The Facts.
Media

Software giant SAP’s shares surge 9.3% after first-quarter profit beat

SAP announced Wednesday that its first-quarter operating profit had risen by 58% year-on-year to hit 2.5 billion euros ($2.9 billion). ​Read More

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Crypto

Cantor plans $3B crypto venture with SoftBank, Bitfinex and Tether: Report

Brandon Lutnick, chair of investment banking firm Cantor Fitzgerald, is reportedly partnering with SoftBank, Tether and Bitfinex to create a $3 billion crypto acquisition company. Lutnick and the consortium hope to create a publicly listed crypto acquisition company to capitalize on the market under crypto-friendly US President Donald Trump, and replicate Michael Saylor’s company Strategy,

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Crypto

Bitcoiners should be cautious over rally as stablecoin indicator lags: Analyst

Bitcoin’s 12% rally over the week and a surge in related exchange-traded fund inflows have analysts thinking it could soon reach $100,000, but one crypto analyst has said to temper hopes as a key indicator is still giving mixed signals. “Given that our stablecoin minting indicator has yet to return to high-activity levels, we remain

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Crypto

Ethereum bounces back as market dominance recovers from all-time low

Ethereum’s price has surged after having been in the doldrums for weeks, helping boost its market share after it hit record lows. Ether (ETH) has surged almost 15% over the past 24 hours, topping $1,800 on April 23. It has outperformed Bitcoin, which notched a 6% gain, and the wider crypto market, which has climbed

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Crypto

Tesla holds onto Bitcoin as Musk says time at DOGE to ‘drop significantly’

Tesla has held onto its Bitcoin during the first quarter of 2025 as CEO Elon Musk promised shareholders that he would scale back his time working as the Trump administration’s cost-cutting czar. Musk’s comment appears to have been the main catalyst behind Tesla’s (TSLA) 5.4% price jump in after-hours trading on April 22 to $250.80

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Crypto

SEC says it won’t re-file fraud case against Hex’s Richard Heart

The US Securities and Exchange Commission has said it doesn’t intend to refile its securities fraud complaint against Hex founder Richard Schueler, who goes by Richard Heart. “Plaintiff Securities and Exchange Commission provides this notice that it does not intend to file an amended complaint in this matter,” the regulator’s lawyer, Matthew Gulde, stated in an

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Crypto

Australia’s top court sides with Block Earner, dismisses financial regulator's suit

The Federal Court of Australia has sided with fintech firm Block Earner in an appeal against a ruling that found it was required to hold a financial services license for its now-discontinued crypto-related products.  Block Earner’s crypto-linked fixed-yield earning product is not a financial product, or a managed investment scheme, and is not a derivative

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Crypto

SEC and feds charge man over $200M crypto trading scheme

The US Securities and Exchange Commission and federal prosecutors have charged a man they allege created a crypto scheme that swindled 90,000 people out of $200 million in the hopes of earning returns from Bitcoin and forex trading. The SEC said on April 22 that it had charged Ramil Palafox, a dual citizen of the

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Crypto

Trump Media inks deal with Crypto.com for ‘Made in America’ ETFs

US President Donald Trump’s media conglomerate, Trump Media and Technology Group, has signed an agreement with crypto exchange Crypto.com to launch exchange-traded funds “with a Made in America focus.” Trump Media, which operates the social media site Truth Social, said on April 22 that it signed a binding agreement with Crypto.com and asset manager Yorkville

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Crypto

Bitcoin price hits 7-week high as Trump softens tone on trade war

Bitcoin has broken above $93,000 for the first time in seven weeks, extending its post-Easter rally as recent macro events have analysts expecting more upside. Bitcoin (BTC) has climbed 5.62% over the past 24 hours and surpassed $93,000 on April 22 for the first time since March 3, continuing a 12% price rally its seen

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