the 50% retracement ($5.50), the 30-day Simple Moving Average (SMA), and the 61.8% retracement ($5.85). FIL must reclaim and live above this band to prove the market is re-rating it based on LLM storage demand. The Read: FIL is currently trapped in the mid-range, slightly beneath its 30-day mean. To be treated as the "data half" of a core AI infra pair, it must defend the $5.15 support floor, aggressively reclaim the $5.50–$5.85 resistance block, and spend the majority of its time preparing for runs at the $7.00 ceiling. The Graph (GRT): Under Its Mean, Leaning On First Fibs Source: tradingview The Graph 's utility is exploding alongside the proliferation of Ethereum Layer-2s, as decentralized applications require its subgraphs to query data efficiently. Yet, the token price reflects a severe lag, sitting precariously in the lower third of its recent trading band. The Fibonacci Map ($0.18 to $0.32): 23.6% Retracement: ~$0.213 38.2% Retracement: ~$0.233 50.0% Retracement: ~$0.250 61.8% Retracement: ~$0.267 Immediate Support: $0.21 to $0.22: GRT is currently leaning heavily on the 23.6% retracement ($0.213). This is the immediate "are we accumulating or unwinding?" zone. $0.18 to $0.19: The 30-day swing low. A daily close below $0.18 signals that the market is comfortable repricing GRT lower, completely ignoring the fundamental increase in indexing demand. Immediate Resistance: $0.233 to $0.250: This zone contains the 38.2% and 50% levels, capped by the 30-day SMA at $0.250. GRT must retake and hold this band to shift its narrative from "ignored plumbing" to a "yielding infra blue-chip." The Read: GRT’s technical posture is weak. It is leaning on shallow support well below its moving average. It must hold the $0.21 line to avoid structural collapse, and it urgently needs to reclaim $0.25 for the 30-day SMA to flatten out and provide dynamic support. Conclusion: Core “AI Data + Query” Infra Or Lagging Beta? The fundamental case for a FIL and GRT infrastructure stack is incredibly strong, but the charts tell a story of assets that are currently being overlooked by speculative capital. They Emerge as the Core “AI Data + Query” Stack If: FIL vigorously defends $5.15 on pullbacks and successfully reclaims the $5.50–$5.85 resistance block, signaling that storage demand is finally commanding a premium. GRT holds its fragile $0.21 support, climbs back through the $0.233–$0.250 zone, and begins building higher lows above its 30-day SMA. Market capital actively rotates out of overheated, high-beta AI meme/agent tokens and seeks safety in the yielding infrastructure that actually stores and indexes the models. They Keep Lagging Higher‑Beta AI Tokens If: FIL chops aimlessly below $5.50 and fails to generate volume on attempts at $6.00+. GRT fails to hold $0.21 and slowly leaks back toward the $0.18 washout low. The broader market continues to view FIL and GRT purely as "specialist plumbing"—essential for builders, but too low-beta for traders seeking the immediate torque of AI narrative tokens. Final Verdict: The numbers dictate that FIL and GRT are currently lagging. They are positioned at critical "make or break" support levels within their respective ranges. Until they can break overhead moving average resistance, they remain under-owned value plays waiting for the market to care about fundamentals again. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

24 May 2026, 09:02

XRP to $300? Ripple President Just Confirmed This About XRP ledger

Digital Outlook recently presented a set of assertions centered on XRP price expectations and broader market positioning. The post stated that analysts are projecting $300 and $1,700 for $XRP, referencing historical market performance cycles as the basis for these figures. It further emphasized that such projections compare prior market expansions, in which XRP reportedly experienced significant percentage increases over relatively short periods. The post also highlighted the argument that current market participation remains limited. It claimed that only 1% to 2% of the global population is actively involved in the digital asset sector, suggesting that broader adoption could materially change valuation expectations across major blockchain networks, including XRP . Analysts are calling $300–$1,700 per $XRP based on historical runs — and Monica Long just confirmed the XRP ledger is the premier solution for the RWA tokenization explosion. Only 1–2% of the world is even IN this space yet. Do the math. https://t.co/QzvW4dYDEU — Digital Outlook (@digitaloutlook3) May 22, 2026 RWA Tokenization Narrative and XRPL Positioning A central component of the X post referenced comments attributed to Monica Long, who is described as confirming that the XRP Ledger is positioned as a leading infrastructure solution for real-world asset (RWA) tokenization . The post framed this development as part of a broader expansion in tokenized financial instruments, including securities, bonds, and other traditional market assets represented digitally on blockchain networks. The post described tokenization as the conversion of real-world financial instruments into digital representations on distributed ledger systems. It emphasized that proponents view this structure as enabling faster settlement, improved transparency, and operational efficiency in financial markets. The post further linked this trend to increased institutional interest in blockchain-based settlement systems and the potential scaling of tokenized markets. It also referenced concerns about emerging technologies, including quantum computing, as a factor influencing the development of more secure blockchain infrastructure. According to the post, industry participants are considering long-term security requirements as part of broader financial system modernization efforts. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Commentary from the Digital Outlook Video In a YouTube video attached to the tweet, Digital Outlook expanded on the themes outlined in the written content. The speaker reiterated the claim that analysts are projecting XRP price ranges from $300 to $1,700, stating that these projections are based on interpretations of previous market cycles and historical performance patterns. The video also reiterated references to Monica Long’s remarks on tokenization and described the XRP Ledger as being positioned for potential institutional use in real-world asset markets. The speaker emphasized stablecoin expansion and tokenized securities as key areas of growth, while noting that adoption in digital assets remains relatively low compared to the global population. Additional commentary in the video referenced macro-level developments, including discussions around regulatory clarity, institutional infrastructure development, and technological advances such as artificial intelligence and quantum computing. The speaker argued that these factors collectively contribute to evolving expectations around blockchain-based financial systems. The video concluded by focusing on market participation and investor behavior, emphasizing the importance of preparation and long-term positioning in response to changing market conditions and technological developments. 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 XRP to $300? Ripple President Just Confirmed This About XRP ledger appeared first on Times Tabloid .